Liberty Wealth Management LLC Has $216,000 Position in Intel Co. (NASDAQ:INTC)

Liberty Wealth Management LLC cut its position in Intel Co. (NASDAQ:INTC) by 8.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,752 shares of the chip maker’s stock after selling 976 shares during the quarter. Liberty Wealth Management LLC’s holdings in Intel were worth $216,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in INTC. Dunhill Financial LLC increased its position in shares of Intel by 22.6% during the 3rd quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock valued at $56,000 after purchasing an additional 438 shares during the last quarter. Beaton Management Co. Inc. increased its position in shares of Intel by 2.2% during the 3rd quarter. Beaton Management Co. Inc. now owns 23,208 shares of the chip maker’s stock valued at $544,000 after purchasing an additional 500 shares during the last quarter. CFM Wealth Partners LLC increased its position in shares of Intel by 4.0% during the 4th quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock valued at $263,000 after purchasing an additional 500 shares during the last quarter. Wealth Quarterback LLC increased its position in shares of Intel by 2.0% during the 4th quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock valued at $510,000 after purchasing an additional 508 shares during the last quarter. Finally, Missouri Trust & Investment Co increased its position in shares of Intel by 3.6% during the 4th quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock valued at $314,000 after purchasing an additional 550 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Up 4.6 %

INTC opened at $20.68 on Thursday. Intel Co. has a 52 week low of $18.51 and a 52 week high of $45.41. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The stock has a market cap of $89.54 billion, a PE ratio of -4.72 and a beta of 1.02. The business has a 50 day moving average of $21.31 and a 200-day moving average of $21.80.

Intel (NASDAQ:INTC) last posted 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%. Equities research analysts predict that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Friday, January 31st. HSBC upgraded Intel from a “reduce” rating to a “hold” rating in a report on Tuesday, January 21st. Hsbc Global Res upgraded Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st. Barclays dropped their target price on Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Mizuho dropped their target price on Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Five equities research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $26.88.

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.