Valeo Financial Advisors LLC Has $2.15 Million Holdings in Intel Co. (NASDAQ:INTC)

Valeo Financial Advisors LLC decreased its position in Intel Co. (NASDAQ:INTC) by 9.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 109,098 shares of the chip maker’s stock after selling 11,748 shares during the period. Valeo Financial Advisors LLC’s holdings in Intel were worth $2,147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in INTC. Asset Planning Inc purchased a new position in shares of Intel during the fourth quarter valued at $36,000. V Square Quantitative Management LLC boosted its position in Intel by 1.7% during the 4th quarter. V Square Quantitative Management LLC now owns 90,287 shares of the chip maker’s stock worth $1,810,000 after acquiring an additional 1,522 shares during the period. First Merchants Corp grew its stake in Intel by 79.4% during the 4th quarter. First Merchants Corp now owns 19,778 shares of the chip maker’s stock valued at $397,000 after acquiring an additional 8,754 shares in the last quarter. Littlejohn Financial Services Inc. acquired a new position in shares of Intel in the 4th quarter valued at about $3,199,000. Finally, Compagnie Lombard Odier SCmA lifted its position in shares of Intel by 1.3% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 473,422 shares of the chip maker’s stock worth $9,492,000 after purchasing an additional 6,155 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of NASDAQ INTC opened at $23.60 on Friday. Intel Co. has a one year low of $18.51 and a one year high of $46.63. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $20.33 and a 200 day simple moving average of $21.68. The firm has a market capitalization of $102.19 billion, a price-to-earnings ratio of -5.39 and a beta of 1.08.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. Sell-side analysts expect that Intel Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on INTC. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday, January 31st. Roth Mkm cut their price objective on Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Friday, January 31st. UBS Group lowered their target price on Intel from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 21st. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $22.00 price target on shares of Intel in a research note on Friday, January 31st. Finally, Truist Financial lowered their price target on Intel from $22.00 to $21.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Five equities research analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $26.60.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.