Security Asset Management held its position in shares of Intel Corporation (NASDAQ:INTC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,468 shares of the chip maker’s stock at the end of the 2nd quarter. Security Asset Management’s holdings in Intel Corporation were worth $151,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Murphy Capital Management Inc. boosted its stake in shares of Intel Corporation by 18.4% during the second quarter. Murphy Capital Management Inc. now owns 31,721 shares of the chip maker’s stock valued at $1,070,000 after purchasing an additional 4,928 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of Intel Corporation by 0.5% during the first quarter. Sigma Planning Corp now owns 64,672 shares of the chip maker’s stock valued at $2,333,000 after purchasing an additional 335 shares in the last quarter. Stockman Wealth Management Inc. boosted its stake in shares of Intel Corporation by 2.3% during the first quarter. Stockman Wealth Management Inc. now owns 128,104 shares of the chip maker’s stock valued at $4,621,000 after purchasing an additional 2,903 shares in the last quarter. Pillar Pacific Capital Management LLC boosted its stake in shares of Intel Corporation by 0.4% during the first quarter. Pillar Pacific Capital Management LLC now owns 235,734 shares of the chip maker’s stock valued at $8,503,000 after purchasing an additional 930 shares in the last quarter. Finally, GFS Advisors LLC boosted its stake in shares of Intel Corporation by 9.2% during the first quarter. GFS Advisors LLC now owns 114,035 shares of the chip maker’s stock valued at $4,114,000 after purchasing an additional 9,635 shares in the last quarter. 67.02% of the stock is currently owned by institutional investors and hedge funds.

Intel Corporation (NASDAQ:INTC) opened at 40.09 on Friday. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $40.33. The stock’s 50 day moving average price is $37.76 and its 200 day moving average price is $36.06. The company has a market capitalization of $188.38 billion, a price-to-earnings ratio of 15.30 and a beta of 1.07.

Intel Corporation (NASDAQ:INTC) last issued its earnings results on Thursday, July 27th. The chip maker reported $0.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.04. Intel Corporation had a return on equity of 21.86% and a net margin of 20.60%. The firm had revenue of $14.76 billion for the quarter, compared to analysts’ expectations of $14.39 billion. During the same period in the previous year, the firm posted $0.59 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. Equities research analysts anticipate that Intel Corporation will post $3.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Tuesday, November 7th will be issued a $0.2725 dividend. The ex-dividend date is Monday, November 6th. This represents a $1.09 annualized dividend and a dividend yield of 2.72%. Intel Corporation’s dividend payout ratio (DPR) is 41.76%.

In other news, EVP Diane M. Bryant sold 1,639 shares of Intel Corporation stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $34.65, for a total value of $56,791.35. Following the sale, the executive vice president now directly owns 114,542 shares of the company’s stock, valued at $3,968,880.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian M. Krzanich sold 61,860 shares of Intel Corporation stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $38.74, for a total value of $2,396,456.40. Following the completion of the sale, the chief executive officer now directly owns 543,948 shares in the company, valued at $21,072,545.52. The disclosure for this sale can be found here. Insiders sold 81,608 shares of company stock worth $3,095,110 over the last ninety days. Insiders own 0.08% of the company’s stock.

A number of brokerages have recently commented on INTC. Goldman Sachs Group, Inc. (The) reissued a “hold” rating on shares of Intel Corporation in a research note on Wednesday. Vetr raised Intel Corporation from a “buy” rating to a “strong-buy” rating and set a $49.90 price target on the stock in a research note on Tuesday. Susquehanna Bancshares Inc lifted their price target on Intel Corporation from $45.00 to $46.00 and gave the company a “positive” rating in a research note on Tuesday, October 10th. Mizuho reissued a “buy” rating and set a $45.00 price target (up from $42.00) on shares of Intel Corporation in a research note on Monday, October 9th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $40.00 price target (up from $37.00) on shares of Intel Corporation in a research note on Friday, October 6th. Five investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $41.09.

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About Intel Corporation

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 Corporation (NASDAQ:INTC)

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