Intel Co. (NASDAQ:INTC) Shares Sold by Robinson Value Management Ltd.

Robinson Value Management Ltd. decreased its holdings in shares of Intel Co. (NASDAQ:INTC) by 11.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 71,725 shares of the chip maker’s stock after selling 8,975 shares during the period. Robinson Value Management Ltd.’s holdings in Intel were worth $1,438,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in INTC. Finley Financial LLC acquired a new stake in shares of Intel during the fourth quarter worth about $25,000. Keystone Financial Group Inc. acquired a new stake in Intel in the fourth quarter valued at about $29,000. Quest Partners LLC lifted its position in Intel by 7,370.6% in the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after purchasing an additional 1,253 shares during the period. West Financial Advisors LLC acquired a new stake in Intel in the fourth quarter valued at about $31,000. Finally, Groupama Asset Managment lifted its position in Intel by 6.3% in the third quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 8,084 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Down 1.4 %

Shares of INTC opened at $19.10 on Friday. The company’s fifty day moving average is $20.31 and its two-hundred day moving average is $22.00. Intel Co. has a fifty-two week low of $18.51 and a fifty-two week high of $46.63. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. Equities analysts predict that Intel Co. will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

INTC has been the subject of a number of recent analyst reports. HSBC upgraded shares of Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Hsbc Global Res upgraded shares of Intel from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Citigroup dropped their target price on shares of Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a report on Tuesday, January 21st. UBS Group dropped their target price on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, January 21st. Finally, Robert W. Baird increased their target price on shares of Intel from $20.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Five research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Intel has an average rating of “Hold” and a consensus price target of $26.60.

About Intel

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.