Annex Advisory Services LLC Purchases 1,945 Shares of Vishay Precision Group, Inc. (NYSE:VPG)

Annex Advisory Services LLC increased its position in Vishay Precision Group, Inc. (NYSE:VPG) by 14.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,230 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,945 shares during the quarter. Annex Advisory Services LLC owned about 0.11% of Vishay Precision Group worth $464,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of VPG. Acadian Asset Management LLC increased its holdings in shares of Vishay Precision Group by 20.9% during the 1st quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company’s stock worth $6,627,000 after purchasing an additional 32,484 shares during the period. Wellington Management Group LLP increased its holdings in shares of Vishay Precision Group by 13.5% during the 4th quarter. Wellington Management Group LLP now owns 508,007 shares of the scientific and technical instruments company’s stock worth $17,308,000 after purchasing an additional 60,509 shares during the period. Vanguard Group Inc. increased its holdings in shares of Vishay Precision Group by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 624,770 shares of the scientific and technical instruments company’s stock worth $20,980,000 after purchasing an additional 7,682 shares during the period. New York State Teachers Retirement System bought a new position in shares of Vishay Precision Group during the 4th quarter worth about $34,000. Finally, SG Americas Securities LLC increased its holdings in shares of Vishay Precision Group by 45.7% during the 4th quarter. SG Americas Securities LLC now owns 4,582 shares of the scientific and technical instruments company’s stock worth $156,000 after purchasing an additional 1,437 shares during the period. Institutional investors own 87.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. B. Riley dropped their price objective on shares of Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a report on Wednesday. StockNews.com cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research note on Wednesday.

Vishay Precision Group Stock Down 1.6 %

NYSE:VPG traded down $0.45 on Friday, reaching $26.95. The stock had a trading volume of 76,718 shares, compared to its average volume of 59,124. The company has a market capitalization of $359.89 million, a P/E ratio of 14.89 and a beta of 1.22. Vishay Precision Group, Inc. has a 1-year low of $26.61 and a 1-year high of $36.93. The stock has a fifty day moving average price of $31.54 and a 200-day moving average price of $32.82.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). The firm had revenue of $77.36 million during the quarter, compared to analyst estimates of $78.57 million. Vishay Precision Group had a net margin of 6.30% and a return on equity of 7.48%. During the same quarter last year, the firm earned $0.58 earnings per share. Sell-side analysts predict that Vishay Precision Group, Inc. will post 1.33 earnings per share for the current fiscal year.

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.