Vishay Precision Group (NYSE:VPG) Upgraded at StockNews.com

StockNews.com upgraded shares of Vishay Precision Group (NYSE:VPG) from a hold rating to a buy rating in a research note published on Friday morning.

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

Vishay Precision Group Trading Up 1.7 %

Shares of NYSE VPG opened at $22.91 on Friday. Vishay Precision Group has a 1-year low of $20.83 and a 1-year high of $35.52. The company has a 50-day moving average of $23.34 and a two-hundred day moving average of $23.49. The company has a market cap of $303.72 million, a PE ratio of 30.96 and a beta of 1.08. The company has a current ratio of 4.41, a quick ratio of 2.80 and a debt-to-equity ratio of 0.09.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data 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 3.87% and a net margin of 3.23%. As a group, equities analysts expect that Vishay Precision Group will post 0.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vishay Precision Group

Several large investors have recently bought and sold shares of VPG. Quantbot Technologies LP acquired a new stake in Vishay Precision Group during the 3rd quarter worth $51,000. Quest Partners LLC acquired a new stake in shares of Vishay Precision Group during the third quarter worth $66,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Vishay Precision Group during the fourth quarter worth $184,000. Wells Fargo & Company MN increased its holdings in Vishay Precision Group by 32.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,067 shares of the scientific and technical instruments company’s stock valued at $189,000 after purchasing an additional 1,970 shares during the last quarter. Finally, EMC Capital Management lifted its stake in Vishay Precision Group by 577.8% in the fourth quarter. EMC Capital Management now owns 9,069 shares of the scientific and technical instruments company’s stock valued at $213,000 after buying an additional 7,731 shares during the period. 87.61% of the stock is currently 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.