Angeles Investment Advisors LLC Has $359,000 Stock Holdings in Intel Co. (NASDAQ:INTC)

Angeles Investment Advisors LLC raised its holdings in shares of Intel Co. (NASDAQ:INTC) by 21.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,918 shares of the chip maker’s stock after purchasing an additional 3,143 shares during the period. Angeles Investment Advisors LLC’s holdings in Intel were worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Finley Financial LLC acquired a new position in Intel during the fourth quarter worth $25,000. Synergy Investment Management LLC bought a new position in shares of Intel in the fourth quarter valued at about $27,000. BankPlus Trust Department acquired a new stake in Intel during the fourth quarter worth approximately $28,000. Keystone Financial Group Inc. acquired a new stake in Intel during the 4th quarter worth approximately $29,000. Finally, Quest Partners LLC boosted its position in shares of Intel by 7,370.6% in the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after acquiring an additional 1,253 shares during the period. Institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

INTC has been the topic of several analyst reports. Hsbc Global Res raised Intel from a “moderate sell” rating to a “hold” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. decreased their target price on shares of Intel from $26.00 to $23.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Bank of America raised Intel from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $19.00 to $25.00 in a research note on Thursday, March 13th. Citigroup lowered their target price on Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company dropped 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. Four research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and an average target price of $27.04.

Intel Trading Up 1.3 %

NASDAQ:INTC opened at $24.26 on Monday. Intel Co. has a 12 month low of $18.51 and a 12 month high of $45.41. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $21.95 and a 200-day moving average price of $22.01. The stock has a market cap of $105.05 billion, a price-to-earnings ratio of -5.54 and a beta of 1.02.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing the consensus estimate 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 analysts predict that Intel Co. will post -0.11 EPS for the current year.

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.