Rockefeller Capital Management L.P. Sells 3,706 Shares of Integer Holdings Co. (NYSE:ITGR)

Rockefeller Capital Management L.P. reduced its position in Integer Holdings Co. (NYSE:ITGR - Free Report) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 169,827 shares of the medical equipment provider's stock after selling 3,706 shares during the period. Rockefeller Capital Management L.P. owned about 0.51% of Integer worth $22,074,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Contravisory Investment Management Inc. lifted its position in Integer by 55.9% in the 3rd quarter. Contravisory Investment Management Inc. now owns 223 shares of the medical equipment provider's stock worth $29,000 after buying an additional 80 shares in the last quarter. Huntington National Bank boosted its position in Integer by 8,933.3% during the third quarter. Huntington National Bank now owns 271 shares of the medical equipment provider's stock valued at $35,000 after purchasing an additional 268 shares during the last quarter. Quest Partners LLC grew its stake in Integer by 3,688.9% in the second quarter. Quest Partners LLC now owns 341 shares of the medical equipment provider's stock valued at $39,000 after purchasing an additional 332 shares in the last quarter. GAMMA Investing LLC increased its position in Integer by 60.9% in the 2nd quarter. GAMMA Investing LLC now owns 375 shares of the medical equipment provider's stock worth $43,000 after purchasing an additional 142 shares during the last quarter. Finally, Innealta Capital LLC acquired a new stake in shares of Integer during the 2nd quarter valued at about $110,000. Institutional investors and hedge funds own 99.29% of the company's stock.

Integer Stock Performance

Shares of NYSE:ITGR traded down $0.30 on Friday, hitting $140.50. 149,717 shares of the company were exchanged, compared to its average volume of 254,823. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.09 and a current ratio of 3.28. The company's 50 day moving average price is $131.38 and its two-hundred day moving average price is $124.45. Integer Holdings Co. has a one year low of $84.75 and a one year high of $142.00. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 43.36, a PEG ratio of 2.01 and a beta of 1.09.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ITGR shares. Truist Financial dropped their price objective on Integer from $150.00 to $147.00 and set a "buy" rating on the stock in a report on Friday, October 25th. KeyCorp raised their price target on shares of Integer from $139.00 to $144.00 and gave the company an "overweight" rating in a report on Tuesday, October 15th. Benchmark upped their price objective on shares of Integer from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Citigroup raised their target price on Integer from $124.00 to $130.00 and gave the company a "neutral" rating in a report on Tuesday, October 1st. Finally, Bank of America upped their price target on Integer from $135.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Integer has an average rating of "Moderate Buy" and an average target price of $139.75.

About Integer

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.