Lbp Am Sa Purchases Shares of 71,301 Inter & Co, Inc. (NASDAQ:INTR)

Lbp Am Sa acquired a new stake in shares of Inter & Co, Inc. (NASDAQ:INTR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 71,301 shares of the company’s stock, valued at approximately $301,000.

Other hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its position 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 period. Asset Management One Co. Ltd. lifted its position in shares of Inter & Co, Inc. by 18.3% in the 4th quarter. Asset Management One Co. Ltd. now owns 35,337 shares of the company’s stock valued at $150,000 after acquiring an additional 5,475 shares in the last quarter. 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. US Bancorp DE grew its position in 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 purchasing an additional 5,873 shares in the last quarter. Finally, Savant Capital LLC purchased a new stake in shares of Inter & Co, Inc. in the fourth quarter valued at $42,000. Institutional investors and hedge funds own 22.90% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price target on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a research report on Friday, January 24th.

Inter & Co, Inc. Trading Up 6.5 %

Inter & Co, Inc. stock opened at $5.91 on Monday. Inter & Co, Inc. has a 12 month low of $3.88 and a 12 month high of $7.84. The company has a quick ratio of 0.87, a current ratio of 0.85 and a debt-to-equity ratio of 0.01. The stock has a market cap of $2.57 billion, a P/E ratio of 15.15 and a beta of 1.31. The company’s fifty day simple moving average is $5.10 and its 200-day simple moving average is $5.63.

Inter & Co, Inc. (NASDAQ:INTR) last issued its earnings results on Thursday, February 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Inter & Co, Inc. had a return on equity of 10.06% and a net margin of 11.74%. As a group, sell-side analysts forecast that Inter & Co, Inc. will post 0.48 EPS for the current fiscal year.

Inter & Co, Inc. Announces Dividend

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

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.