Integer Holdings Co. (ITGR) Position Decreased by Algert Global LLC

Algert Global LLC reduced its position in shares of Integer Holdings Co. (NASDAQ:ITGR) by 14.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,437 shares of the medical equipment provider’s stock after selling 7,231 shares during the period. Algert Global LLC owned approximately 0.13% of Integer Holdings worth $1,792,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. increased its stake in shares of Integer Holdings by 47,202.7% in the first quarter. BlackRock Inc. now owns 3,523,578 shares of the medical equipment provider’s stock valued at $141,648,000 after buying an additional 3,516,129 shares during the last quarter. LSV Asset Management increased its stake in shares of Integer Holdings by 698.2% in the first quarter. LSV Asset Management now owns 624,209 shares of the medical equipment provider’s stock valued at $25,093,000 after buying an additional 546,009 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Integer Holdings by 9.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,398,157 shares of the medical equipment provider’s stock valued at $96,406,000 after buying an additional 205,292 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Integer Holdings by 5.6% in the first quarter. Vanguard Group Inc. now owns 2,719,174 shares of the medical equipment provider’s stock valued at $109,312,000 after buying an additional 144,771 shares during the last quarter. Finally, Emerald Advisers Inc. PA boosted its position 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 during the period.

Shares of Integer Holdings Co. (NASDAQ ITGR) traded down 0.67% on Friday, reaching $44.60. 171,129 shares of the company’s stock traded hands. The firm has a market cap of $1.41 billion, a P/E ratio of 76.63 and a beta of 1.30. Integer Holdings Co. has a one year low of $18.10 and a one year high of $47.09. The company’s 50-day moving average price is $44.59 and its 200 day moving average price is $40.06.

Integer Holdings (NASDAQ:ITGR) last released its quarterly earnings results on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.11. The company had revenue of $363 million for the quarter, compared to the consensus estimate of $353.68 million. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 earnings per share. On average, equities analysts forecast that Integer Holdings Co. will post $2.76 EPS for the current fiscal year.

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A number of research firms have issued reports on ITGR. Royal Bank Of Canada reiterated a “hold” rating and set a $35.00 price target on shares of Integer Holdings in a report on Friday, April 21st. Zacks Investment Research upgraded shares of Integer Holdings from a “sell” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Wednesday, May 3rd.

In other Integer Holdings news, insider Jennifer M. Bolt sold 3,626 shares of the stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $41.04, for a total transaction of $148,811.04. Following the transaction, the insider now directly owns 14,834 shares in the company, valued at approximately $608,787.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

About Integer Holdings

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.

Institutional Ownership by Quarter for Integer Holdings (NASDAQ:ITGR)

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