Arrowstreet Capital Limited Partnership Buys 118,153 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Arrowstreet Capital Limited Partnership boosted its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 172.2% during the fourth quarter, Holdings Channel reports. The firm owned 186,752 shares of the scientific and technical instruments company’s stock after purchasing an additional 118,153 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Vishay Precision Group were worth $4,383,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VPG. Quantbot Technologies LP boosted its position in Vishay Precision Group by 77.9% in the fourth quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock worth $82,000 after purchasing an additional 1,539 shares during the last quarter. EMC Capital Management boosted its holdings in shares of Vishay Precision Group by 577.8% in the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock worth $213,000 after buying an additional 7,731 shares during the last quarter. EntryPoint Capital LLC grew its position in Vishay Precision Group by 22.0% during the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock valued at $225,000 after buying an additional 1,730 shares during the period. Kovack Advisors Inc. increased its holdings in Vishay Precision Group by 23.2% during the fourth quarter. Kovack Advisors Inc. now owns 10,371 shares of the scientific and technical instruments company’s stock valued at $243,000 after buying an additional 1,950 shares during the last quarter. Finally, Tidal Investments LLC raised its position in Vishay Precision Group by 4.6% in the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock worth $301,000 after acquiring an additional 514 shares during the period. Institutional investors own 87.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VPG. StockNews.com downgraded shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 29th. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Price Performance

NYSE VPG opened at $19.16 on Wednesday. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. Vishay Precision Group, Inc. has a 12 month low of $18.86 and a 12 month high of $35.11. The stock has a market cap of $254.00 million, a price-to-earnings ratio of 25.89 and a beta of 0.91. The company’s 50 day moving average is $23.28 and its two-hundred day moving average is $23.35.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.10). Vishay Precision Group had a net margin of 3.23% and a return on equity of 3.87%. As a group, research analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current year.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.