West Family Investments Inc. Buys New Position in Intel Co. (NASDAQ:INTC)

West Family Investments Inc. purchased a new stake in Intel Co. (NASDAQ:INTC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,195 shares of the chip maker's stock, valued at approximately $265,000.

Several other institutional investors have also recently made changes to their positions in INTC. Finley Financial LLC acquired a new stake in Intel in the 4th quarter valued at $25,000. Synergy Investment Management LLC acquired a new position in shares of Intel during the fourth quarter valued at about $27,000. BankPlus Trust Department bought a new stake in shares of Intel during the fourth quarter worth about $28,000. Keystone Financial Group Inc. acquired a new stake in shares of Intel in the 4th quarter worth about $29,000. Finally, Quest Partners LLC lifted its position in Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker's stock valued at $30,000 after acquiring an additional 1,253 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Roth Mkm decreased their price objective on Intel from $25.00 to $20.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Truist Financial decreased their price target on Intel from $22.00 to $21.00 and set a "hold" rating for the company in a report on Friday, January 31st. Hsbc Global Res upgraded Intel from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, January 21st. Barclays reduced their target price on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. Finally, UBS Group dropped their price target on shares of Intel from $26.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Intel presently has an average rating of "Hold" and an average price target of $26.88.

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Intel Stock Performance

INTC stock traded down $0.11 during midday trading on Friday, reaching $20.64. 80,961,008 shares of the company's stock traded hands, compared to its average volume of 99,575,508. Intel Co. has a 52 week low of $18.51 and a 52 week high of $46.63. The company has a 50-day moving average price of $21.30 and a two-hundred day moving average price of $21.81. 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 has a market capitalization of $89.37 billion, a PE ratio of -4.71 and a beta of 1.02.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. As a group, equities analysts anticipate that Intel Co. will post -0.11 EPS for the current year.

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.