Werba Rubin Papier Wealth Management Purchases 587 Shares of Intel Co. (NASDAQ:INTC)

Werba Rubin Papier Wealth Management increased its position in shares of Intel Co. (NASDAQ:INTC) by 3.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,579 shares of the chip maker’s stock after buying an additional 587 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Intel were worth $352,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Finley Financial LLC bought a new stake in Intel in the fourth quarter valued at $25,000. Keystone Financial Group Inc. bought a new stake in Intel in the fourth quarter valued at $29,000. Quest Partners LLC increased its stake in Intel by 7,370.6% in the third quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock valued at $30,000 after purchasing an additional 1,253 shares in the last quarter. West Financial Advisors LLC bought a new stake in Intel in the fourth quarter valued at $31,000. Finally, Groupama Asset Managment increased its stake in Intel by 6.3% in the third quarter. Groupama Asset Managment now owns 137,181 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 8,084 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Trading Up 16.1 %

NASDAQ INTC opened at $27.39 on Wednesday. The company’s 50 day moving average is $20.38 and its 200-day moving average is $21.52. Intel Co. has a 12-month low of $18.51 and a 12-month high of $46.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. Equities research analysts predict that Intel Co. will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on INTC. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, January 31st. Cantor Fitzgerald lifted their price target on shares of Intel from $22.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday. Mizuho reduced their price objective on shares of Intel from $23.00 to $21.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Barclays reduced their price objective on shares of Intel from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Stifel Nicolaus reduced their price objective on shares of Intel from $25.00 to $21.00 and set a “hold” rating for the company in a report on Friday, January 31st. Five analysts have rated the stock with a sell rating, twenty-seven have given a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Intel has an average rating of “Hold” and a consensus target price of $26.88.

Intel Profile

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.