Jones Financial Companies Lllp Has $3.39 Million Holdings in Intel Co. (NASDAQ:INTC)

Jones Financial Companies Lllp boosted its holdings in shares of Intel Co. (NASDAQ:INTC - Free Report) by 10.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,904 shares of the chip maker's stock after buying an additional 16,232 shares during the period. Jones Financial Companies Lllp's holdings in Intel were worth $3,387,000 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. Finley Financial LLC acquired a new position in Intel during the fourth quarter valued at $25,000. BankPlus Trust Department acquired a new position in Intel during the fourth quarter valued at $28,000. Keystone Financial Group Inc. acquired a new position in Intel during the fourth quarter valued at $29,000. Quest Partners LLC raised its position in Intel by 7,370.6% during the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker's stock valued at $30,000 after buying an additional 1,253 shares during the period. Finally, West Financial Advisors LLC acquired a new position in Intel during the fourth quarter valued at $31,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Performance

NASDAQ:INTC traded down $0.11 during mid-day trading on Friday, hitting $20.64. 80,961,008 shares of the company's stock traded hands, compared to its average volume of 99,575,508. The firm has a 50 day moving average of $21.30 and a two-hundred day moving average of $21.81. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $89.37 billion, a price-to-earnings ratio of -4.71 and a beta of 1.02. Intel Co. has a 12 month low of $18.51 and a 12 month high of $46.63.

Remove Ads

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%. On average, equities analysts forecast that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on INTC. UBS Group dropped their price target on Intel from $26.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 21st. Bank of America restated an "underperform" rating and issued a $21.00 target price on shares of Intel in a research note on Tuesday, December 3rd. HSBC upgraded Intel from a "reduce" rating to a "hold" rating in a research note on Tuesday, January 21st. Barclays lowered their target price on Intel from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Friday, January 17th. Finally, Benchmark restated a "hold" rating on shares of Intel in a research note on Friday, January 31st. Five investment 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. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $26.88.

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.