Dimensional Fund Advisors LP Sells 70,778 Shares of Integer Holdings Co. (NYSE:ITGR)

Dimensional Fund Advisors LP decreased its position in Integer Holdings Co. (NYSE:ITGR - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,700,370 shares of the medical equipment provider's stock after selling 70,778 shares during the period. Dimensional Fund Advisors LP owned about 5.07% of Integer worth $225,336,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ITGR. Raymond James Financial Inc. bought a new position in Integer in the 4th quarter worth approximately $38,073,000. Artisan Partners Limited Partnership bought a new position in shares of Integer in the fourth quarter worth $22,775,000. Laurus Investment Counsel Inc. purchased a new position in shares of Integer in the fourth quarter valued at $5,422,000. New York State Common Retirement Fund raised its stake in shares of Integer by 20.9% during the 4th quarter. New York State Common Retirement Fund now owns 232,569 shares of the medical equipment provider's stock valued at $30,820,000 after purchasing an additional 40,158 shares during the period. Finally, Wealthfront Advisers LLC purchased a new stake in Integer during the 4th quarter worth about $4,754,000. 99.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ITGR. Benchmark lifted their target price on Integer from $140.00 to $150.00 and gave the company a "buy" rating in a report on Friday, February 21st. KeyCorp lowered their target price on shares of Integer from $154.00 to $145.00 and set an "overweight" rating on the stock in a research note on Monday. Raymond James assumed coverage on shares of Integer in a research report on Friday, March 28th. They set an "outperform" rating and a $145.00 price target for the company. Oppenheimer downgraded Integer from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Finally, Truist Financial reduced their target price on Integer from $163.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Integer presently has an average rating of "Moderate Buy" and an average target price of $145.00.

Integer Trading Up 2.3 %

Shares of ITGR stock opened at $118.12 on Wednesday. The company has a quick ratio of 2.09, a current ratio of 2.95 and a debt-to-equity ratio of 0.62. The firm has a market cap of $4.12 billion, a P/E ratio of 35.16, a price-to-earnings-growth ratio of 1.72 and a beta of 1.09. The business has a 50-day moving average price of $120.73 and a two-hundred day moving average price of $130.42. Integer Holdings Co. has a 12-month low of $104.93 and a 12-month high of $146.36.

Integer (NYSE:ITGR - Get Free Report) last issued its earnings results on Thursday, February 20th. The medical equipment provider reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.03). Integer had a return on equity of 11.65% and a net margin of 6.92%. The firm had revenue of $449.50 million during the quarter, compared to analysts' expectations of $446.28 million. Equities analysts anticipate that Integer Holdings Co. will post 6.01 EPS for the current fiscal year.

Integer Profile

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.

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