Vanguard Group Inc. Has $301.48 Million Stock Position in Integer Holdings Co. (NYSE:ITGR)

Vanguard Group Inc. lifted its holdings in shares of Integer Holdings Co. (NYSE:ITGR - Free Report) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,843,992 shares of the medical equipment provider's stock after acquiring an additional 15,300 shares during the period. Vanguard Group Inc. owned 11.53% of Integer worth $301,484,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System raised its holdings in Integer by 1.4% during the third quarter. Arizona State Retirement System now owns 9,474 shares of the medical equipment provider's stock worth $743,000 after purchasing an additional 131 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Integer by 1.5% in the third quarter. Janney Montgomery Scott LLC now owns 9,507 shares of the medical equipment provider's stock worth $746,000 after buying an additional 142 shares during the period. Creative Planning boosted its position in shares of Integer by 5.4% in the third quarter. Creative Planning now owns 2,932 shares of the medical equipment provider's stock worth $230,000 after buying an additional 150 shares during the period. Ameritas Investment Partners Inc. lifted its stake in shares of Integer by 6.5% in the second quarter. Ameritas Investment Partners Inc. now owns 2,743 shares of the medical equipment provider's stock worth $243,000 after acquiring an additional 167 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Integer by 28.5% in the first quarter. Tower Research Capital LLC TRC now owns 775 shares of the medical equipment provider's stock worth $60,000 after acquiring an additional 172 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company's stock.

Integer Stock Up 1.5 %

ITGR traded up $1.67 during trading on Thursday, reaching $116.73. 211,566 shares of the stock traded hands, compared to its average volume of 284,055. Integer Holdings Co. has a fifty-two week low of $69.40 and a fifty-two week high of $118.15. The stock's 50-day simple moving average is $107.25 and its two-hundred day simple moving average is $94.25. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 43.39, a price-to-earnings-growth ratio of 1.41 and a beta of 1.09. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.80 and a quick ratio of 1.71.

Integer (NYSE:ITGR - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The medical equipment provider reported $1.39 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.05. Integer had a return on equity of 10.80% and a net margin of 5.68%. The business had revenue of $413.15 million for the quarter, compared to analyst estimates of $409.04 million. During the same period in the previous year, the company posted $1.11 earnings per share. The firm's revenue for the quarter was up 10.9% on a year-over-year basis. As a group, equities research analysts expect that Integer Holdings Co. will post 5.28 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. KeyCorp cut their price target on Integer from $125.00 to $123.00 and set an "overweight" rating on the stock in a research note on Friday, February 16th. Benchmark upped their price objective on Integer from $105.00 to $130.00 and gave the company a "buy" rating in a research note on Thursday. Finally, CL King assumed coverage on Integer in a research note on Thursday, March 14th. They set a "buy" rating and a $137.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $109.67.

Integer Profile

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