Edmond DE Rothschild Holding S.A. raised its stake in Intel Corporation (NASDAQ:INTC) by 113.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 44,301 shares of the chip maker’s stock after buying an additional 23,516 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Intel Corporation were worth $1,598,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Shepherd Financial Partners LLC acquired a new position in Intel Corporation during the fourth quarter valued at $719,000. Biegel & Waller LLC acquired a new position in Intel Corporation during the fourth quarter valued at $252,000. CAMG Solamere Management LLC acquired a new position in Intel Corporation during the fourth quarter valued at $3,119,000. Bridgeworth LLC acquired a new position in Intel Corporation during the fourth quarter valued at $320,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in Intel Corporation by 4.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,735,473 shares of the chip maker’s stock valued at $389,376,000 after buying an additional 417,669 shares in the last quarter. 67.50% of the stock is owned by institutional investors and hedge funds.

Shares of Intel Corporation (INTC) traded up 0.069% during trading on Friday, hitting $36.165. The stock had a trading volume of 4,422,455 shares. The company has a market capitalization of $169.94 billion, a P/E ratio of 13.803 and a beta of 1.01. Intel Corporation has a 1-year low of $33.23 and a 1-year high of $38.45. The firm has a 50-day moving average of $34.80 and a 200 day moving average of $35.73.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, August 7th will be issued a dividend of $0.2725 per share. This represents a $1.09 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Thursday, August 3rd. Intel Corporation’s dividend payout ratio is currently 41.76%.

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Several equities analysts recently weighed in on INTC shares. Royal Bank Of Canada reissued a “hold” rating and set a $37.00 price objective on shares of Intel Corporation in a research report on Monday, April 17th. Wells Fargo & Company restated an “outperform” rating and set a $45.00 price target on shares of Intel Corporation in a research note on Wednesday, April 19th. Vetr lowered Intel Corporation from a “hold” rating to a “sell” rating and set a $35.07 price target on the stock. in a research note on Thursday, April 20th. Sanford C. Bernstein restated a “sell” rating on shares of Intel Corporation in a research note on Tuesday, April 25th. Finally, B. Riley restated a “buy” rating and set a $44.00 price target on shares of Intel Corporation in a research note on Friday, April 28th. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and twenty-seven have given a buy rating to the company’s stock. Intel Corporation currently has a consensus rating of “Hold” and a consensus target price of $40.55.

In related news, insider Venkata S. M. Renduchintala sold 1,424 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $36.40, for a total transaction of $51,833.60. Following the transaction, the insider now owns 1,536 shares of the company’s stock, valued at approximately $55,910.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Robert Holmes Swan bought 13,888 shares of Intel Corporation stock in a transaction that occurred on Monday, June 5th. The shares were acquired at an average cost of $36.31 per share, for a total transaction of $504,273.28. Following the acquisition, the chief financial officer now owns 8,774 shares in the company, valued at approximately $318,583.94. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 91,921 shares of company stock worth $3,130,162. 0.09% of the stock is owned by insiders.

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).

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Institutional Ownership by Quarter for Intel Corporation (NASDAQ:INTC)

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