139,289 Shares in Inter & Co. Inc. $INTR Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new position in Inter & Co. Inc. (NASDAQ:INTR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 139,289 shares of the company’s stock, valued at approximately $1,181,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wasatch Advisors LP bought a new position in Inter & Co. Inc. in the 3rd quarter valued at approximately $52,433,000. William Blair Investment Management LLC lifted its position in Inter & Co. Inc. by 60.6% in the 4th quarter. William Blair Investment Management LLC now owns 5,595,196 shares of the company’s stock valued at $47,447,000 after acquiring an additional 2,110,861 shares in the last quarter. SPX Gestao de Recursos Ltda bought a new position in Inter & Co. Inc. in the 3rd quarter valued at approximately $18,930,000. Sei Investments Co. lifted its position in Inter & Co. Inc. by 10,681.6% in the 2nd quarter. Sei Investments Co. now owns 1,683,012 shares of the company’s stock valued at $12,505,000 after acquiring an additional 1,667,402 shares in the last quarter. Finally, Samlyn Capital LLC lifted its position in Inter & Co. Inc. by 19.9% in the 3rd quarter. Samlyn Capital LLC now owns 8,515,741 shares of the company’s stock valued at $78,600,000 after acquiring an additional 1,415,601 shares in the last quarter. Hedge funds and other institutional investors own 22.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Inter & Co. Inc. in a research report on Friday, March 27th. The Goldman Sachs Group lowered their price objective on Inter & Co. Inc. from $13.00 to $11.50 and set a “buy” rating on the stock in a research report on Friday, May 8th. Citigroup cut Inter & Co. Inc. from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $12.00 to $6.50 in a research report on Monday, May 18th. Wall Street Zen cut Inter & Co. Inc. from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, UBS Group lowered their price objective on Inter & Co. Inc. from $10.40 to $9.40 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Inter & Co. Inc. presently has a consensus rating of “Moderate Buy” and an average target price of $9.28.

Inter & Co. Inc. Price Performance

NASDAQ INTR opened at $5.57 on Tuesday. The business’s fifty day moving average price is $7.13 and its 200-day moving average price is $8.11. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 0.23 and a beta of 0.91. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.91 and a quick ratio of 0.91. Inter & Co. Inc. has a 1-year low of $5.53 and a 1-year high of $10.36.

Inter & Co. Inc. (NASDAQ:INTR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $437.96 million for the quarter, compared to analysts’ expectations of $495.33 million. Inter & Co. Inc. had a return on equity of 14.34% and a net margin of 12.24%. On average, equities analysts predict that Inter & Co. Inc. will post 0.77 earnings per share for the current year.

Inter & Co. Inc. 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.