Stokes Family Office LLC Has $1.09 Million Stock Holdings in Intel Co. (NASDAQ:INTC)

Stokes Family Office LLC decreased its holdings in shares of Intel Co. (NASDAQ:INTC) by 23.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,090 shares of the chip maker’s stock after selling 16,820 shares during the period. Stokes Family Office LLC’s holdings in Intel were worth $1,085,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Dunhill Financial LLC raised its holdings in shares of Intel by 22.6% in the third quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock valued at $56,000 after purchasing an additional 438 shares during the last quarter. CFM Wealth Partners LLC raised its holdings in shares of Intel by 4.0% in the fourth quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock valued at $263,000 after purchasing an additional 500 shares during the last quarter. Wealth Quarterback LLC raised its holdings in shares of Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock valued at $510,000 after purchasing an additional 508 shares during the last quarter. Missouri Trust & Investment Co raised its holdings in shares of Intel by 3.6% in the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock valued at $314,000 after purchasing an additional 550 shares during the last quarter. Finally, Riverview Trust Co raised its holdings in shares of Intel by 2.0% in the fourth quarter. Riverview Trust Co now owns 28,567 shares of the chip maker’s stock valued at $573,000 after purchasing an additional 565 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Benchmark reiterated a “hold” rating on shares of Intel in a report on Friday, January 31st. Roth Mkm reduced their price target on shares of Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. HSBC upgraded shares of Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Rosenblatt Securities restated a “sell” rating and set a $20.00 price target on shares of Intel in a research report on Thursday, January 30th. Finally, Bank of America upgraded shares of Intel from an “underperform” rating to a “neutral” rating and increased their price target for the company from $19.00 to $25.00 in a research report on Thursday, March 13th. Four research analysts have rated the stock with a sell rating, twenty-eight have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $27.04.

Intel Trading Up 0.9 %

NASDAQ INTC opened at $25.92 on Wednesday. The stock’s 50-day simple moving average is $21.68 and its two-hundred day simple moving average is $21.93. Intel Co. has a twelve month low of $18.51 and a twelve month high of $45.41. 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 has a market capitalization of $112.23 billion, a price-to-earnings ratio of -5.92 and a beta of 1.02.

Intel (NASDAQ:INTC) last released its quarterly earnings results 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%. Research analysts forecast that Intel Co. will post -0.11 EPS for the current fiscal 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.