Vishay Precision Group (NYSE:VPG) Stock Rating Upgraded by StockNews.com

Vishay Precision Group (NYSE:VPG) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.

Separately, B. Riley raised Vishay Precision Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $24.50 to $28.50 in a report on Thursday, February 13th.

Vishay Precision Group Stock Performance

VPG stock traded up $0.39 during midday trading on Friday, hitting $22.91. 173,388 shares of the stock traded hands, compared to its average volume of 75,117. The stock’s fifty day simple moving average is $23.34 and its 200-day simple moving average is $23.53. The firm has a market cap of $303.72 million, a P/E ratio of 30.96 and a beta of 1.08. Vishay Precision Group has a 1-year low of $20.83 and a 1-year high of $35.52. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80.

Vishay Precision Group (NYSE:VPG) last posted 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 net margin of 3.23% and a return on equity of 3.87%. On average, analysts expect that Vishay Precision Group will post 0.9 earnings per share for the current year.

Institutional Trading of Vishay Precision Group

Several institutional investors have recently bought and sold shares of VPG. Tidal Investments LLC boosted its stake in shares of Vishay Precision Group by 4.6% in the third quarter. Tidal Investments LLC now owns 11,633 shares of the scientific and technical instruments company’s stock worth $301,000 after acquiring an additional 514 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Vishay Precision Group by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 34,912 shares of the scientific and technical instruments company’s stock worth $904,000 after acquiring an additional 972 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Vishay Precision Group by 77.9% in the fourth quarter. Quantbot Technologies LP now owns 3,515 shares of the scientific and technical instruments company’s stock worth $82,000 after acquiring an additional 1,539 shares during the last quarter. EntryPoint Capital LLC boosted its stake in shares of Vishay Precision Group by 22.0% in the fourth quarter. EntryPoint Capital LLC now owns 9,596 shares of the scientific and technical instruments company’s stock worth $225,000 after acquiring an additional 1,730 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Vishay Precision Group by 2.5% in the third quarter. Victory Capital Management Inc. now owns 72,248 shares of the scientific and technical instruments company’s stock worth $1,871,000 after acquiring an additional 1,743 shares during the last quarter. 87.61% of the stock is owned by institutional investors and hedge funds.

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.