GSA Capital Partners LLP Has $183,000 Stock Holdings in CI&T Inc. (NYSE:CINT)

GSA Capital Partners LLP raised its holdings in CI&T Inc. (NYSE:CINT) by 12.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,010 shares of the company’s stock after buying an additional 2,995 shares during the quarter. GSA Capital Partners LLP’s holdings in CI&T were worth $183,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new stake in CI&T during the second quarter worth about $76,000. Marshall Wace LLP grew its holdings in shares of CI&T by 245.6% during the 2nd quarter. Marshall Wace LLP now owns 92,114 shares of the company’s stock worth $479,000 after purchasing an additional 65,457 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in shares of CI&T during the second quarter valued at approximately $2,264,000. Finally, BW Gestao de Investimentos Ltda. raised its stake in shares of CI&T by 101.1% in the second quarter. BW Gestao de Investimentos Ltda. now owns 2,134,514 shares of the company’s stock valued at $11,099,000 after purchasing an additional 1,073,302 shares in the last quarter. 92.45% of the stock is owned by institutional investors.

CI&T Trading Down 1.5 %

Shares of NYSE CINT opened at $6.73 on Monday. CI&T Inc. has a 1-year low of $3.34 and a 1-year high of $8.04. The company has a 50-day moving average of $6.89 and a two-hundred day moving average of $6.01. The company has a market cap of $904.59 million, a PE ratio of 51.77 and a beta of 1.16. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39.

Wall Street Analysts Forecast Growth

CINT has been the topic of a number of recent research reports. Canaccord Genuity Group lifted their price objective on CI&T from $9.00 to $10.00 and gave the company a “buy” rating in a report on Monday, November 18th. Itau BBA Securities upgraded CI&T from a “market perform” rating to an “outperform” rating and set a $10.00 price objective for the company in a research note on Friday, August 16th. The Goldman Sachs Group assumed coverage on shares of CI&T in a research note on Wednesday, September 4th. They issued a “neutral” rating and a $7.30 target price on the stock. JPMorgan Chase & Co. increased their target price on shares of CI&T from $7.00 to $8.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th. Finally, Citigroup boosted their price target on shares of CI&T from $6.00 to $8.00 and gave the company a “neutral” rating in a research report on Monday, August 19th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $7.11.

CI&T Profile

CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises and companies worldwide. It is also involved in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration, and mobility technologies.