UBS Group restated their buy rating on shares of Inter & Co. Inc. (NASDAQ:INTR - Free Report) in a report published on Tuesday, MarketBeat Ratings reports. They currently have a $9.20 target price on the stock, up from their previous target price of $8.10.
Inter & Co. Inc. Stock Down 0.1%
Shares of INTR traded down $0.01 during midday trading on Tuesday, hitting $8.17. The company had a trading volume of 3,516,011 shares, compared to its average volume of 2,869,494. The company's 50 day moving average price is $7.15 and its 200 day moving average price is $6.35. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 0.41 and a beta of 1.12. Inter & Co. Inc. has a 52 week low of $3.88 and a 52 week high of $8.37. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.06.
Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $365.45 million during the quarter, compared to the consensus estimate of $2.04 billion. Inter & Co. Inc. had a net margin of 12.55% and a return on equity of 11.85%. On average, equities research analysts predict that Inter & Co. Inc. will post 0.48 EPS for the current year.
Institutional Investors Weigh In On Inter & Co. Inc.
Several hedge funds and other institutional investors have recently modified their holdings of INTR. Alliancebernstein L.P. bought a new stake in shares of Inter & Co. Inc. in the 4th quarter worth about $1,306,000. Geode Capital Management LLC increased its position in shares of Inter & Co. Inc. by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,678,825 shares of the company's stock worth $7,047,000 after purchasing an additional 5,992 shares during the last quarter. Legal & General Group Plc increased its position in shares of Inter & Co. Inc. by 5.6% in the 4th quarter. Legal & General Group Plc now owns 1,163,752 shares of the company's stock worth $4,911,000 after purchasing an additional 61,219 shares during the last quarter. Mariner LLC acquired a new position in shares of Inter & Co. Inc. in the 4th quarter valued at about $211,000. Finally, XTX Topco Ltd acquired a new position in shares of Inter & Co. Inc. in the 4th quarter valued at about $502,000. Institutional investors own 22.90% of the company's stock.
Inter & Co. Inc. Company Profile
(
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Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.
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