Hunter Associates Investment Management LLC Has $3.03 Million Holdings in Vishay Precision Group, Inc. $VPG

Hunter Associates Investment Management LLC raised its stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 9.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 69,763 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,175 shares during the period. Hunter Associates Investment Management LLC owned approximately 0.52% of Vishay Precision Group worth $3,032,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd bought a new position in shares of Vishay Precision Group in the first quarter valued at approximately $1,072,000. Strs Ohio bought a new stake in Vishay Precision Group during the first quarter worth $39,000. Grand Central Investment Group raised its position in Vishay Precision Group by 9.7% in the 1st quarter. Grand Central Investment Group now owns 52,196 shares of the scientific and technical instruments company’s stock valued at $2,266,000 after buying an additional 4,636 shares during the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in Vishay Precision Group in the 4th quarter valued at $9,732,000. Finally, Connective Capital Management LLC bought a new position in Vishay Precision Group during the 4th quarter valued at $458,000. 87.61% of the stock is owned by hedge funds and other institutional investors.

Vishay Precision Group Stock Up 0.2%

VPG stock opened at $121.87 on Friday. The stock has a market cap of $1.62 billion, a P/E ratio of 270.83, a P/E/G ratio of 6.24 and a beta of 1.43. The company has a current ratio of 4.47, a quick ratio of 2.97 and a debt-to-equity ratio of 0.06. The stock’s fifty day simple moving average is $110.54 and its two-hundred day simple moving average is $67.90. Vishay Precision Group, Inc. has a 1-year low of $25.58 and a 1-year high of $151.78.

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on VPG. Lake Street Capital lifted their price objective on shares of Vishay Precision Group from $54.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wall Street Zen upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Zacks Research raised shares of Vishay Precision Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Weiss Ratings upgraded shares of Vishay Precision Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 23rd. Finally, B. Riley Financial upped their price objective on shares of Vishay Precision Group from $63.00 to $109.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $83.67.

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.