Knights of Columbus Asset Advisors LLC Acquires 23,370 Shares of Integer Holdings Co. (NYSE:ITGR)

Knights of Columbus Asset Advisors LLC increased its holdings in Integer Holdings Co. (NYSE:ITGR) by 94.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,082 shares of the medical equipment provider’s stock after buying an additional 23,370 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.14% of Integer worth $4,764,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. grew its position in shares of Integer by 0.6% in the first quarter. BlackRock Inc. now owns 6,018,773 shares of the medical equipment provider’s stock valued at $484,933,000 after purchasing an additional 38,664 shares in the last quarter. Vanguard Group Inc. boosted its stake in Integer by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,843,992 shares of the medical equipment provider’s stock worth $301,484,000 after purchasing an additional 15,300 shares during the period. Victory Capital Management Inc. grew its holdings in Integer by 8.9% during the 3rd quarter. Victory Capital Management Inc. now owns 1,632,549 shares of the medical equipment provider’s stock valued at $128,041,000 after buying an additional 133,898 shares in the last quarter. State Street Corp increased its position in shares of Integer by 1.6% during the second quarter. State Street Corp now owns 1,356,627 shares of the medical equipment provider’s stock valued at $120,211,000 after buying an additional 21,795 shares during the period. Finally, Macquarie Group Ltd. lifted its holdings in shares of Integer by 0.3% in the first quarter. Macquarie Group Ltd. now owns 972,726 shares of the medical equipment provider’s stock worth $75,386,000 after buying an additional 3,361 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ITGR shares. Benchmark boosted their price objective on shares of Integer from $105.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, March 28th. KeyCorp increased their price objective on Integer from $123.00 to $139.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 9th. CL King began coverage on Integer in a research report on Thursday, March 14th. They set a “buy” rating and a $137.00 target price for the company. Finally, Bank of America raised Integer from a “neutral” rating to a “buy” rating and raised their price target for the company from $105.00 to $135.00 in a report on Monday, April 15th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Integer presently has an average rating of “Moderate Buy” and a consensus target price of $120.50.

Integer Trading Down 1.1 %

NYSE ITGR opened at $116.58 on Friday. The company has a quick ratio of 1.71, a current ratio of 2.80 and a debt-to-equity ratio of 0.64. The stock’s 50-day simple moving average is $111.82 and its two-hundred day simple moving average is $98.49. Integer Holdings Co. has a twelve month low of $69.40 and a twelve month high of $121.53. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 43.34, a PEG ratio of 1.63 and a beta of 1.10.

Integer (NYSE:ITGR) last announced its quarterly earnings data on Thursday, February 15th. The medical equipment provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.05. The company had revenue of $413.15 million for the quarter, compared to analysts’ expectations of $409.04 million. Integer had a return on equity of 10.80% and a net margin of 5.68%. Integer’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the firm posted $1.11 EPS. Research analysts forecast that Integer Holdings Co. will post 5.31 EPS for the current fiscal year.

About Integer

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.