Two Sigma Investments LP Boosts Stock Position in Inter & Co, Inc. (NASDAQ:INTR)

Two Sigma Investments LP increased its stake in Inter & Co, Inc. (NASDAQ:INTR - Free Report) by 14.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 472,799 shares of the company's stock after buying an additional 61,291 shares during the quarter. Two Sigma Investments LP owned about 0.11% of Inter & Co, Inc. worth $1,995,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. US Bancorp DE lifted its position in Inter & Co, Inc. by 6,054.6% in the fourth quarter. US Bancorp DE now owns 5,970 shares of the company's stock worth $25,000 after buying an additional 5,873 shares during the last quarter. Savant Capital LLC bought a new stake in Inter & Co, Inc. in the fourth quarter worth $42,000. Skandinaviska Enskilda Banken AB publ lifted its position in Inter & Co, Inc. by 78.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company's stock worth $52,000 after buying an additional 5,500 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new stake in Inter & Co, Inc. in the fourth quarter worth $60,000. Finally, Allspring Global Investments Holdings LLC increased its stake in Inter & Co, Inc. by 17.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 16,024 shares of the company's stock worth $68,000 after purchasing an additional 2,399 shares during the period. 22.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reduced their target price on Inter & Co, Inc. from $4.50 to $4.00 and set an "underweight" rating on the stock in a research note on Monday, March 17th.

Inter & Co, Inc. Trading Up 2.0%

INTR stock traded up $0.14 during midday trading on Thursday, reaching $7.05. The company's stock had a trading volume of 2,168,608 shares, compared to its average volume of 2,087,587. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.85. The stock has a fifty day simple moving average of $6.37 and a two-hundred day simple moving average of $5.47. Inter & Co, Inc. has a 1 year low of $3.88 and a 1 year high of $7.84. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 18.08 and a beta of 1.16.

Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $323.40 million for the quarter, compared to analysts' expectations of $1.89 billion. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.06%. On average, equities research analysts predict that Inter & Co, Inc. will post 0.48 EPS for the current year.

Inter & Co, Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.