Kiley Juergens Wealth Management LLC lifted its holdings in Intel Co. (NASDAQ:INTC) by 1.1% during the second quarter, Holdings Channel reports. The institutional investor owned 31,037 shares of the chip maker’s stock after purchasing an additional 348 shares during the quarter. Intel comprises 1.7% of Kiley Juergens Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. Kiley Juergens Wealth Management LLC’s holdings in Intel were worth $1,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Apriem Advisors raised its holdings in shares of Intel by 3.1% in the fourth quarter. Apriem Advisors now owns 7,074 shares of the chip maker’s stock worth $332,000 after acquiring an additional 210 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Intel by 6.1% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,685 shares of the chip maker’s stock worth $173,000 after acquiring an additional 211 shares during the last quarter. Clearwater Capital Advisors LLC raised its holdings in shares of Intel by 3.6% in the fourth quarter. Clearwater Capital Advisors LLC now owns 6,396 shares of the chip maker’s stock worth $300,000 after acquiring an additional 224 shares during the last quarter. SignalPoint Asset Management LLC raised its holdings in shares of Intel by 1.6% in the fourth quarter. SignalPoint Asset Management LLC now owns 14,800 shares of the chip maker’s stock worth $694,000 after acquiring an additional 227 shares during the last quarter. Finally, Wealth Architects LLC raised its holdings in shares of Intel by 0.8% in the fourth quarter. Wealth Architects LLC now owns 31,613 shares of the chip maker’s stock worth $1,484,000 after acquiring an additional 246 shares during the last quarter. Hedge funds and other institutional investors own 65.96% of the company’s stock.

In other news, insider Venkata S. M. Renduchintala sold 37,989 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $52.19, for a total value of $1,982,645.91. Following the completion of the sale, the insider now owns 76,855 shares of the company’s stock, valued at $4,011,062.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Navin Shenoy sold 8,552 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $46.78, for a total value of $400,062.56. Following the completion of the sale, the executive vice president now directly owns 68,833 shares of the company’s stock, valued at approximately $3,220,007.74. The disclosure for this sale can be found here. In the last three months, insiders have sold 48,406 shares of company stock valued at $2,477,573. 0.02% of the stock is owned by company insiders.

INTC stock traded up $0.40 during trading on Tuesday, reaching $51.75. 16,726,948 shares of the stock traded hands, compared to its average volume of 23,396,102. The firm’s 50 day simple moving average is $47.85. Intel Co. has a 52-week low of $42.36 and a 52-week high of $59.59. The company has a quick ratio of 1.13, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. The firm has a market cap of $225.06 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.59 and a beta of 0.84.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 25th. The chip maker reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.02. Intel had a return on equity of 29.54% and a net margin of 29.04%. The firm had revenue of $16.10 million during the quarter, compared to the consensus estimate of $16.03 billion. During the same quarter in the previous year, the business earned $0.87 earnings per share. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts anticipate that Intel Co. will post 4.22 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Sunday, September 1st. Shareholders of record on Wednesday, August 7th will be given a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Tuesday, August 6th. Intel’s dividend payout ratio (DPR) is presently 27.51%.

INTC has been the subject of a number of analyst reports. Bank of America cut their price target on ManpowerGroup from $100.00 to $96.00 and set a “neutral” rating for the company in a report on Monday. JPMorgan Chase & Co. reissued a “hold” rating and issued a $137.00 price target on shares of Continental in a report on Friday, April 26th. Nomura initiated coverage on NVIDIA in a report on Tuesday, April 2nd. They issued a “neutral” rating and a $147.00 price target for the company. Northland Securities reissued a “sell” rating and issued a $38.00 price target on shares of Intel in a report on Tuesday. Finally, Royal Bank of Canada reissued a “sell” rating on shares of Intel in a report on Monday, July 15th. Nine research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $53.40.

About Intel

Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.

Featured Story: What are convertible shares? 

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Co. (NASDAQ:INTC).

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.