Intel Co. (INTC) is Oregon Public Employees Retirement Fund’s 5th Largest Position

Oregon Public Employees Retirement Fund boosted its holdings in Intel Co. (NASDAQ:INTC) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,005,427 shares of the chip maker’s stock after acquiring an additional 26,109 shares during the quarter. Intel comprises about 1.2% of Oregon Public Employees Retirement Fund’s investment portfolio, making the stock its 5th biggest holding. Oregon Public Employees Retirement Fund’s holdings in Intel were worth $76,367,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of INTC. Vanguard Group Inc. grew its stake in Intel by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 333,500,073 shares of the chip maker’s stock valued at $11,252,292,000 after acquiring an additional 8,087,302 shares in the last quarter. Capital World Investors grew its stake in Intel by 5.5% during the 2nd quarter. Capital World Investors now owns 197,750,361 shares of the chip maker’s stock valued at $6,672,097,000 after acquiring an additional 10,257,260 shares in the last quarter. Capital Research Global Investors grew its stake in Intel by 9.1% during the 2nd quarter. Capital Research Global Investors now owns 128,581,621 shares of the chip maker’s stock valued at $4,338,344,000 after acquiring an additional 10,744,753 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Intel by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 50,601,299 shares of the chip maker’s stock valued at $1,707,253,000 after acquiring an additional 177,919 shares in the last quarter. Finally, Parnassus Investments CA grew its stake in Intel by 0.3% during the 3rd quarter. Parnassus Investments CA now owns 25,599,838 shares of the chip maker’s stock valued at $974,842,000 after acquiring an additional 70,733 shares in the last quarter. Hedge funds and other institutional investors own 67.56% of the company’s stock.

Intel Co. (INTC) opened at $44.39 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.60 and a quick ratio of 1.27. The company has a market capitalization of $207,750.00, a price-to-earnings ratio of 15.58, a P/E/G ratio of 1.56 and a beta of 1.06. Intel Co. has a 12 month low of $33.23 and a 12 month high of $47.64.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 26th. The chip maker reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.21. The business had revenue of $16.15 billion during the quarter, compared to analyst estimates of $15.73 billion. Intel had a return on equity of 22.65% and a net margin of 22.31%. Intel’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.80 earnings per share. research analysts predict that Intel Co. will post 3.25 EPS for the current fiscal year.

Several equities analysts have weighed in on INTC shares. Zacks Investment Research raised Intel from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Friday, September 22nd. Stifel Nicolaus lifted their target price on Intel from $41.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, October 20th. Sanford C. Bernstein set a $34.00 target price on Intel and gave the company a “sell” rating in a research note on Friday, October 27th. Vetr cut Intel from a “strong-buy” rating to a “buy” rating and set a $48.80 target price on the stock. in a research note on Tuesday, January 2nd. Finally, Instinet lifted their target price on Intel to $50.00 and gave the company a “buy” rating in a research note on Tuesday, December 5th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty-eight have issued a buy rating to the company’s stock. Intel has a consensus rating of “Buy” and a consensus target price of $44.77.

In related news, CEO Brian M. Krzanich sold 889,878 shares of the company’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total value of $39,323,708.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Diane M. Bryant sold 1,639 shares of the company’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $40.91, for a total value of $67,051.49. Following the completion of the transaction, the executive vice president now owns 113,086 shares of the company’s stock, valued at $4,626,348.26. The disclosure for this sale can be found here. Insiders sold 1,487,054 shares of company stock valued at $65,800,132 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

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Intel Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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