SPC Financial Inc. Has $247,000 Holdings in Intel Co. (NASDAQ:INTC)

SPC Financial Inc. increased its stake in shares of Intel Co. (NASDAQ:INTC) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,308 shares of the chip maker’s stock after purchasing an additional 1,379 shares during the period. SPC Financial Inc.’s holdings in Intel were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in INTC. Dunhill Financial LLC increased its stake in Intel by 22.6% in the 3rd quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock valued at $56,000 after buying an additional 438 shares during the last quarter. Beaton Management Co. Inc. increased its stake in Intel by 2.2% in the 3rd quarter. Beaton Management Co. Inc. now owns 23,208 shares of the chip maker’s stock valued at $544,000 after buying an additional 500 shares during the last quarter. CFM Wealth Partners LLC increased its stake in Intel by 4.0% in the 4th quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock valued at $263,000 after buying an additional 500 shares during the last quarter. Wealth Quarterback LLC increased its stake in Intel by 2.0% in the 4th quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock valued at $510,000 after buying an additional 508 shares during the last quarter. Finally, Missouri Trust & Investment Co increased its stake in shares of Intel by 3.6% during the 4th quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock worth $314,000 after purchasing an additional 550 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. UBS Group decreased their price target on shares of Intel from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, January 21st. Rosenblatt Securities restated a “sell” rating and set a $20.00 price target on shares of Intel in a research note on Thursday, January 30th. Bank of America restated an “underperform” rating and set a $21.00 price target on shares of Intel in a research note on Tuesday, December 3rd. Needham & Company LLC restated a “hold” rating on shares of Intel in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Intel from $26.00 to $23.00 and set an “underweight” rating for the company in a research note on Friday, January 31st. Five research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $26.88.

Intel Stock Performance

NASDAQ INTC opened at $20.81 on Thursday. Intel Co. has a 52-week low of $18.51 and a 52-week high of $46.63. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The company has a market capitalization of $90.11 billion, a P/E ratio of -4.75 and a beta of 1.02. The company has a fifty day moving average of $21.28 and a 200-day moving average of $21.82.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (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%. As a group, equities research analysts predict that Intel Co. will post -0.11 EPS for the current fiscal year.

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.