Teachers Retirement System of The State of Kentucky held its stake in shares of Integer Holdings Co. (NASDAQ:ITGR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,900 shares of the medical equipment provider’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Integer Holdings were worth $318,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new stake in shares of Integer Holdings during the first quarter worth $104,000. State of Alaska Department of Revenue boosted its stake in shares of Integer Holdings by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 3,040 shares of the medical equipment provider’s stock worth $122,000 after buying an additional 70 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Integer Holdings by 184.3% in the first quarter. Envestnet Asset Management Inc. now owns 3,545 shares of the medical equipment provider’s stock worth $142,000 after buying an additional 2,298 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Integer Holdings during the first quarter worth $209,000. Finally, FMR LLC acquired a new stake in shares of Integer Holdings during the first quarter worth $226,000.
Shares of Integer Holdings Co. (NASDAQ:ITGR) opened at 44.60 on Friday. The company has a 50 day moving average of $44.59 and a 200 day moving average of $40.06. The stock has a market cap of $1.41 billion, a P/E ratio of 76.63 and a beta of 1.30. Integer Holdings Co. has a 12 month low of $18.10 and a 12 month high of $47.09.
Integer Holdings (NASDAQ:ITGR) last released its quarterly earnings results on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by $0.11. The firm had revenue of $363 million for the quarter, compared to the consensus estimate of $353.68 million. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 EPS. Equities research analysts expect that Integer Holdings Co. will post $2.76 earnings per share for the current fiscal year.
A number of analysts recently weighed in on ITGR shares. Zacks Investment Research upgraded shares of Integer Holdings from a “sell” rating to a “buy” rating and set a $42.00 target price for the company in a report on Wednesday, May 3rd. Royal Bank Of Canada restated a “hold” rating and issued a $35.00 price target on shares of Integer Holdings in a research report on Friday, April 21st.
In other news, insider Jennifer M. Bolt sold 3,626 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $41.04, for a total value of $148,811.04. Following the sale, the insider now owns 14,834 shares of the company’s stock, valued at $608,787.36. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
About Integer Holdings
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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