Integer Holdings Corp (NYSE:ITGR) has received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $48.15.
Separately, ValuEngine raised Integer from a “sell” rating to a “hold” rating in a research note on Tuesday.
Integer stock opened at $75.01 on Tuesday. The stock’s 50 day moving average is $75.31 and its 200 day moving average is $77.03. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.40 and a quick ratio of 1.35. The firm has a market cap of $2.48 billion, a P/E ratio of 19.74 and a beta of 1.01. Integer has a one year low of $67.72 and a one year high of $92.61.
In related news, Director Pamela G. Bailey sold 7,446 shares of Integer stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $76.75, for a total value of $571,480.50. Following the transaction, the director now directly owns 56,990 shares of the company’s stock, valued at $4,373,982.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.24% of the stock is owned by insiders.
A number of hedge funds have recently modified their holdings of the business. Metropolitan Life Insurance Co NY increased its holdings in Integer by 4.9% in the third quarter. Metropolitan Life Insurance Co NY now owns 10,565 shares of the medical equipment provider’s stock worth $798,000 after purchasing an additional 492 shares in the last quarter. Squarepoint Ops LLC bought a new stake in Integer in the third quarter worth approximately $4,173,000. California State Teachers Retirement System increased its holdings in Integer by 1.6% in the third quarter. California State Teachers Retirement System now owns 50,841 shares of the medical equipment provider’s stock worth $3,842,000 after purchasing an additional 797 shares in the last quarter. State Street Corp increased its holdings in Integer by 1.9% in the third quarter. State Street Corp now owns 1,067,337 shares of the medical equipment provider’s stock worth $80,648,000 after purchasing an additional 19,517 shares in the last quarter. Finally, Tamarack Advisers LP bought a new stake in Integer in the third quarter worth approximately $8,689,000. Institutional investors and hedge funds own 98.11% of the company’s stock.
Integer Company Profile
Integer Holdings Corporation operates as a medical device outsource manufacturer worldwide. It operates in two segments, Medical and Non-Medical. The company offers products for vascular, cardiac surgery, and structural heart diseases; peripheral vascular, neurovascular, urology, and oncology products; and electrophysiology, infusion therapy, and hemodialysis products.
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