Ameriprise Financial Inc. Acquires 84,323 Shares of Integer Holdings Co. (ITGR)

Ameriprise Financial Inc. grew its holdings in Integer Holdings Co. (NASDAQ:ITGR) by 57.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 230,937 shares of the medical equipment provider’s stock after purchasing an additional 84,323 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.74% of Integer Holdings worth $9,990,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Louisiana State Employees Retirement System raised its holdings in shares of Integer Holdings by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the medical equipment provider’s stock valued at $489,000 after purchasing an additional 100 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Integer Holdings by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 14,524 shares of the medical equipment provider’s stock valued at $628,000 after purchasing an additional 100 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Integer Holdings by 0.4% in the 1st quarter. Legal & General Group Plc now owns 51,063 shares of the medical equipment provider’s stock valued at $2,053,000 after purchasing an additional 197 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in shares of Integer Holdings by 5.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,580 shares of the medical equipment provider’s stock valued at $285,000 after purchasing an additional 340 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its holdings in shares of Integer Holdings by 1.8% in the 2nd quarter. Hanson & Doremus Investment Management now owns 19,784 shares of the medical equipment provider’s stock valued at $856,000 after purchasing an additional 355 shares in the last quarter.

Shares of Integer Holdings Co. (NASDAQ ITGR) opened at 54.25 on Friday. Integer Holdings Co. has a 12-month low of $18.10 and a 12-month high of $54.65. The stock has a 50 day moving average of $48.86 and a 200 day moving average of $43.33. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 93.21 and a beta of 1.30.

Integer Holdings (NASDAQ:ITGR) last posted its quarterly earnings data on Thursday, July 27th. The medical equipment provider reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by ($0.11). The firm had revenue of $363.00 million for the quarter, compared to analyst estimates of $353.68 million. During the same period last year, the firm posted $0.56 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. Analysts forecast that Integer Holdings Co. will post $2.75 earnings per share for the current year.

In other news, insider John A. Harris sold 1,261 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $45.40, for a total value of $57,249.40. Following the completion of the transaction, the insider now owns 2,064 shares of the company’s stock, valued at $93,705.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Several equities research analysts have recently commented on ITGR shares. Zacks Investment Research lowered shares of Integer Holdings from a “hold” rating to a “sell” rating in a report on Monday, August 28th. BidaskClub upgraded shares of Integer Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Royal Bank Of Canada restated a “hold” rating and issued a $40.00 price target on shares of Integer Holdings in a report on Friday, September 22nd. Finally, KeyCorp restated an “overweight” rating and issued a $62.00 price target (up previously from $51.00) on shares of Integer Holdings in a report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $51.00.

TRADEMARK VIOLATION WARNING: “Ameriprise Financial Inc. Acquires 84,323 Shar

Several other large investors have also bought and sold shares of the company. Louisiana State Employees Retirement System raised its holdings in shares of Integer Holdings by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the medical equipment provider’s stock valued at $489,000 after purchasing an additional 100 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Integer Holdings by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 14,524 shares of the medical equipment provider’s stock valued at $628,000 after purchasing an additional 100 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Integer Holdings by 0.4% in the 1st quarter. Legal & General Group Plc now owns 51,063 shares of the medical equipment provider’s stock valued at $2,053,000 after purchasing an additional 197 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its holdings in shares of Integer Holdings by 5.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,580 shares of the medical equipment provider’s stock valued at $285,000 after purchasing an additional 340 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its holdings in shares of Integer Holdings by 1.8% in the 2nd quarter. Hanson & Doremus Investment Management now owns 19,784 shares of the medical equipment provider’s stock valued at $856,000 after purchasing an additional 355 shares in the last quarter.

Shares of Integer Holdings Co. (NASDAQ ITGR) opened at 54.25 on Friday. Integer Holdings Co. has a 12-month low of $18.10 and a 12-month high of $54.65. The stock has a 50 day moving average of $48.86 and a 200 day moving average of $43.33. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 93.21 and a beta of 1.30.

Integer Holdings (NASDAQ:ITGR) last posted its quarterly earnings data on Thursday, July 27th. The medical equipment provider reported $0.62 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by ($0.11). The firm had revenue of $363.00 million for the quarter, compared to analyst estimates of $353.68 million. During the same period last year, the firm posted $0.56 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. Analysts forecast that Integer Holdings Co. will post $2.75 earnings per share for the current year.

In other news, insider John A. Harris sold 1,261 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $45.40, for a total value of $57,249.40. Following the completion of the transaction, the insider now owns 2,064 shares of the company’s stock, valued at $93,705.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Several equities research analysts have recently commented on ITGR shares. Zacks Investment Research lowered shares of Integer Holdings from a “hold” rating to a “sell” rating in a report on Monday, August 28th. BidaskClub upgraded shares of Integer Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Royal Bank Of Canada restated a “hold” rating and issued a $40.00 price target on shares of Integer Holdings in a report on Friday, September 22nd. Finally, KeyCorp restated an “overweight” rating and issued a $62.00 price target (up previously from $51.00) on shares of Integer Holdings in a report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $51.00.

TRADEMARK VIOLATION WARNING: “Ameriprise Financial Inc. Acquires 84,323 Shares of Integer Holdings Co. (ITGR)” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/13/ameriprise-financial-inc-acquires-84323-shares-of-integer-holdings-co-itgr.html.

Integer Holdings Profile

Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.

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Institutional Ownership by Quarter for Integer Holdings (NASDAQ:ITGR)

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