Vishay Precision Group, Inc. (NYSE:VPG) Short Interest Down 17.2% in October

Vishay Precision Group, Inc. (NYSE:VPG) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 147,000 shares, a decline of 17.2% from the October 15th total of 177,500 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average trading volume of 76,400 shares, the short-interest ratio is currently 1.9 days.

Vishay Precision Group Stock Up 0.9 %

Shares of VPG opened at $21.65 on Friday. The company has a 50-day simple moving average of $23.91 and a 200-day simple moving average of $28.56. The firm has a market capitalization of $287.08 million, a P/E ratio of 21.87 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. Vishay Precision Group has a 52 week low of $21.11 and a 52 week high of $35.98.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. The business had revenue of $75.73 million for the quarter, compared to analysts’ expectations of $73.47 million. Vishay Precision Group had a net margin of 4.13% and a return on equity of 6.24%. During the same quarter in the previous year, the firm posted $0.47 earnings per share. On average, equities research analysts expect that Vishay Precision Group will post 1.06 earnings per share for the current year.

Institutional Trading of Vishay Precision Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System bought a new stake in Vishay Precision Group during the first quarter worth about $314,000. Acadian Asset Management LLC grew its stake in Vishay Precision Group by 20.9% during the first quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company’s stock worth $6,627,000 after buying an additional 32,484 shares during the last quarter. Roubaix Capital LLC grew its stake in Vishay Precision Group by 58.6% during the first quarter. Roubaix Capital LLC now owns 74,203 shares of the scientific and technical instruments company’s stock worth $2,622,000 after buying an additional 27,413 shares during the last quarter. EntryPoint Capital LLC grew its stake in Vishay Precision Group by 34.2% during the first quarter. EntryPoint Capital LLC now owns 4,111 shares of the scientific and technical instruments company’s stock worth $145,000 after buying an additional 1,048 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Vishay Precision Group by 3.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company’s stock worth $711,000 after buying an additional 598 shares during the last quarter. Institutional investors own 87.61% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on VPG shares. B. Riley cut their price objective on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. StockNews.com lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.

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.