XTX Topco Ltd Has $78,000 Holdings in Inter & Co, Inc. (NASDAQ:INTR)

XTX Topco Ltd trimmed its holdings in Inter & Co, Inc. (NASDAQ:INTR) by 52.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,706 shares of the company’s stock after selling 14,115 shares during the period. XTX Topco Ltd’s holdings in Inter & Co, Inc. were worth $78,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Quadrature Capital Ltd lifted its holdings in Inter & Co, Inc. by 496.8% during the 4th quarter. Quadrature Capital Ltd now owns 69,518 shares of the company’s stock valued at $387,000 after purchasing an additional 57,870 shares during the last quarter. Fourth Sail Capital LP acquired a new stake in shares of Inter & Co, Inc. during the 1st quarter worth about $9,155,000. Bayesian Capital Management LP bought a new stake in shares of Inter & Co, Inc. during the 1st quarter worth about $180,000. Finally, Virtu Financial LLC bought a new stake in shares of Inter & Co, Inc. during the 1st quarter worth about $346,000. 22.90% of the stock is currently owned by institutional investors.

Inter & Co, Inc. Price Performance

Shares of Inter & Co, Inc. stock opened at $6.54 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 28.96 and a beta of 1.51. Inter & Co, Inc. has a twelve month low of $3.52 and a twelve month high of $7.84. The company has a 50-day simple moving average of $7.06 and a two-hundred day simple 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 (EPS) for the quarter, hitting analysts’ consensus estimates of $0.09. The business had revenue of $283.71 million for the quarter, compared to the consensus estimate of $264.62 million. Inter & Co, Inc. had a return on equity of 7.85% and a net margin of 8.85%. Analysts forecast that Inter & Co, Inc. will post 0.37 EPS for the current year.

Analyst Ratings Changes

INTR has been the subject of several research reports. 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 research report on Friday, August 9th. Citigroup initiated coverage on Inter & Co, Inc. in a report on Tuesday, June 25th. They set a “buy” rating and a $6.80 price target for the company.

Inter & Co, Inc. Profile

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.