Barclays PLC cut its stake in shares of Ichor Holdings Ltd (NASDAQ:ICHR) by 29.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,390 shares of the technology company’s stock after selling 33,156 shares during the quarter. Barclays PLC’s holdings in Ichor were worth $1,944,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ICHR. Arizona State Retirement System boosted its holdings in shares of Ichor by 1.2% in the second quarter. Arizona State Retirement System now owns 34,715 shares of the technology company’s stock valued at $821,000 after purchasing an additional 414 shares during the period. Virginia Retirement Systems ET AL grew its stake in Ichor by 77.7% in the second quarter. Virginia Retirement Systems ET AL now owns 31,100 shares of the technology company’s stock worth $735,000 after purchasing an additional 13,600 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in Ichor in the second quarter worth approximately $424,000. Aperio Group LLC purchased a new position in Ichor during the 2nd quarter worth $98,000. Finally, Janus Henderson Group PLC purchased a new position in Ichor during the 2nd quarter worth $298,000. 85.69% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ ICHR opened at $30.95 on Friday. The company has a current ratio of 1.90, a quick ratio of 0.98 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $704.09 million, a PE ratio of 11.09 and a beta of 2.81. The stock’s fifty day simple moving average is $29.99 and its two-hundred day simple moving average is $24.93. Ichor Holdings Ltd has a 12-month low of $14.23 and a 12-month high of $32.80.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.08. The firm had revenue of $154.46 million during the quarter, compared to analyst estimates of $149.96 million. Ichor had a return on equity of 9.41% and a net margin of 1.09%. The business’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 EPS. On average, equities analysts predict that Ichor Holdings Ltd will post 0.98 earnings per share for the current fiscal year.

ICHR has been the topic of a number of recent research reports. Needham & Company LLC increased their price target on Ichor to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Zacks Investment Research upgraded Ichor from a “sell” rating to a “hold” rating and set a $35.00 price objective for the company in a report on Friday, November 8th. B. Riley upped their price objective on shares of Ichor from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. DA Davidson upgraded shares of Ichor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $25.00 to $34.00 in a report on Thursday, October 24th. Finally, Deutsche Bank set a $32.00 target price on shares of Ichor and gave the company a “buy” rating in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Ichor currently has a consensus rating of “Buy” and an average target price of $33.13.

Ichor Company Profile

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning.

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Institutional Ownership by Quarter for Ichor (NASDAQ:ICHR)

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