Clean Yield Group boosted its stake in Intel Co. (NASDAQ:INTC) by 1.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,300 shares of the chip maker’s stock after purchasing an additional 211 shares during the period. Clean Yield Group’s holdings in Intel were worth $585,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Modus Advisors LLC bought a new position in Intel in the 2nd quarter valued at approximately $25,000. Price Wealth LLC lifted its stake in Intel by 119.5% in the 2nd quarter. Price Wealth LLC now owns 461 shares of the chip maker’s stock valued at $28,000 after purchasing an additional 251 shares during the last quarter. FAI Wealth Management lifted its stake in Intel by 390.4% in the 2nd quarter. FAI Wealth Management now owns 510 shares of the chip maker’s stock valued at $30,000 after purchasing an additional 406 shares during the last quarter. Okabena Investment Services Inc. acquired a new position in Intel in the 2nd quarter valued at approximately $42,000. Finally, Marshall & Sullivan Inc. WA acquired a new position in Intel in the 2nd quarter valued at approximately $60,000. 64.41% of the stock is owned by institutional investors and hedge funds.

Shares of Intel stock traded up $0.31 during trading hours on Friday, reaching $54.16. The company’s stock had a trading volume of 23,421,388 shares, compared to its average volume of 29,674,551. Intel Co. has a one year low of $43.63 and a one year high of $69.29. The company has a market capitalization of $230.34 billion, a P/E ratio of 9.97, a P/E/G ratio of 1.48 and a beta of 0.72. The stock’s fifty day simple moving average is $50.81 and its two-hundred day simple moving average is $55.53. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.58 and a current ratio of 1.97.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, July 23rd. The chip maker reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.12. Intel had a net margin of 29.97% and a return on equity of 31.55%. The firm had revenue of $19.73 billion for the quarter, compared to analyst estimates of $18.54 billion. During the same period last year, the firm earned $1.06 earnings per share. As a group, research analysts forecast that Intel Co. will post 4.86 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Saturday, November 7th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Friday, November 6th. Intel’s dividend payout ratio (DPR) is 27.10%.

In other news, CEO Robert Holmes Swan purchased 8,021 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were bought at an average cost of $50.00 per share, with a total value of $401,050.00. Following the completion of the transaction, the chief executive officer now directly owns 293,594 shares of the company’s stock, valued at $14,679,700. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin Thomas Mcbride sold 4,400 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $49.28, for a total transaction of $216,832.00. Following the transaction, the vice president now directly owns 14,214 shares in the company, valued at $700,465.92. The disclosure for this sale can be found here. Insiders have sold 7,491 shares of company stock worth $365,878 over the last three months. 0.04% of the stock is owned by insiders.

Several equities analysts have issued reports on INTC shares. Bank of America cut shares of Intel from a “buy” rating to a “neutral” rating and decreased their price target for the company from $70.00 to $62.00 in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft cut shares of Intel from a “buy” rating to a “hold” rating and decreased their price target for the company from $70.00 to $60.00 in a research report on Friday, July 24th. They noted that the move was a valuation call. Barclays cut shares of Intel from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $58.00 to $48.00 in a research report on Friday, July 24th. Standpoint Research upgraded shares of Intel from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Royal Bank of Canada decreased their price objective on shares of Intel from $52.00 to $48.00 and set an “underperform” rating for the company in a research report on Friday, July 24th. Twelve analysts have rated the stock with a sell rating, eighteen have issued a hold rating and sixteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $61.24.

About Intel

Intel Corporation designs, manufactures, and sells essential technologies for the cloud, smart, and connected devices worldwide. The company operates through DCG, IOTG, Mobileye, NSG, PSG, CCG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products comprising accelerators, boards and systems, connectivity products, and memory and storage products.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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