Barrett Asset Management LLC raised its stake in Intel Corporation (NASDAQ:INTC) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 421,278 shares of the chip maker’s stock after buying an additional 8,411 shares during the period. Barrett Asset Management LLC’s holdings in Intel Corporation were worth $14,214,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Watermark Asset Management Inc. bought a new position in shares of Intel Corporation in the first quarter valued at $113,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in shares of Intel Corporation by 53.0% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 4,040 shares of the chip maker’s stock valued at $146,000 after buying an additional 1,400 shares in the last quarter. Vigilant Capital Management LLC increased its holdings in shares of Intel Corporation by 22.6% in the first quarter. Vigilant Capital Management LLC now owns 4,373 shares of the chip maker’s stock valued at $158,000 after buying an additional 805 shares in the last quarter. Orrstown Financial Services Inc. increased its holdings in shares of Intel Corporation by 23.0% in the second quarter. Orrstown Financial Services Inc. now owns 4,582 shares of the chip maker’s stock valued at $155,000 after buying an additional 857 shares in the last quarter. Finally, Winfield Associates Inc. increased its holdings in shares of Intel Corporation by 6.0% in the second quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock valued at $156,000 after buying an additional 265 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors.

In other Intel Corporation news, insider Venkata S. M. Renduchintala sold 1,424 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $36.40, for a total transaction of $51,833.60. Following the transaction, the insider now owns 1,536 shares in the company, valued at $55,910.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Diane M. Bryant sold 2,119 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $41.06, for a total transaction of $87,006.14. Following the transaction, the executive vice president now owns 114,091 shares in the company, valued at approximately $4,684,576.46. The disclosure for this sale can be found here. Insiders have sold a total of 67,042 shares of company stock worth $2,602,348 in the last quarter. 0.08% of the stock is owned by corporate insiders.

Shares of Intel Corporation (INTC) opened at 44.37 on Tuesday. The company has a market cap of $208.49 billion, a P/E ratio of 16.94 and a beta of 1.07. The stock’s 50 day moving average is $38.97 and its 200 day moving average is $36.36. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $45.19.

Intel Corporation (NASDAQ:INTC) last released its earnings results on Thursday, October 26th. The chip maker reported $1.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.21. Intel Corporation had a net margin of 22.31% and a return on equity of 22.65%. The company had revenue of $16.15 billion for the quarter, compared to the consensus estimate of $15.73 billion. During the same quarter in the previous year, the company earned $0.80 EPS. Intel Corporation’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, analysts anticipate that Intel Corporation will post $3.23 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Tuesday, November 7th will be given a dividend of $0.2725 per share. The ex-dividend date of this dividend is Monday, November 6th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.46%. Intel Corporation’s payout ratio is presently 38.11%.

Several research firms have weighed in on INTC. B. Riley reiterated a “buy” rating and set a $46.00 price objective on shares of Intel Corporation in a research report on Friday, July 28th. BMO Capital Markets upgraded shares of Intel Corporation from a “market perform” rating to an “outperform” rating in a research report on Monday. SunTrust Banks, Inc. reiterated a “hold” rating and set a $43.00 price objective (up from $39.00) on shares of Intel Corporation in a research report on Friday. BidaskClub upgraded shares of Intel Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 10th. Finally, Vetr cut shares of Intel Corporation from a “strong-buy” rating to a “buy” rating and set a $40.26 price objective on the stock. in a research report on Tuesday, August 8th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $42.80.

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Intel Corporation Profile

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).

Institutional Ownership by Quarter for Intel Corporation (NASDAQ:INTC)

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