Y Intercept Hong Kong Ltd Buys New Position in Inter & Co. Inc. (NASDAQ:INTR)

Key Points

• Y Intercept Hong Kong Ltd acquired a new position in Inter & Co. Inc., purchasing 153,670 shares valued at approximately $842,000 in the first quarter.
• Inter & Co. Inc. reported earnings per share (EPS) of $0.11, missing analysts' expectations of $0.12, with a revenue of $323.40 million compared to estimates of $1.89 billion.
• The stock price of Inter & Co. Inc. is currently down 0.4%, with a market cap of $2.95 billion and a price-to-earnings ratio of 16.34.

Y Intercept Hong Kong Ltd bought a new stake in Inter & Co. Inc. (NASDAQ:INTR - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 153,670 shares of the company's stock, valued at approximately $842,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. D. E. Shaw & Co. Inc. purchased a new stake in Inter & Co. Inc. in the 4th quarter worth approximately $60,000. Prudential PLC boosted its holdings in shares of Inter & Co. Inc. by 27.0% during the fourth quarter. Prudential PLC now owns 18,539 shares of the company's stock worth $78,000 after purchasing an additional 3,937 shares during the last quarter. Voya Investment Management LLC grew its position in shares of Inter & Co. Inc. by 79.8% in the fourth quarter. Voya Investment Management LLC now owns 18,544 shares of the company's stock valued at $78,000 after purchasing an additional 8,230 shares during the period. Talon Private Wealth LLC purchased a new stake in shares of Inter & Co. Inc. in the fourth quarter valued at $83,000. Finally, Two Sigma Advisers LP acquired a new position in Inter & Co. Inc. in the fourth quarter valued at $93,000. 22.90% of the stock is currently owned by hedge funds and other institutional investors.

Inter & Co. Inc. Stock Down 0.4%

Shares of NASDAQ:INTR opened at $6.70 on Friday. The stock's 50-day moving average price is $7.10 and its two-hundred day moving average price is $6.10. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.04. Inter & Co. Inc. has a 12-month low of $3.88 and a 12-month high of $7.84. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 0.36 and a beta of 1.13.

Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). Inter & Co. Inc. had a return on equity of 10.88% and a net margin of 11.87%. The business had revenue of $323.40 million during the quarter, compared to analyst estimates of $1.89 billion. On average, research analysts forecast that Inter & Co. Inc. will post 0.48 EPS for the current year.

Inter & Co. Inc. 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.

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