Knights of Columbus Asset Advisors LLC Has $406,000 Stake in Intel Co. (NASDAQ:INTC)

Knights of Columbus Asset Advisors LLC decreased its holdings in shares of Intel Co. (NASDAQ:INTC) by 50.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,273 shares of the chip maker’s stock after selling 20,979 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Intel were worth $406,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of INTC. Quest Partners LLC grew its position in shares of Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after buying an additional 1,253 shares during the period. Intech Investment Management LLC grew its position in shares of Intel by 26.6% during the 3rd quarter. Intech Investment Management LLC now owns 185,049 shares of the chip maker’s stock worth $4,341,000 after buying an additional 38,916 shares during the period. Thompson Siegel & Walmsley LLC grew its position in shares of Intel by 95.1% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 26,076 shares of the chip maker’s stock worth $612,000 after buying an additional 12,711 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Intel by 12.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,095,962 shares of the chip maker’s stock worth $189,931,000 after buying an additional 910,345 shares during the period. Finally, Pacer Advisors Inc. grew its position in shares of Intel by 5.2% during the 3rd quarter. Pacer Advisors Inc. now owns 603,456 shares of the chip maker’s stock worth $14,157,000 after buying an additional 29,652 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $24.26 on Friday. The company’s fifty day simple moving average is $21.95 and its 200-day simple moving average is $21.99. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The firm has a market cap of $105.05 billion, a PE ratio of -5.54 and a beta of 1.02. Intel Co. has a 12 month low of $18.51 and a 12 month high of $45.41.

Intel (NASDAQ:INTC) last announced its quarterly earnings data 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%. Equities research analysts expect that Intel Co. will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on INTC shares. Rosenblatt Securities restated a “sell” rating and set a $20.00 price objective on shares of Intel in a report on Thursday, January 30th. Bank of America upgraded shares of Intel from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $19.00 to $25.00 in a report on Thursday, March 13th. Truist Financial decreased their price objective on shares of Intel from $22.00 to $21.00 and set a “hold” rating for the company in a report on Friday, January 31st. Mizuho decreased their price objective 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. Finally, Stifel Nicolaus decreased their price objective on shares of Intel from $25.00 to $21.00 and set a “hold” rating for the company in a report 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 given a buy rating to the stock. According to MarketBeat, Intel has a consensus rating of “Hold” and an average price target of $27.04.

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.