Rowlandmiller & PARTNERS.ADV Has $4.23 Million Stake in Intel Co. (NASDAQ:INTC)

Rowlandmiller & PARTNERS.ADV trimmed its position in shares of Intel Co. (NASDAQ:INTC) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 211,113 shares of the chip maker’s stock after selling 20,472 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Intel were worth $4,233,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of INTC. Finley Financial LLC acquired a new position in shares of Intel during the fourth quarter worth approximately $25,000. Keystone Financial Group Inc. purchased a new stake in Intel in the 4th quarter valued at $29,000. Quest Partners LLC lifted its stake 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 acquiring an additional 1,253 shares in the last quarter. West Financial Advisors LLC bought a new position in Intel during the 4th quarter valued at $31,000. Finally, Groupama Asset Managment lifted its stake in Intel by 6.3% during the 3rd quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 8,084 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Down 4.7 %

INTC stock opened at $24.87 on Monday. 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 firm has a market capitalization of $107.67 billion, a PE ratio of -5.68 and a beta of 1.08. Intel Co. has a twelve month low of $18.51 and a twelve month high of $46.63. The stock has a 50-day simple moving average of $20.84 and a two-hundred day simple moving average of $21.68.

Intel (NASDAQ:INTC) last posted its 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, equities analysts predict that Intel Co. will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Truist Financial dropped their price objective on Intel from $22.00 to $21.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Rosenblatt Securities restated a “sell” rating and set a $20.00 price objective on shares of Intel in a research note on Thursday, January 30th. JPMorgan Chase & Co. dropped their price objective on Intel from $26.00 to $23.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Cantor Fitzgerald raised their price objective on Intel from $22.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, UBS Group dropped their price objective on Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 21st. Five research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $26.88.

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.