Globeflex Capital L P acquired a new stake in Vishay Precision Group Inc (NYSE:VPG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,240 shares of the scientific and technical instruments company’s stock, valued at approximately $68,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quantamental Technologies LLC acquired a new position in Vishay Precision Group in the fourth quarter valued at approximately $28,000. Meeder Asset Management Inc. lifted its holdings in Vishay Precision Group by 76.3% in the fourth quarter. Meeder Asset Management Inc. now owns 1,740 shares of the scientific and technical instruments company’s stock valued at $54,000 after acquiring an additional 753 shares during the last quarter. Citigroup Inc. lifted its holdings in Vishay Precision Group by 18.9% in the fourth quarter. Citigroup Inc. now owns 3,215 shares of the scientific and technical instruments company’s stock valued at $97,000 after acquiring an additional 511 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in Vishay Precision Group by 365.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,679 shares of the scientific and technical instruments company’s stock valued at $111,000 after acquiring an additional 2,888 shares during the last quarter. Finally, Barclays PLC lifted its holdings in Vishay Precision Group by 7.6% in the fourth quarter. Barclays PLC now owns 4,424 shares of the scientific and technical instruments company’s stock valued at $133,000 after acquiring an additional 312 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.
NYSE:VPG opened at $34.40 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.79 and a current ratio of 3.92. Vishay Precision Group Inc has a 52 week low of $26.34 and a 52 week high of $45.00. The firm has a market cap of $482.27 million, a price-to-earnings ratio of 16.78, a PEG ratio of 0.82 and a beta of 0.99.
Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Wednesday, February 20th. The scientific and technical instruments company reported $0.54 EPS for the quarter, hitting analysts’ consensus estimates of $0.54. Vishay Precision Group had a return on equity of 13.20% and a net margin of 7.89%. The company had revenue of $77.00 million for the quarter, compared to analysts’ expectations of $75.94 million. During the same period in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, analysts anticipate that Vishay Precision Group Inc will post 2.18 EPS for the current fiscal year.
Separately, ValuEngine upgraded Vishay Precision Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
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Vishay Precision Group Profile
Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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