Segall Bryant & Hamill LLC Raises Stake in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Segall Bryant & Hamill LLC lifted its position in Ichor Holdings, Ltd. (NASDAQ:ICHR - Free Report) by 26.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 568,117 shares of the technology company's stock after buying an additional 120,133 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 1.69% of Ichor worth $18,072,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP boosted its stake in shares of Ichor by 99.5% in the second quarter. Quarry LP now owns 868 shares of the technology company's stock valued at $33,000 after purchasing an additional 433 shares during the period. GAMMA Investing LLC lifted its holdings in Ichor by 136.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,084 shares of the technology company's stock worth $34,000 after buying an additional 625 shares in the last quarter. Signaturefd LLC grew its stake in shares of Ichor by 214.6% in the third quarter. Signaturefd LLC now owns 1,252 shares of the technology company's stock worth $40,000 after acquiring an additional 854 shares in the last quarter. CWM LLC grew its stake in shares of Ichor by 50.5% in 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 in the last quarter. Finally, ProShare Advisors LLC purchased a new stake in shares of Ichor during the first quarter worth $225,000. 94.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ICHR has been the subject of several analyst reports. DA Davidson assumed coverage on Ichor in a research note on Thursday, September 26th. They set a "buy" rating and a $50.00 target price for the company. B. Riley reaffirmed a "buy" rating and issued a $38.00 target price (up previously from $36.00) on shares of Ichor in a report on Tuesday, November 5th. StockNews.com upgraded shares of Ichor from a "sell" rating to a "hold" rating in a report on Wednesday, August 14th. Oppenheimer assumed coverage on shares of Ichor in a report on Wednesday, September 25th. They issued a "market perform" rating and a $35.00 price objective on the stock. Finally, TD Cowen boosted their target price on shares of Ichor from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $42.57.

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $31.10 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.64 and a quick ratio of 1.69. Ichor Holdings, Ltd. has a 12 month low of $25.08 and a 12 month high of $46.43. The firm has a market capitalization of $1.05 billion, a P/E ratio of -33.44 and a beta of 1.91. The company's fifty day moving average price is $29.53 and its 200 day moving average price is $33.31.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its earnings results on Monday, November 4th. The technology company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The business had revenue of $211.14 million for the quarter, compared to analysts' expectations of $203.24 million. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. The business's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.09) earnings per share. As a group, sell-side analysts predict that Ichor Holdings, Ltd. will post -0.1 earnings per share for the current fiscal year.

About Ichor

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.