WINTON GROUP Ltd Reduces Stock Holdings in Intel Co. (NASDAQ:INTC)

WINTON GROUP Ltd lessened its holdings in shares of Intel Co. (NASDAQ:INTC) by 20.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,325 shares of the chip maker’s stock after selling 4,208 shares during the quarter. WINTON GROUP Ltd’s holdings in Intel were worth $327,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of INTC. Dunhill Financial LLC grew 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 in the last quarter. CFM Wealth Partners LLC raised its holdings 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 buying an additional 500 shares in the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of Intel by 2.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 24,963 shares of the chip maker’s stock worth $501,000 after acquiring an additional 500 shares during the last quarter. Wealth Quarterback LLC lifted its stake in Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock worth $510,000 after purchasing an additional 508 shares during the last quarter. Finally, Missouri Trust & Investment Co boosted its holdings in 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 acquiring an additional 550 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Bank of America upgraded shares of Intel from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $19.00 to $25.00 in a report on Thursday, March 13th. UBS Group reduced their target price on shares of Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 21st. JPMorgan Chase & Co. reduced their price objective on Intel from $26.00 to $23.00 and set an “underweight” rating for the company in a research report on Friday, January 31st. Cantor Fitzgerald raised their price objective on shares of Intel from $22.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company decreased their price target on Intel from $28.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Four analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Intel has an average rating of “Hold” and an average target price of $27.04.

Intel Trading Down 3.9 %

Shares of Intel stock opened at $22.71 on Monday. Intel Co. has a 1 year low of $18.51 and a 1 year high of $45.41. The company has a market capitalization of $98.33 billion, a P/E ratio of -5.18 and a beta of 1.02. The company’s fifty day moving average is $22.33 and its two-hundred day moving average is $22.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33.

Intel (NASDAQ:INTC) last announced 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 return on equity of 3.27% and a negative net margin of 35.32%. Analysts forecast that Intel Co. will post -0.11 earnings per share for the current year.

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.