New England Capital Financial Advisors LLC Has $85,000 Stock Position in Intel Co. (NASDAQ:INTC)

New England Capital Financial Advisors LLC lowered its position in Intel Co. (NASDAQ:INTC) by 19.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,693 shares of the chip maker’s stock after selling 396 shares during the period. New England Capital Financial Advisors LLC’s holdings in Intel were worth $85,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Douglas Lane & Associates LLC lifted its holdings in shares of Intel by 3.6% in the third quarter. Douglas Lane & Associates LLC now owns 45,999 shares of the chip maker’s stock valued at $1,635,000 after purchasing an additional 1,600 shares in the last quarter. Traynor Capital Management Inc. lifted its holdings in shares of Intel by 7.0% in the third quarter. Traynor Capital Management Inc. now owns 9,939 shares of the chip maker’s stock valued at $353,000 after purchasing an additional 648 shares in the last quarter. Flagship Harbor Advisors LLC lifted its holdings in shares of Intel by 8.5% in the third quarter. Flagship Harbor Advisors LLC now owns 30,164 shares of the chip maker’s stock valued at $1,072,000 after purchasing an additional 2,369 shares in the last quarter. Impact Partnership Wealth LLC lifted its holdings in shares of Intel by 85.8% in the third quarter. Impact Partnership Wealth LLC now owns 4,162 shares of the chip maker’s stock valued at $148,000 after purchasing an additional 1,922 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in shares of Intel by 70.1% in the third quarter. Fifth Third Wealth Advisors LLC now owns 11,648 shares of the chip maker’s stock valued at $414,000 after purchasing an additional 4,800 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Activity at Intel

In other Intel news, CEO Patrick P. Gelsinger purchased 3,000 shares of Intel stock in a transaction that occurred on Monday, January 29th. The shares were bought at an average price of $43.36 per share, for a total transaction of $130,080.00. Following the acquisition, the chief executive officer now directly owns 28,475 shares in the company, valued at $1,234,676. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Intel news, CEO Patrick P. Gelsinger purchased 2,800 shares of Intel stock in a transaction that occurred on Thursday, February 1st. The shares were bought at an average price of $42.74 per share, for a total transaction of $119,672.00. Following the acquisition, the chief executive officer now directly owns 31,275 shares in the company, valued at $1,336,693.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Patrick P. Gelsinger purchased 3,000 shares of Intel stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average price of $43.36 per share, for a total transaction of $130,080.00. Following the acquisition, the chief executive officer now owns 28,475 shares in the company, valued at $1,234,676. The disclosure for this purchase can be found here. 0.04% of the stock is owned by company insiders.

Intel Trading Down 0.4 %

Shares of NASDAQ INTC traded down $0.13 during midday trading on Tuesday, reaching $34.28. The company had a trading volume of 46,719,967 shares, compared to its average volume of 46,893,191. Intel Co. has a one year low of $26.85 and a one year high of $51.28. The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.43. The firm’s fifty day moving average price is $41.48 and its 200-day moving average price is $42.36. The stock has a market cap of $144.94 billion, a PE ratio of 87.90, a price-to-earnings-growth ratio of 3.07 and a beta of 1.00.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, January 25th. The chip maker reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.27. Intel had a return on equity of 1.64% and a net margin of 3.11%. The company had revenue of $15.40 billion during the quarter, compared to analyst estimates of $15.16 billion. During the same quarter in the previous year, the company posted $0.10 EPS. Intel’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, equities research analysts anticipate that Intel Co. will post 0.61 earnings per share for the current year.

Intel Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Wednesday, February 7th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Tuesday, February 6th. Intel’s dividend payout ratio (DPR) is presently 128.21%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on INTC shares. Wells Fargo & Company dropped their target price on Intel from $48.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 9th. Susquehanna dropped their target price on Intel from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, April 17th. Stifel Nicolaus reiterated a “hold” rating and set a $45.00 price target on shares of Intel in a report on Wednesday, April 3rd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $50.00 price target on shares of Intel in a research report on Wednesday, April 3rd. Finally, UBS Group lifted their price target on Intel from $46.00 to $50.00 and gave the company a “neutral” rating in a research report on Monday, April 1st. Four analysts have rated the stock with a sell rating, twenty have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $42.38.

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.