Quantbot Technologies LP Has $1.30 Million Stock Position in Inter & Co, Inc. (NASDAQ:INTR)

Quantbot Technologies LP raised its stake in Inter & Co, Inc. (NASDAQ:INTR - Free Report) by 46.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 308,018 shares of the company's stock after purchasing an additional 97,928 shares during the period. Quantbot Technologies LP owned approximately 0.07% of Inter & Co, Inc. worth $1,300,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. US Bancorp DE boosted its stake in Inter & Co, Inc. by 6,054.6% in the 4th quarter. US Bancorp DE now owns 5,970 shares of the company's stock valued at $25,000 after buying an additional 5,873 shares in the last quarter. Savant Capital LLC bought a new stake in shares of Inter & Co, Inc. in the 4th quarter worth about $42,000. Atom Investors LP acquired a new stake in shares of Inter & Co, Inc. during the 3rd quarter worth about $71,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in Inter & Co, Inc. by 78.6% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company's stock valued at $52,000 after purchasing an additional 5,500 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Inter & Co, Inc. in the third quarter valued at about $103,000. Institutional investors and hedge funds own 22.90% of the company's stock.

Analysts Set New Price Targets

INTR has been the subject of several recent analyst reports. Morgan Stanley dropped their price objective on shares of Inter & Co, Inc. from $4.50 to $4.00 and set an "underweight" rating for the company in a report on Monday, March 17th. JPMorgan Chase & Co. cut their price objective on Inter & Co, Inc. from $7.20 to $7.10 and set an "overweight" rating for the company in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Inter & Co, Inc. presently has a consensus rating of "Moderate Buy" and an average target price of $6.78.

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Inter & Co, Inc. Trading Down 1.7 %

INTR stock traded down $0.10 during trading on Friday, hitting $5.65. The company had a trading volume of 2,769,239 shares, compared to its average volume of 1,819,483. The firm has a 50-day moving average price of $5.35 and a 200-day moving average price of $5.56. Inter & Co, Inc. has a 12 month low of $3.88 and a 12 month high of $7.84. The company has a quick ratio of 0.87, a current ratio of 0.85 and a debt-to-equity ratio of 0.01. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 14.49 and a beta of 1.31.

Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a return on equity of 10.06% and a net margin of 11.74%. As a group, analysts predict that Inter & Co, Inc. will post 0.48 earnings per share for the current year.

Inter & Co, Inc. Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 17th were issued a $0.08 dividend. The ex-dividend date was Friday, February 14th. This represents a yield of 0.5%. Inter & Co, Inc.'s dividend payout ratio is currently 20.51%.

Inter & Co, Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.