First National Bank of Omaha Sells 406 Shares of Integer Holdings Co. (NYSE:ITGR)

First National Bank of Omaha cut its position in shares of Integer Holdings Co. (NYSE:ITGR) by 1.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,321 shares of the medical equipment provider’s stock after selling 406 shares during the quarter. First National Bank of Omaha owned approximately 0.07% of Integer worth $3,032,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Contravisory Investment Management Inc. grew its position in Integer by 55.9% during the third quarter. Contravisory Investment Management Inc. now owns 223 shares of the medical equipment provider’s stock valued at $29,000 after acquiring an additional 80 shares during the last quarter. Huntington National Bank raised its position in Integer by 8,933.3% in the 3rd quarter. Huntington National Bank now owns 271 shares of the medical equipment provider’s stock worth $35,000 after purchasing an additional 268 shares during the period. Quest Partners LLC raised its position in Integer by 3,688.9% in the 2nd quarter. Quest Partners LLC now owns 341 shares of the medical equipment provider’s stock worth $39,000 after purchasing an additional 332 shares during the period. GAMMA Investing LLC boosted its position in Integer by 60.9% during the second quarter. GAMMA Investing LLC now owns 375 shares of the medical equipment provider’s stock valued at $43,000 after buying an additional 142 shares during the period. Finally, Innealta Capital LLC bought a new position in shares of Integer during the second quarter valued at about $110,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Integer Stock Performance

Shares of ITGR stock opened at $139.39 on Monday. The company has a quick ratio of 2.09, a current ratio of 3.28 and a debt-to-equity ratio of 0.67. The stock has a fifty day moving average of $132.63 and a 200 day moving average of $125.17. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 43.02, a PEG ratio of 2.02 and a beta of 1.12. Integer Holdings Co. has a 52 week low of $86.42 and a 52 week high of $142.76.

Integer (NYSE:ITGR) last posted its earnings results on Thursday, October 24th. The medical equipment provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07. Integer had a net margin of 6.70% and a return on equity of 11.63%. The firm had revenue of $431.42 million during the quarter, compared to analysts’ expectations of $440.59 million. During the same period last year, the company posted $1.27 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, research analysts expect that Integer Holdings Co. will post 5.33 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on ITGR. Bank of America boosted their target price on Integer from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, October 1st. Citigroup boosted their price objective on Integer from $124.00 to $130.00 and gave the company a “neutral” rating in a research report on Tuesday, October 1st. Piper Sandler restated an “overweight” rating and issued a $140.00 target price (up previously from $125.00) on shares of Integer in a report on Friday, October 25th. Truist Financial lowered their price target on shares of Integer from $150.00 to $147.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $160.00 price target on shares of Integer in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $142.00.

Integer Company Profile

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.