Vishay Precision Group (VPG) Holdings Boosted by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. grew its holdings in shares of Vishay Precision Group (NYSE:VPG) by 217.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,992 shares of the scientific and technical instruments company’s stock after purchasing an additional 19,181 shares during the period. Goldman Sachs Group Inc. owned approximately 0.21% of Vishay Precision Group worth $704,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new position in Vishay Precision Group during the 4th quarter worth approximately $131,000. Tower Research Capital LLC TRC boosted its stake in shares of Vishay Precision Group by 1,650.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,965 shares of the scientific and technical instruments company’s stock worth $175,000 after acquiring an additional 6,567 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Vishay Precision Group during the 4th quarter worth approximately $275,000. Alambic Investment Management L.P. purchased a new stake in shares of Vishay Precision Group during the 4th quarter worth approximately $402,000. Finally, Bessemer Group Inc. boosted its stake in shares of Vishay Precision Group by 103.6% during the 4th quarter. Bessemer Group Inc. now owns 17,100 shares of the scientific and technical instruments company’s stock worth $430,000 after acquiring an additional 8,700 shares in the last quarter. Institutional investors own 81.94% of the company’s stock.

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Shares of NYSE:VPG opened at $28.80 on Wednesday. The company has a market cap of $394.08, a PE ratio of 25.26, a PEG ratio of 1.08 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.53 and a current ratio of 3.69. Vishay Precision Group has a 12 month low of $16.55 and a 12 month high of $33.45.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings results on Wednesday, February 21st. The scientific and technical instruments company reported $0.39 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.08. The business had revenue of $69.40 million for the quarter, compared to analyst estimates of $63.92 million. Vishay Precision Group had a return on equity of 8.31% and a net margin of 5.64%. The company’s quarterly revenue was up 24.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.26 EPS. analysts expect that Vishay Precision Group will post 1.37 EPS for the current fiscal year.

Several equities research analysts have recently commented on VPG shares. B. Riley boosted their price target on Vishay Precision Group from $31.00 to $34.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. ValuEngine raised Vishay Precision Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Finally, Sidoti lowered Vishay Precision Group from a “buy” rating to a “neutral” rating in a research note on Friday, March 9th.

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About Vishay Precision Group

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

Institutional Ownership by Quarter for Vishay Precision Group (NYSE:VPG)

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