PFG Advisors Has $505,000 Stock Holdings in Intel Co. (NASDAQ:INTC)

PFG Advisors trimmed its position in Intel Co. (NASDAQ:INTC) by 10.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,191 shares of the chip maker’s stock after selling 2,909 shares during the period. PFG Advisors’ holdings in Intel were worth $505,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of INTC. Finley Financial LLC acquired a new stake in shares of Intel in the 4th quarter valued at approximately $25,000. Synergy Investment Management LLC bought a new stake in Intel during the 4th quarter worth approximately $27,000. BankPlus Trust Department bought a new stake in Intel during the 4th quarter worth approximately $28,000. Keystone Financial Group Inc. bought a new stake in Intel during the 4th quarter worth approximately $29,000. Finally, Quest Partners LLC increased its stake in Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after purchasing an additional 1,253 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Up 1.5 %

INTC stock opened at $24.05 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. The company has a fifty day moving average price of $21.45 and a two-hundred day moving average price of $21.84. Intel Co. has a one year low of $18.51 and a one year high of $45.41. The stock has a market cap of $104.14 billion, a price-to-earnings ratio of -5.49 and a beta of 1.02.

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Hsbc Global Res raised Intel from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Stifel Nicolaus lowered their target price on Intel from $25.00 to $21.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Bank of America raised Intel from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $19.00 to $25.00 in a research note on Thursday. Cantor Fitzgerald increased their target price on Intel from $22.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Finally, Rosenblatt Securities reaffirmed a “sell” rating and set a $20.00 price target on shares of Intel in a research note on Thursday, January 30th. Four analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $27.04.

Intel 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.