Russell Investments Group Ltd. Has $780,000 Stock Holdings in Integer Holdings Co. (NYSE:ITGR)

Russell Investments Group Ltd. lessened its position in Integer Holdings Co. (NYSE:ITGR - Free Report) by 76.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,886 shares of the medical equipment provider's stock after selling 19,440 shares during the period. Russell Investments Group Ltd.'s holdings in Integer were worth $780,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Riverwater Partners LLC acquired a new position in Integer during the 4th quarter valued at about $1,588,000. HighPoint Advisor Group LLC increased its stake in Integer by 6.4% during the 4th quarter. HighPoint Advisor Group LLC now owns 1,684 shares of the medical equipment provider's stock valued at $234,000 after buying an additional 101 shares during the period. Alliancebernstein L.P. increased its stake in Integer by 1.0% during the 4th quarter. Alliancebernstein L.P. now owns 42,781 shares of the medical equipment provider's stock valued at $5,669,000 after buying an additional 410 shares during the period. New Age Alpha Advisors LLC acquired a new position in Integer during the 4th quarter valued at about $249,000. Finally, Loomis Sayles & Co. L P increased its stake in Integer by 3.8% during the 4th quarter. Loomis Sayles & Co. L P now owns 558,715 shares of the medical equipment provider's stock valued at $74,041,000 after buying an additional 20,688 shares during the period. Institutional investors and hedge funds own 99.29% of the company's stock.

Integer Stock Down 0.5 %

Shares of ITGR stock traded down $0.58 during trading on Monday, hitting $122.83. 534,414 shares of the company were exchanged, compared to its average volume of 346,168. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.09 and a current ratio of 2.95. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 36.56, a P/E/G ratio of 1.72 and a beta of 1.09. The business's 50-day simple moving average is $119.17 and its 200 day simple moving average is $130.23. Integer Holdings Co. has a twelve month low of $104.93 and a twelve month high of $146.36.

Integer (NYSE:ITGR - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The medical equipment provider reported $1.31 EPS for the quarter, topping the consensus estimate of $1.27 by $0.04. The business had revenue of $437.39 million during the quarter, compared to analysts' expectations of $428.51 million. Integer had a net margin of 6.92% and a return on equity of 11.65%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. As a group, analysts forecast that Integer Holdings Co. will post 6.01 EPS for the current fiscal year.

Analysts Set New Price Targets

ITGR has been the topic of several recent research reports. Truist Financial set a $150.00 price objective on shares of Integer and gave the stock a "buy" rating in a research note on Friday. Benchmark lowered their price objective on shares of Integer from $150.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday. StockNews.com cut shares of Integer from a "hold" rating to a "sell" rating in a research note on Friday. KeyCorp lowered their price objective on shares of Integer from $154.00 to $145.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Finally, Oppenheimer cut shares of Integer from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $145.56.

About Integer

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.