Vishay Precision Group Inc (NYSE:VPG) Shares Bought by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA grew its stake in shares of Vishay Precision Group Inc (NYSE:VPG) by 76.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,243 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,400 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Vishay Precision Group were worth $65,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. Citigroup Inc. raised its holdings in Vishay Precision Group by 40.1% during the first quarter. Citigroup Inc. now owns 3,014 shares of the scientific and technical instruments company’s stock worth $61,000 after purchasing an additional 863 shares in the last quarter. Bridge City Capital LLC increased its holdings in shares of Vishay Precision Group by 64.2% in the 1st quarter. Bridge City Capital LLC now owns 72,236 shares of the scientific and technical instruments company’s stock valued at $1,450,000 after acquiring an additional 28,240 shares during the period. State Street Corp increased its holdings in shares of Vishay Precision Group by 20.7% in the 1st quarter. State Street Corp now owns 270,019 shares of the scientific and technical instruments company’s stock valued at $5,422,000 after acquiring an additional 46,328 shares during the period. WINTON GROUP Ltd increased its holdings in shares of Vishay Precision Group by 68.1% in the 1st quarter. WINTON GROUP Ltd now owns 13,265 shares of the scientific and technical instruments company’s stock valued at $266,000 after acquiring an additional 5,373 shares during the period. Finally, Aigen Investment Management LP increased its holdings in shares of Vishay Precision Group by 3,634.5% in the 1st quarter. Aigen Investment Management LP now owns 3,137 shares of the scientific and technical instruments company’s stock valued at $63,000 after acquiring an additional 3,053 shares during the period. 80.78% of the stock is currently owned by institutional investors.

A number of brokerages have recently commented on VPG. ValuEngine cut shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 1st. B. Riley cut their target price on shares of Vishay Precision Group from $42.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, May 1st.

In other news, Director Wes Cummins acquired 100,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were bought at an average cost of $23.64 per share, with a total value of $2,364,000.00. Also, major shareholder Nokomis Capital, L.L.C. sold 650,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $23.50, for a total transaction of $15,275,000.00. The disclosure for this sale can be found here. Insiders own 6.12% of the company’s stock.

Shares of Vishay Precision Group stock opened at $23.44 on Wednesday. The firm’s fifty day simple moving average is $23.03 and its 200-day simple moving average is $26.95. The stock has a market capitalization of $301.38 million, a price-to-earnings ratio of 18.60 and a beta of 1.44. Vishay Precision Group Inc has a 12 month low of $16.56 and a 12 month high of $41.90. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.43 and a quick ratio of 3.08.

Vishay Precision Group (NYSE:VPG) last announced its quarterly earnings data on Tuesday, May 5th. The scientific and technical instruments company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.15. The company had revenue of $67.70 million for the quarter, compared to analysts’ expectations of $61.00 million. Vishay Precision Group had a net margin of 6.27% and a return on equity of 7.88%. Analysts anticipate that Vishay Precision Group Inc will post 0.73 earnings per share for the current year.

Vishay Precision Group 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.

Featured Article: Accumulation/Distribution

Want to see what other hedge funds are holding VPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vishay Precision Group Inc (NYSE:VPG).

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

Receive News & Ratings for Vishay Precision Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vishay Precision Group and related companies with MarketBeat.com's FREE daily email newsletter.