Valeo Financial Advisors LLC Reduces Holdings in Intel Co. (NASDAQ:INTC)

Valeo Financial Advisors LLC reduced its position in Intel Co. (NASDAQ:INTC) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,098 shares of the chip maker’s stock after selling 11,748 shares during the period. Valeo Financial Advisors LLC’s holdings in Intel were worth $2,147,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of INTC. Finley Financial LLC acquired a new stake in Intel during the 4th quarter valued at approximately $25,000. Keystone Financial Group Inc. bought a new stake in shares of Intel in the fourth quarter worth $29,000. Quest Partners LLC raised its holdings in Intel by 7,370.6% in the third 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 grew its holdings in Intel by 6.3% during the 3rd quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock worth $32,000 after acquiring an additional 8,084 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on INTC. Stifel Nicolaus reduced their price target on shares of Intel from $25.00 to $21.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Rosenblatt Securities reiterated a “sell” rating and issued a $20.00 target price on shares of Intel in a research report on Thursday, January 30th. Mizuho dropped their price target on Intel from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 10th. Roth Mkm decreased their price objective on shares of Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $22.00 target price on shares of Intel in a report on Friday, January 31st. Five equities research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $26.60.

Intel Price Performance

Shares of NASDAQ INTC opened at $23.60 on Friday. The firm has a 50-day moving average of $20.33 and a two-hundred day moving average of $21.68. The company has a market capitalization of $102.19 billion, a price-to-earnings ratio of -5.39 and a beta of 1.08. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. Intel Co. has a twelve month low of $18.51 and a twelve month high of $46.63.

Intel (NASDAQ:INTC) last issued 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 return on equity of 3.27% and a negative net margin of 35.32%. As a group, analysts expect that Intel Co. will post -0.11 earnings per share for the current fiscal year.

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.