Intel Co. (NASDAQ:INTC) Shares Acquired by Savant Capital LLC

Savant Capital LLC increased its position in shares of Intel Co. (NASDAQ:INTC) by 62.3% during the 4th quarter, HoldingsChannel reports. The fund owned 232,918 shares of the chip maker’s stock after acquiring an additional 89,437 shares during the quarter. Savant Capital LLC’s holdings in Intel were worth $4,670,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Finley Financial LLC purchased a new stake in Intel in the fourth quarter valued at $25,000. Keystone Financial Group Inc. acquired a new position in Intel in the fourth quarter valued at about $29,000. Quest Partners LLC boosted its stake in Intel by 7,370.6% during the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after buying an additional 1,253 shares during the period. West Financial Advisors LLC acquired a new stake in shares of Intel during the fourth quarter valued at about $31,000. Finally, Groupama Asset Managment raised its stake in shares of Intel by 6.3% in the 3rd quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 8,084 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on INTC. Roth Mkm lowered their price objective on shares of Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Northland Securities dropped their price objective on Intel from $42.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Benchmark reiterated a “hold” rating on shares of Intel in a report on Friday, January 31st. Mizuho lowered their target price on Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Finally, Barclays dropped their target price on Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Five investment analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $26.60.

Intel Price Performance

INTC stock opened at $20.97 on Wednesday. The stock has a market cap of $90.80 billion, a price-to-earnings ratio of -4.79 and a beta of 1.08. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week 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. The business has a 50 day moving average price of $20.23 and a 200 day moving average price of $21.78.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share 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%. Equities research analysts anticipate that Intel Co. will post -0.11 earnings per share for the current fiscal year.

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.