Public Employees Retirement System of Ohio Has $1.81 Million Position in Integer Holdings Co. (NYSE:ITGR)

Public Employees Retirement System of Ohio lifted its holdings in Integer Holdings Co. (NYSE:ITGR) by 3,443.4% during the 3rd quarter, Holdings Channel reports. The fund owned 13,890 shares of the medical equipment provider’s stock after acquiring an additional 13,498 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Integer were worth $1,806,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. XTX Topco Ltd lifted its position in shares of Integer by 31.5% during the third quarter. XTX Topco Ltd now owns 6,764 shares of the medical equipment provider’s stock worth $879,000 after purchasing an additional 1,620 shares in the last quarter. Jane Street Group LLC raised its position in shares of Integer by 23.3% during the third quarter. Jane Street Group LLC now owns 151,397 shares of the medical equipment provider’s stock worth $19,682,000 after acquiring an additional 28,572 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Integer by 0.7% during the third quarter. Stifel Financial Corp now owns 31,518 shares of the medical equipment provider’s stock valued at $4,097,000 after acquiring an additional 226 shares during the period. Point72 DIFC Ltd bought a new position in Integer in the third quarter valued at about $2,977,000. Finally, HighTower Advisors LLC increased its position in Integer by 0.8% in the third quarter. HighTower Advisors LLC now owns 12,041 shares of the medical equipment provider’s stock worth $1,579,000 after purchasing an additional 90 shares during the period. 99.29% of the stock is currently owned by institutional investors.

Integer Stock Performance

ITGR opened at $131.50 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.28 and a quick ratio of 2.09. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 40.59, a P/E/G ratio of 2.02 and a beta of 1.12. Integer Holdings Co. has a 1 year low of $94.56 and a 1 year high of $142.76. The business’s 50-day moving average price is $134.15 and its two-hundred day moving average price is $126.05.

Integer (NYSE:ITGR) last released its quarterly earnings results on Thursday, October 24th. The medical equipment provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $440.59 million. During the same quarter in the prior year, the firm posted $1.27 EPS. The business’s revenue was up 8.7% on a year-over-year basis. Equities analysts expect that Integer Holdings Co. will post 5.33 EPS for the current fiscal year.

Analysts Set New Price Targets

ITGR has been the topic of a number of research reports. Truist Financial upped their target price on shares of Integer from $147.00 to $163.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Citigroup increased their target price on Integer from $130.00 to $145.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. 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. Bank of America increased their price target on shares of Integer from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, October 1st. Finally, Benchmark boosted their price objective on shares of Integer from $130.00 to $140.00 and gave the company a “buy” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $145.44.

Integer Profile

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.