45,766 Shares in Intel Co. (NASDAQ:INTC) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in Intel Co. (NASDAQ:INTC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 45,766 shares of the chip maker's stock, valued at approximately $918,000.

Several other hedge funds and other institutional investors have also modified their holdings of INTC. Dunhill Financial LLC raised its position in Intel by 22.6% during the third quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker's stock valued at $56,000 after buying an additional 438 shares during the period. CFM Wealth Partners LLC increased its holdings in shares of Intel by 4.0% in the 4th quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker's stock valued at $263,000 after purchasing an additional 500 shares during the period. Wealth Quarterback LLC lifted its position in shares of Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker's stock worth $510,000 after purchasing an additional 508 shares in the last quarter. Missouri Trust & Investment Co lifted its position in shares of Intel by 3.6% in the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker's stock worth $314,000 after purchasing an additional 550 shares in the last quarter. Finally, Riverview Trust Co boosted its holdings in shares of Intel by 2.0% during the fourth quarter. Riverview Trust Co now owns 28,567 shares of the chip maker's stock worth $573,000 after purchasing an additional 565 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

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Intel Stock Performance

Shares of INTC traded down $0.05 during mid-day trading on Monday, hitting $24.21. The company's stock had a trading volume of 53,028,613 shares, compared to its average volume of 72,087,775. The stock's 50-day moving average is $21.95 and its two-hundred day moving average is $22.01. The firm has a market capitalization of $104.84 billion, a PE ratio of -5.53 and a beta of 1.02. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. Intel Co. has a one year low of $18.51 and a one year high of $45.41.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share 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%. As a group, sell-side analysts anticipate that Intel Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on INTC shares. Stifel Nicolaus dropped their price objective on shares of Intel from $25.00 to $21.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. HSBC upgraded Intel from a "reduce" rating to a "hold" rating in a report on Tuesday, January 21st. Rosenblatt Securities restated a "sell" rating and issued a $20.00 target price on shares of Intel in a research note on Thursday, January 30th. Barclays cut their price target on Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. lowered their price target on Intel from $26.00 to $23.00 and set an "underweight" rating for the company in a research note on Friday, January 31st. Four research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $27.04.

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.