Healthcare of Ontario Pension Plan Trust Fund Takes $1.08 Million Position in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Ichor Holdings, Ltd. (NASDAQ:ICHR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,000 shares of the technology company’s stock, valued at approximately $1,079,000. Healthcare of Ontario Pension Plan Trust Fund owned 0.08% of Ichor as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Texas Permanent School Fund Corp lifted its stake in shares of Ichor by 1.5% during the first quarter. Texas Permanent School Fund Corp now owns 25,761 shares of the technology company’s stock valued at $995,000 after acquiring an additional 381 shares during the period. Quarry LP lifted its stake in shares of Ichor by 99.5% during the second quarter. Quarry LP now owns 868 shares of the technology company’s stock valued at $33,000 after acquiring an additional 433 shares during the period. CWM LLC lifted its stake in shares of Ichor by 50.5% during the second quarter. CWM LLC now owns 1,540 shares of the technology company’s stock valued at $59,000 after acquiring an additional 517 shares during the period. Amalgamated Bank lifted its stake in shares of Ichor by 6.1% during the second quarter. Amalgamated Bank now owns 10,025 shares of the technology company’s stock valued at $386,000 after acquiring an additional 577 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Ichor by 39.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,042 shares of the technology company’s stock valued at $102,000 after acquiring an additional 854 shares during the period. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Stock Up 0.5 %

Shares of Ichor stock opened at $31.09 on Tuesday. Ichor Holdings, Ltd. has a 1 year low of $22.26 and a 1 year high of $46.43. The business has a 50-day moving average of $29.79 and a two-hundred day moving average of $35.22. The company has a market capitalization of $1.04 billion, a P/E ratio of -17.56 and a beta of 1.90. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.27 and a quick ratio of 1.91.

Ichor (NASDAQ:ICHR) last announced its quarterly earnings results on Tuesday, August 6th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.02. Ichor had a negative return on equity of 2.56% and a negative net margin of 4.53%. The company had revenue of $203.23 million during the quarter, compared to the consensus estimate of $197.75 million. As a group, equities analysts predict that Ichor Holdings, Ltd. will post -0.22 EPS for the current year.

Wall Street Analysts Forecast Growth

ICHR has been the topic of several research reports. TD Cowen cut their price target on Ichor from $48.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Needham & Company LLC cut their target price on Ichor from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. StockNews.com raised Ichor from a “sell” rating to a “hold” rating in a research note on Wednesday, August 14th. DA Davidson initiated coverage on Ichor in a research note on Thursday, September 26th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Oppenheimer initiated coverage on Ichor in a research note on Wednesday, September 25th. They issued a “market perform” rating and a $35.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Ichor has a consensus rating of “Moderate Buy” and an average price target of $43.29.

Ichor Company Profile

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.