ValuEngine upgraded shares of Integer (NYSE:ITGR) from a hold rating to a buy rating in a research note published on Friday, February 2nd.
A number of other brokerages also recently weighed in on ITGR. TheStreet upgraded Integer from a c+ rating to a b- rating in a report on Wednesday, October 18th. Northcoast Research downgraded Integer from a buy rating to a neutral rating in a report on Monday, October 23rd. They noted that the move was a valuation call. BidaskClub downgraded Integer from a strong-buy rating to a buy rating in a report on Saturday, October 28th. Royal Bank of Canada restated a neutral rating on shares of Integer in a report on Friday, October 27th. Finally, Zacks Investment Research upgraded 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. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of $51.00.
Integer (NYSE:ITGR) opened at $44.45 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.58 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $1,398.22, a P/E ratio of 70.79, a P/E/G ratio of 0.93 and a beta of 1.05. Integer has a 12 month low of $33.90 and a 12 month high of $55.20.
In related news, VP Timothy G. Mcevoy sold 3,500 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $49.35, for a total transaction of $172,725.00. Following the sale, the vice president now directly owns 32,401 shares in the company, valued at approximately $1,598,989.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph W. Dziedzic sold 3,182 shares of the business’s stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total value of $142,839.98. Following the sale, the chief executive officer now owns 21,351 shares in the company, valued at $958,446.39. The disclosure for this sale can be found here. In the last three months, insiders sold 69,876 shares of company stock worth $3,259,136. Insiders own 4.80% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Meeder Asset Management Inc. increased its stake in Integer by 411.1% in the 3rd quarter. Meeder Asset Management Inc. now owns 2,034 shares of the medical equipment provider’s stock worth $104,000 after acquiring an additional 1,636 shares during the last quarter. Zions Bancorporation bought a new position in Integer in the 3rd quarter worth about $174,000. LS Investment Advisors LLC increased its stake in Integer by 298.1% in the 4th quarter. LS Investment Advisors LLC now owns 4,339 shares of the medical equipment provider’s stock worth $197,000 after acquiring an additional 3,249 shares during the last quarter. Capital Fund Management S.A. bought a new position in Integer in the 4th quarter worth about $204,000. Finally, Amalgamated Bank bought a new position in Integer in the 3rd quarter worth about $212,000. Institutional investors and hedge funds own 95.57% of the company’s stock.
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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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