Compass Financial Services Inc Takes $54,000 Position in Intel Co. (NASDAQ:INTC)

Compass Financial Services Inc bought a new position in Intel Co. (NASDAQ:INTC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,693 shares of the chip maker’s stock, valued at approximately $54,000.

A number of other institutional investors have also bought and sold shares of INTC. Brookstone Capital Management raised its position in shares of Intel by 18.9% during the third quarter. Brookstone Capital Management now owns 52,075 shares of the chip maker’s stock valued at $1,222,000 after buying an additional 8,282 shares during the last quarter. Clarius Group LLC grew its stake in Intel by 62.4% during the third quarter. Clarius Group LLC now owns 32,767 shares of the chip maker’s stock valued at $769,000 after acquiring an additional 12,592 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Intel by 339.2% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 32,992 shares of the chip maker’s stock valued at $774,000 after acquiring an additional 25,481 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Intel by 2.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 120,846 shares of the chip maker’s stock worth $2,835,000 after purchasing an additional 2,398 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its holdings in shares of Intel by 6.7% during the 3rd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,788 shares of the chip maker’s stock valued at $417,000 after purchasing an additional 1,114 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. UBS Group reduced their target price on Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, January 21st. HSBC raised Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. cut their target price on shares of Intel from $26.00 to $23.00 and set an “underweight” rating for the company in a report on Friday, January 31st. Cantor Fitzgerald restated a “neutral” rating and issued a $22.00 price target on shares of Intel in a research report on Friday, January 31st. Finally, Robert W. Baird increased their price objective on shares of Intel from $20.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Five investment analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $26.60.

Intel Price Performance

NASDAQ:INTC opened at $19.10 on Friday. 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 Co. has a 1-year low of $18.51 and a 1-year high of $46.63. The company has a 50-day moving average of $20.31 and a 200 day moving average of $22.00.

Intel (NASDAQ:INTC) last announced its quarterly earnings results 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%. Research analysts anticipate that Intel Co. will post -0.11 EPS 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.