Axa boosted its stake in Integer Holdings Co. (NYSE:ITGR) by 36.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,200 shares of the medical equipment provider’s stock after purchasing an additional 40,800 shares during the quarter. Axa’s holdings in Integer were worth $6,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Zions Bancorporation bought a new position in Integer during the third quarter valued at approximately $174,000. LS Investment Advisors LLC grew its position in Integer by 298.1% during the fourth quarter. LS Investment Advisors LLC now owns 4,339 shares of the medical equipment provider’s stock valued at $197,000 after acquiring an additional 3,249 shares during the last quarter. Capital Fund Management S.A. bought a new position in Integer during the fourth quarter valued at approximately $204,000. Amalgamated Bank bought a new position in Integer during the third quarter valued at approximately $212,000. Finally, Bessemer Group Inc. bought a new position in Integer during the third quarter valued at approximately $220,000. 95.76% of the stock is currently owned by institutional investors and hedge funds.

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ITGR has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Integer from a “sell” rating to a “buy” rating and set a $51.00 price target on the stock in a research report on Wednesday, December 27th. TheStreet upgraded shares of Integer from a “c+” rating to a “b” rating in a research report on Monday. Finally, ValuEngine upgraded shares of Integer from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 7th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. Integer has a consensus rating of “Hold” and an average price target of $51.00.

In related news, CFO Gary J. Haire sold 731 shares of Integer stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total value of $32,814.59. Following the sale, the chief financial officer now owns 1,911 shares in the company, valued at $85,784.79. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Declan Smyth sold 1,112 shares of Integer stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total transaction of $49,917.68. Following the completion of the sale, the insider now owns 11,656 shares in the company, valued at approximately $523,237.84. The disclosure for this sale can be found here. Insiders sold 14,064 shares of company stock worth $631,333 in the last 90 days. Company insiders own 4.80% of the company’s stock.

Integer Holdings Co. (ITGR) opened at $57.10 on Thursday. The company has a quick ratio of 1.46, a current ratio of 2.55 and a debt-to-equity ratio of 1.77. Integer Holdings Co. has a fifty-two week low of $33.90 and a fifty-two week high of $57.45. The stock has a market cap of $1,790.00, a P/E ratio of 27.32, a PEG ratio of 1.12 and a beta of 0.99.

Integer (NYSE:ITGR) last issued its earnings results on Thursday, February 22nd. The medical equipment provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.17. Integer had a net margin of 4.56% and a return on equity of 11.13%. The firm had revenue of $390.50 million for the quarter, compared to analysts’ expectations of $358.42 million. During the same quarter last year, the business earned $0.87 earnings per share. The business’s revenue was up 8.6% on a year-over-year basis. research analysts forecast that Integer Holdings Co. will post 3.3 EPS for the current fiscal year.

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Integer 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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Institutional Ownership by Quarter for Integer (NYSE:ITGR)

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