SG Americas Securities LLC Lowers Stock Holdings in Integer Holdings Co. (NYSE:ITGR)

SG Americas Securities LLC lessened its holdings in Integer Holdings Co. (NYSE:ITGR - Free Report) by 77.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,850 shares of the medical equipment provider's stock after selling 20,439 shares during the quarter. SG Americas Securities LLC's holdings in Integer were worth $580,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Arizona State Retirement System boosted its holdings in shares of Integer by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 9,474 shares of the medical equipment provider's stock valued at $743,000 after acquiring an additional 131 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Integer by 1.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,507 shares of the medical equipment provider's stock valued at $746,000 after acquiring an additional 142 shares in the last quarter. Creative Planning boosted its holdings in shares of Integer by 5.4% during the 3rd quarter. Creative Planning now owns 2,932 shares of the medical equipment provider's stock valued at $230,000 after acquiring an additional 150 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of Integer by 6.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,743 shares of the medical equipment provider's stock valued at $243,000 after acquiring an additional 167 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Integer by 28.5% during the 1st quarter. Tower Research Capital LLC TRC now owns 775 shares of the medical equipment provider's stock valued at $60,000 after acquiring an additional 172 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company's stock.

Integer Stock Down 0.1 %

ITGR traded down $0.07 during midday trading on Friday, reaching $114.95. 355,414 shares of the company were exchanged, compared to its average volume of 293,844. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.71 and a current ratio of 2.80. The company's fifty day moving average price is $108.84 and its 200 day moving average price is $95.60. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 42.74, a price-to-earnings-growth ratio of 1.47 and a beta of 1.10. Integer Holdings Co. has a one year low of $69.40 and a one year high of $118.15.

Integer (NYSE:ITGR - Get Free Report) last announced its earnings results on Thursday, February 15th. The medical equipment provider reported $1.39 earnings per share 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 firm had revenue of $413.15 million for the quarter, compared to the consensus estimate of $409.04 million. During the same quarter in the previous year, the business earned $1.11 EPS. The company's revenue was up 10.9% compared to the same quarter last year. As a group, analysts expect that Integer Holdings Co. will post 5.28 EPS for the current year.

Analysts Set New Price Targets

ITGR has been the topic of several recent research reports. CL King initiated coverage on Integer in a report on Thursday, March 14th. They set a "buy" rating and a $137.00 target price on the stock. Benchmark lifted their target price on Integer from $105.00 to $130.00 and gave the stock a "buy" rating in a report on Thursday, March 28th. Finally, KeyCorp cut their target price on Integer from $125.00 to $123.00 and set an "overweight" rating on the stock in a report on Friday, February 16th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $114.40.

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.