Samlyn Capital LLC Buys 196,355 Shares of Inter & Co, Inc. (NASDAQ:INTR)

Samlyn Capital LLC lifted its stake in Inter & Co, Inc. (NASDAQ:INTR) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,994,031 shares of the company’s stock after acquiring an additional 196,355 shares during the quarter. Samlyn Capital LLC owned 1.15% of Inter & Co, Inc. worth $30,713,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. WCM Investment Management LLC bought a new stake in shares of Inter & Co, Inc. in the first quarter worth approximately $14,762,000. Fourth Sail Capital LP purchased a new position in shares of Inter & Co, Inc. in the first quarter worth approximately $9,155,000. SPX Gestao de Recursos Ltda boosted its holdings in shares of Inter & Co, Inc. by 171.0% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 362,162 shares of the company’s stock worth $2,014,000 after buying an additional 228,528 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Inter & Co, Inc. in the second quarter worth approximately $1,954,000. Finally, Quadrature Capital Ltd boosted its holdings in shares of Inter & Co, Inc. by 46.6% in the first quarter. Quadrature Capital Ltd now owns 101,888 shares of the company’s stock worth $583,000 after buying an additional 32,370 shares during the last quarter. 22.90% of the stock is currently owned by institutional investors.

Inter & Co, Inc. Price Performance

Shares of NASDAQ:INTR opened at $6.89 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.91 and a quick ratio of 0.91. Inter & Co, Inc. has a 1-year low of $3.52 and a 1-year high of $7.84. The company has a market capitalization of $2.99 billion, a P/E ratio of 29.96 and a beta of 1.51. The firm’s 50 day simple moving average is $7.07 and its two-hundred day simple moving average is $6.29.

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 net margin of 8.85% and a return on equity of 7.85%. The business had revenue of $283.71 million for the quarter, compared to the consensus estimate of $264.62 million. Research analysts expect that Inter & Co, Inc. will post 0.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup assumed coverage on shares of Inter & Co, Inc. in a report on Tuesday, June 25th. They issued a “buy” rating and a $6.80 price objective on the stock. UBS Group raised their price objective on shares of Inter & Co, Inc. from $6.50 to $8.00 and gave the stock a “buy” rating in a report 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.