Dark Forest Capital Management LP bought a new stake in Integer Holdings Co. (NYSE:ITGR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,532 shares of the medical equipment provider's stock, valued at approximately $336,000.
Several other institutional investors and hedge funds have also bought and sold shares of ITGR. Mather Group LLC. boosted its position in shares of Integer by 304.3% in the 4th quarter. Mather Group LLC. now owns 190 shares of the medical equipment provider's stock worth $25,000 after purchasing an additional 143 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of Integer during the fourth quarter valued at about $27,000. R Squared Ltd purchased a new position in shares of Integer in the 4th quarter valued at approximately $44,000. Sterling Capital Management LLC boosted its stake in Integer by 472.9% in the 4th quarter. Sterling Capital Management LLC now owns 338 shares of the medical equipment provider's stock worth $45,000 after purchasing an additional 279 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in Integer by 98.4% during the 4th quarter. Versant Capital Management Inc now owns 369 shares of the medical equipment provider's stock worth $49,000 after purchasing an additional 183 shares during the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.
Integer Stock Performance
ITGR opened at $123.39 on Monday. The firm has a fifty day moving average price of $119.58 and a 200 day moving average price of $130.28. Integer Holdings Co. has a 1 year low of $104.93 and a 1 year high of $146.36. The stock has a market cap of $4.31 billion, a P/E ratio of 36.72, a P/E/G ratio of 1.72 and a beta of 1.09. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.95 and a quick ratio of 2.09.
Integer (NYSE:ITGR - Get Free Report) last posted its earnings results on Thursday, April 24th. The medical equipment provider reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.04. The firm had revenue of $437.39 million for the quarter, compared to analysts' expectations of $428.51 million. Integer had a return on equity of 11.65% and a net margin of 6.92%. Equities research analysts anticipate that Integer Holdings Co. will post 6.01 earnings per share for the current year.
Analysts Set New Price Targets
ITGR has been the subject of a number of research analyst reports. KeyCorp decreased their price target on shares of Integer from $154.00 to $145.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Benchmark lowered their price target on Integer from $150.00 to $140.00 and set a "buy" rating for the company in a research report on Friday. Raymond James increased their price objective on Integer from $145.00 to $150.00 and gave the company an "outperform" rating in a report on Friday. Truist Financial set a $150.00 target price on Integer in a report on Friday. Finally, StockNews.com downgraded shares of Integer from a "hold" rating to a "sell" rating in a report on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $145.56.
Check Out Our Latest Analysis on ITGR
Integer Profile
(
Free Report)
Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.
Further Reading
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