GWN Securities Inc. Takes Position in Intel Co. (NASDAQ:INTC)

GWN Securities Inc. bought a new stake in shares of Intel Co. (NASDAQ:INTC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,004 shares of the chip maker’s stock, valued at approximately $458,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC grew its stake in Intel by 22.6% in the third quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock worth $56,000 after purchasing an additional 438 shares during the period. Beaton Management Co. Inc. grew its stake in Intel by 2.2% in the third quarter. Beaton Management Co. Inc. now owns 23,208 shares of the chip maker’s stock worth $544,000 after purchasing an additional 500 shares during the period. CFM Wealth Partners LLC grew its stake in Intel by 4.0% in the fourth quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock worth $263,000 after purchasing an additional 500 shares during the period. Wealth Quarterback LLC grew its stake in Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock worth $510,000 after purchasing an additional 508 shares during the period. Finally, Missouri Trust & Investment Co grew its stake in Intel by 3.6% in the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock worth $314,000 after purchasing an additional 550 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of INTC opened at $24.05 on Monday. 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 business has a 50-day simple moving average of $21.45 and a two-hundred day simple moving average of $21.87. The stock has a market cap of $104.14 billion, a price-to-earnings ratio of -5.49 and a beta of 1.02. Intel Co. has a 52 week low of $18.51 and a 52 week high of $45.41.

Intel (NASDAQ:INTC) last issued 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, analysts expect that Intel Co. will post -0.11 EPS for the current year.

Analysts Set New Price Targets

INTC has been the topic of several recent research reports. HSBC raised Intel from a “reduce” rating to a “hold” rating in a research note on Tuesday, January 21st. Rosenblatt Securities reissued a “sell” rating and issued a $20.00 target price on shares of Intel in a report on Thursday, January 30th. Roth Mkm dropped their target price on Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Mizuho dropped their target price on Intel from $23.00 to $21.00 and set a “neutral” rating on the stock in a report on Friday, January 10th. Finally, Bank of America raised Intel from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $19.00 to $25.00 in a report on Thursday. Four research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus target price of $27.04.

About Intel

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.