Inter & Co, Inc. (NASDAQ:INTR - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $4.36, but opened at $4.26. Inter & Co, Inc. shares last traded at $4.20, with a volume of 409,786 shares traded.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. dropped their price objective on Inter & Co, Inc. from $8.50 to $7.20 and set an "overweight" rating on the stock in a research note on Friday, December 13th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $7.30.
Check Out Our Latest Analysis on Inter & Co, Inc.
Inter & Co, Inc. Stock Down 3.4 %
The company has a market cap of $1.83 billion, a P/E ratio of 12.03 and a beta of 1.24. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. The business's 50 day moving average is $5.59 and its 200 day moving average is $6.29.
Hedge Funds Weigh In On Inter & Co, Inc.
Several large investors have recently modified their holdings of INTR. Bank of Montreal Can purchased a new stake in shares of Inter & Co, Inc. in the second quarter valued at about $1,954,000. Samlyn Capital LLC lifted its stake in shares of Inter & Co, Inc. by 4.1% in the second quarter. Samlyn Capital LLC now owns 4,994,031 shares of the company's stock worth $30,713,000 after acquiring an additional 196,355 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Inter & Co, Inc. by 152.9% in the 2nd quarter. Marshall Wace LLP now owns 2,309,503 shares of the company's stock worth $14,203,000 after buying an additional 1,396,317 shares during the last quarter. Squarepoint Ops LLC raised its holdings in shares of Inter & Co, Inc. by 46.4% during the second quarter. Squarepoint Ops LLC now owns 37,708 shares of the company's stock valued at $232,000 after buying an additional 11,949 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Inter & Co, Inc. by 70.7% in the second quarter. Millennium Management LLC now owns 4,512,367 shares of the company's stock valued at $27,751,000 after buying an additional 1,868,527 shares during the period. Institutional investors and hedge funds own 22.90% of the company's stock.
Inter & Co, Inc. Company Profile
(
Get Free Report)
Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.
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