Heritage Wealth Management LLC purchased a new position in shares of Integer Holdings Co. (NYSE:ITGR) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 838 shares of the medical equipment provider’s stock, valued at approximately $75,000.
Several other hedge funds and other institutional investors also recently modified their holdings of ITGR. First Horizon Advisors Inc. lifted its holdings in Integer by 7,290.0% in the third quarter. First Horizon Advisors Inc. now owns 739 shares of the medical equipment provider’s stock valued at $60,000 after acquiring an additional 729 shares during the period. US Asset Management LLC acquired a new stake in Integer in the third quarter valued at $66,000. Public Employees Retirement System of Ohio lifted its holdings in Integer by 19.5% in the second quarter. Public Employees Retirement System of Ohio now owns 1,065 shares of the medical equipment provider’s stock valued at $100,000 after acquiring an additional 174 shares during the period. Paloma Partners Management Co acquired a new stake in Integer in the second quarter valued at $202,000. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Integer in the second quarter valued at $226,000. 98.03% of the stock is owned by hedge funds and other institutional investors.
In other Integer news, Director Pamela G. Bailey sold 7,231 shares of Integer stock in a transaction that occurred on Monday, December 6th. The stock was sold at an average price of $84.52, for a total transaction of $611,164.12. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.08% of the stock is owned by insiders.
Integer (NYSE:ITGR) last released its quarterly earnings results on Thursday, October 28th. The medical equipment provider reported $1.05 EPS for the quarter, topping the consensus estimate of $0.96 by $0.09. Integer had a return on equity of 9.69% and a net margin of 7.51%. The firm had revenue of $305.57 million for the quarter, compared to analyst estimates of $303.23 million. During the same period in the previous year, the company posted $0.50 EPS. Integer’s revenue for the quarter was up 29.5% on a year-over-year basis. Equities research analysts anticipate that Integer Holdings Co. will post 4.05 earnings per share for the current year.
Separately, KeyCorp raised their price target on Integer from $107.00 to $111.00 and gave the company an “overweight” rating in a research report on Friday, October 29th.
Integer Company Profile
Integer Holdings Corp. engages in the manufacture and development of medical devices and components. It operates through the Medical and Non-Medical segments. The Medical segment includes the cardio and vascular, cardiac and neuromodulation, surgical, orthopedics, and portable medical product lines. The Non-Medical segment comprises customized battery power and management systems, charging and docking stations, and power supplies.
See Also: What is a support level?
Receive News & Ratings for Integer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer and related companies with MarketBeat.com's FREE daily email newsletter.