78,500 Shares in Vishay Precision Group, Inc. (NYSE:VPG) Acquired by First Eagle Investment Management LLC

First Eagle Investment Management LLC bought a new stake in shares of Vishay Precision Group, Inc. (NYSE:VPG) in the 4th quarter, HoldingsChannel reports. The firm bought 78,500 shares of the scientific and technical instruments company’s stock, valued at approximately $1,842,000.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of Vishay Precision Group by 1,238.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 358,325 shares of the scientific and technical instruments company’s stock valued at $9,281,000 after acquiring an additional 331,547 shares during the last quarter. FMR LLC raised its position in shares of 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 worth $20,778,000 after purchasing an additional 271,974 shares during the period. Azarias Capital Management L.P. purchased a new stake in shares of Vishay Precision Group during the fourth quarter valued at $5,142,000. Tieton Capital Management LLC boosted its position in shares of Vishay Precision Group by 228.8% in the 3rd quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company’s stock valued at $3,941,000 after purchasing an additional 105,885 shares during the period. Finally, Lord Abbett & CO. LLC purchased a new position in Vishay Precision Group in the 3rd quarter worth about $1,014,000. 87.61% of the stock is currently owned by institutional investors.

Vishay Precision Group Stock Performance

Shares of VPG stock opened at $22.40 on Monday. The company has a market capitalization of $296.94 million, a price-to-earnings ratio of 30.27 and a beta of 1.08. Vishay Precision Group, Inc. has a 1-year low of $20.83 and a 1-year high of $35.52. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09. The stock’s fifty day simple moving average is $23.36 and its 200-day simple moving average is $23.65.

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

Analysts Set New Price Targets

A number of analysts have commented on VPG shares. StockNews.com lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st. B. Riley upgraded shares of Vishay Precision Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $24.50 to $28.50 in a research report on Thursday, February 13th.

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.