Vontobel Holding Ltd. Increases Position in Intel Co. (NASDAQ:INTC)

Vontobel Holding Ltd. raised its holdings in shares of Intel Co. (NASDAQ:INTC) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,149,202 shares of the chip maker’s stock after buying an additional 5,569 shares during the period. Vontobel Holding Ltd.’s holdings in Intel were worth $23,042,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Quest Partners LLC boosted its position in shares of Intel by 7,370.6% during the third 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 during the period. Finley Financial LLC purchased a new position in shares of Intel during the fourth quarter valued at approximately $25,000. Keystone Financial Group Inc. purchased a new position in shares of Intel during the fourth quarter valued at approximately $29,000. FSA Wealth Management LLC purchased a new position in shares of Intel during the third quarter valued at approximately $34,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Intel during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on INTC shares. Bank of America reaffirmed an “underperform” rating and set a $21.00 price target on shares of Intel in a research note on Tuesday, December 3rd. Northland Securities decreased their price target on shares of Intel from $42.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. JPMorgan Chase & Co. decreased their price target 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. HSBC raised shares of Intel from a “reduce” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Mizuho decreased their price target on shares of Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Five 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 stock. According to data from MarketBeat, Intel has an average rating of “Hold” and an average target price of $26.60.

Intel Price Performance

Shares of INTC opened at $23.60 on Friday. The firm has a market capitalization of $102.19 billion, a PE ratio of -5.39 and a beta of 1.08. 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 Co. has a 1-year low of $18.51 and a 1-year high of $46.63. The company’s fifty day moving average price is $20.28 and its 200-day moving average price is $21.73.

Intel (NASDAQ:INTC) last announced its quarterly earnings data 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 net margin of 35.32% and a negative return on equity of 3.27%. On average, equities research analysts predict 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.