Texas Permanent School Fund Acquires 393 Shares of Vicor Co. (NASDAQ:VICR)

Texas Permanent School Fund boosted its position in shares of Vicor Co. (NASDAQ:VICRGet Rating) by 2.6% during the second quarter, Holdings Channel.com reports. The fund owned 15,598 shares of the electronics maker’s stock after acquiring an additional 393 shares during the quarter. Texas Permanent School Fund’s holdings in Vicor were worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its stake in Vicor by 109.3% during the 1st quarter. Captrust Financial Advisors now owns 898 shares of the electronics maker’s stock worth $63,000 after acquiring an additional 469 shares during the period. Covestor Ltd raised its stake in Vicor by 132.4% during the 1st quarter. Covestor Ltd now owns 960 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 547 shares during the period. Commonwealth Equity Services LLC raised its stake in Vicor by 36.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,487 shares of the electronics maker’s stock worth $246,000 after acquiring an additional 928 shares during the period. Raymond James & Associates bought a new stake in Vicor during the 1st quarter worth approximately $253,000. Finally, Advisors Asset Management Inc. raised its stake in Vicor by 44.1% during the 1st quarter. Advisors Asset Management Inc. now owns 3,842 shares of the electronics maker’s stock worth $271,000 after acquiring an additional 1,176 shares during the period. Institutional investors own 42.46% of the company’s stock.

Vicor Stock Performance

VICR stock opened at $53.47 on Monday. The firm has a fifty day moving average price of $55.14 and a 200 day moving average price of $61.08. Vicor Co. has a fifty-two week low of $42.90 and a fifty-two week high of $163.50. The firm has a market cap of $2.36 billion, a PE ratio of 73.25 and a beta of 1.04.

Analyst Upgrades and Downgrades

VICR has been the topic of a number of recent analyst reports. Needham & Company LLC decreased their target price on shares of Vicor from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, October 11th. CJS Securities upgraded shares of Vicor from a “market perform” rating to an “outperform” rating and set a $63.00 price objective on the stock in a research report on Wednesday, October 26th. StockNews.com cut shares of Vicor from a “hold” rating to a “sell” rating in a research report on Monday, November 14th. Finally, Craig Hallum reduced their price objective on shares of Vicor from $100.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, October 21st. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $66.00.

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.

Read More

Want to see what other hedge funds are holding VICR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vicor Co. (NASDAQ:VICRGet Rating).

Institutional Ownership by Quarter for Vicor (NASDAQ:VICR)

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