Inter & Co, Inc. (NASDAQ:INTR) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its holdings in shares of Inter & Co, Inc. (NASDAQ:INTR) by 46.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 308,018 shares of the company’s stock after purchasing an additional 97,928 shares during the period. Quantbot Technologies LP owned approximately 0.07% of Inter & Co, Inc. worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in INTR. US Bancorp DE increased its stake in Inter & Co, Inc. by 6,054.6% in the 4th quarter. US Bancorp DE now owns 5,970 shares of the company’s stock worth $25,000 after purchasing an additional 5,873 shares in the last quarter. Savant Capital LLC purchased a new stake in shares of Inter & Co, Inc. in the 4th quarter valued at approximately $42,000. Skandinaviska Enskilda Banken AB publ boosted its stake in Inter & Co, Inc. by 78.6% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company’s stock worth $52,000 after purchasing an additional 5,500 shares during the period. Allspring Global Investments Holdings LLC grew its position in Inter & Co, Inc. by 17.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 16,024 shares of the company’s stock worth $68,000 after purchasing an additional 2,399 shares in the last quarter. Finally, Atom Investors LP purchased a new stake in shares of Inter & Co, Inc. in the third quarter valued at $71,000. 22.90% of the stock is currently owned by institutional investors.

Inter & Co, Inc. Stock Performance

Shares of NASDAQ INTR opened at $5.61 on Tuesday. Inter & Co, Inc. has a one year low of $3.88 and a one year high of $7.84. The business’s 50-day moving average price is $5.28 and its two-hundred day moving average price is $5.56. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.85 and a quick ratio of 0.87. The company has a market capitalization of $2.44 billion, a P/E ratio of 14.38 and a beta of 1.31.

Inter & Co, Inc. (NASDAQ:INTR) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a return on equity of 10.06% and a net margin of 11.74%. Analysts anticipate that Inter & Co, Inc. will post 0.48 earnings per share for the current fiscal year.

Inter & Co, Inc. Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 17th were paid a $0.08 dividend. This represents a dividend yield of 0.5%. The ex-dividend date was Friday, February 14th. Inter & Co, Inc.’s payout ratio is presently 20.51%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Morgan Stanley lowered their price target on Inter & Co, Inc. from $4.50 to $4.00 and set an “underweight” rating on the stock in a report on Monday, March 17th. JPMorgan Chase & Co. dropped their target price on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.78.

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.