Personal Capital Advisors Corp Has $6.76 Million Holdings in Intel Co. (INTC)

Personal Capital Advisors Corp lowered its position in shares of Intel Co. (NASDAQ:INTC) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 146,475 shares of the chip maker’s stock after selling 2,270 shares during the quarter. Personal Capital Advisors Corp’s holdings in Intel were worth $6,761,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Naples Global Advisors LLC increased its holdings in shares of Intel by 11.2% in the 4th quarter. Naples Global Advisors LLC now owns 72,874 shares of the chip maker’s stock valued at $3,364,000 after purchasing an additional 7,353 shares in the last quarter. Professional Advisory Services Inc. increased its holdings in shares of Intel by 4,347.5% in the 4th quarter. Professional Advisory Services Inc. now owns 257,953 shares of the chip maker’s stock valued at $11,907,000 after purchasing an additional 252,153 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in shares of Intel by 100.4% in the 4th quarter. State of Alaska Department of Revenue now owns 800,078 shares of the chip maker’s stock valued at $36,928,000 after purchasing an additional 400,842 shares in the last quarter. Heritage Way Advisors LLC increased its holdings in shares of Intel by 92.8% in the 4th quarter. Heritage Way Advisors LLC now owns 114,832 shares of the chip maker’s stock valued at $5,301,000 after purchasing an additional 55,282 shares in the last quarter. Finally, BKD Wealth Advisors LLC increased its holdings in shares of Intel by 2.9% in the 4th quarter. BKD Wealth Advisors LLC now owns 60,283 shares of the chip maker’s stock valued at $2,783,000 after purchasing an additional 1,716 shares in the last quarter. Institutional investors own 69.13% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of INTC stock opened at $49.36 on Friday. Intel Co. has a 12 month low of $33.23 and a 12 month high of $53.78. The stock has a market cap of $237,274.45, a PE ratio of 24.93, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.36.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.22. Intel had a net margin of 15.30% and a return on equity of 24.33%. The business had revenue of $17.05 billion for the quarter, compared to analysts’ expectations of $16.34 billion. During the same period last year, the company earned $0.79 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. sell-side analysts predict that Intel Co. will post 3.51 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Monday, May 7th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, May 4th. This represents a $1.20 annualized dividend and a dividend yield of 2.43%. Intel’s dividend payout ratio is presently 60.61%.

In related news, CEO Brian M. Krzanich sold 8,659 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $49.40, for a total value of $427,754.60. Following the sale, the chief executive officer now directly owns 263,382 shares of the company’s stock, valued at $13,011,070.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Navin Shenoy sold 8,967 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $48.67, for a total transaction of $436,423.89. The disclosure for this sale can be found here. Insiders sold 123,914 shares of company stock worth $6,011,490 over the last three months. Corporate insiders own 0.08% of the company’s stock.

INTC has been the subject of a number of research analyst reports. Nomura reiterated a “buy” rating and issued a $50.00 price target on shares of Intel in a report on Thursday, January 4th. B. Riley reiterated a “buy” rating and issued a $53.00 price target on shares of Intel in a report on Thursday, January 4th. JPMorgan Chase & Co. set a $53.00 price target on shares of Intel and gave the company a “buy” rating in a report on Thursday, January 4th. Vetr downgraded shares of Intel from a “strong-buy” rating to a “buy” rating and set a $48.80 price target for the company. in a report on Tuesday, January 2nd. Finally, BidaskClub downgraded shares of Intel from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 27th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Intel currently has a consensus rating of “Buy” and a consensus target price of $50.17.

COPYRIGHT VIOLATION WARNING: “Personal Capital Advisors Corp Has $6.76 Million Holdings in Intel Co. (INTC)” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another publication, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this article can be read at https://www.tickerreport.com/banking-finance/3295964/personal-capital-advisors-corp-has-6-76-million-holdings-in-intel-co-intc.html.

About Intel

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).

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Co. (NASDAQ:INTC).

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Virtus Investment Partners Inc. to Post Q1 2018 Earnings of $2.41 Per Share, Jefferies Group Forecasts
Virtus Investment Partners Inc. to Post Q1 2018 Earnings of $2.41 Per Share, Jefferies Group Forecasts
Brokers Issue Forecasts for OceanaGold Co.’s Q1 2018 Earnings
Brokers Issue Forecasts for OceanaGold Co.’s Q1 2018 Earnings
UBS Group  Given a CHF 18 Price Target by Cfra Analysts
UBS Group Given a CHF 18 Price Target by Cfra Analysts
Canaccord Genuity Increases Detour Gold  Price Target to C$24.00
Canaccord Genuity Increases Detour Gold Price Target to C$24.00
ABB  PT Set at CHF 28 by Kepler Capital Markets
ABB PT Set at CHF 28 by Kepler Capital Markets
Klondex Mines  PT Raised to C$3.00 at Canaccord Genuity
Klondex Mines PT Raised to C$3.00 at Canaccord Genuity


© 2006-2018 Ticker Report. Google+.