Boyd Watterson Asset Management LLC OH lowered its stake in shares of Intel Co. (NASDAQ:INTC) by 13.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,566 shares of the chip maker’s stock after selling 8,913 shares during the period. Intel accounts for 1.1% of Boyd Watterson Asset Management LLC OH’s holdings, making the stock its 24th biggest position. Boyd Watterson Asset Management LLC OH’s holdings in Intel were worth $2,192,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in INTC. Jackson Grant Investment Advisers Inc. raised its stake in Intel by 0.4% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 7,785 shares of the chip maker’s stock valued at $263,000 after acquiring an additional 29 shares during the period. Conservest Capital Advisors Inc. grew its holdings in Intel by 0.6% in the 2nd quarter. Conservest Capital Advisors Inc. now owns 8,953 shares of the chip maker’s stock valued at $302,000 after buying an additional 51 shares in the last quarter. Paradigm Financial Advisors LLC grew its holdings in Intel by 0.3% in the 2nd quarter. Paradigm Financial Advisors LLC now owns 26,264 shares of the chip maker’s stock valued at $886,000 after buying an additional 67 shares in the last quarter. Bank of Stockton grew its holdings in Intel by 0.4% in the 2nd quarter. Bank of Stockton now owns 16,321 shares of the chip maker’s stock valued at $550,000 after buying an additional 72 shares in the last quarter. Finally, Marathon Capital Management grew its holdings in Intel by 0.7% in the 2nd quarter. Marathon Capital Management now owns 10,986 shares of the chip maker’s stock valued at $371,000 after buying an additional 80 shares in the last quarter. Institutional investors own 67.55% of the company’s stock.

Shares of Intel Co. (NASDAQ:INTC) opened at $46.70 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.39. Intel Co. has a 1 year low of $33.23 and a 1 year high of $47.64. The firm has a market capitalization of $218,836.80, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.71 and a beta of 1.06.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 26th. The chip maker reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.21. Intel had a return on equity of 22.65% and a net margin of 22.31%. The business had revenue of $16.15 billion during the quarter, compared to the consensus estimate of $15.73 billion. During the same period in the prior year, the company earned $0.80 EPS. Intel’s revenue for the quarter was up 2.4% on a year-over-year basis. analysts predict that Intel Co. will post 3.25 earnings per share for the current year.

A number of research analysts have commented on INTC shares. Zacks Investment Research lowered Intel from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Intel in a report on Thursday, August 31st. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Intel in a report on Thursday, August 31st. ValuEngine lowered Intel from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of Intel in a report on Tuesday, September 5th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company. Intel has an average rating of “Buy” and an average target price of $43.94.

In other Intel news, insider Venkata S. M. Renduchintala sold 1,424 shares of the stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total value of $66,543.52. Following the completion of the transaction, the insider now directly owns 1,536 shares in the company, valued at $71,777.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Diane M. Bryant sold 570 shares of the stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $44.49, for a total value of $25,359.30. Following the completion of the transaction, the executive vice president now owns 110,850 shares of the company’s stock, valued at $4,931,716.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,548,914 shares of company stock valued at $68,196,589. 0.08% of the stock is owned by corporate insiders.

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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).

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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