Vishay Precision Group (NYSE:VPG) hit a new 52-week high and low on Monday . The company traded as low as $36.35 and last traded at $35.75, with a volume of 1861 shares. The stock had previously closed at $35.70.
A number of equities research analysts have weighed in on the stock. Sidoti cut shares of Vishay Precision Group from a “buy” rating to a “neutral” rating in a report on Friday, March 9th. ValuEngine upgraded shares of Vishay Precision Group from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, B. Riley upped their price objective on shares of Vishay Precision Group from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd.
The company has a market capitalization of $472.49 million, a PE ratio of 31.10, a P/E/G ratio of 1.14 and a beta of 0.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.65 and a current ratio of 3.82.
In other news, Director Marc Zandman sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The shares were sold at an average price of $35.61, for a total value of $534,150.00. Following the transaction, the director now owns 15,992 shares in the company, valued at $569,475.12. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 6.49% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of VPG. SG Americas Securities LLC bought a new position in shares of Vishay Precision Group in the fourth quarter worth approximately $131,000. MetLife Investment Advisors LLC bought a new position in shares of Vishay Precision Group in the fourth quarter worth approximately $132,000. Tower Research Capital LLC TRC lifted its stake in shares of Vishay Precision Group by 1,650.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,965 shares of the scientific and technical instruments company’s stock worth $175,000 after buying an additional 6,567 shares in the last quarter. Victory Capital Management Inc. bought a new position in shares of Vishay Precision Group in the first quarter worth approximately $219,000. Finally, Element Capital Management LLC bought a new position in Vishay Precision Group during the first quarter valued at approximately $239,000. Hedge funds and other institutional investors own 79.25% of the company’s stock.
Vishay Precision Group Company Profile
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.
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