Inter & Co. Inc. $INTR Stock Holdings Lifted by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Inter & Co. Inc. (NASDAQ:INTR) by 7.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,433,539 shares of the company’s stock after buying an additional 170,649 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Inter & Co. Inc. were worth $19,371,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Hsbc Holdings PLC acquired a new stake in Inter & Co. Inc. during the first quarter worth about $1,849,000. Lansforsakringar Fondforvaltning AB publ bought a new position in Inter & Co. Inc. in the first quarter worth about $454,000. Caitong International Asset Management Co. Ltd boosted its stake in Inter & Co. Inc. by 27,583.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 13,288 shares of the company’s stock valued at $113,000 after acquiring an additional 13,240 shares during the period. XTX Topco Ltd boosted its stake in Inter & Co. Inc. by 40.7% in the fourth quarter. XTX Topco Ltd now owns 169,965 shares of the company’s stock valued at $1,441,000 after acquiring an additional 49,145 shares during the period. Finally, Voloridge Investment Management LLC grew its holdings in shares of Inter & Co. Inc. by 36.6% during the fourth quarter. Voloridge Investment Management LLC now owns 897,707 shares of the company’s stock valued at $7,613,000 after purchasing an additional 240,693 shares during the last quarter. Institutional investors own 22.90% of the company’s stock.

Inter & Co. Inc. Price Performance

NASDAQ INTR opened at $5.82 on Monday. The company has a 50-day moving average price of $5.93 and a two-hundred day moving average price of $7.60. Inter & Co. Inc. has a 52 week low of $5.16 and a 52 week high of $10.36. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 0.23 and a beta of 0.95. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.07.

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 analysts’ consensus estimates of $0.17. The company had revenue of $437.95 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%. Analysts forecast that Inter & Co. Inc. will post 0.77 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on INTR. Weiss Ratings reiterated a “hold (c+)” rating on shares of Inter & Co. Inc. in a research report on Wednesday, June 24th. The Goldman Sachs Group reduced their price objective on Inter & Co. Inc. from $13.00 to $11.50 and set a “buy” rating for the company in a research report on Friday, May 8th. Wall Street Zen downgraded Inter & Co. Inc. from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. UBS Group dropped their target price 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. Finally, JPMorgan Chase & Co. cut their target price on Inter & Co. Inc. from $11.00 to $9.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Inter & Co. Inc. has a consensus rating of “Moderate Buy” and an average price target of $9.28.

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.