Renaissance Technologies LLC Sells 21,100 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Renaissance Technologies LLC trimmed its holdings in Vishay Precision Group, Inc. (NYSE:VPG) by 3.8% in the 4th quarter, Holdings Channel reports. The fund owned 537,073 shares of the scientific and technical instruments company’s stock after selling 21,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Vishay Precision Group were worth $12,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in Vishay Precision Group by 1,238.1% in 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 purchasing an additional 331,547 shares during the period. Azarias Capital Management L.P. bought a new stake in shares of Vishay Precision Group in the fourth quarter valued at about $5,142,000. Arrowstreet Capital Limited Partnership grew its position in Vishay Precision Group by 172.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 186,752 shares of the scientific and technical instruments company’s stock worth $4,383,000 after buying an additional 118,153 shares in the last quarter. Tieton Capital Management LLC increased its stake in Vishay Precision Group by 59.6% during the fourth quarter. Tieton Capital Management LLC now owns 242,811 shares of the scientific and technical instruments company’s stock valued at $5,699,000 after acquiring an additional 90,655 shares during the period. Finally, First Eagle Investment Management LLC acquired a new position in Vishay Precision Group in the 4th quarter valued at approximately $1,842,000. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Stock Down 0.5 %

Shares of VPG opened at $20.31 on Wednesday. The company has a quick ratio of 2.80, a current ratio of 4.41 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $22.94 and a two-hundred day moving average price of $23.20. The stock has a market cap of $269.18 million, a price-to-earnings ratio of 27.44 and a beta of 0.91. Vishay Precision Group, Inc. has a 12 month low of $18.57 and a 12 month high of $35.11.

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 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%. Equities analysts predict that Vishay Precision Group, Inc. will post 0.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. B. Riley upgraded Vishay Precision Group from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.50 to $28.50 in a research report on Thursday, February 13th. StockNews.com lowered shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Saturday, March 29th.

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.