Nilsine Partners LLC Grows Stock Holdings in Intel Co. (NASDAQ:INTC)

Nilsine Partners LLC lifted its position in Intel Co. (NASDAQ:INTC) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,965 shares of the chip maker’s stock after buying an additional 681 shares during the period. Nilsine Partners LLC’s holdings in Intel were worth $220,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Foundations Investment Advisors LLC raised its stake in Intel by 2.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 31,928 shares of the chip maker’s stock valued at $640,000 after buying an additional 857 shares during the last quarter. Webster Bank N. A. boosted its stake in Intel by 10.7% in the 4th quarter. Webster Bank N. A. now owns 12,064 shares of the chip maker’s stock worth $242,000 after purchasing an additional 1,164 shares in the last quarter. Pacer Advisors Inc. grew its position in Intel by 26.1% during the 4th quarter. Pacer Advisors Inc. now owns 760,936 shares of the chip maker’s stock worth $15,257,000 after purchasing an additional 157,480 shares during the last quarter. KBC Group NV increased its stake in Intel by 2.7% during the 4th quarter. KBC Group NV now owns 1,166,161 shares of the chip maker’s stock valued at $23,382,000 after purchasing an additional 30,397 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of Intel in the fourth quarter worth $45,000. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $19.77 on Thursday. The business’s 50 day moving average price is $21.06 and its 200-day moving average price is $22.65. Intel Co. has a 1 year low of $18.51 and a 1 year high of $46.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market capitalization of $85.25 billion, a PE ratio of -5.31, a P/E/G ratio of 9.72 and a beta of 1.07.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 31st. The chip maker reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.44). The business had revenue of $13.30 billion for the quarter, compared to analysts’ expectations of $13.02 billion. Intel had a negative return on equity of 1.71% and a negative net margin of 29.42%. Intel’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.28 EPS. As a group, equities research analysts expect that Intel Co. will post -0.87 earnings per share for the current fiscal year.

Insider Activity at Intel

In other Intel news, EVP Michelle Johnston Holthaus sold 25,000 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $26.00, for a total transaction of $650,000.00. Following the transaction, the executive vice president now owns 273,258 shares of the company’s stock, valued at approximately $7,104,708. The trade was a 8.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.04% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Benchmark reissued a “hold” rating on shares of Intel in a research report on Friday, November 1st. Hsbc Global Res upgraded Intel from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Rosenblatt Securities reiterated a “sell” rating and issued a $17.00 target price on shares of Intel in a research report on Tuesday, October 29th. Robert W. Baird raised their price target on shares of Intel from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Finally, The Goldman Sachs Group dropped their price objective on shares of Intel from $22.00 to $21.00 and set a “sell” rating on the stock in a report on Thursday, October 17th. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $27.88.

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.