Integer Holdings Co. (NYSE:ITGR) Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its holdings in Integer Holdings Co. (NYSE:ITGR - Free Report) by 94.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,082 shares of the medical equipment provider's stock after acquiring an additional 23,370 shares during the quarter. Knights of Columbus Asset Advisors LLC owned 0.14% of Integer worth $4,764,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Covestor Ltd raised its stake in Integer by 420.6% during the 1st quarter. Covestor Ltd now owns 328 shares of the medical equipment provider's stock valued at $26,000 after buying an additional 265 shares during the last quarter. Blue Trust Inc. raised its stake in Integer by 483.3% during the 4th quarter. Blue Trust Inc. now owns 455 shares of the medical equipment provider's stock valued at $45,000 after buying an additional 377 shares during the last quarter. State of Wyoming raised its stake in Integer by 129.5% during the 4th quarter. State of Wyoming now owns 840 shares of the medical equipment provider's stock valued at $58,000 after buying an additional 474 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in 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 buying an additional 172 shares during the last quarter. Finally, Point72 Middle East FZE purchased a new stake in shares of Integer in the 4th quarter worth $96,000. 99.29% of the stock is owned by institutional investors.

Integer Price Performance

Shares of ITGR traded down $1.21 during midday trading on Friday, hitting $116.62. 450,401 shares of the company traded hands, compared to its average volume of 373,571. The firm has a 50 day moving average of $111.82 and a 200-day moving average of $98.63. Integer Holdings Co. has a 52 week low of $69.40 and a 52 week high of $121.53. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 1.63 and a beta of 1.10. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.71 and a current ratio of 2.80.

Integer (NYSE:ITGR - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The medical equipment provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.34 by $0.05. Integer had a net margin of 5.68% and a return on equity of 10.80%. The business had revenue of $413.15 million during the quarter, compared to the consensus estimate of $409.04 million. During the same quarter in the prior year, the firm earned $1.11 EPS. The business's revenue was up 10.9% on a year-over-year basis. On average, analysts forecast that Integer Holdings Co. will post 5.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ITGR shares. Benchmark upped their price objective on Integer from $105.00 to $130.00 and gave the stock a "buy" rating in a research note on Thursday, March 28th. CL King started coverage on Integer in a research note on Thursday, March 14th. They issued a "buy" rating and a $137.00 price objective for the company. Bank of America upgraded Integer from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $105.00 to $135.00 in a research note on Monday, April 15th. Finally, KeyCorp increased their price target on Integer from $123.00 to $139.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $120.50.

Integer Company 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.