Vicor (NASDAQ:VICR) Lifted to “Buy” at ValuEngine

Vicor (NASDAQ:VICR) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Monday, February 4th.

Several other research firms have also recently weighed in on VICR. TheStreet upgraded shares of Vicor from a “c” rating to a “b-” rating in a research report on Thursday, January 24th. BidaskClub upgraded shares of Vicor from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 22nd.

VICR traded up $0.90 during midday trading on Monday, hitting $32.68. The company had a trading volume of 289,130 shares, compared to its average volume of 241,835. The stock has a market capitalization of $1.51 billion, a PE ratio of 59.78 and a beta of 0.58. Vicor has a twelve month low of $24.00 and a twelve month high of $64.50.

Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP grew its position in shares of Vicor by 10.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 495,575 shares of the electronics maker’s stock worth $18,728,000 after buying an additional 48,853 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Vicor by 11.3% during the 4th quarter. Public Employees Retirement System of Ohio now owns 98,350 shares of the electronics maker’s stock worth $3,717,000 after buying an additional 10,000 shares during the period. Ashford Capital Management Inc. grew its position in shares of Vicor by 25.3% during the 4th quarter. Ashford Capital Management Inc. now owns 743,800 shares of the electronics maker’s stock worth $28,108,000 after buying an additional 149,970 shares during the period. Legal & General Group Plc grew its position in shares of Vicor by 1.5% during the 4th quarter. Legal & General Group Plc now owns 35,137 shares of the electronics maker’s stock worth $1,325,000 after buying an additional 530 shares during the period. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in shares of Vicor during the 4th quarter worth approximately $176,000. Institutional investors own 30.05% of the company’s stock.

About Vicor

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.

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