B. Riley Asset Management LLC Invests $7.24 Million in Vishay Precision Group, Inc. (NYSE:VPG)

B. Riley Asset Management LLC acquired a new position in shares of Vishay Precision Group, Inc. (NYSE:VPGGet Rating) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 195,000 shares of the scientific and technical instruments company’s stock, valued at approximately $7,238,000. Vishay Precision Group makes up 3.1% of B. Riley Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. B. Riley Asset Management LLC owned 1.43% of Vishay Precision Group at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Arbitrage SA raised its stake in shares of Vishay Precision Group by 18.8% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 3,469 shares of the scientific and technical instruments company’s stock worth $121,000 after purchasing an additional 549 shares in the last quarter. Citigroup Inc. raised its stake in Vishay Precision Group by 129.9% in the 4th quarter. Citigroup Inc. now owns 3,918 shares of the scientific and technical instruments company’s stock valued at $145,000 after acquiring an additional 2,214 shares during the period. Martingale Asset Management L P bought a new stake in Vishay Precision Group in the 3rd quarter valued at $251,000. Allspring Global Investments Holdings LLC bought a new stake in Vishay Precision Group in the 4th quarter valued at $262,000. Finally, SG Americas Securities LLC bought a new stake in Vishay Precision Group in the 3rd quarter valued at $274,000. Institutional investors own 76.94% of the company’s stock.

In other Vishay Precision Group news, Director Wes Cummins bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 23rd. The stock was acquired at an average price of $32.02 per share, with a total value of $480,300.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 6.78% of the stock is owned by company insiders.

VPG has been the topic of a number of research reports. Sidoti decreased their price objective on Vishay Precision Group from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, March 4th. StockNews.com raised Vishay Precision Group from a “buy” rating to a “strong-buy” rating in a report on Monday, April 25th.

Vishay Precision Group stock traded up $1.70 during trading hours on Friday, hitting $31.19. The stock had a trading volume of 77,922 shares, compared to its average volume of 35,144. The company has a quick ratio of 2.45, a current ratio of 4.01 and a debt-to-equity ratio of 0.22. The stock has a market cap of $425.43 million, a price-to-earnings ratio of 19.74 and a beta of 1.36. Vishay Precision Group, Inc. has a one year low of $28.32 and a one year high of $39.71. The business’s 50 day simple moving average is $31.81 and its 200-day simple moving average is $33.44.

Vishay Precision Group (NYSE:VPGGet Rating) last posted its earnings results on Monday, May 9th. The scientific and technical instruments company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.43 by $0.06. Vishay Precision Group had a return on equity of 10.55% and a net margin of 6.45%. During the same period in the prior year, the firm earned $0.31 earnings per share.

Vishay Precision Group Profile (Get Rating)

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.

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

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