Zions Bancorporation N.A. Has $4.16 Million Holdings in Integer Holdings Co. (NYSE:ITGR)

Zions Bancorporation N.A. lifted its holdings in shares of Integer Holdings Co. (NYSE:ITGR) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,413 shares of the medical equipment provider’s stock after buying an additional 5,095 shares during the quarter. Zions Bancorporation N.A. owned about 0.09% of Integer worth $4,163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Blue Trust Inc. boosted its holdings in Integer by 4.4% during the fourth quarter. Blue Trust Inc. now owns 1,689 shares of the medical equipment provider’s stock worth $220,000 after buying an additional 71 shares during the last quarter. Arizona State Retirement System boosted its stake in Integer by 0.9% during the 4th quarter. Arizona State Retirement System now owns 9,732 shares of the medical equipment provider’s stock worth $1,290,000 after acquiring an additional 84 shares during the last quarter. HighTower Advisors LLC grew its holdings in Integer by 0.8% during the third quarter. HighTower Advisors LLC now owns 12,041 shares of the medical equipment provider’s stock valued at $1,579,000 after purchasing an additional 90 shares during the period. Norden Group LLC increased its stake in Integer by 7.0% in the fourth quarter. Norden Group LLC now owns 1,668 shares of the medical equipment provider’s stock valued at $221,000 after purchasing an additional 109 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in Integer by 6.4% in the fourth quarter. Corient Private Wealth LLC now owns 1,969 shares of the medical equipment provider’s stock valued at $261,000 after purchasing an additional 118 shares in the last quarter. 99.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ITGR shares. Oppenheimer lowered shares of Integer from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $160.00 target price on shares of Integer in a research note on Tuesday, December 3rd. Citigroup increased their price target on Integer from $130.00 to $145.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th. Benchmark lifted their price objective on Integer from $140.00 to $150.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, KeyCorp increased their target price on Integer from $144.00 to $154.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Integer currently has a consensus rating of “Moderate Buy” and an average target price of $149.00.

Integer Trading Up 1.7 %

NYSE:ITGR opened at $117.13 on Tuesday. The company has a market cap of $3.94 billion, a P/E ratio of 34.86, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. Integer Holdings Co. has a twelve month low of $107.11 and a twelve month high of $146.36. The business has a 50 day moving average price of $132.23 and a two-hundred day moving average price of $132.29. The company has a quick ratio of 2.09, a current ratio of 2.95 and a debt-to-equity ratio of 0.62.

Integer (NYSE:ITGR) last announced its earnings results on Thursday, February 20th. The medical equipment provider reported $1.43 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.03). Integer had a return on equity of 11.65% and a net margin of 6.92%. The business had revenue of $449.50 million for the quarter, compared to analyst estimates of $446.28 million. As a group, analysts expect that Integer Holdings Co. will post 6.01 EPS for the current fiscal year.

About Integer

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.