Integer Holdings Co. (NYSE:ITGR) Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in shares of Integer Holdings Co. (NYSE:ITGR - Free Report) by 3,443.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,890 shares of the medical equipment provider's stock after buying an additional 13,498 shares during the period. Public Employees Retirement System of Ohio's holdings in Integer were worth $1,806,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ITGR. Driehaus Capital Management LLC lifted its position in shares of Integer by 62.5% during the 2nd quarter. Driehaus Capital Management LLC now owns 353,052 shares of the medical equipment provider's stock valued at $40,880,000 after buying an additional 135,750 shares in the last quarter. Eagle Asset Management Inc. purchased a new stake in shares of Integer during the third quarter worth about $14,403,000. F M Investments LLC acquired a new position in shares of Integer during the 2nd quarter worth about $11,143,000. Point72 Europe London LLP purchased a new position in Integer in the 2nd quarter valued at about $6,241,000. Finally, Bamco Inc. NY boosted its holdings in Integer by 17.4% in the 3rd quarter. Bamco Inc. NY now owns 254,377 shares of the medical equipment provider's stock worth $33,069,000 after buying an additional 37,700 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ITGR. KeyCorp lifted their price target on Integer from $139.00 to $144.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 15th. Bank of America lifted their target price on shares of Integer from $135.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, October 1st. Wells Fargo & Company reaffirmed an "overweight" rating and set a $160.00 target price on shares of Integer in a report on Tuesday, December 3rd. Benchmark raised their price target on shares of Integer from $130.00 to $140.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Finally, Piper Sandler reaffirmed an "overweight" rating and set a $140.00 price objective (up previously from $125.00) on shares of Integer in a research note on Friday, October 25th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $145.44.

Integer Trading Up 1.1 %

Integer stock traded up $1.39 during midday trading on Thursday, hitting $132.89. 212,242 shares of the stock were exchanged, compared to its average volume of 301,484. The company has a current ratio of 3.28, a quick ratio of 2.09 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 41.02, a PEG ratio of 2.02 and a beta of 1.12. The stock's 50-day simple moving average is $134.25 and its 200 day simple moving average is $126.09. Integer Holdings Co. has a fifty-two week low of $94.56 and a fifty-two week high of $142.76.

Integer (NYSE:ITGR - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The medical equipment provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.36 by $0.07. The business had revenue of $431.42 million during the quarter, compared to the consensus estimate of $440.59 million. Integer had a net margin of 6.70% and a return on equity of 11.63%. The business's revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.27 EPS. On average, equities analysts anticipate that Integer Holdings Co. will post 5.33 EPS for the current 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.