California Public Employees Retirement System raised its position in Integer Holdings Co. (NYSE:ITGR) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,570 shares of the medical equipment provider’s stock after purchasing an additional 3,379 shares during the period. California Public Employees Retirement System owned 0.34% of Integer worth $4,918,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the business. American Century Companies Inc. bought a new stake in shares of Integer during the 3rd quarter worth $3,788,000. Cornerstone Capital Management Holdings LLC. lifted its holdings in shares of Integer by 105.5% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 70,900 shares of the medical equipment provider’s stock worth $3,626,000 after acquiring an additional 36,400 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in Integer in the 3rd quarter worth $561,000. Ameriprise Financial Inc. raised its position in Integer by 27.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 295,270 shares of the medical equipment provider’s stock worth $15,102,000 after purchasing an additional 64,333 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in Integer by 16.2% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 149,670 shares of the medical equipment provider’s stock worth $7,656,000 after purchasing an additional 20,878 shares during the period. 95.76% of the stock is owned by hedge funds and other institutional investors.
In other Integer news, CEO Joseph W. Dziedzic sold 3,182 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total value of $142,839.98. Following the transaction, the chief executive officer now owns 21,351 shares in the company, valued at $958,446.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Declan Smyth sold 1,112 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total transaction of $49,917.68. Following the completion of the transaction, the insider now owns 11,656 shares in the company, valued at approximately $523,237.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,064 shares of company stock worth $631,333. 4.80% of the stock is owned by corporate insiders.
Integer Holdings Co. (NYSE ITGR) opened at $55.45 on Tuesday. The company has a market cap of $1,716.25, a price-to-earnings ratio of 26.92, a P/E/G ratio of 1.09 and a beta of 0.99. Integer Holdings Co. has a 52-week low of $33.90 and a 52-week high of $55.97. The company has a debt-to-equity ratio of 1.77, a current ratio of 2.55 and a quick ratio of 1.46.
Integer (NYSE:ITGR) last issued its earnings results on Thursday, February 22nd. The medical equipment provider reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.17. The company had revenue of $390.50 million for the quarter, compared to analysts’ expectations of $358.42 million. Integer had a net margin of 4.56% and a return on equity of 11.13%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 EPS. analysts forecast that Integer Holdings Co. will post 3.3 earnings per share for the current year.
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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