Jane Street Group LLC Has $1 Million Position in Inter & Co, Inc. (NASDAQ:INTR)

Jane Street Group LLC increased its holdings in shares of Inter & Co, Inc. (NASDAQ:INTR) by 571.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 237,798 shares of the company’s stock after acquiring an additional 202,405 shares during the quarter. Jane Street Group LLC owned about 0.05% of Inter & Co, Inc. worth $1,004,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in INTR. US Bancorp DE increased its holdings in shares of Inter & Co, Inc. by 6,054.6% during the 4th quarter. US Bancorp DE now owns 5,970 shares of the company’s stock worth $25,000 after acquiring an additional 5,873 shares during the last quarter. Savant Capital LLC acquired a new position in shares of Inter & Co, Inc. during the 4th quarter worth approximately $42,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Inter & Co, Inc. by 78.6% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 12,500 shares of the company’s stock worth $52,000 after acquiring an additional 5,500 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Inter & Co, Inc. by 17.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 16,024 shares of the company’s stock worth $68,000 after acquiring an additional 2,399 shares during the last quarter. Finally, Prudential PLC increased its holdings in shares of Inter & Co, Inc. by 27.0% during the 4th quarter. Prudential PLC now owns 18,539 shares of the company’s stock worth $78,000 after acquiring an additional 3,937 shares during the last quarter. 22.90% of the stock is owned by institutional investors and hedge funds.

Inter & Co, Inc. Stock Performance

Shares of NASDAQ INTR opened at $7.11 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.85 and a quick ratio of 0.87. The stock’s fifty day moving average price is $6.10 and its two-hundred day moving average price is $5.42. Inter & Co, Inc. has a one year low of $3.88 and a one year high of $7.84. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 18.23 and a beta of 1.18.

Inter & Co, Inc. (NASDAQ:INTR) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.06%. The firm had revenue of $323.40 million during the quarter, compared to analyst estimates of $1.89 billion. On average, equities analysts forecast that Inter & Co, Inc. will post 0.48 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Morgan Stanley decreased their target price on Inter & Co, Inc. from $4.50 to $4.00 and set an “underweight” rating on the stock in a report on Monday, March 17th. JPMorgan Chase & Co. decreased their price objective on Inter & Co, Inc. from $7.20 to $7.10 and set an “overweight” rating on the stock in a report on Friday, January 24th.

About Inter & Co, Inc.

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.