Intel Co. (NASDAQ:INTC) Holdings Raised by 180 Wealth Advisors LLC

180 Wealth Advisors LLC grew its position in Intel Co. (NASDAQ:INTC) by 4.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,203 shares of the chip maker’s stock after acquiring an additional 1,030 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Intel were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Modus Advisors LLC acquired a new stake in shares of Intel in the 2nd quarter valued at about $25,000. Price Wealth LLC increased its stake in shares of Intel by 119.5% during the second quarter. Price Wealth LLC now owns 461 shares of the chip maker’s stock worth $28,000 after buying an additional 251 shares during the period. FAI Wealth Management increased its stake in shares of Intel by 390.4% during the second quarter. FAI Wealth Management now owns 510 shares of the chip maker’s stock worth $30,000 after buying an additional 406 shares during the period. Okabena Investment Services Inc. purchased a new stake in shares of Intel during the second quarter worth approximately $42,000. Finally, Marshall & Sullivan Inc. WA purchased a new stake in shares of Intel during the second quarter worth approximately $60,000. Institutional investors and hedge funds own 64.41% of the company’s stock.

In related news, VP Kevin Thomas Mcbride sold 4,400 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $49.28, for a total transaction of $216,832.00. Following the completion of the sale, the vice president now owns 14,214 shares in the company, valued at approximately $700,465.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Navin Shenoy sold 2,847 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $48.18, for a total value of $137,168.46. Following the sale, the executive vice president now owns 71,807 shares of the company’s stock, valued at approximately $3,459,661.26. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,491 shares of company stock valued at $365,878. 0.04% of the stock is currently owned by corporate insiders.

A number of research firms recently issued reports on INTC. ValuEngine upgraded Intel from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 10th. Royal Bank of Canada restated a “sell” rating and set a $45.00 price objective on shares of Intel in a research report on Monday. Roth Capital reduced their price objective on Intel from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday. Exane BNP Paribas lowered Intel from an “outperform” rating to an “underperform” rating and set a $47.00 price target for the company. in a research report on Friday, July 24th. Finally, 140166 boosted their price target on Intel from $53.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Thirteen research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the stock. Intel currently has an average rating of “Hold” and a consensus price target of $57.76.

Shares of INTC traded down $1.82 during trading hours on Monday, hitting $46.38. 2,447,525 shares of the company were exchanged, compared to its average volume of 29,933,998. The company has a market cap of $204.99 billion, a PE ratio of 8.71, a PEG ratio of 1.50 and a beta of 0.72. The firm’s 50 day moving average is $51.27 and its 200-day moving average is $55.53. Intel Co. has a 52 week low of $43.63 and a 52 week high of $69.29. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.58 and a current ratio of 1.97.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, October 22nd. The chip maker reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.01. The company had revenue of $18.33 billion during the quarter, compared to the consensus estimate of $18.26 billion. Intel had a return on equity of 31.55% and a net margin of 29.97%. The firm’s revenue was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.42 EPS. As a group, equities analysts forecast that Intel Co. will post 4.86 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Saturday, November 7th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.32 annualized dividend and a dividend yield of 2.85%. Intel’s dividend payout ratio (DPR) is presently 27.10%.

Intel Profile

Intel Corporation designs, manufactures, and sells essential technologies for the cloud, smart, and connected devices worldwide. The company operates through DCG, IOTG, Mobileye, NSG, PSG, CCG, 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 comprising accelerators, boards and systems, connectivity products, and memory and storage products.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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