Bridge City Capital LLC Decreases Holdings in Vishay Precision Group, Inc. $VPG

Bridge City Capital LLC trimmed its position in Vishay Precision Group, Inc. (NYSE:VPG) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,887 shares of the scientific and technical instruments company’s stock after selling 9,414 shares during the period. Bridge City Capital LLC owned approximately 0.60% of Vishay Precision Group worth $3,076,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in Vishay Precision Group by 6.3% in the fourth quarter. LPL Financial LLC now owns 7,522 shares of the scientific and technical instruments company’s stock valued at $290,000 after acquiring an additional 448 shares in the last quarter. UBS Group AG boosted its stake in Vishay Precision Group by 0.8% in the third quarter. UBS Group AG now owns 67,724 shares of the scientific and technical instruments company’s stock valued at $2,171,000 after acquiring an additional 523 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Vishay Precision Group by 1,180.0% in the fourth quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 944 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Vishay Precision Group by 826.7% in the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 992 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Vishay Precision Group by 85.7% in the third quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock valued at $75,000 after buying an additional 1,076 shares during the last quarter. 87.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on VPG shares. Lake Street Capital raised their price target on Vishay Precision Group from $54.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Zacks Research raised Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Wall Street Zen raised Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings downgraded Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 28th. Finally, B. Riley Financial raised their price target on Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Vishay Precision Group presently has an average rating of “Moderate Buy” and an average price target of $83.67.

Vishay Precision Group Price Performance

Shares of NYSE VPG opened at $139.65 on Friday. Vishay Precision Group, Inc. has a fifty-two week low of $25.49 and a fifty-two week high of $145.03. The company has a market cap of $1.86 billion, a PE ratio of 310.34, a P/E/G ratio of 7.15 and a beta of 1.46. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.97 and a current ratio of 4.47. The business has a 50-day simple moving average of $84.60 and a two-hundred day simple moving average of $57.34.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 12th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter. Vishay Precision Group had a return on equity of 2.28% and a net margin of 1.85%.The firm had revenue of $84.35 million during the quarter, compared to analysts’ expectations of $77.08 million. As a group, equities analysts expect that Vishay Precision Group, Inc. will post 0.97 EPS for the current fiscal year.

Vishay Precision Group Company Profile

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.