4WEALTH Advisors Inc. Makes New $292,000 Investment in Intel Co. (NASDAQ:INTC)

4WEALTH Advisors Inc. purchased a new stake in shares of Intel Co. (NASDAQ:INTC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,546 shares of the chip maker's stock, valued at approximately $292,000.

Other hedge funds have also recently bought and sold shares of the company. Finley Financial LLC acquired a new stake in Intel in the fourth quarter valued at $25,000. Synergy Investment Management LLC acquired a new position in shares of Intel during the 4th quarter worth $27,000. BankPlus Trust Department bought a new stake in shares of Intel during the 4th quarter valued at approximately $28,000. Keystone Financial Group Inc. bought a new position in shares of Intel in the 4th quarter valued at $29,000. Finally, West Financial Advisors LLC bought a new stake in shares of Intel during the fourth quarter worth about $31,000. 64.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on Intel from $25.00 to $22.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. StockNews.com raised shares of Intel from a "sell" rating to a "hold" rating in a report on Monday, April 28th. Stifel Nicolaus reduced their target price on Intel from $25.00 to $21.00 and set a "hold" rating for the company in a report on Friday, January 31st. Mizuho reduced their target price on Intel from $23.00 to $22.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Finally, Bank of America upgraded Intel from an "underperform" rating to a "neutral" rating and raised their price target for the stock from $19.00 to $25.00 in a research report on Thursday, March 13th. Six investment 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. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $22.23.

Intel Trading Up 3.2 %

Shares of INTC stock traded up $0.64 on Friday, reaching $20.62. The company had a trading volume of 63,092,152 shares, compared to its average volume of 79,825,155. The company has a 50-day moving average of $21.47 and a 200-day moving average of $21.76. The stock has a market cap of $89.94 billion, a PE ratio of -4.71 and a beta of 1.15. Intel Co. has a 12 month low of $17.67 and a 12 month high of $37.16. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The chip maker reported $0.13 EPS for the quarter, beating the consensus estimate of $0.01 by $0.12. The company had revenue of $12.67 billion during the quarter, compared to the consensus estimate of $12.26 billion. Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. The firm's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.18 EPS. On average, equities analysts forecast that Intel Co. will post -0.11 earnings per share for the current year.

Intel Company 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.