Clifford Swan Investment Counsel LLC Has $16.43 Million Position in Intel Co. (NASDAQ:INTC)

Clifford Swan Investment Counsel LLC lifted its position in shares of Intel Co. (NASDAQ:INTC - Free Report) by 1.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 819,532 shares of the chip maker's stock after buying an additional 15,214 shares during the quarter. Clifford Swan Investment Counsel LLC's holdings in Intel were worth $16,432,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Dunhill Financial LLC lifted its position in Intel by 22.6% in the 3rd quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker's stock valued at $56,000 after acquiring an additional 438 shares in the last quarter. Beaton Management Co. Inc. increased its holdings in Intel by 2.2% during the 3rd quarter. Beaton Management Co. Inc. now owns 23,208 shares of the chip maker's stock worth $544,000 after purchasing an additional 500 shares in the last quarter. CFM Wealth Partners LLC raised its stake in shares of Intel by 4.0% in the 4th quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker's stock valued at $263,000 after purchasing an additional 500 shares during the period. Wealth Quarterback LLC lifted its holdings in shares of Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker's stock valued at $510,000 after purchasing an additional 508 shares in the last quarter. Finally, Missouri Trust & Investment Co boosted its position in shares of Intel by 3.6% during the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker's stock worth $314,000 after buying an additional 550 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of Intel stock traded down $0.52 on Wednesday, hitting $20.81. The stock had a trading volume of 126,843,840 shares, compared to its average volume of 100,077,172. The stock has a market cap of $90.11 billion, a price-to-earnings ratio of -4.75 and a beta of 1.02. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. Intel Co. has a twelve month low of $18.51 and a twelve month high of $46.63. The business's 50 day moving average is $21.28 and its two-hundred day moving average is $21.82.

Intel (NASDAQ:INTC - Get Free Report) last issued 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 net margin of 35.32% and a negative return on equity of 3.27%. Analysts forecast that Intel Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Bank of America reissued an "underperform" rating and issued a $21.00 target price on shares of Intel in a research report on Tuesday, December 3rd. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, January 31st. Rosenblatt Securities reaffirmed a "sell" rating and issued a $20.00 target price on shares of Intel in a research report on Thursday, January 30th. Barclays lowered their price target on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Friday, January 17th. Finally, Truist Financial reduced their price objective on shares of Intel from $22.00 to $21.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Five investment analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $26.88.

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.