GW Henssler & Associates Ltd. Has $8.20 Million Holdings in Intel Co. (NASDAQ:INTC)

GW Henssler & Associates Ltd. grew its position in Intel Co. (NASDAQ:INTCGet Rating) by 18.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 318,337 shares of the chip maker’s stock after acquiring an additional 48,976 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in Intel were worth $8,204,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Primecap Management Co. CA increased its holdings in shares of Intel by 12.4% during the 2nd quarter. Primecap Management Co. CA now owns 48,598,246 shares of the chip maker’s stock valued at $1,818,060,000 after acquiring an additional 5,344,285 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Intel by 2.0% during the 2nd quarter. Legal & General Group Plc now owns 31,505,367 shares of the chip maker’s stock valued at $1,178,619,000 after acquiring an additional 628,215 shares during the last quarter. State Farm Mutual Automobile Insurance Co. increased its holdings in shares of Intel by 1.9% during the 2nd quarter. State Farm Mutual Automobile Insurance Co. now owns 26,389,039 shares of the chip maker’s stock valued at $987,214,000 after acquiring an additional 485,720 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Intel by 11.7% during the 2nd quarter. Deutsche Bank AG now owns 23,573,139 shares of the chip maker’s stock valued at $881,871,000 after acquiring an additional 2,473,555 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Intel by 6.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 22,354,790 shares of the chip maker’s stock valued at $1,107,904,000 after acquiring an additional 1,332,635 shares during the last quarter. 59.48% of the stock is owned by institutional investors and hedge funds.

Intel Trading Down 0.9 %

Shares of NASDAQ INTC traded down $0.27 during midday trading on Tuesday, hitting $30.00. The stock had a trading volume of 8,442,354 shares, compared to its average volume of 32,250,529. The company’s 50-day simple moving average is $28.44 and its 200 day simple moving average is $30.52. The firm has a market cap of $123.81 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 2.17 and a beta of 0.77. Intel Co. has a fifty-two week low of $24.59 and a fifty-two week high of $52.72. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.31.

Intel (NASDAQ:INTCGet Rating) last released its earnings results on Thursday, October 27th. The chip maker reported $0.59 EPS for the quarter, beating the consensus estimate of $0.34 by $0.25. The company had revenue of $15.34 billion during the quarter, compared to analysts’ expectations of $15.49 billion. Intel had a return on equity of 11.67% and a net margin of 19.13%. Research analysts anticipate that Intel Co. will post 1.95 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INTC. Deutsche Bank Aktiengesellschaft decreased their target price on Intel from $35.00 to $32.00 and set a “hold” rating for the company in a research note on Tuesday, October 18th. Susquehanna increased their target price on Intel from $22.00 to $24.00 and gave the company a “negative” rating in a research note on Monday. Mizuho restated a “neutral” rating and set a $32.00 target price on shares of Intel in a research note on Tuesday, November 22nd. Northland Securities decreased their target price on Intel from $55.00 to $52.00 and set an “outperform” rating for the company in a research note on Monday, October 10th. Finally, Needham & Company LLC reduced their price objective on Intel from $40.00 to $32.00 and set a “buy” rating for the company in a research report on Tuesday, October 11th. Ten analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Intel currently has a consensus rating of “Hold” and an average target price of $32.29.

Insider Activity

In other news, Director Lip Bu Tan bought 48,146 shares of the stock in a transaction dated Tuesday, November 8th. The stock was bought at an average cost of $27.98 per share, with a total value of $1,347,125.08. Following the purchase, the director now owns 50,500 shares of the company’s stock, valued at $1,412,990. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Lip Bu Tan acquired 48,146 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The stock was acquired at an average cost of $27.98 per share, with a total value of $1,347,125.08. Following the completion of the purchase, the director now directly owns 50,500 shares in the company, valued at $1,412,990. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Patrick P. Gelsinger acquired 8,830 shares of the firm’s stock in a transaction that occurred on Monday, October 31st. The shares were bought at an average cost of $28.16 per share, with a total value of $248,652.80. Following the completion of the purchase, the chief executive officer now owns 96,049 shares of the company’s stock, valued at $2,704,739.84. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 58,830 shares of company stock valued at $1,646,744. Company insiders own 0.02% of the company’s stock.

About Intel

(Get Rating)

Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products.

Featured Articles

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Co. (NASDAQ:INTCGet Rating).

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.