Diamond Hill Capital Management Inc. decreased its stake in shares of Integer Holdings Co. (NASDAQ:ITGR) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,046 shares of the medical equipment provider’s stock after selling 21,330 shares during the period. Diamond Hill Capital Management Inc. owned about 0.97% of Integer Holdings worth $13,063,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Great West Life Assurance Co. Can increased its stake in Integer Holdings by 3.2% in the first quarter. Great West Life Assurance Co. Can now owns 38,332 shares of the medical equipment provider’s stock worth $1,538,000 after buying an additional 1,204 shares in the last quarter. Emerald Advisers Inc. PA increased its stake in Integer Holdings by 8.3% in the first quarter. Emerald Advisers Inc. PA now owns 551,360 shares of the medical equipment provider’s stock worth $22,165,000 after buying an additional 42,156 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its stake in Integer Holdings by 0.6% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 383,965 shares of the medical equipment provider’s stock worth $15,435,000 after buying an additional 2,296 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp purchased a new stake in Integer Holdings during the first quarter worth approximately $1,404,000. Finally, Nationwide Fund Advisors increased its stake in Integer Holdings by 7.8% in the first quarter. Nationwide Fund Advisors now owns 24,089 shares of the medical equipment provider’s stock worth $968,000 after buying an additional 1,734 shares in the last quarter.
Shares of Integer Holdings Co. (NASDAQ:ITGR) traded up 1.70% during midday trading on Friday, hitting $44.90. The stock had a trading volume of 272,482 shares. Integer Holdings Co. has a 52 week low of $18.10 and a 52 week high of $47.09. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 77.15 and a beta of 1.30. The stock has a 50 day moving average price of $44.30 and a 200-day moving average price of $39.56.
Integer Holdings (NASDAQ:ITGR) last announced its quarterly earnings data on Thursday, July 27th. The medical equipment provider reported $0.62 EPS for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.11. The business had revenue of $363 million during the quarter, compared to analysts’ expectations of $353.68 million. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 EPS. Equities research analysts anticipate that Integer Holdings Co. will post $2.76 earnings per share for the current year.
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A number of analysts have recently commented on the company. Zacks Investment Research downgraded Integer Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, May 30th. Royal Bank Of Canada reissued a “hold” rating and issued a $35.00 price objective on shares of Integer Holdings in a research note on Friday, April 21st. Finally, Craig Hallum downgraded Integer Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th.
In other news, insider Jennifer M. Bolt sold 3,626 shares of the stock in a transaction on Monday, June 5th. The stock was sold at an average price of $41.04, for a total value of $148,811.04. Following the transaction, the insider now owns 14,834 shares of the company’s stock, valued at approximately $608,787.36. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Integer Holdings 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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