Swiss National Bank Purchases 1,800 Shares of Integer Holdings Corporation (ITGR)
Swiss National Bank boosted its position in Integer Holdings Corporation (NYSE:ITGR) by 4.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,100 shares of the medical equipment provider’s stock after purchasing an additional 1,800 shares during the quarter. Swiss National Bank’s holdings in Integer Holdings Corporation were worth $2,409,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. USA Financial Portformulas Corp acquired a new position in shares of Integer Holdings Corporation during the 3rd quarter worth $489,000. American Century Companies Inc. acquired a new position in shares of Integer Holdings Corporation during the 3rd quarter worth $3,788,000. State Board of Administration of Florida Retirement System raised its holdings in shares of Integer Holdings Corporation by 26.8% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 20,570 shares of the medical equipment provider’s stock worth $1,052,000 after buying an additional 4,343 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new position in shares of Integer Holdings Corporation during the 3rd quarter worth $1,279,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Integer Holdings Corporation during the 3rd quarter worth $561,000. Institutional investors and hedge funds own 94.32% of the company’s stock.
In related news, insider John A. Harris sold 1,261 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $45.40, for a total transaction of $57,249.40. Following the sale, the insider now owns 2,064 shares in the company, valued at approximately $93,705.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jennifer M. Bolt sold 7,626 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $48.22, for a total value of $367,725.72. Following the sale, the insider now owns 12,735 shares in the company, valued at approximately $614,081.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 37,600 shares of company stock worth $1,755,119. 4.80% of the stock is owned by corporate insiders.
Integer Holdings Corporation (NYSE ITGR) opened at $49.60 on Friday. The stock has a market capitalization of $1,550.00, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.25 and a beta of 1.08. The company has a debt-to-equity ratio of 1.95, a current ratio of 2.58 and a quick ratio of 1.37. Integer Holdings Corporation has a fifty-two week low of $27.15 and a fifty-two week high of $55.20.
Integer Holdings Corporation (NYSE:ITGR) last issued its quarterly earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.04. The company had revenue of $363.31 million during the quarter, compared to analysts’ expectations of $354.83 million. Integer Holdings Corporation had a return on equity of 11.22% and a net margin of 1.42%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 earnings per share. equities analysts forecast that Integer Holdings Corporation will post 2.62 earnings per share for the current year.
A number of equities analysts have issued reports on ITGR shares. BidaskClub raised Integer Holdings Corporation from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Royal Bank Of Canada reaffirmed a “neutral” rating on shares of Integer Holdings Corporation in a report on Friday, October 27th. KeyCorp reaffirmed an “overweight” rating and issued a $62.00 target price (up previously from $51.00) on shares of Integer Holdings Corporation in a report on Monday, September 18th. Zacks Investment Research raised Integer Holdings Corporation from a “sell” rating to a “hold” rating in a report on Monday, August 21st. Finally, TheStreet cut Integer Holdings Corporation from a “b-” rating to a “c+” rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $51.00.
Integer Holdings Corporation Profile
Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.
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