Intel Co. (INTC) Shares Bought by Hosking Partners LLP
Hosking Partners LLP boosted its stake in shares of Intel Co. (NASDAQ:INTC) by 0.5% during the 3rd quarter, Holdings Channel reports. The firm owned 305,162 shares of the chip maker’s stock after acquiring an additional 1,442 shares during the quarter. Hosking Partners LLP’s holdings in Intel were worth $11,621,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. purchased a new stake in Intel during the 3rd quarter worth approximately $119,000. Acrospire Investment Management LLC grew its position in Intel by 111.8% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock worth $121,000 after purchasing an additional 1,900 shares during the last quarter. JFS Wealth Advisors LLC lifted its stake in Intel by 47.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 1,233 shares during the period. Burt Wealth Advisors lifted its stake in Intel by 236.1% during the 2nd quarter. Burt Wealth Advisors now owns 4,941 shares of the chip maker’s stock valued at $166,000 after acquiring an additional 3,471 shares during the period. Finally, Family Capital Trust Co lifted its stake in Intel by 350.0% during the 3rd quarter. Family Capital Trust Co now owns 4,500 shares of the chip maker’s stock valued at $171,000 after acquiring an additional 3,500 shares during the period. 67.48% of the stock is currently owned by institutional investors.
In related news, CEO Brian M. Krzanich sold 5,873 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $45.58, for a total value of $267,691.34. Following the completion of the sale, the chief executive officer now owns 259,082 shares of the company’s stock, valued at approximately $11,808,957.56. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Brian M. Krzanich sold 889,878 shares of the business’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total transaction of $39,323,708.82. The disclosure for this sale can be found here. In the last three months, insiders sold 932,755 shares of company stock valued at $41,387,752. 0.08% of the stock is owned by insiders.
Shares of Intel Co. (INTC) opened at $44.46 on Wednesday. The company has a market cap of $208,070.00, a price-to-earnings ratio of 22.45, a P/E/G ratio of 1.49 and a beta of 1.07. The company has a quick ratio of 1.29, a current ratio of 1.69 and a debt-to-equity ratio of 0.36. Intel Co. has a 1-year low of $33.23 and a 1-year high of $50.85.
Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 25th. The chip maker reported $1.08 EPS for the quarter, topping the consensus estimate of $0.86 by $0.22. The company had revenue of $17.05 billion during the quarter, compared to analyst estimates of $16.34 billion. Intel had a net margin of 15.30% and a return on equity of 24.33%. The firm’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.79 EPS. analysts expect that Intel Co. will post 3.51 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, February 7th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.70%. The ex-dividend date is Tuesday, February 6th. This is a positive change from Intel’s previous quarterly dividend of $0.27. Intel’s payout ratio is presently 60.61%.
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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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