XTX Topco Ltd Sells 14,115 Shares of Inter & Co, Inc. (NASDAQ:INTR)

XTX Topco Ltd decreased its holdings in Inter & Co, Inc. (NASDAQ:INTR) by 52.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 12,706 shares of the company’s stock after selling 14,115 shares during the quarter. XTX Topco Ltd’s holdings in Inter & Co, Inc. were worth $78,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Fourth Sail Capital LP bought a new position in Inter & Co, Inc. in the first quarter valued at about $9,155,000. Quadrature Capital Ltd lifted its holdings in shares of Inter & Co, Inc. by 496.8% in the fourth quarter. Quadrature Capital Ltd now owns 69,518 shares of the company’s stock worth $387,000 after acquiring an additional 57,870 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Inter & Co, Inc. in the 1st quarter valued at approximately $346,000. Finally, Bayesian Capital Management LP bought a new stake in shares of Inter & Co, Inc. during the 1st quarter valued at approximately $180,000. Institutional investors and hedge funds own 22.90% of the company’s stock.

Inter & Co, Inc. Stock Performance

Inter & Co, Inc. stock opened at $6.54 on Wednesday. Inter & Co, Inc. has a 1 year low of $3.52 and a 1 year high of $7.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $2.84 billion, a P/E ratio of 28.96 and a beta of 1.51. The business has a 50 day moving average of $7.06 and a 200-day moving average of $6.31.

Inter & Co, Inc. (NASDAQ:INTR) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. Inter & Co, Inc. had a return on equity of 7.85% and a net margin of 8.85%. The company had revenue of $283.71 million during the quarter, compared to analysts’ expectations of $264.62 million. On average, equities research analysts predict that Inter & Co, Inc. will post 0.37 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on INTR shares. Citigroup assumed coverage on shares of Inter & Co, Inc. in a research note on Tuesday, June 25th. They issued a “buy” rating and a $6.80 price objective for the company. UBS Group increased their price target on Inter & Co, Inc. from $6.50 to $8.00 and gave the company a “buy” rating in a research note on Friday, August 9th.

About Inter & Co, Inc.

Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.