Vishay Precision Group, Inc. (NYSE:VPG) Short Interest Update

Vishay Precision Group, Inc. (NYSE:VPG) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 147,000 shares, a decline of 17.2% from the October 15th total of 177,500 shares. Based on an average trading volume of 76,400 shares, the short-interest ratio is presently 1.9 days. Approximately 1.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC boosted its holdings in Vishay Precision Group by 51.3% in the third quarter. FMR LLC now owns 802,256 shares of the scientific and technical instruments company’s stock worth $20,778,000 after acquiring an additional 271,974 shares in the last quarter. Tieton Capital Management LLC increased its stake in Vishay Precision Group by 228.8% during the 3rd quarter. Tieton Capital Management LLC now owns 152,156 shares of the scientific and technical instruments company’s stock valued at $3,941,000 after purchasing an additional 105,885 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Vishay Precision Group by 47.7% in the second quarter. American Century Companies Inc. now owns 192,661 shares of the scientific and technical instruments company’s stock worth $5,865,000 after buying an additional 62,186 shares during the last quarter. Needham Investment Management LLC lifted its stake in shares of Vishay Precision Group by 5.9% during the third quarter. Needham Investment Management LLC now owns 677,500 shares of the scientific and technical instruments company’s stock worth $17,547,000 after buying an additional 37,500 shares during the period. Finally, Acadian Asset Management LLC lifted its stake in shares of Vishay Precision Group by 20.9% during the first quarter. Acadian Asset Management LLC now owns 187,656 shares of the scientific and technical instruments company’s stock worth $6,627,000 after buying an additional 32,484 shares during the period. Hedge funds and other institutional investors own 87.61% of the company’s stock.

Vishay Precision Group Trading Down 1.0 %

VPG traded down $0.22 on Friday, hitting $21.43. 72,869 shares of the company were exchanged, compared to its average volume of 101,357. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.80 and a current ratio of 4.41. The firm has a fifty day simple moving average of $23.84 and a two-hundred day simple moving average of $28.47. The stock has a market capitalization of $284.16 million, a PE ratio of 21.65 and a beta of 1.17. Vishay Precision Group has a 12 month low of $21.11 and a 12 month high of $35.98.

Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, November 5th. The scientific and technical instruments company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $75.73 million during the quarter, compared to analysts’ expectations of $73.47 million. Vishay Precision Group had a return on equity of 6.24% and a net margin of 4.13%. During the same quarter in the previous year, the business earned $0.47 EPS. Sell-side analysts expect that Vishay Precision Group will post 1.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VPG has been the topic of several recent research reports. B. Riley reduced their price objective on Vishay Precision Group from $36.00 to $31.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. StockNews.com cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th.

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.