Intel Co. (NASDAQ:INTC) Shares Sold by Robinson Value Management Ltd.

Robinson Value Management Ltd. lowered its stake in Intel Co. (NASDAQ:INTC) by 11.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 71,725 shares of the chip maker’s stock after selling 8,975 shares during the period. Robinson Value Management Ltd.’s holdings in Intel were worth $1,438,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of INTC. Brookstone Capital Management increased its position in shares of Intel by 18.9% in the 3rd quarter. Brookstone Capital Management now owns 52,075 shares of the chip maker’s stock worth $1,222,000 after purchasing an additional 8,282 shares during the last quarter. Clarius Group LLC grew its position in shares of Intel by 62.4% during the 3rd quarter. Clarius Group LLC now owns 32,767 shares of the chip maker’s stock valued at $769,000 after buying an additional 12,592 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of Intel by 339.2% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 32,992 shares of the chip maker’s stock valued at $774,000 after buying an additional 25,481 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of Intel by 2.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 120,846 shares of the chip maker’s stock valued at $2,835,000 after buying an additional 2,398 shares during the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its position in shares of Intel by 6.7% during the 3rd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 17,788 shares of the chip maker’s stock valued at $417,000 after buying an additional 1,114 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Down 1.4 %

INTC stock opened at $19.10 on Friday. Intel Co. has a 12 month low of $18.51 and a 12 month high of $46.63. The firm has a 50 day simple moving average of $20.31 and a 200 day simple moving average of $22.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing the consensus estimate 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, research analysts anticipate that Intel Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

INTC has been the subject of a number of recent research reports. Northland Securities lowered their price objective on shares of Intel from $42.00 to $28.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Benchmark reaffirmed a “hold” rating on shares of Intel in a research report on Friday, January 31st. Citigroup lowered their price objective on shares of Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. HSBC upgraded shares of Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Robert W. Baird upped their target price on shares of Intel from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $26.60.

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.