Integer Holdings Co. (NYSE:ITGR) has been assigned a consensus rating of “Hold” from the eight research firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $62.00.
ITGR has been the topic of several analyst reports. TheStreet raised shares of Integer from a “c+” rating to a “b” rating in a research report on Monday, March 12th. ValuEngine raised shares of Integer from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Zacks Investment Research upgraded shares of Integer from a “sell” rating to a “buy” rating and set a $51.00 price target for the company in a report on Wednesday, December 27th.
Integer stock traded up $0.05 during trading on Monday, hitting $56.50. 106,008 shares of the stock traded hands, compared to its average volume of 207,401. The stock has a market capitalization of $1,800.79, a P/E ratio of 27.43, a P/E/G ratio of 1.14 and a beta of 0.99. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.46 and a current ratio of 2.55. Integer has a 1-year low of $33.90 and a 1-year high of $58.54.
In related news, CEO Joseph W. Dziedzic sold 3,182 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total transaction of $142,839.98. Following the completion of the sale, the chief executive officer now directly owns 21,351 shares in the company, valued at $958,446.39. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Gary J. Haire sold 731 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $44.89, for a total transaction of $32,814.59. Following the sale, the chief financial officer now owns 1,911 shares of the company’s stock, valued at $85,784.79. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,064 shares of company stock valued at $631,333. 4.80% of the stock is currently owned by corporate insiders.
Several hedge funds have recently bought and sold shares of the stock. Xact Kapitalforvaltning AB acquired a new stake in shares of Integer during the fourth quarter worth approximately $219,000. MetLife Investment Advisors LLC acquired a new stake in Integer in the fourth quarter valued at approximately $692,000. Gotham Asset Management LLC lifted its stake in Integer by 5.7% in the fourth quarter. Gotham Asset Management LLC now owns 185,723 shares of the medical equipment provider’s stock valued at $8,413,000 after acquiring an additional 9,951 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Integer by 22.2% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 12,930 shares of the medical equipment provider’s stock valued at $585,000 after acquiring an additional 2,350 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Integer in the fourth quarter valued at approximately $920,000. Institutional investors and hedge funds own 95.82% of the company’s stock.
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Integer Company Profile
Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.
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