Intel Co. (NASDAQ:INTC) Stock Holdings Increased by Oxford Asset Management LLP

Oxford Asset Management LLP raised its holdings in Intel Co. (NASDAQ:INTC - Free Report) by 170.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,091 shares of the chip maker's stock after buying an additional 15,176 shares during the quarter. Oxford Asset Management LLP's holdings in Intel were worth $483,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Finley Financial LLC purchased a new position in Intel in the 4th quarter worth approximately $25,000. Synergy Investment Management LLC acquired a new position in shares of Intel in the 4th quarter valued at approximately $27,000. BankPlus Trust Department acquired a new position in shares of Intel in the 4th quarter valued at approximately $28,000. Keystone Financial Group Inc. acquired a new position in shares of Intel in the 4th quarter valued at approximately $29,000. Finally, West Financial Advisors LLC acquired a new position in shares of Intel in the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Price Performance

Shares of INTC stock traded down $0.17 during midday trading on Tuesday, reaching $20.34. 61,931,181 shares of the company were exchanged, compared to its average volume of 79,571,745. Intel Co. has a 12 month low of $17.67 and a 12 month high of $37.16. The company has a market cap of $88.69 billion, a P/E ratio of -4.64 and a beta of 1.13. The company's 50 day moving average price is $21.82 and its two-hundred day moving average price is $21.83. 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 (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The chip maker reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.12. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The company had revenue of $12.67 billion for the quarter, compared to the consensus estimate of $12.26 billion. During the same period in the previous year, the firm earned $0.18 EPS. Intel's revenue was down .4% on a year-over-year basis. On average, sell-side analysts expect that Intel Co. will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

INTC has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their target price on Intel from $25.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Friday. JPMorgan Chase & Co. dropped their price target on Intel from $23.00 to $20.00 and set an "underweight" rating on the stock in a research report on Friday. StockNews.com raised Intel from a "sell" rating to a "hold" rating in a research report on Monday. Barclays reissued a "reduce" rating on shares of Intel in a research report on Tuesday, April 22nd. Finally, Roth Mkm dropped their price target on Intel from $25.00 to $20.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Five analysts have rated the stock with a sell rating, twenty-six have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Intel currently has an average rating of "Hold" and a consensus price target of $22.23.

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.