Mark Sheptoff Financial Planning LLC Increases Stock Position in Intel Co. (NASDAQ:INTC)

Mark Sheptoff Financial Planning LLC boosted its holdings in Intel Co. (NASDAQ:INTC) by 137.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,500 shares of the chip maker’s stock after purchasing an additional 16,500 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Intel were worth $571,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of INTC. Quest Partners LLC increased its holdings 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 purchasing an additional 1,253 shares during the period. Great Valley Advisor Group Inc. raised its position in Intel by 16.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 37,381 shares of the chip maker’s stock worth $877,000 after buying an additional 5,295 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Intel by 2.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 75,603 shares of the chip maker’s stock worth $1,774,000 after acquiring an additional 1,858 shares during the period. Swedbank AB lifted its stake in shares of Intel by 0.3% in the 3rd quarter. Swedbank AB now owns 1,666,889 shares of the chip maker’s stock worth $39,105,000 after acquiring an additional 4,300 shares during the period. Finally, Centaurus Financial Inc. increased its stake in shares of Intel by 12.2% during the third quarter. Centaurus Financial Inc. now owns 39,822 shares of the chip maker’s stock worth $934,000 after acquiring an additional 4,338 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Down 0.1 %

Shares of INTC opened at $24.20 on Wednesday. The firm has a market cap of $104.79 billion, a PE ratio of -5.53 and a beta of 1.02. 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 company’s fifty day moving average is $22.15 and its two-hundred day moving average is $22.08. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week high of $45.41.

Intel (NASDAQ:INTC) last announced its quarterly earnings results 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%. Analysts forecast that Intel Co. will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Benchmark restated a “hold” rating on shares of Intel in a research report on Friday, January 31st. JPMorgan Chase & Co. decreased their price target on Intel from $26.00 to $23.00 and set an “underweight” rating on the stock in a research note on Friday, January 31st. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, January 31st. Barclays decreased their target price on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. Finally, Stifel Nicolaus cut their price target 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 analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus 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.