Segall Bryant & Hamill LLC Has $18.07 Million Position in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Segall Bryant & Hamill LLC increased its position in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) by 26.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 568,117 shares of the technology company’s stock after acquiring an additional 120,133 shares during the quarter. Segall Bryant & Hamill LLC owned about 1.69% of Ichor worth $18,072,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Quarry LP increased its holdings in shares of Ichor by 99.5% in the second quarter. Quarry LP now owns 868 shares of the technology company’s stock worth $33,000 after acquiring an additional 433 shares in the last quarter. GAMMA Investing LLC increased its holdings 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 worth $34,000 after acquiring an additional 625 shares in the last quarter. Signaturefd LLC increased its holdings 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 increased its holdings 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 bought a new stake in shares of Ichor in the first quarter worth about $225,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Analysts Set New Price Targets

ICHR has been the subject of a number of research reports. DA Davidson initiated coverage on Ichor in a report on Thursday, September 26th. They set a “buy” rating and a $50.00 price objective for the company. StockNews.com upgraded Ichor from a “sell” rating to a “hold” rating in a report on Wednesday, August 14th. TD Cowen increased their price objective on Ichor from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. B. Riley restated a “buy” rating and issued a $38.00 price target (up from $36.00) on shares of Ichor in a research note on Tuesday, November 5th. Finally, Oppenheimer began coverage on Ichor in a research report on Wednesday, September 25th. They issued a “market perform” rating and a $35.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $42.57.

Ichor Price Performance

Ichor stock opened at $31.10 on Thursday. The stock’s fifty day moving average price is $29.48 and its two-hundred day moving average price is $33.32. Ichor Holdings, Ltd. has a one year low of $25.08 and a one year high of $46.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.64 and a quick ratio of 1.69. The firm has a market cap of $1.05 billion, a PE ratio of -33.44 and a beta of 1.91.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The company had revenue of $211.14 million for the quarter, compared to analyst estimates of $203.24 million. Ichor had a negative return on equity of 2.14% and a negative net margin of 3.51%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.09) EPS. As a group, research analysts expect that Ichor Holdings, Ltd. will post -0.1 EPS 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.