SYM FINANCIAL Corp purchased a new position in shares of Intel Co. (NASDAQ:INTC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 16,648 shares of the chip maker's stock, valued at approximately $334,000.
A number of other institutional investors have also recently bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Intel by 4.2% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 123,133 shares of the chip maker's stock valued at $2,469,000 after purchasing an additional 4,936 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its stake in shares of Intel by 29.4% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 70,190 shares of the chip maker's stock worth $1,407,000 after buying an additional 15,952 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Intel by 3.3% during the 4th quarter. Chicago Partners Investment Group LLC now owns 50,827 shares of the chip maker's stock worth $1,010,000 after buying an additional 1,630 shares during the period. GFS Advisors LLC grew its stake in Intel by 34.4% in the 4th quarter. GFS Advisors LLC now owns 266,550 shares of the chip maker's stock valued at $5,344,000 after buying an additional 68,200 shares during the last quarter. Finally, Mediolanum International Funds Ltd raised its holdings in Intel by 88.4% in the 4th quarter. Mediolanum International Funds Ltd now owns 82,544 shares of the chip maker's stock valued at $1,632,000 after acquiring an additional 38,738 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.
Insider Activity at Intel
In related news, EVP Michelle Johnston Holthaus sold 25,000 shares of the business's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $26.00, for a total value of $650,000.00. Following the transaction, the executive vice president now owns 273,258 shares in the company, valued at $7,104,708. The trade was a 8.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.04% of the stock is currently owned by company insiders.
Intel Trading Down 0.5 %
NASDAQ INTC traded down $0.09 on Tuesday, hitting $19.29. The company's stock had a trading volume of 53,716,660 shares, compared to its average volume of 72,534,953. The company's 50-day moving average is $20.67 and its 200 day moving average is $22.23. The firm has a market cap of $83.20 billion, a PE ratio of -4.40, a PEG ratio of 9.49 and a beta of 1.08. Intel Co. has a 1-year low of $18.51 and a 1-year high of $46.63. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44.
Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. As a group, analysts predict that Intel Co. will post 0.19 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on INTC shares. Needham & Company LLC restated a "hold" rating on shares of Intel in a report on Friday. Barclays reduced 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. Roth Mkm lowered their price objective on Intel from $25.00 to $20.00 and set a "neutral" rating on the stock in a research report on Friday. Citigroup reduced their target price on shares of Intel from $22.00 to $21.00 and set a "neutral" rating for the company in a research report on Tuesday, January 21st. Finally, Mizuho lowered their price target on shares of Intel from $23.00 to $21.00 and set a "neutral" rating on the stock in a research report on Friday, January 10th. Five equities research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Intel presently has a consensus rating of "Hold" and an average price target of $26.60.
View Our Latest Stock Report on Intel
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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