Mutual of America Capital Management LLC boosted its position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 50.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 121,500 shares of the technology company's stock after purchasing an additional 40,575 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.36% of Ichor worth $3,865,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Quarry LP increased its stake in shares of Ichor by 99.5% during the 2nd quarter. Quarry LP now owns 868 shares of the technology company's stock worth $33,000 after purchasing an additional 433 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Ichor by 136.2% in the third quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock valued at $34,000 after buying an additional 625 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Ichor by 214.6% during the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock valued at $40,000 after buying an additional 854 shares during the period. CWM LLC boosted its position in Ichor by 50.5% during the second quarter. CWM LLC now owns 1,540 shares of the technology company's stock worth $59,000 after acquiring an additional 517 shares during the last quarter. Finally, ProShare Advisors LLC acquired a new position in Ichor in the 1st quarter valued at $225,000. Institutional investors and hedge funds own 94.81% of the company's stock.
Ichor Stock Up 2.4 %
Shares of NASDAQ:ICHR traded up $0.79 during midday trading on Friday, hitting $33.35. 234,500 shares of the company's stock traded hands, compared to its average volume of 301,895. Ichor Holdings, Ltd. has a twelve month low of $25.32 and a twelve month high of $46.43. The company has a market cap of $1.12 billion, a PE ratio of -35.00 and a beta of 1.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 3.64. The firm's fifty day moving average price is $29.62 and its two-hundred day moving average price is $33.30.
Ichor (NASDAQ:ICHR - Get Free Report) last issued its earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. The company had revenue of $211.14 million during the quarter, compared to the consensus estimate of $203.24 million. During the same quarter in the prior year, the business earned ($0.09) earnings per share. The company's revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts anticipate that Ichor Holdings, Ltd. will post -0.1 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on ICHR shares. StockNews.com raised Ichor from a "sell" rating to a "hold" rating in a research report on Wednesday, August 14th. DA Davidson began coverage on shares of Ichor in a research note on Thursday, September 26th. They set a "buy" rating and a $50.00 price objective for the company. Needham & Company LLC lowered their target price on shares of Ichor from $44.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday, August 7th. B. Riley reaffirmed a "buy" rating and set a $38.00 price target (up previously from $36.00) on shares of Ichor in a research report on Tuesday, November 5th. Finally, Oppenheimer began coverage on shares of Ichor in a report on Wednesday, September 25th. They issued a "market perform" rating and a $35.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $42.57.
Check Out Our Latest Research Report on ICHR
Ichor Profile
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Free Report)
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices.
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