Public Employees Retirement System of Ohio Purchases 4,177 Shares of Integer Holdings Corporation $ITGR

Public Employees Retirement System of Ohio grew its holdings in shares of Integer Holdings Corporation (NYSE:ITGR) by 19.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,185 shares of the medical equipment provider’s stock after purchasing an additional 4,177 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.08% of Integer worth $2,304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Salomon & Ludwin LLC increased its stake in shares of Integer by 46.8% in the 4th quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock worth $29,000 after purchasing an additional 118 shares in the last quarter. Kestra Advisory Services LLC lifted its position in Integer by 0.6% during the fourth quarter. Kestra Advisory Services LLC now owns 21,424 shares of the medical equipment provider’s stock valued at $1,680,000 after purchasing an additional 136 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in Integer by 1.4% during the second quarter. Orion Porfolio Solutions LLC now owns 9,755 shares of the medical equipment provider’s stock valued at $1,200,000 after purchasing an additional 138 shares during the period. Lido Advisors LLC increased its position in Integer by 5.5% in the fourth quarter. Lido Advisors LLC now owns 2,887 shares of the medical equipment provider’s stock worth $226,000 after buying an additional 151 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV increased its position in Integer by 1.1% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 14,833 shares of the medical equipment provider’s stock worth $1,163,000 after buying an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ITGR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Integer in a research report on Thursday, June 18th. Citigroup lifted their price target on shares of Integer from $92.00 to $96.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. HC Wainwright reiterated a “buy” rating on shares of Integer in a research report on Friday, July 24th. KeyCorp reissued an “overweight” rating and issued a $104.00 price objective on shares of Integer in a research note on Tuesday, July 21st. Finally, Zacks Research upgraded shares of Integer from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Integer has an average rating of “Moderate Buy” and an average target price of $97.00.

Integer Trading Up 20.0%

Shares of ITGR opened at $121.07 on Friday. The company has a market cap of $4.11 billion, a P/E ratio of 30.19, a P/E/G ratio of 2.89 and a beta of 0.64. Integer Holdings Corporation has a twelve month low of $62.00 and a twelve month high of $123.50. The company’s fifty day simple moving average is $93.88 and its 200-day simple moving average is $88.95. The company has a current ratio of 3.75, a quick ratio of 2.38 and a debt-to-equity ratio of 0.77.

Integer (NYSE:ITGR) last announced its quarterly earnings data on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). Integer had a return on equity of 12.83% and a net margin of 7.64%.The firm had revenue of $439.58 million during the quarter, compared to the consensus estimate of $426.48 million. During the same period in the previous year, the business earned $1.31 EPS. The firm’s revenue for the quarter was up .5% on a year-over-year basis. As a group, analysts expect that Integer Holdings Corporation will post 6.04 EPS for the current year.

Integer Profile

Integer Holdings Corporation (NYSE: ITGR) is a global provider of outsourced medical device design, development and manufacturing solutions. The company partners with leading medical technology firms to deliver complex components, subsystems and finished devices across a range of therapeutic areas. Its services encompass concept and product design, precision machining, microelectronic assembly, terminal sterilization and regulatory support, enabling customers to accelerate time to market and optimize product performance.

Integer’s product portfolio is organized into two core segments: Advanced Delivery and MedTech.