Azarias Capital Management L.P. Takes $5.14 Million Position in Vishay Precision Group, Inc. (NYSE:VPG)

Azarias Capital Management L.P. purchased a new position in shares of Vishay Precision Group, Inc. (NYSE:VPG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 219,074 shares of the scientific and technical instruments company’s stock, valued at approximately $5,142,000. Vishay Precision Group comprises approximately 2.3% of Azarias Capital Management L.P.’s investment portfolio, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VPG. Lord Abbett & CO. LLC purchased a new stake in shares of Vishay Precision Group during the 3rd quarter valued at $1,014,000. FMR LLC grew its position 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 buying an additional 271,974 shares during the period. JPMorgan Chase & Co. increased its holdings 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 worth $9,281,000 after buying an additional 331,547 shares during the last quarter. Barclays PLC raised its position in Vishay Precision Group by 71.7% in the third quarter. Barclays PLC now owns 34,422 shares of the scientific and technical instruments company’s stock worth $890,000 after acquiring an additional 14,376 shares during the period. Finally, State Street Corp raised its position in Vishay Precision Group by 3.2% in the third quarter. State Street Corp now owns 313,083 shares of the scientific and technical instruments company’s stock worth $8,109,000 after acquiring an additional 9,660 shares during the period. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Stock Performance

Shares of VPG opened at $23.00 on Thursday. Vishay Precision Group, Inc. has a 1 year low of $20.83 and a 1 year high of $35.98. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.41 and a quick ratio of 2.80. The stock’s fifty day moving average price is $23.34 and its two-hundred day moving average price is $24.51. The firm has a market cap of $304.52 million, a PE ratio of 23.23 and a beta of 1.15.

Vishay Precision Group (NYSE:VPG) last posted 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 return on equity of 6.24% and a net margin of 4.13%. On average, equities research analysts forecast that Vishay Precision Group, Inc. will post 1.06 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Vishay Precision Group Company Profile

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.