Generali Investments CEE investicni spolecnost a.s. Takes Position in Intel Co. (NASDAQ:INTC)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in Intel Co. (NASDAQ:INTC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 120,000 shares of the chip maker's stock, valued at approximately $2,406,000.

A number of other hedge funds have also recently made changes to their positions in INTC. Quest Partners LLC grew its stake in Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker's stock worth $30,000 after buying an additional 1,253 shares during the last quarter. Finley Financial LLC acquired a new stake in Intel in the fourth quarter valued at $25,000. Synergy Investment Management LLC acquired a new position in Intel during the fourth quarter worth about $27,000. BankPlus Trust Department purchased a new position in Intel in the 4th quarter valued at approximately $28,000. Finally, Keystone Financial Group Inc. acquired a new stake in Intel in the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Intel from $26.00 to $23.00 and set an "underweight" rating on the stock in a research note on Friday, January 31st. Stifel Nicolaus cut their target price on Intel from $25.00 to $21.00 and set a "hold" rating on the stock in a research report on Friday, January 31st. Benchmark reiterated a "hold" rating on shares of Intel in a research note on Friday, January 31st. HSBC raised shares of Intel from a "reduce" rating to a "hold" rating in a research report on Tuesday, January 21st. Finally, Bank of America reiterated an "underperform" rating and set a $21.00 target price on shares of Intel in a research note on Tuesday, December 3rd. Five equities research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Intel has a consensus rating of "Hold" and a consensus price target of $26.88.

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Intel Stock Down 1.8 %

Shares of INTC traded down $0.37 during trading hours on Monday, reaching $20.27. The company's stock had a trading volume of 24,583,823 shares, compared to its average volume of 97,886,852. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The firm has a market cap of $87.79 billion, a price-to-earnings ratio of -4.62 and a beta of 1.02. The company has a 50 day moving average of $21.30 and a two-hundred day moving average of $21.81. Intel Co. has a 1-year low of $18.51 and a 1-year high of $45.41.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data 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%. As a group, research analysts predict that Intel Co. will post -0.11 EPS for the current fiscal year.

Intel 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.