Barclays PLC Raises Position in Vicor Co. (NASDAQ:VICR)

Barclays PLC lifted its stake in shares of Vicor Co. (NASDAQ:VICR) by 19.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,432 shares of the electronics maker’s stock after purchasing an additional 2,850 shares during the period. Barclays PLC’s holdings in Vicor were worth $940,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Victory Capital Management Inc. increased its stake in shares of Vicor by 2.1% during the 2nd quarter. Victory Capital Management Inc. now owns 6,838 shares of the electronics maker’s stock worth $369,000 after purchasing an additional 140 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Vicor by 2.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 8,352 shares of the electronics maker’s stock worth $457,000 after purchasing an additional 212 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Vicor by 0.5% during the 4th quarter. Alliancebernstein L.P. now owns 46,278 shares of the electronics maker’s stock worth $2,487,000 after purchasing an additional 220 shares during the last quarter. Royal Bank of Canada grew its stake in Vicor by 51.8% in the 3rd quarter. Royal Bank of Canada now owns 894 shares of the electronics maker’s stock valued at $53,000 after buying an additional 305 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in Vicor by 31.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,411 shares of the electronics maker’s stock valued at $76,000 after buying an additional 334 shares in the last quarter. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Vicor Price Performance

Shares of NASDAQ:VICR opened at $40.05 on Tuesday. The firm has a fifty day moving average price of $50.01 and a two-hundred day moving average price of $57.34. Vicor Co. has a one year low of $35.48 and a one year high of $98.38. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 33.94 and a beta of 1.43.

Vicor (NASDAQ:VICR) last announced its quarterly earnings results on Tuesday, October 24th. The electronics maker reported $0.37 EPS for the quarter. Vicor had a net margin of 12.68% and a return on equity of 10.73%. The firm had revenue of $107.84 million during the quarter.

Analyst Ratings Changes

A number of research analysts recently weighed in on VICR shares. Needham & Company LLC lowered shares of Vicor from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Craig Hallum upgraded shares of Vicor from a “hold” rating to a “buy” rating and lifted their price objective for the company from $60.00 to $80.00 in a research note on Wednesday, July 26th. Finally, StockNews.com started coverage on shares of Vicor in a research note on Thursday, October 5th. They issued a “hold” rating for the company.

About Vicor

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 and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.