Intel Co. (NASDAQ:INTC) Shares Sold by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC trimmed its position in Intel Co. (NASDAQ:INTC) by 25.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,191 shares of the chip maker’s stock after selling 1,397 shares during the period. Capital Advisors Ltd. LLC’s holdings in Intel were worth $84,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new stake in Intel in the fourth quarter valued at approximately $45,000. World Equity Group Inc. acquired a new stake in Intel in the fourth quarter valued at approximately $244,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in Intel by 1.9% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 702,011 shares of the chip maker’s stock valued at $14,075,000 after acquiring an additional 12,900 shares in the last quarter. Delta Financial Group Inc. acquired a new stake in Intel in the fourth quarter valued at approximately $232,000. Finally, DORCHESTER WEALTH MANAGEMENT Co boosted its stake in Intel by 9.4% in the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 22,570 shares of the chip maker’s stock valued at $453,000 after acquiring an additional 1,935 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. UBS Group decreased their price target on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, January 21st. Benchmark reaffirmed a “hold” rating on shares of Intel in a report on Friday, January 31st. Northland Securities decreased their price target on shares of Intel from $42.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, November 1st. HSBC raised shares of Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, Bank of America reaffirmed an “underperform” rating and issued a $21.00 price target on shares of Intel in a report on Tuesday, December 3rd. Five research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $26.88.

Intel Stock Down 2.4 %

INTC opened at $24.27 on Tuesday. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week high of $46.63. 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 company has a fifty day moving average of $20.91 and a two-hundred day moving average of $21.71. The stock has a market capitalization of $105.09 billion, a price-to-earnings ratio of -5.54 and a beta of 1.08.

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

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.