Samlyn Capital LLC Acquires 196,355 Shares of Inter & Co, Inc. (NASDAQ:INTR)

Samlyn Capital LLC increased its holdings in Inter & Co, Inc. (NASDAQ:INTR) by 4.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,994,031 shares of the company’s stock after buying an additional 196,355 shares during the period. Samlyn Capital LLC’s holdings in Inter & Co, Inc. were worth $30,713,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fourth Sail Capital LP bought a new stake in Inter & Co, Inc. in the first quarter worth $9,155,000. SPX Gestao de Recursos Ltda raised its stake in shares of Inter & Co, Inc. by 171.0% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 362,162 shares of the company’s stock valued at $2,014,000 after acquiring an additional 228,528 shares during the period. Jump Financial LLC raised its stake in shares of Inter & Co, Inc. by 301.9% in the fourth quarter. Jump Financial LLC now owns 41,800 shares of the company’s stock valued at $232,000 after acquiring an additional 31,400 shares during the period. Quadrature Capital Ltd raised its stake in shares of Inter & Co, Inc. by 496.8% in the fourth quarter. Quadrature Capital Ltd now owns 69,518 shares of the company’s stock valued at $387,000 after acquiring an additional 57,870 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of Inter & Co, Inc. in the first quarter valued at $346,000. Institutional investors own 22.90% of the company’s stock.

Inter & Co, Inc. Trading Down 3.2 %

INTR stock opened at $6.89 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.91 and a quick ratio of 0.91. Inter & Co, Inc. has a 12 month low of $3.52 and a 12 month high of $7.84. The firm’s 50-day moving average is $7.07 and its 200 day moving average is $6.29. The company has a market capitalization of $2.99 billion, a PE ratio of 29.96 and a beta of 1.51.

Inter & Co, Inc. (NASDAQ:INTR) last issued its earnings results on Wednesday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. Inter & Co, Inc. had a net margin of 8.85% and a return on equity of 7.85%. The company had revenue of $283.71 million for the quarter, compared to analysts’ expectations of $264.62 million. On average, research analysts anticipate that Inter & Co, Inc. will post 0.37 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. UBS Group increased their target price on shares of Inter & Co, Inc. from $6.50 to $8.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Citigroup initiated coverage on shares of Inter & Co, Inc. in a research note on Tuesday, June 25th. They issued a “buy” rating and a $6.80 price target on the stock.

Inter & Co, Inc. Profile

Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.