Vishay Precision Group, Inc. (NYSE:VPG) Shares Bought by Roubaix Capital LLC

Roubaix Capital LLC grew its holdings in shares of Vishay Precision Group, Inc. (NYSE:VPG) by 40.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,335 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,870 shares during the period. Roubaix Capital LLC owned approximately 0.55% of Vishay Precision Group worth $1,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Acadian Asset Management LLC increased its stake in 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 valued at $6,627,000 after buying an additional 32,484 shares during the period. Annex Advisory Services LLC increased its stake in shares of Vishay Precision Group by 14.6% during the second quarter. Annex Advisory Services LLC now owns 15,230 shares of the scientific and technical instruments company’s stock valued at $464,000 after acquiring an additional 1,945 shares during the period. State Board of Administration of Florida Retirement System acquired a new position in shares of Vishay Precision Group during the first quarter valued at approximately $314,000. Price T Rowe Associates Inc. MD raised its holdings in Vishay Precision Group by 3.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 20,102 shares of the scientific and technical instruments company’s stock worth $711,000 after purchasing an additional 598 shares in the last quarter. Finally, Divisar Capital Management LLC lifted its position in Vishay Precision Group by 2.2% in the second quarter. Divisar Capital Management LLC now owns 176,001 shares of the scientific and technical instruments company’s stock worth $5,357,000 after purchasing an additional 3,726 shares during the period. 87.61% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VPG. B. Riley dropped their price objective on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. StockNews.com upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 3rd.

Vishay Precision Group Stock Performance

Vishay Precision Group stock opened at $23.92 on Thursday. The firm has a market cap of $317.06 million, a price-to-earnings ratio of 15.43 and a beta of 1.16. Vishay Precision Group, Inc. has a 1 year low of $22.79 and a 1 year high of $35.98. The firm’s 50 day moving average price is $25.01 and its two-hundred day moving average price is $29.38.

Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, August 6th. The scientific and technical instruments company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.01). Vishay Precision Group had a return on equity of 7.49% and a net margin of 6.30%. The company had revenue of $77.36 million during the quarter, compared to analyst estimates of $78.57 million. During the same quarter in the previous year, the firm earned $0.58 earnings per share. As a group, equities analysts predict that Vishay Precision Group, Inc. will post 1.11 EPS for the current fiscal year.

Vishay Precision Group 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.