Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) was up 3.9% during mid-day trading on Friday . The company traded as high as $5.31 and last traded at $5.30. Approximately 125,399 shares changed hands during trading, a decline of 91% from the average daily volume of 1,340,897 shares. The stock had previously closed at $5.10.
Analyst Ratings Changes
Several analysts recently weighed in on INTR shares. Citigroup lowered Inter & Co, Inc. from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $6.30 to $6.00 in a report on Friday, February 16th. The Goldman Sachs Group boosted their price objective on Inter & Co, Inc. from $5.80 to $6.50 and gave the company a "buy" rating in a report on Friday, February 9th.
Check Out Our Latest Stock Report on INTR
Inter & Co, Inc. Price Performance
The company has a market capitalization of $2.26 billion, a P/E ratio of 35.00 and a beta of 1.37. The company has a fifty day moving average price of $5.71 and a 200 day moving average price of $5.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.91 and a quick ratio of 0.92.
Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) last posted its earnings results on Wednesday, February 7th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. The company had revenue of $265.06 million during the quarter, compared to analyst estimates of $269.81 million. Inter & Co, Inc. had a return on equity of 4.16% and a net margin of 5.01%. On average, sell-side analysts forecast that Inter & Co, Inc. will post 0.37 EPS for the current fiscal year.
Inter & Co, Inc. Dividend Announcement
The company also recently announced a -- dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 16th will be given a $0.03 dividend. The ex-dividend date of this dividend is Monday, April 15th. Inter & Co, Inc.'s dividend payout ratio (DPR) is 20.00%.
Institutional Investors Weigh In On Inter & Co, Inc.
A number of institutional investors and hedge funds have recently modified their holdings of INTR. Jane Street Group LLC acquired a new stake in shares of Inter & Co, Inc. during the 2nd quarter valued at $349,000. BlackRock Inc. acquired a new stake in shares of Inter & Co, Inc. during the 3rd quarter valued at $9,986,000. HRT Financial LP acquired a new stake in Inter & Co, Inc. during the 4th quarter valued at $142,000. GSA Capital Partners LLP acquired a new stake in Inter & Co, Inc. during the 4th quarter valued at $197,000. Finally, Geode Capital Management LLC raised its stake in Inter & Co, Inc. by 108.7% during the 4th quarter. Geode Capital Management LLC now owns 124,395 shares of the company's stock valued at $294,000 after purchasing an additional 64,794 shares during the period. Institutional investors and hedge funds own 22.90% of the company's stock.
Inter & Co, Inc. Company Profile
(
Get Free Report)
Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.
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