Mutual of America Capital Management LLC Purchases 246 Shares of Integer Holdings Co. (NYSE:ITGR)

Mutual of America Capital Management LLC increased its position in shares of Integer Holdings Co. (NYSE:ITGR – Get Rating) by 5.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,758 shares of the medical equipment provider’s stock after buying an additional 246 shares during the period. Mutual of America Capital Management LLC’s holdings in Integer were worth $383,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Integer by 7.1% during the fourth quarter. Principal Financial Group Inc. now owns 243,953 shares of the medical equipment provider’s stock worth $20,880,000 after buying an additional 16,130 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Integer during the fourth quarter worth $26,000. Charles Schwab Investment Management Inc. raised its stake in Integer by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 327,590 shares of the medical equipment provider’s stock worth $28,039,000 after buying an additional 9,293 shares during the last quarter. Clark Capital Management Group Inc. bought a new position in Integer during the fourth quarter worth $3,051,000. Finally, Skandinaviska Enskilda Banken AB publ acquired a new stake in Integer in the fourth quarter worth $850,000. Institutional investors own 99.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on ITGR shares. KeyCorp reduced their price target on shares of Integer from $109.00 to $97.00 and set an “overweight” rating for the company in a report on Friday. StockNews.com cut shares of Integer from a “buy” rating to a “hold” rating in a report on Monday, April 25th. Finally, TheStreet cut shares of Integer from a “b-” rating to a “c+” rating in a report on Friday, May 13th.

Integer Stock Down 0.2 %

Shares of NYSE ITGR opened at $69.89 on Monday. The stock has a market capitalization of $2.31 billion, a P/E ratio of 26.88 and a beta of 1.29. The company has a 50-day moving average price of $71.96 and a 200-day moving average price of $76.94. Integer Holdings Co. has a 1 year low of $64.95 and a 1 year high of $101.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 1.86.

Integer (NYSE:ITGR – Get Rating) last issued its quarterly earnings data on Thursday, July 28th. The medical equipment provider reported $1.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.14). The business had revenue of $350.10 million for the quarter, compared to analyst estimates of $343.57 million. Integer had a net margin of 6.98% and a return on equity of 9.65%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.07 earnings per share. On average, equities research analysts forecast that Integer Holdings Co. will post 4.51 EPS for the current fiscal year.

About Integer

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Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through Medical and Non-Medical segments. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, urology, and gastroenterology procedures.

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