WINTON GROUP Ltd decreased its position in shares of Inter & Co, Inc. (NASDAQ:INTR – Free Report) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,146 shares of the company’s stock after selling 2,364 shares during the quarter. WINTON GROUP Ltd’s holdings in Inter & Co, Inc. were worth $575,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in shares of Inter & Co, Inc. by 6,054.6% during the 4th quarter. US Bancorp DE now owns 5,970 shares of the company’s stock worth $25,000 after acquiring an additional 5,873 shares during the period. Savant Capital LLC bought a new stake in Inter & Co, Inc. during the fourth quarter worth $42,000. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of 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 valued at $52,000 after purchasing an additional 5,500 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Inter & Co, Inc. by 17.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 16,024 shares of the company’s stock valued at $68,000 after purchasing an additional 2,399 shares during the last quarter. Finally, Atom Investors LP bought a new position in shares of Inter & Co, Inc. in the 3rd quarter valued at $71,000. 22.90% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
INTR has been the topic of several research analyst reports. Morgan Stanley reduced their price objective on Inter & Co, Inc. from $4.50 to $4.00 and set an “underweight” rating on the stock in a research note on Monday, March 17th. JPMorgan Chase & Co. reduced their price target on shares of Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research note 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $6.78.
Inter & Co, Inc. Price Performance
Inter & Co, Inc. stock opened at $5.65 on Friday. The stock has a 50-day moving average price of $5.37 and a two-hundred day moving average price of $5.54. Inter & Co, Inc. has a 12 month low of $3.88 and a 12 month high of $7.84. The company has a market capitalization of $2.45 billion, a PE ratio of 14.49 and a beta of 1.31. The company has a current ratio of 0.85, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01.
Inter & Co, Inc. (NASDAQ:INTR – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.06%. Analysts expect that Inter & Co, Inc. will post 0.48 EPS for the current year.
Inter & Co, Inc. Dividend Announcement
The business also recently disclosed an annual dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 17th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a yield of 0.5%. Inter & Co, Inc.’s payout ratio is 20.51%.
About Inter & Co, Inc.
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.
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