BIT Capital GmbH Has $2.53 Million Stake in Inter & Co, Inc. (NASDAQ:INTR)

BIT Capital GmbH reduced its stake in shares of Inter & Co, Inc. (NASDAQ:INTR) by 48.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 598,629 shares of the company’s stock after selling 569,070 shares during the quarter. BIT Capital GmbH owned about 0.14% of Inter & Co, Inc. worth $2,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Inter & Co, Inc. by 6.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246,174 shares of the company’s stock worth $985,000 after acquiring an additional 14,192 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Inter & Co, Inc. in the fourth quarter worth $187,000. American Century Companies Inc. boosted its position in shares of Inter & Co, Inc. by 9.3% during the fourth quarter. American Century Companies Inc. now owns 216,890 shares of the company’s stock worth $915,000 after purchasing an additional 18,422 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Inter & Co, Inc. by 46.6% in the 4th quarter. Quantbot Technologies LP now owns 308,018 shares of the company’s stock valued at $1,300,000 after buying an additional 97,928 shares during the period. Finally, Royal London Asset Management Ltd. bought a new stake in shares of Inter & Co, Inc. in the 4th quarter valued at $432,000. 22.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their target price on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating for the company in a research note on Friday, January 24th. Morgan Stanley decreased their price objective on Inter & Co, Inc. from $4.50 to $4.00 and set an “underweight” rating for the company in a research report on Monday, March 17th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat, Inter & Co, Inc. has an average rating of “Moderate Buy” and a consensus price target of $6.78.

Inter & Co, Inc. Price Performance

Shares of NASDAQ INTR opened at $5.68 on Thursday. The company has a fifty day moving average price of $5.33 and a 200 day moving average price of $5.55. The firm has a market cap of $2.47 billion, a PE ratio of 14.56 and a beta of 1.31. The company has a current ratio of 0.85, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. Inter & Co, Inc. has a 1-year low of $3.88 and a 1-year high of $7.84.

Inter & Co, Inc. (NASDAQ:INTR) last posted its quarterly earnings data 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%. Research analysts predict that Inter & Co, Inc. will post 0.48 earnings per share for the current fiscal year.

Inter & Co, Inc. Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, February 26th. Stockholders of record on Monday, February 17th were paid 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.