Intel Co. (NASDAQ:INTC) Holdings Lifted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its holdings in Intel Co. (NASDAQ:INTC - Free Report) by 64.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 206,349 shares of the chip maker's stock after buying an additional 80,681 shares during the period. TD Waterhouse Canada Inc.'s holdings in Intel were worth $4,139,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in INTC. Morse Asset Management Inc purchased a new position in Intel in the 3rd quarter valued at about $354,000. Advisory Resource Group boosted its position in Intel by 6.7% during the third quarter. Advisory Resource Group now owns 16,579 shares of the chip maker's stock worth $389,000 after acquiring an additional 1,034 shares during the last quarter. SOA Wealth Advisors LLC. grew its stake in Intel by 7.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 9,076 shares of the chip maker's stock worth $213,000 after acquiring an additional 615 shares during the period. World Investment Advisors LLC raised its holdings in Intel by 59.6% in the 3rd quarter. World Investment Advisors LLC now owns 42,990 shares of the chip maker's stock valued at $1,009,000 after acquiring an additional 16,046 shares during the last quarter. Finally, Denver PWM LLC lifted its stake in shares of Intel by 752.1% during the 3rd quarter. Denver PWM LLC now owns 26,425 shares of the chip maker's stock worth $620,000 after purchasing an additional 23,324 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of NASDAQ:INTC traded down $1.44 on Friday, reaching $20.05. 147,372,216 shares of the company's stock were exchanged, compared to its average volume of 79,618,108. Intel Co. has a fifty-two week low of $17.67 and a fifty-two week high of $37.16. The business's 50-day moving average is $21.92 and its two-hundred day moving average is $21.87. 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 capitalization of $87.43 billion, a price-to-earnings ratio of -4.58 and a beta of 1.13.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.12. The firm had revenue of $12.67 billion for the quarter, compared to analyst estimates of $12.26 billion. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. During the same quarter in the prior year, the business earned $0.18 earnings per share. As a group, equities research analysts forecast that Intel Co. will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on INTC. Hsbc Global Res upgraded Intel from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, January 21st. Barclays reiterated a "reduce" rating on shares of Intel in a report on Tuesday. Cantor Fitzgerald reduced their target price on Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Morgan Stanley decreased their target price on Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. cut their price target on shares of Intel from $23.00 to $20.00 and set an "underweight" rating on the stock in a report on Friday. Six analysts have rated the stock with a sell rating, twenty-six have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $22.83.

About Intel

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.