Dimensional Fund Advisors LP Grows Holdings in Ichor Holdings, Ltd. (NASDAQ:ICHR)

Dimensional Fund Advisors LP raised its position in Ichor Holdings, Ltd. (NASDAQ:ICHR) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,724,058 shares of the technology company’s stock after buying an additional 111,337 shares during the period. Dimensional Fund Advisors LP owned approximately 0.05% of Ichor worth $55,547,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in Ichor by 157.9% in the third quarter. JPMorgan Chase & Co. now owns 340,247 shares of the technology company’s stock valued at $10,823,000 after purchasing an additional 208,328 shares during the last quarter. Barclays PLC boosted its stake in shares of Ichor by 377.6% during the 3rd quarter. Barclays PLC now owns 56,787 shares of the technology company’s stock valued at $1,808,000 after buying an additional 44,897 shares during the last quarter. Hodges Capital Management Inc. grew its position in shares of Ichor by 52.0% during the fourth quarter. Hodges Capital Management Inc. now owns 217,125 shares of the technology company’s stock worth $6,996,000 after buying an additional 74,255 shares in the last quarter. Swiss National Bank grew its position in shares of Ichor by 1.4% during the fourth quarter. Swiss National Bank now owns 66,200 shares of the technology company’s stock worth $2,133,000 after buying an additional 900 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in Ichor by 26.3% in the fourth quarter. Handelsbanken Fonder AB now owns 10,100 shares of the technology company’s stock valued at $325,000 after acquiring an additional 2,100 shares in the last quarter. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ichor

In other Ichor news, Director Jorge Titinger sold 3,000 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $32.04, for a total value of $96,120.00. Following the completion of the transaction, the director now owns 9,832 shares in the company, valued at approximately $315,017.28. This represents a 23.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ICHR shares. TD Cowen decreased their price objective on shares of Ichor from $40.00 to $38.00 and set a “buy” rating for the company in a report on Friday, January 17th. Needham & Company LLC reissued a “hold” rating on shares of Ichor in a report on Wednesday, February 5th. Oppenheimer reduced their target price on Ichor from $35.00 to $25.00 and set a “market perform” rating on the stock in a report on Friday, April 11th. Finally, StockNews.com downgraded Ichor from a “hold” rating to a “sell” rating in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $40.17.

Ichor Stock Up 6.0 %

NASDAQ:ICHR opened at $20.99 on Friday. The company has a current ratio of 3.34, a quick ratio of 1.49 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $22.83 and a 200-day moving average of $28.29. The firm has a market capitalization of $716.03 million, a PE ratio of -32.29 and a beta of 1.88. Ichor Holdings, Ltd. has a 52 week low of $15.84 and a 52 week high of $42.70.

Ichor (NASDAQ:ICHR) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.14). Ichor had a negative return on equity of 1.38% and a negative net margin of 2.45%. Analysts predict that Ichor Holdings, Ltd. will post 1.01 EPS for the current year.

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.