DGS Capital Management LLC Buys 436 Shares of Intel Co. (NASDAQ:INTC)

DGS Capital Management LLC grew its stake in shares of Intel Co. (NASDAQ:INTC) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,466 shares of the chip maker’s stock after buying an additional 436 shares during the period. DGS Capital Management LLC’s holdings in Intel were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New Millennium Group LLC increased its position in Intel by 87.2% in the fourth quarter. New Millennium Group LLC now owns 496 shares of the chip maker’s stock worth $25,000 after purchasing an additional 231 shares during the last quarter. Cornerstone Planning Group LLC purchased a new position in Intel during the second quarter worth $25,000. Legacy Financial Group LLC purchased a new position in Intel during the third quarter worth $30,000. Milestone Investment Advisors LLC purchased a new position in Intel during the first quarter worth $32,000. Finally, Raleigh Capital Management Inc. boosted its stake in Intel by 62.8% during the third quarter. Raleigh Capital Management Inc. now owns 938 shares of the chip maker’s stock worth $33,000 after buying an additional 362 shares during the period. Institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Raymond James dropped their price objective on shares of Intel from $54.00 to $52.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Deutsche Bank Aktiengesellschaft lifted their price objective on Intel from $38.00 to $42.00 and gave the company a “hold” rating in a report on Monday, December 18th. Wells Fargo & Company decreased their price objective on Intel from $48.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, April 9th. Truist Financial restated a “hold” rating and issued a $45.00 price objective on shares of Intel in a report on Wednesday, April 3rd. Finally, TD Cowen reduced their target price on shares of Intel from $45.00 to $42.00 and set a “market perform” rating for the company in a report on Friday, January 26th. Four analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Intel has an average rating of “Hold” and an average target price of $42.69.

Intel Price Performance

NASDAQ INTC traded down $0.12 during mid-day trading on Tuesday, hitting $36.19. The stock had a trading volume of 10,582,730 shares, compared to its average volume of 46,718,180. The firm’s 50 day moving average is $42.45 and its 200 day moving average is $42.39. Intel Co. has a twelve month low of $26.85 and a twelve month high of $51.28. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.54 and a quick ratio of 1.15. The stock has a market capitalization of $153.01 billion, a price-to-earnings ratio of 92.62, a PEG ratio of 3.16 and a beta of 1.00.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 25th. The chip maker reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.27. Intel had a return on equity of 1.64% and a net margin of 3.11%. The business had revenue of $15.40 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same period last year, the company earned $0.10 EPS. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. Equities research analysts forecast that Intel Co. will post 0.62 earnings per share for the current fiscal year.

Intel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Wednesday, February 7th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend was Tuesday, February 6th. Intel’s dividend payout ratio (DPR) is 128.21%.

Insider Activity at Intel

In related news, CEO Patrick P. Gelsinger acquired 2,800 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was acquired at an average price of $42.74 per share, for a total transaction of $119,672.00. Following the purchase, the chief executive officer now owns 31,275 shares of the company’s stock, valued at approximately $1,336,693.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Patrick P. Gelsinger acquired 2,800 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was acquired at an average price of $42.74 per share, for a total transaction of $119,672.00. Following the purchase, the chief executive officer now owns 31,275 shares of the company’s stock, valued at approximately $1,336,693.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Patrick P. Gelsinger acquired 3,000 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was bought at an average price of $43.36 per share, with a total value of $130,080.00. Following the purchase, the chief executive officer now directly owns 28,475 shares in the company, valued at approximately $1,234,676. The disclosure for this purchase can be found here. 0.04% of the stock is currently owned by company insiders.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.