Inter & Co. Inc. (NASDAQ:INTR) Receives Consensus Rating of “Hold” from Analysts

Inter & Co. Inc. (NASDAQ:INTR) has been given a consensus rating of “Hold” by the five research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $9.00.

Several equities research analysts have recently commented on INTR shares. Itau BBA Securities cut Inter & Co. Inc. from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $11.00 to $10.00 in a research note on Wednesday, November 19th. Wall Street Zen raised shares of Inter & Co. Inc. from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group restated a “buy” rating and set a $12.00 price objective on shares of Inter & Co. Inc. in a research report on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Inter & Co. Inc. in a research note on Monday, December 29th.

Institutional Trading of Inter & Co. Inc.

Several hedge funds have recently modified their holdings of INTR. Farther Finance Advisors LLC purchased a new stake in shares of Inter & Co. Inc. in the third quarter valued at approximately $35,000. SBI Securities Co. Ltd. boosted its position in shares of Inter & Co. Inc. by 1,281.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 5,649 shares of the company’s stock worth $42,000 after purchasing an additional 5,240 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Inter & Co. Inc. by 15,133.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 7,312 shares of the company’s stock worth $62,000 after purchasing an additional 7,264 shares during the period. Barclays PLC purchased a new position in shares of Inter & Co. Inc. in the 4th quarter valued at about $63,000. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of Inter & Co. Inc. in the fourth quarter valued at about $92,000. 22.90% of the stock is owned by institutional investors and hedge funds.

Inter & Co. Inc. Stock Down 2.7%

INTR opened at $8.02 on Friday. The business has a 50 day moving average price of $8.84 and a two-hundred day moving average price of $8.81. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.08. The company has a market cap of $3.53 billion, a PE ratio of 14.85, a P/E/G ratio of 0.35 and a beta of 1.18. Inter & Co. Inc. has a 52 week low of $4.86 and a 52 week high of $10.36.

Inter & Co. Inc. (NASDAQ:INTR) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Inter & Co. Inc. had a return on equity of 13.54% and a net margin of 12.01%.The company had revenue of $404.31 million during the quarter, compared to analysts’ expectations of $441.78 million. As a group, research analysts anticipate that Inter & Co. Inc. will post 0.48 EPS for the current year.

Inter & Co. Inc. Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Thursday, March 5th. Shareholders of record on Sunday, February 22nd were issued a $0.1131 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a yield of 122.0%. This is a boost from Inter & Co. Inc.’s previous annual dividend of $0.08. Inter & Co. Inc.’s dividend payout ratio is presently 20.37%.

Inter & Co. Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application. The Securities segment is involved in the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market, and the provision of administration services to investment funds.