Fidelis Capital Partners LLC Makes New Investment in Intel Co. (NASDAQ:INTC)

Fidelis Capital Partners LLC purchased a new position in shares of Intel Co. (NASDAQ:INTC - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 20,131 shares of the chip maker's stock, valued at approximately $390,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Harbor Capital Advisors Inc. increased its holdings in Intel by 6.3% in the third quarter. Harbor Capital Advisors Inc. now owns 55,271 shares of the chip maker's stock valued at $1,297,000 after purchasing an additional 3,272 shares during the last quarter. Asset Management One Co. Ltd. grew its position in shares of Intel by 2.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,752,155 shares of the chip maker's stock worth $41,106,000 after buying an additional 34,061 shares during the period. Rational Advisors LLC bought a new stake in shares of Intel in the 3rd quarter valued at about $246,000. Catalyst Capital Advisors LLC raised its position in shares of Intel by 1,110.8% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 49,522 shares of the chip maker's stock valued at $1,162,000 after acquiring an additional 45,432 shares during the period. Finally, Stoneridge Investment Partners LLC raised its position in shares of Intel by 41.7% in the 3rd quarter. Stoneridge Investment Partners LLC now owns 97,846 shares of the chip maker's stock valued at $2,295,000 after acquiring an additional 28,813 shares during the period. 64.53% of the stock is owned by institutional investors.

Intel Stock Performance

NASDAQ INTC traded down $0.11 on Friday, hitting $20.64. 80,961,008 shares of the stock were exchanged, compared to its average volume of 99,575,508. The company has a market capitalization of $89.37 billion, a PE ratio of -4.71 and a beta of 1.02. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. The business's fifty day moving average is $21.30 and its 200 day moving average is $21.80. Intel Co. has a 52 week low of $18.51 and a 52 week high of $46.63.

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Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. Research analysts anticipate that Intel Co. will post -0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Hsbc Global Res raised shares of Intel from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 21st. Benchmark restated a "hold" rating on shares of Intel in a research report on Friday, January 31st. Wells Fargo & Company reduced their target price on Intel from $28.00 to $25.00 and set an "equal weight" rating on the stock in a report on Friday, January 31st. Mizuho lowered their price target on Intel from $23.00 to $21.00 and set a "neutral" rating for the company in a report on Friday, January 10th. Finally, Rosenblatt Securities reiterated a "sell" rating and set a $20.00 price objective on shares of Intel in a report on Thursday, January 30th. Five analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $26.88.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.