838 Shares in Integer Holdings Co. (NYSE:ITGR) Bought by Heritage Wealth Management LLC

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.

ITGR opened at $84.46 on Friday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 31.63 and a beta of 1.37. Integer Holdings Co. has a 12 month low of $73.32 and a 12 month high of $101.61. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.83 and a quick ratio of 1.88. The business has a 50-day moving average of $84.94 and a two-hundred day moving average of $90.08.

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.

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Institutional Ownership by Quarter for Integer (NYSE:ITGR)

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