WIM INVESTMENT MANAGEMENT Ltd Has $11.76 Million Stock Holdings in Inter & Co. Inc. $INTR

WIM INVESTMENT MANAGEMENT Ltd boosted its position in Inter & Co. Inc. (NASDAQ:INTR) by 41.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,386,400 shares of the company’s stock after buying an additional 405,000 shares during the quarter. Inter & Co. Inc. makes up about 3.0% of WIM INVESTMENT MANAGEMENT Ltd’s investment portfolio, making the stock its 10th biggest holding. WIM INVESTMENT MANAGEMENT Ltd’s holdings in Inter & Co. Inc. were worth $11,757,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in Inter & Co. Inc. by 0.3% in the second quarter. Geode Capital Management LLC now owns 444,505 shares of the company’s stock valued at $3,303,000 after buying an additional 1,303 shares during the last quarter. Creative Planning increased its holdings in Inter & Co. Inc. by 10.9% in the second quarter. Creative Planning now owns 43,704 shares of the company’s stock valued at $325,000 after buying an additional 4,312 shares during the last quarter. Legal & General Group Plc increased its holdings in Inter & Co. Inc. by 9.5% in the second quarter. Legal & General Group Plc now owns 107,453 shares of the company’s stock valued at $799,000 after buying an additional 9,328 shares during the last quarter. Dark Forest Capital Management LP increased its holdings in Inter & Co. Inc. by 74.2% in the third quarter. Dark Forest Capital Management LP now owns 26,918 shares of the company’s stock valued at $248,000 after buying an additional 11,465 shares during the last quarter. Finally, Mariner LLC increased its holdings in Inter & Co. Inc. by 6.7% in the third quarter. Mariner LLC now owns 199,649 shares of the company’s stock valued at $1,843,000 after buying an additional 12,481 shares during the last quarter. 22.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Inter & Co. Inc. from $11.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday. The Goldman Sachs Group lowered their price objective on Inter & Co. Inc. from $13.00 to $11.50 and set a “buy” rating for the company in a report on Friday, May 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Inter & Co. Inc. in a report on Friday, March 27th. UBS Group lowered their price objective on Inter & Co. Inc. from $11.90 to $10.40 and set a “buy” rating for the company in a report on Tuesday. Finally, Wall Street Zen raised Inter & Co. Inc. from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $10.23.

Inter & Co. Inc. Stock Performance

Shares of INTR stock opened at $6.14 on Thursday. Inter & Co. Inc. has a 52 week low of $5.91 and a 52 week high of $10.36. The company has a market cap of $2.71 billion, a P/E ratio of 10.23, a PEG ratio of 0.27 and a beta of 1.02. The business has a 50 day moving average of $7.92 and a two-hundred day moving average of $8.53. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.07.

Inter & Co. Inc. (NASDAQ:INTR) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. Inter & Co. Inc. had a return on equity of 14.34% and a net margin of 12.24%.The business had revenue of $437.96 million during the quarter, compared to analyst estimates of $495.33 million. As a group, analysts anticipate that Inter & Co. Inc. will post 0.76 EPS for the current year.

Inter & Co. Inc. Company Profile

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. The Securities segment is involved in the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market, and the provision of administration services to investment funds.