Bridge City Capital LLC Sells 964 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Bridge City Capital LLC trimmed its position in Vishay Precision Group, Inc. (NYSE:VPG) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,460 shares of the scientific and technical instruments company’s stock after selling 964 shares during the quarter. Bridge City Capital LLC owned about 0.66% of Vishay Precision Group worth $2,053,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VPG. Lord Abbett & CO. LLC purchased a new stake in shares of Vishay Precision Group during the 3rd quarter worth approximately $1,014,000. FMR LLC raised its stake in Vishay Precision Group by 51.3% during 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. JPMorgan Chase & Co. lifted its position in Vishay Precision Group by 1,238.1% during 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 during the last quarter. Barclays PLC grew its stake in shares of Vishay Precision Group by 71.7% in the 3rd quarter. Barclays PLC now owns 34,422 shares of the scientific and technical instruments company’s stock worth $890,000 after buying an additional 14,376 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Vishay Precision Group by 3.2% in the 3rd quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company’s stock worth $8,109,000 after buying an additional 9,660 shares during the last quarter. 87.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on VPG shares. StockNews.com upgraded 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 boosted their target price for the company from $24.50 to $28.50 in a research report on Thursday, February 13th.

Vishay Precision Group Price Performance

Shares of VPG stock opened at $22.91 on Friday. The stock has a 50 day moving average price of $23.34 and a 200 day moving average price of $23.51. Vishay Precision Group, Inc. has a 52-week low of $20.83 and a 52-week high of $35.52. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The firm has a market capitalization of $303.72 million, a P/E ratio of 30.96 and a beta of 1.08.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.10). Vishay Precision Group had a return on equity of 3.87% and a net margin of 3.23%. As a group, sell-side analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current 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.