Green Square Capital LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 18.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 168,831 shares of the chip maker’s stock after buying an additional 26,465 shares during the period. Green Square Capital LLC’s holdings in Intel Corporation were worth $6,090,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. RB Capital Management LLC purchased a new position in Intel Corporation during the fourth quarter worth about $858,000. Lebenthal Asset Management LLC increased its position in Intel Corporation by 0.5% in the fourth quarter. Lebenthal Asset Management LLC now owns 257,838 shares of the chip maker’s stock worth $9,352,000 after buying an additional 1,346 shares during the last quarter. Sustainable Insight Capital Management LLC purchased a new position in Intel Corporation during the fourth quarter worth about $1,193,000. Independent Advisor Alliance purchased a new position in Intel Corporation during the fourth quarter worth about $1,383,000. Finally, Archford Capital Strategies LLC increased its position in Intel Corporation by 4.6% in the fourth quarter. Archford Capital Strategies LLC now owns 23,375 shares of the chip maker’s stock worth $847,000 after buying an additional 1,026 shares during the last quarter. 67.31% of the stock is currently owned by institutional investors.

Intel Corporation (NASDAQ:INTC) traded up 1.101% during midday trading on Monday, reaching $36.265. The company’s stock had a trading volume of 3,049,936 shares. Intel Corporation has a 1-year low of $33.23 and a 1-year high of $38.45. The company has a 50 day moving average price of $34.84 and a 200 day moving average price of $35.72. The firm has a market cap of $170.41 billion, a price-to-earnings ratio of 13.842 and a beta of 1.01.

Intel Corporation (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 27th. The chip maker reported $0.72 earnings per share (EPS) for the quarter, topping the 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 business had revenue of $14.76 billion for the quarter, compared to analysts’ expectations of $14.39 billion. During the same quarter last year, the firm earned $0.59 earnings per share. The business’s revenue was up 9.1% on a year-over-year basis. On average, equities research analysts expect that Intel Corporation will post $3.01 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Stockholders 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 3.04%. The ex-dividend date is Thursday, August 3rd. Intel Corporation’s dividend payout ratio (DPR) is 41.76%.

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A number of equities analysts have recently issued reports on the company. Jefferies Group LLC reissued an “underperform” rating and set a $30.00 price target (up previously from $29.00) on shares of Intel Corporation in a research report on Friday, July 28th. They noted that the move was a valuation call. Hilliard Lyons assumed coverage on Intel Corporation in a research report on Wednesday, July 12th. They set a “buy” rating and a $41.00 price target on the stock. Canaccord Genuity reissued a “hold” rating on shares of Intel Corporation in a research report on Saturday, June 3rd. Northland Securities set a $40.00 price target on Intel Corporation and gave the stock a “hold” rating in a research report on Friday, July 28th. Finally, Barclays PLC reissued an “overweight” rating on shares of Intel Corporation in a research report on Friday, July 21st. Five analysts have rated the stock with a sell rating, sixteen have given a hold rating and twenty-seven have given a buy rating to the company. Intel Corporation presently has a consensus rating of “Hold” and an average price target of $40.55.

In other news, CEO Brian M. Krzanich sold 72,173 shares of the firm’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $33.69, for a total transaction of $2,431,508.37. Following the sale, the chief executive officer now owns 534,746 shares in the company, valued at $18,015,592.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Diane M. Bryant sold 1,639 shares of the firm’s stock in a transaction on 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 owns 114,542 shares in the company, valued at approximately $3,968,880.30. The disclosure for this sale can be found here. Insiders have sold 91,921 shares of company stock worth $3,130,162 in the last 90 days. Insiders own 0.09% of the company’s stock.

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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