Inter & Co. Inc. (NASDAQ:INTR - Get Free Report)'s stock price traded down 6% during trading on Friday . The stock traded as low as $6.89 and last traded at $6.86. 1,402,670 shares were traded during mid-day trading, a decline of 37% from the average session volume of 2,227,556 shares. The stock had previously closed at $7.30.
Inter & Co. Inc. Price Performance
The firm's 50-day moving average is $7.12 and its 200-day moving average is $6.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $2.95 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 0.37 and a beta of 1.13.
Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The firm had revenue of $323.40 million for the quarter, compared to the consensus estimate of $1.89 billion. Inter & Co. Inc. had a net margin of 11.87% and a return on equity of 10.88%. Analysts predict that Inter & Co. Inc. will post 0.48 EPS for the current fiscal year.
Institutional Investors Weigh In On Inter & Co. Inc.
Several institutional investors and hedge funds have recently added to or reduced their stakes in INTR. Samlyn Capital LLC lifted its holdings in Inter & Co. Inc. by 23.8% in the first quarter. Samlyn Capital LLC now owns 7,591,911 shares of the company's stock valued at $41,604,000 after acquiring an additional 1,459,151 shares during the period. Jane Street Group LLC boosted its stake in Inter & Co. Inc. by 502.0% in the 1st quarter. Jane Street Group LLC now owns 1,431,616 shares of the company's stock worth $7,845,000 after buying an additional 1,193,818 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Inter & Co. Inc. in the 4th quarter valued at about $4,586,000. Marshall Wace LLP lifted its stake in shares of Inter & Co. Inc. by 96.8% in the 4th quarter. Marshall Wace LLP now owns 1,946,200 shares of the company's stock valued at $8,213,000 after purchasing an additional 957,361 shares in the last quarter. Finally, Swedbank AB lifted its position in Inter & Co. Inc. by 51.3% during the 1st quarter. Swedbank AB now owns 2,806,400 shares of the company's stock worth $15,379,000 after acquiring an additional 952,000 shares in the last quarter. Institutional investors and hedge funds own 22.90% of the company's stock.
About Inter & Co. Inc.
(
Get Free Report)
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.
Further Reading
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