Rothschild Investment LLC Sells 2,202 Shares of Intel Co. (NASDAQ:INTC)

Rothschild Investment LLC lessened its position in Intel Co. (NASDAQ:INTC) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,870 shares of the chip maker’s stock after selling 2,202 shares during the period. Rothschild Investment LLC’s holdings in Intel were worth $619,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Quest Partners LLC increased its position in shares of Intel by 7,370.6% in the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after buying an additional 1,253 shares in the last quarter. Finley Financial LLC bought a new position in Intel during the fourth quarter worth about $25,000. Keystone Financial Group Inc. acquired a new position in Intel in the fourth quarter valued at about $29,000. FSA Wealth Management LLC bought a new stake in shares of Intel in the third quarter worth about $34,000. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Intel during the third quarter worth about $36,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Down 2.4 %

INTC stock opened at $24.27 on Tuesday. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week high of $46.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. The stock has a market capitalization of $105.09 billion, a price-to-earnings ratio of -5.54 and a beta of 1.08. The business’s fifty day moving average price is $20.91 and its two-hundred day moving average price is $21.71.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) EPS 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%. On average, equities analysts anticipate that Intel Co. will post -0.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several research analyst reports. Rosenblatt Securities reiterated a “sell” rating and issued a $20.00 price objective on shares of Intel in a research report on Thursday, January 30th. Mizuho reduced their price target on shares of Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, January 31st. UBS Group cut their price objective 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. Finally, Bank of America reiterated an “underperform” rating and set a $21.00 target price on shares of Intel in a report on Tuesday, December 3rd. Five equities research analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $26.88.

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.