Intel Co. (NASDAQ:INTC) Holdings Raised by Quantbot Technologies LP

Quantbot Technologies LP raised its holdings in Intel Co. (NASDAQ:INTC) by 763.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,354,991 shares of the chip maker’s stock after purchasing an additional 1,198,037 shares during the quarter. Intel accounts for approximately 1.0% of Quantbot Technologies LP’s investment portfolio, making the stock its biggest holding. Quantbot Technologies LP’s holdings in Intel were worth $27,168,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in INTC. Finley Financial LLC acquired a new position in shares of Intel in the fourth quarter worth about $25,000. Synergy Investment Management LLC acquired a new position in shares of Intel in the fourth quarter worth about $27,000. BankPlus Trust Department acquired a new position in shares of Intel in the fourth quarter worth about $28,000. Keystone Financial Group Inc. acquired a new position in shares of Intel in the fourth quarter worth about $29,000. Finally, Quest Partners LLC raised its position in shares of Intel by 7,370.6% in the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after acquiring an additional 1,253 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on INTC shares. UBS Group decreased their price objective on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. Truist Financial reduced their price target on shares of Intel from $22.00 to $21.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Hsbc Global Res upgraded shares of Intel from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Citigroup reduced their price target on shares of Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. Finally, Bank of America restated an “underperform” rating and set a $21.00 price target on shares of Intel in a research report on Tuesday, December 3rd. Five investment analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $26.88.

Intel Stock Performance

NASDAQ:INTC opened at $20.68 on Thursday. 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 stock has a market capitalization of $89.54 billion, a P/E ratio of -4.72 and a beta of 1.02. The company has a 50 day moving average price of $21.31 and a 200 day moving average price of $21.80. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week high of $45.41.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 forecast that Intel Co. will post -0.11 EPS 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.