1 week Ago By ABMN Staff
Pictet Asset Management Holding SA grew its stake in shares of Inter & Co, Inc. ( NASDAQ:INTR – Free Report ) by 11.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 177,197 shares of the company’s stock after buying an additional 18,190 shares during the period. Pictet Asset Management Holding SA’s holdings in Inter & Co, Inc. were worth $748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of INTR. The Manufacturers Life Insurance Company bought a new stake in Inter & Co, Inc. in the 3rd quarter valued at $163,000.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Inter & Co, Inc. in the third quarter worth about $4,874,000. Walleye Capital LLC purchased a new stake in shares of Inter & Co, Inc.
in the third quarter worth about $162,000. State Street Corp boosted its stake in Inter & Co, Inc. by 254.
0% during the third quarter. State Street Corp now owns 3,339,841 shares of the company’s stock valued at $22,243,000 after buying an additional 2,396,448 shares during the last quarter. Finally, Nomura Asset Management Co.
Ltd. purchased a new position in Inter & Co, Inc. during the 3rd quarter valued at approximately $180,000.
Hedge funds and other institutional investors own 22.90% of the company’s stock. Wall Street Analysts Forecast Growth INTR has been the topic of several recent research reports.
JPMorgan Chase & Co. decreased their price objective on Inter & Co, Inc. from $7.
20 to $7.10 and set an “overweight” rating on the stock in a report on Friday, January 24th. Morgan Stanley lowered their price objective on shares of Inter & Co, Inc.
from $4.50 to $4.00 and set an “underweight” rating for the company in a research report on Monday, March 17th.
One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $6.78.
Inter & Co, Inc. Stock Performance NASDAQ:INTR opened at $5.10 on Tuesday.
The firm has a market capitalization of $2.21 billion, a PE ratio of 13.08 and a beta of 1.
24. The stock’s fifty day moving average is $5.44 and its 200 day moving average is $5.
45. Inter & Co, Inc. has a fifty-two week low of $3.
88 and a fifty-two week high of $7.84. The company has a debt-to-equity ratio of 0.
01, a quick ratio of 0.87 and a current ratio of 0.85.
Inter & Co, Inc. ( NASDAQ:INTR – Get Free Report ) last announced its earnings results on Thursday, February 6th. The company reported $0.
11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01.
Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.
06%. On average, sell-side analysts anticipate that Inter & Co, Inc. will post 0.
48 earnings per share for the current year. Inter & Co, Inc. Dividend Announcement The company also recently disclosed an annual dividend, which was paid on Wednesday, February 26th.
Shareholders of record on Monday, February 17th were paid a $0.08 dividend. This represents a yield of 0.
5%. The ex-dividend date was Friday, February 14th. Inter & Co, Inc.
’s payout ratio is currently 20.51%. Inter & Co, Inc.
Company Profile ( Free Report ) 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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