Capital Analysts LLC Has $759,000 Stock Position in Intel Co. (NASDAQ:INTC)

Capital Analysts LLC increased its stake in Intel Co. (NASDAQ:INTC) by 24.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,102 shares of the chip maker’s stock after buying an additional 2,978 shares during the quarter. Capital Analysts LLC’s holdings in Intel were worth $759,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of Intel by 100,953.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 51,133,863 shares of the chip maker’s stock worth $1,351,468,000 after acquiring an additional 51,083,262 shares during the last quarter. Norges Bank bought a new position in Intel during the fourth quarter worth $1,092,939,000. Clearbridge Investments LLC increased its holdings in shares of Intel by 4,407.3% in the first quarter. Clearbridge Investments LLC now owns 16,439,207 shares of the chip maker’s stock valued at $814,727,000 after purchasing an additional 16,074,485 shares during the last quarter. Barclays PLC increased its holdings in shares of Intel by 171.1% in the second quarter. Barclays PLC now owns 21,404,715 shares of the chip maker’s stock valued at $715,773,000 after purchasing an additional 13,507,774 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of Intel by 29.8% in the fourth quarter. Morgan Stanley now owns 53,342,230 shares of the chip maker’s stock valued at $1,409,835,000 after purchasing an additional 12,241,200 shares during the period. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 0.1 %

Shares of NASDAQ:INTC opened at $36.26 on Wednesday. Intel Co. has a 52-week low of $26.85 and a 52-week high of $51.28. The company has a market capitalization of $153.31 billion, a PE ratio of 92.98, a price-to-earnings-growth ratio of 3.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.15 and a current ratio of 1.54. The company has a fifty day moving average of $42.32 and a 200-day moving average of $42.40.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 25th. The chip maker reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.27. Intel had a return on equity of 1.64% and a net margin of 3.11%. The business had revenue of $15.40 billion during the quarter, compared to analysts’ expectations of $15.16 billion. During the same quarter in the prior year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities analysts predict that Intel Co. will post 0.62 EPS for the current fiscal year.

Intel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 7th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.50 annualized dividend and a yield of 1.38%. Intel’s dividend payout ratio is presently 128.21%.

Insiders Place Their Bets

In other Intel news, CEO Patrick P. Gelsinger purchased 2,800 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was purchased at an average price of $42.74 per share, with a total value of $119,672.00. Following the completion of the purchase, the chief executive officer now owns 31,275 shares of the company’s stock, valued at $1,336,693.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Patrick P. Gelsinger purchased 2,800 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was bought at an average price of $42.74 per share, with a total value of $119,672.00. Following the completion of the purchase, the chief executive officer now owns 31,275 shares in the company, valued at approximately $1,336,693.50. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Patrick P. Gelsinger acquired 3,000 shares of the stock in a transaction dated Monday, January 29th. The shares were bought at an average price of $43.36 per share, with a total value of $130,080.00. Following the completion of the transaction, the chief executive officer now directly owns 28,475 shares of the company’s stock, valued at $1,234,676. The disclosure for this purchase can be found here. Insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Raymond James lowered their target price on Intel from $54.00 to $52.00 and set an “outperform” rating on the stock in a research note on Friday, January 26th. Mizuho dropped their target price on Intel from $58.00 to $55.00 and set a “buy” rating for the company in a report on Friday, January 26th. Morgan Stanley upped their price target on shares of Intel from $39.00 to $48.00 and gave the company an “equal weight” rating in a research note on Monday, January 29th. TD Cowen lowered their price target on shares of Intel from $45.00 to $42.00 and set a “market perform” rating on the stock in a research report on Friday, January 26th. Finally, Rosenblatt Securities reissued a “sell” rating and issued a $17.00 price objective on shares of Intel in a report on Friday, February 23rd. Four equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $42.69.

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.