WINTON GROUP Ltd Acquires Shares of 20,994 Vicor Co. (NASDAQ:VICR)

WINTON GROUP Ltd acquired a new stake in Vicor Co. (NASDAQ:VICR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,994 shares of the electronics maker’s stock, valued at approximately $1,014,000.

A number of other hedge funds have also recently modified their holdings of VICR. JPMorgan Chase & Co. lifted its holdings in Vicor by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 3,275,237 shares of the electronics maker’s stock valued at $137,887,000 after acquiring an additional 1,236,264 shares during the period. Vanguard Group Inc. grew its stake in shares of Vicor by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 2,529,448 shares of the electronics maker’s stock worth $122,223,000 after purchasing an additional 18,893 shares during the period. Wealthfront Advisers LLC purchased a new position in shares of Vicor during the 4th quarter valued at approximately $79,889,000. Needham Investment Management LLC lifted its stake in shares of Vicor by 2.4% in the 3rd quarter. Needham Investment Management LLC now owns 906,439 shares of the electronics maker’s stock valued at $38,161,000 after purchasing an additional 21,439 shares during the period. Finally, State Street Corp boosted its holdings in Vicor by 2.1% during the third quarter. State Street Corp now owns 852,932 shares of the electronics maker’s stock worth $35,908,000 after buying an additional 17,668 shares in the last quarter. Hedge funds and other institutional investors own 47.45% of the company’s stock.

Vicor Stock Performance

NASDAQ:VICR opened at $48.40 on Friday. The stock has a market capitalization of $2.19 billion, a PE ratio of 93.08 and a beta of 1.45. Vicor Co. has a fifty-two week low of $30.90 and a fifty-two week high of $65.70. The company has a fifty day moving average of $53.87 and a two-hundred day moving average of $50.14.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Thursday, February 20th. The electronics maker reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. Vicor had a net margin of 6.46% and a return on equity of 4.29%. The firm had revenue of $96.17 million for the quarter, compared to analyst estimates of $91.03 million.

Insider Activity

In other news, CAO Quentin A. Fendelet sold 440 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $61.71, for a total value of $27,152.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Claudio Tuozzolo sold 1,898 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $64.79, for a total transaction of $122,971.42. Following the transaction, the vice president now owns 33,622 shares in the company, valued at $2,178,369.38. The trade was a 5.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,642 shares of company stock worth $819,890 over the last quarter. 31.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

VICR has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Vicor in a report on Tuesday, February 18th. StockNews.com lowered Vicor from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, Craig Hallum raised Vicor from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th.

Vicor Profile

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 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.