Vishay Precision Group (VPG) downgraded by ValuEngine



ValuEngine shares shares of Vishay Precision Group (NYSE: VPG) from a strong buy-rating to a buy-rating in a study letter released on Wednesday 8 August.

Apart from that, B. Riley repeated a buy rating and published a price target of $ 53.00 (previously higher than $ 40.00) on Vishay Precision Group shares in a research report on Monday, August 6th.

Shares of Vishay Precision Group shares traded $ 0.25 during trading hours and raised $ 43.30. 36,738 shares of the company were traded compared to the average volume of 86,894. Vishay Precision Group has a price level of 1 year of $ 20.50 and a 1 year high of $ 45.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 2.79. The stock has a market capitalization of $ 585.45 million, a PE ratio of 37.98, a price-earnings ratio of 1.12 and a beta of 0.95.

Vishay Precision Group (NYSE: VPG) last published its quarterly results on Tuesday 7 August. The scientific and technical instruments company reported $ 0.57 EPS for the quarter on top of the Thomson Reuters consensus estimate of $ 0.44 with $ 0.13. Vishay Precision Group had a return on equity of 10.93% and a net margin of 7.66%. The company posted sales of $ 74.23 million in the quarter compared with analysts' expectations of $ 73.53 million. During the same quarter of the previous year, the company earned $ 0.29 earnings per share. stock research analysts anticipate that Vishay Precision Group will publish 1.94 EPS for the current year.

In other Vishay Precision Group news, director Saul Reibstein sold 5,000 shares of the company's shares in a transaction on Friday, August 17. The stock has been sold at an average price of $ 41.87, for a total value of $ 209,350.00. After the sale, the director now owns 13,863 shares of the company, valued at $ 580,443.81. The transaction was announced in a filing with the Securities & Exchange Commission, which is accessible via the SEC website. Director Bruce A. Lerner also sold 1125 shares of the company's shares in a transaction on Friday 10 August. The shares were sold at an average price of $ 43.63 for a total value of $ 49,083.75. After the completion of the sale, the director now holds 3,012 shares directly in the company, valued at approximately $ 131,413.56. The information for this sale can be found here. Insiders sold 32,276 shares of the company's shares in the last quarter, valued at $ 1,429,279. 6.49% of the shares are currently owned by insiders of companies.

Institutional investors have recently bought and sold shares of the company. Sawgrass Asset Management LLC acquired a new stake in Vishay Precision Group worth $ 221,000 in the second quarter. Northern Trust Corp. grew its participations in Vishay Precision Group by 3.2% in the first quarter. Northern Trust Corp. now holds 151,508 shares of the company's scientific and technical instruments valued at $ 4,719,000 after purchasing an additional 4,648 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Vishay Precision Group worth $ 5,366,000 in the second quarter. BlackRock Inc. In the fourth quarter, its shareholdings in Vishay Precision Group expanded by 2.2%. BlackRock Inc. now owns 876,345 company shares of the company's scientific and technical instruments with a value of $ 22,040,000 after the purchase of additional 19,135 shares during the last quarter. Finally, Sensato Investors LLC increased its shareholdings in Vishay Precision Group by 24.7% in the first quarter. Sensato Investors LLC now holds 57,221 company shares of the company's scientific and technical instruments valued at $ 1,782,000 after the purchase of an additional 11,329 shares in the last quarter. 80.09% of the shares are currently held by institutional investors.

About Vishay Precision Group

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

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To view the full ValuEngine report, visit the official website of ValuEngine.

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