Thompson Davis & CO. Inc. decreased its position in shares of Intel Co. (NASDAQ:INTC) by 32.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,902 shares of the chip maker’s stock after selling 10,162 shares during the quarter. Intel accounts for approximately 1.4% of Thompson Davis & CO. Inc.’s holdings, making the stock its 7th largest position. Thompson Davis & CO. Inc.’s holdings in Intel were worth $796,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Intel by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 333,500,073 shares of the chip maker’s stock worth $11,252,292,000 after purchasing an additional 8,087,302 shares during the period. Capital World Investors boosted its stake in Intel by 5.5% in the 2nd quarter. Capital World Investors now owns 197,750,361 shares of the chip maker’s stock worth $6,672,097,000 after purchasing an additional 10,257,260 shares during the period. Capital Research Global Investors boosted its stake in Intel by 9.1% in the 2nd quarter. Capital Research Global Investors now owns 128,581,621 shares of the chip maker’s stock worth $4,338,344,000 after purchasing an additional 10,744,753 shares during the period. Dimensional Fund Advisors LP boosted its stake in Intel by 0.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 50,601,299 shares of the chip maker’s stock worth $1,707,253,000 after purchasing an additional 177,919 shares during the period. Finally, Legal & General Group Plc boosted its stake in Intel by 1.6% in the 2nd quarter. Legal & General Group Plc now owns 25,508,803 shares of the chip maker’s stock worth $860,658,000 after purchasing an additional 412,747 shares during the period. Institutional investors own 67.54% of the company’s stock.

Intel Co. (INTC) opened at $44.74 on Tuesday. The firm has a market capitalization of $209,380.00, a PE ratio of 15.70, a P/E/G ratio of 1.62 and a beta of 1.06. 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 Co. has a 1-year low of $33.23 and a 1-year high of $47.64.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.21. The company had revenue of $16.15 billion for the quarter, compared to analysts’ expectations of $15.73 billion. Intel had a return on equity of 22.65% and a net margin of 22.31%. Intel’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period last year, the firm posted $0.80 EPS. research analysts anticipate that Intel Co. will post 3.25 earnings per share for the current year.

In related news, insider Stacy J. Smith sold 472,337 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $44.23, for a total transaction of $20,891,465.51. Following the transaction, the insider now directly owns 265,298 shares in the company, valued at approximately $11,734,130.54. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Brian M. Krzanich sold 889,878 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total value of $39,323,708.82. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,487,054 shares of company stock worth $65,800,132. 0.08% of the stock is currently owned by insiders.

Several brokerages have commented on INTC. Argus restated a “buy” rating and issued a $50.00 target price on shares of Intel in a research note on Friday. Oppenheimer restated a “hold” rating on shares of Intel in a research note on Thursday, January 4th. Nomura restated a “buy” rating and issued a $50.00 target price on shares of Intel in a research note on Thursday, January 4th. B. Riley restated a “buy” rating and issued a $53.00 target price on shares of Intel in a research note on Thursday, January 4th. Finally, JPMorgan Chase & Co. set a $53.00 target price on Intel and gave the stock a “buy” rating in a research note on Thursday, January 4th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Intel presently has an average rating of “Buy” and an average price target of $44.78.

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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).

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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