Tieton Capital Management LLC Acquires 90,655 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Tieton Capital Management LLC lifted its position in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 59.6% in the fourth quarter, HoldingsChannel reports. The fund owned 242,811 shares of the scientific and technical instruments company’s stock after buying an additional 90,655 shares during the period. Vishay Precision Group accounts for approximately 2.3% of Tieton Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Tieton Capital Management LLC’s holdings in Vishay Precision Group were worth $5,699,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in Vishay Precision Group by 1,238.1% in the third quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock valued at $9,281,000 after purchasing an additional 331,547 shares in the last quarter. FMR LLC grew its stake in Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock valued at $20,778,000 after purchasing an additional 271,974 shares in the last quarter. Azarias Capital Management L.P. bought a new position in Vishay Precision Group in the fourth quarter valued at approximately $5,142,000. First Eagle Investment Management LLC bought a new position in Vishay Precision Group in the fourth quarter valued at approximately $1,842,000. Finally, Lord Abbett & CO. LLC bought a new position in Vishay Precision Group in the third quarter valued at approximately $1,014,000. Institutional investors and hedge funds own 87.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. StockNews.com raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Friday. B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Stock Up 1.7 %

Shares of VPG opened at $22.91 on Monday. The stock has a fifty day moving average of $23.34 and a 200-day moving average of $23.49. Vishay Precision Group, Inc. has a 52 week low of $20.83 and a 52 week high of $35.52. The stock has a market capitalization of $303.72 million, a price-to-earnings ratio of 30.96 and a beta of 1.08. 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 (NYSE:VPG) last posted its quarterly earnings data on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates 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, sell-side analysts anticipate that Vishay Precision Group, Inc. will post 0.9 earnings per share 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.