Victory Capital Management Inc. Has $1.87 Million Stock Holdings in Vishay Precision Group, Inc. (NYSE:VPG)

Victory Capital Management Inc. increased its stake in Vishay Precision Group, Inc. (NYSE:VPG) by 2.5% in the third quarter, Holdings Channel.com reports. The firm owned 72,248 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,743 shares during the quarter. Victory Capital Management Inc.’s holdings in Vishay Precision Group were worth $1,871,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Annex Advisory Services LLC lifted its stake in shares of Vishay Precision Group by 14.6% during the 2nd quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company’s stock worth $464,000 after buying an additional 1,945 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new position in Vishay Precision Group in the 1st quarter valued at approximately $314,000. Price T Rowe Associates Inc. MD raised its position in shares of 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 acquiring an additional 598 shares during the last quarter. Acadian Asset Management LLC boosted its position in Vishay Precision Group by 6.1% during the second quarter. Acadian Asset Management LLC now owns 199,094 shares of the scientific and technical instruments company’s stock valued at $6,059,000 after acquiring an additional 11,438 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Vishay Precision Group during the 3rd quarter worth approximately $146,000. 87.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Vishay Precision Group Trading Up 1.9 %

NYSE VPG opened at $22.09 on Monday. Vishay Precision Group, Inc. has a 12 month low of $20.83 and a 12 month high of $35.98. The stock’s fifty day moving average price is $23.58 and its 200-day moving average price is $27.99. The stock has a market cap of $292.45 million, a P/E ratio of 22.31 and a beta of 1.17. 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 (NYSE:VPG) last released its earnings results on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $75.73 million for the quarter, compared to the consensus estimate of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same period in the previous year, the business earned $0.47 earnings per share. As a group, equities analysts forecast that Vishay Precision Group, Inc. will post 1.06 EPS for the current fiscal year.

About Vishay Precision Group

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.