Integer Holdings Co. (NYSE:ITGR) Shares Purchased by Heritage Family Offices LLP

Heritage Family Offices LLP grew its holdings in Integer Holdings Co. (NYSE:ITGR) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 3,033 shares of the medical equipment provider’s stock after acquiring an additional 197 shares during the period. Heritage Family Offices LLP’s holdings in Integer were worth $402,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Contravisory Investment Management Inc. boosted its holdings in Integer by 55.9% in the 3rd quarter. Contravisory Investment Management Inc. now owns 223 shares of the medical equipment provider’s stock valued at $29,000 after purchasing an additional 80 shares during the last quarter. Huntington National Bank boosted its position in shares of Integer by 8,933.3% during the third quarter. Huntington National Bank now owns 271 shares of the medical equipment provider’s stock worth $35,000 after buying an additional 268 shares during the period. Quest Partners LLC grew its stake in shares of 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 buying an additional 332 shares in the last quarter. Versant Capital Management Inc increased its stake in Integer by 98.4% during the fourth quarter. Versant Capital Management Inc now owns 369 shares of the medical equipment provider’s stock worth $49,000 after purchasing an additional 183 shares during the period. Finally, GAMMA Investing LLC boosted its position in Integer by 74.1% in the 3rd quarter. GAMMA Investing LLC now owns 653 shares of the medical equipment provider’s stock valued at $85,000 after buying an additional 278 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on ITGR shares. Bank of America boosted their price target on shares of Integer from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, October 1st. KeyCorp raised their price objective on shares of Integer from $139.00 to $144.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Benchmark upped their price target on shares of Integer from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Piper Sandler reaffirmed an “overweight” rating and issued a $140.00 price objective (up from $125.00) on shares of Integer in a research note on Friday, October 25th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $160.00 target price on shares of Integer in a research report on Tuesday, December 3rd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Integer has a consensus rating of “Moderate Buy” and a consensus price target of $145.44.

Integer Trading Up 0.8 %

Integer stock opened at $139.88 on Thursday. The company has a quick ratio of 2.09, a current ratio of 3.28 and a debt-to-equity ratio of 0.67. The firm has a 50-day moving average price of $136.25 and a two-hundred day moving average price of $128.34. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 43.17, a PEG ratio of 1.70 and a beta of 1.12. Integer Holdings Co. has a 52-week low of $94.56 and a 52-week high of $142.76.

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

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.