WINTON GROUP Ltd purchased a new stake in shares of Inter & Co. Inc. (NASDAQ:INTR – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 139,289 shares of the company’s stock, valued at approximately $1,181,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in shares of Inter & Co. Inc. during the 4th quarter valued at $92,000. State of Wyoming purchased a new position in Inter & Co. Inc. during the fourth quarter valued at $122,000. SG Americas Securities LLC bought a new stake in Inter & Co. Inc. during the fourth quarter valued at about $123,000. Russell Investments Group Ltd. bought a new stake in Inter & Co. Inc. during the second quarter valued at about $188,000. Finally, Dark Forest Capital Management LP grew its holdings in Inter & Co. Inc. by 74.2% during the third quarter. Dark Forest Capital Management LP now owns 26,918 shares of the company’s stock valued at $248,000 after purchasing an additional 11,465 shares during the period. 22.90% of the stock is owned by institutional investors.
Inter & Co. Inc. Trading Down 1.8%
Shares of INTR stock opened at $5.57 on Tuesday. Inter & Co. Inc. has a 52-week low of $5.53 and a 52-week high of $10.36. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $2.46 billion, a PE ratio of 9.28, a PEG ratio of 0.23 and a beta of 0.91. The stock has a fifty day simple moving average of $7.13 and a two-hundred day simple moving average of $8.11.
Wall Street Analyst Weigh In
INTR has been the subject of several recent research reports. UBS Group cut their price target on Inter & Co. Inc. from $10.40 to $9.40 and set a “buy” rating for the company in a report on Wednesday, June 3rd. JPMorgan Chase & Co. cut their price target on Inter & Co. Inc. from $11.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Inter & Co. Inc. in a report on Friday, March 27th. Wall Street Zen lowered Inter & Co. Inc. from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Citigroup lowered Inter & Co. Inc. from a “buy” rating to a “neutral” rating and cut their price target for the company from $12.00 to $6.50 in a report on Monday, May 18th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $9.28.
View Our Latest Stock Report on Inter & Co. Inc.
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.
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