AllSquare Wealth Management LLC Raises Holdings in Intel Co. (NASDAQ:INTC)

AllSquare Wealth Management LLC raised its holdings in Intel Co. (NASDAQ:INTC) by 26.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,772 shares of the chip maker’s stock after purchasing an additional 2,070 shares during the quarter. AllSquare Wealth Management LLC’s holdings in Intel were worth $196,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. HUB Investment Partners LLC increased its position in shares of Intel by 15.1% during the 4th quarter. HUB Investment Partners LLC now owns 23,927 shares of the chip maker’s stock worth $480,000 after purchasing an additional 3,140 shares during the last quarter. iA Global Asset Management Inc. increased its position in shares of Intel by 6.6% during the fourth quarter. iA Global Asset Management Inc. now owns 464,877 shares of the chip maker’s stock valued at $9,321,000 after acquiring an additional 28,986 shares during the last quarter. Magnetar Financial LLC acquired a new position in shares of Intel in the 4th quarter worth approximately $2,057,000. Teacher Retirement System of Texas lifted its holdings in shares of Intel by 785.0% in the 4th quarter. Teacher Retirement System of Texas now owns 252,221 shares of the chip maker’s stock worth $5,057,000 after acquiring an additional 223,720 shares during the last quarter. Finally, Atlantic Private Wealth LLC boosted its position in shares of Intel by 122.5% during the 4th quarter. Atlantic Private Wealth LLC now owns 2,510 shares of the chip maker’s stock worth $50,000 after purchasing an additional 1,382 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of research reports. Roth Mkm decreased their price target on Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Hsbc Global Res raised Intel from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Mizuho dropped their target price on Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a research report on Friday, January 10th. Wells Fargo & Company reduced their price target on shares of Intel from $28.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Intel from $26.00 to $23.00 and set an “underweight” rating for the company in a research note on Friday, January 31st. Four research analysts have rated the stock with a sell rating, twenty-eight have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $27.04.

Intel Trading Down 0.7 %

NASDAQ:INTC opened at $23.96 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. Intel Co. has a 52-week low of $18.51 and a 52-week high of $45.41. The stock’s 50 day moving average price is $21.85 and its 200 day moving average price is $21.96. The company has a market capitalization of $103.75 billion, a PE ratio of -5.47 and a beta of 1.02.

Intel (NASDAQ:INTC) last announced its 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 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.

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.