Haverford Trust Co Has $775,000 Stock Holdings in Intel Co. (NASDAQ:INTC)

Haverford Trust Co reduced its holdings in Intel Co. (NASDAQ:INTC) by 12.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 38,665 shares of the chip maker’s stock after selling 5,675 shares during the quarter. Haverford Trust Co’s holdings in Intel were worth $775,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Finley Financial LLC bought a new position in Intel during the 4th quarter worth $25,000. Synergy Investment Management LLC bought a new position in shares of Intel during the fourth quarter worth about $27,000. BankPlus Trust Department acquired a new position in shares of Intel in the fourth quarter worth approximately $28,000. Keystone Financial Group Inc. bought a new stake in Intel in the fourth quarter valued at approximately $29,000. Finally, Quest Partners LLC increased its position in 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 purchasing an additional 1,253 shares during the period. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Bank of America raised shares of Intel from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $19.00 to $25.00 in a research note on Thursday, March 13th. Cantor Fitzgerald lifted their price objective on Intel from $22.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Barclays cut 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. Stifel Nicolaus lowered their target price on Intel from $25.00 to $21.00 and set a “hold” rating for the company in a report on Friday, January 31st. Finally, Citigroup dropped their price target on Intel from $22.00 to $21.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 21st. Four research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $27.04.

Intel Trading Down 0.2 %

NASDAQ INTC opened at $24.22 on Tuesday. 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 business has a fifty day simple moving average of $22.05 and a 200 day simple moving average of $22.04. Intel Co. has a 12 month low of $18.51 and a 12 month high of $45.41. The firm has a market capitalization of $104.87 billion, a P/E ratio of -5.53 and a beta of 1.02.

Intel (NASDAQ:INTC) last released its quarterly earnings results 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%. On average, analysts predict that Intel Co. will post -0.11 EPS for the current fiscal 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.