HUB Investment Partners LLC Grows Holdings in Intel Co. (NASDAQ:INTC)

HUB Investment Partners LLC grew its position in Intel Co. (NASDAQ:INTC) by 15.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,927 shares of the chip maker’s stock after acquiring an additional 3,140 shares during the period. HUB Investment Partners LLC’s holdings in Intel were worth $480,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Dunhill Financial LLC increased its position in shares of Intel by 22.6% during the third quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock worth $56,000 after acquiring an additional 438 shares during the period. CFM Wealth Partners LLC lifted its stake in Intel by 4.0% during the fourth quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock worth $263,000 after purchasing an additional 500 shares during the last quarter. Wealth Quarterback LLC lifted 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 worth $510,000 after buying an additional 508 shares during the last quarter. Missouri Trust & Investment Co boosted its stake in Intel by 3.6% in the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock valued at $314,000 after acquiring an additional 550 shares in the last quarter. Finally, Riverview Trust Co boosted its position in shares of Intel by 2.0% in the 4th quarter. Riverview Trust Co now owns 28,567 shares of the chip maker’s stock valued at $573,000 after purchasing an additional 565 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Up 1.3 %

Shares of Intel stock opened at $24.26 on Friday. Intel Co. has a twelve month low of $18.51 and a twelve month high of $45.41. The company has a fifty day moving average price of $21.95 and a 200 day moving average price of $21.98. 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 stock has a market cap of $105.05 billion, a price-to-earnings ratio of -5.54 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%. Equities research analysts forecast that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on INTC shares. Roth Mkm lowered their price objective on shares of Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Citigroup cut their price objective on Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. UBS Group decreased their price target on Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 21st. Benchmark reiterated a “hold” rating on shares of Intel in a research report on Friday, January 31st. Finally, Barclays lowered their target price on Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Four research 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $27.04.

Intel 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.