Intl Fcstone Inc. acquired a new stake in shares of Intel Co. (NASDAQ:INTC) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 12,149 shares of the chip maker’s stock, valued at approximately $410,000.

Several other hedge funds and other institutional investors also recently modified their holdings of INTC. Janus Henderson Group PLC lifted its holdings in shares of Intel by 4,951.1% during the second quarter. Janus Henderson Group PLC now owns 20,455,051 shares of the chip maker’s stock valued at $690,156,000 after acquiring an additional 20,050,088 shares during the period. Capital Research Global Investors increased its stake in shares of Intel by 9.1% in the second quarter. Capital Research Global Investors now owns 128,581,621 shares of the chip maker’s stock valued at $4,338,344,000 after buying an additional 10,744,753 shares in the last quarter. Capital World Investors increased its stake in shares of Intel by 5.5% in the second quarter. Capital World Investors now owns 197,750,361 shares of the chip maker’s stock valued at $6,672,097,000 after buying an additional 10,257,260 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Intel by 2.5% in the second quarter. Vanguard Group Inc. now owns 333,500,073 shares of the chip maker’s stock valued at $11,252,292,000 after buying an additional 8,087,302 shares in the last quarter. Finally, Glenview Capital Management LLC acquired a new stake in shares of Intel in the first quarter valued at $177,881,000. 67.69% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on INTC shares. Zacks Investment Research upgraded Intel from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Friday, September 22nd. Canaccord Genuity raised their target price on Intel from $41.00 to $45.00 and gave the company a “hold” rating in a research note on Friday, November 17th. ValuEngine lowered Intel from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Robert W. Baird restated an “outperform” rating and issued a $45.00 target price on shares of Intel in a research note on Tuesday, September 5th. Finally, BMO Capital Markets raised their target price on Intel from $34.00 to $37.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $43.94.

In other news, insider Venkata S. M. Renduchintala sold 1,424 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total transaction of $66,543.52. Following the completion of the transaction, the insider now directly owns 1,536 shares in the company, valued at approximately $71,777.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Andy D. Bryant sold 89,087 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $44.80, for a total value of $3,991,097.60. Following the transaction, the chairman now owns 428,789 shares of the company’s stock, valued at $19,209,747.20. The disclosure for this sale can be found here. Insiders have sold a total of 1,548,914 shares of company stock valued at $68,196,589 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Intel Co. (INTC) opened at $44.56 on Friday. The stock has a market capitalization of $202,456.80, a PE ratio of 13.60, a PEG ratio of 1.58 and a beta of 1.06. Intel Co. has a 12-month low of $33.23 and a 12-month high of $47.30. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.21. The company 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%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 EPS. equities research analysts predict that Intel Co. will post 3.25 earnings per share for the current fiscal year.

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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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