Public Employees Retirement System of Ohio Raises Stock Position in Integer Holdings Corporation $ITGR

Public Employees Retirement System of Ohio lifted its position in Integer Holdings Corporation (NYSE:ITGR) by 19.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,185 shares of the medical equipment provider’s stock after purchasing an additional 4,177 shares during the period. Public Employees Retirement System of Ohio’s holdings in Integer were worth $2,304,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ITGR. Salomon & Ludwin LLC lifted its holdings in shares of Integer by 46.8% in the 4th quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock worth $29,000 after buying an additional 118 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of Integer by 1,037.5% in the fourth quarter. TD Private Client Wealth LLC now owns 455 shares of the medical equipment provider’s stock valued at $36,000 after acquiring an additional 415 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Integer by 135.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 464 shares of the medical equipment provider’s stock worth $36,000 after acquiring an additional 267 shares during the period. Arax Advisory Partners grew its holdings in Integer by 2,489.5% during the 4th quarter. Arax Advisory Partners now owns 492 shares of the medical equipment provider’s stock worth $39,000 after acquiring an additional 473 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Integer by 193.2% during the 4th quarter. Farther Finance Advisors LLC now owns 519 shares of the medical equipment provider’s stock valued at $41,000 after purchasing an additional 342 shares during the period. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Freedom Capital raised shares of Integer to a “strong-buy” rating in a research report on Wednesday, July 22nd. Zacks Research raised Integer from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. HC Wainwright reissued a “buy” rating on shares of Integer in a research report on Friday, July 24th. Weiss Ratings restated a “hold (c)” rating on shares of Integer in a research note on Thursday, June 18th. Finally, KeyCorp reiterated an “overweight” rating and issued a $104.00 target price on shares of Integer in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $97.00.

Integer Price Performance

Shares of NYSE ITGR opened at $121.07 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.38 and a current ratio of 3.75. The company has a market cap of $4.11 billion, a PE ratio of 30.19, a P/E/G ratio of 2.89 and a beta of 0.64. The business has a 50-day simple moving average of $93.88 and a two-hundred day simple moving average of $88.95. Integer Holdings Corporation has a fifty-two week low of $62.00 and a fifty-two week high of $123.50.

Integer (NYSE:ITGR) last posted its quarterly earnings data on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). The company had revenue of $439.58 million for the quarter, compared to analyst estimates of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. The business’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.31 EPS. As a group, equities analysts expect that Integer Holdings Corporation will post 6.04 EPS for the current fiscal year.

About Integer

Integer Holdings Corporation (NYSE: ITGR) is a global provider of outsourced medical device design, development and manufacturing solutions. The company partners with leading medical technology firms to deliver complex components, subsystems and finished devices across a range of therapeutic areas. Its services encompass concept and product design, precision machining, microelectronic assembly, terminal sterilization and regulatory support, enabling customers to accelerate time to market and optimize product performance.

Integer’s product portfolio is organized into two core segments: Advanced Delivery and MedTech.