DCF Advisers LLC Lowers Position in Intel Co. (NASDAQ:INTC)

DCF Advisers LLC lessened its stake in Intel Co. (NASDAQ:INTC) by 8.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,250 shares of the chip maker’s stock after selling 3,750 shares during the period. DCF Advisers LLC’s holdings in Intel were worth $827,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of INTC. Finley Financial LLC purchased a new stake in Intel in the 4th quarter worth approximately $25,000. Synergy Investment Management LLC purchased a new stake in Intel in the 4th quarter worth approximately $27,000. BankPlus Trust Department purchased a new stake in Intel in the 4th quarter worth approximately $28,000. Keystone Financial Group Inc. purchased a new position in shares of Intel during the 4th quarter valued at approximately $29,000. Finally, Quest Partners LLC lifted its position in shares of Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after buying an additional 1,253 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on INTC shares. Barclays decreased their target price on Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. HSBC upgraded Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Wells Fargo & Company decreased their target price on Intel from $28.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Mizuho decreased their target price on Intel from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 10th. Finally, UBS Group decreased their target price on Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 21st. Four investment analysts have rated the stock with a sell rating, twenty-eight have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $27.04.

Intel Stock Down 0.7 %

Shares of NASDAQ:INTC opened at $23.96 on Friday. The business has a 50-day moving average price of $21.85 and a 200 day moving average price of $21.96. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $103.75 billion, a price-to-earnings ratio of -5.47 and a beta of 1.02. Intel Co. has a 12-month low of $18.51 and a 12-month high of $45.41.

Intel (NASDAQ:INTC) last issued its quarterly earnings data 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%. Sell-side analysts expect 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.