Ossiam decreased its holdings in shares of Intel Co. (NASDAQ:INTC - Free Report) by 94.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,397 shares of the chip maker's stock after selling 1,505,981 shares during the quarter. Ossiam's holdings in Intel were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Evergreen Capital Management LLC grew its stake in Intel by 1.0% during the 4th quarter. Evergreen Capital Management LLC now owns 41,904 shares of the chip maker's stock valued at $840,000 after acquiring an additional 419 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of Intel by 0.3% during the fourth quarter. Federated Hermes Inc. now owns 162,757 shares of the chip maker's stock worth $3,263,000 after purchasing an additional 456 shares during the period. CFM Wealth Partners LLC grew its position in Intel by 4.0% during the fourth 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 in the last quarter. Ausdal Financial Partners Inc. increased its stake in Intel by 2.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 24,963 shares of the chip maker's stock valued at $501,000 after buying an additional 500 shares during the period. Finally, Wealth Quarterback LLC lifted its position in Intel by 2.0% in the 4th quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker's stock worth $510,000 after buying an additional 508 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.
Intel Stock Performance
NASDAQ:INTC opened at $18.93 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The firm's 50-day moving average is $22.34 and its 200-day moving average is $21.95. Intel Co. has a 52-week low of $17.67 and a 52-week high of $37.16. The company has a market cap of $82.55 billion, a price-to-earnings ratio of -4.32 and a beta of 1.13.
Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. Equities research analysts anticipate that Intel Co. will post -0.11 earnings per share for the current year.
Analysts Set New Price Targets
A number of research firms have recently weighed in on INTC. Roth Mkm dropped their price target on shares of Intel from $25.00 to $20.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. HSBC raised Intel from a "reduce" rating to a "hold" rating in a research note on Tuesday, January 21st. Mizuho lowered their price target on Intel from $23.00 to $21.00 and set a "neutral" rating for the company in a research note on Friday, January 10th. Susquehanna cut their price objective on shares of Intel from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Monday, April 14th. Four analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $25.38.
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About Intel
(
Free Report)
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.
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