Vicor Co. (NASDAQ:VICR) Shares Acquired by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC increased its stake in Vicor Co. (NASDAQ:VICRGet Rating) by 16.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,852 shares of the electronics maker’s stock after purchasing an additional 670 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Vicor were worth $265,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VICR. Capital International Investors raised its position in Vicor by 355.6% in the first quarter. Capital International Investors now owns 1,251,736 shares of the electronics maker’s stock worth $88,310,000 after acquiring an additional 976,973 shares in the last quarter. Capital Research Global Investors raised its position in Vicor by 53.1% in the first quarter. Capital Research Global Investors now owns 1,625,517 shares of the electronics maker’s stock worth $114,680,000 after acquiring an additional 563,884 shares in the last quarter. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income bought a new stake in Vicor in the second quarter worth about $9,442,000. Scout Investments Inc. bought a new stake in Vicor in the second quarter worth about $6,830,000. Finally, LGT Group Foundation raised its position in Vicor by 288.7% in the first quarter. LGT Group Foundation now owns 136,023 shares of the electronics maker’s stock worth $9,795,000 after acquiring an additional 101,029 shares in the last quarter. 42.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on VICR shares. CJS Securities upgraded shares of Vicor from a “market perform” rating to an “outperform” rating and set a $63.00 price target on the stock in a research report on Wednesday, October 26th. Needham & Company LLC cut their price objective on Vicor from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, October 11th. StockNews.com upgraded Vicor from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Craig Hallum cut their price objective on Vicor from $100.00 to $70.00 and set a “buy” rating on the stock in a report on Friday, October 21st. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Vicor currently has a consensus rating of “Moderate Buy” and an average target price of $66.00.

Vicor Price Performance

Shares of VICR opened at $54.49 on Thursday. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 74.64 and a beta of 1.04. Vicor Co. has a fifty-two week low of $42.90 and a fifty-two week high of $153.42. The business’s 50-day moving average is $54.32 and its 200-day moving average is $60.88.

Vicor Company Profile

(Get Rating)

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories.

Further Reading

Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

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