16,565 Shares in Integer Holdings Co. (NYSE:ITGR) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Integer Holdings Co. (NYSE:ITGR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,565 shares of the medical equipment provider's stock, valued at approximately $2,195,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mather Group LLC. raised its position in shares of Integer by 304.3% during the 4th quarter. Mather Group LLC. now owns 190 shares of the medical equipment provider's stock valued at $25,000 after buying an additional 143 shares in the last quarter. Huntington National Bank raised its position in shares of Integer by 8,933.3% during the 3rd quarter. Huntington National Bank now owns 271 shares of the medical equipment provider's stock valued at $35,000 after buying an additional 268 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Integer during the 4th quarter valued at $44,000. Versant Capital Management Inc raised its position in shares of Integer by 98.4% during the 4th quarter. Versant Capital Management Inc now owns 369 shares of the medical equipment provider's stock valued at $49,000 after buying an additional 183 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of Integer by 31.2% during the 4th quarter. Principal Securities Inc. now owns 639 shares of the medical equipment provider's stock valued at $85,000 after buying an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company's stock.

Integer Trading Down 1.0 %

Shares of ITGR traded down $1.22 during trading hours on Friday, reaching $115.07. 1,041,990 shares of the company traded hands, compared to its average volume of 313,723. The company's fifty day moving average price is $132.59 and its two-hundred day moving average price is $132.31. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a quick ratio of 2.09, a current ratio of 2.95 and a debt-to-equity ratio of 0.62. Integer Holdings Co. has a 12 month low of $107.11 and a 12 month high of $146.36.

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of Integer from $130.00 to $145.00 and gave the company a "neutral" rating in a research report on Wednesday, December 11th. Oppenheimer cut shares of Integer from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Truist Financial lifted their target price on shares of Integer from $147.00 to $163.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. KeyCorp lifted their target price on shares of Integer from $144.00 to $154.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $160.00 target price on shares of Integer in a research report on Tuesday, December 3rd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $149.00.

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.