111 Capital Purchases New Position in Intel Co. (NASDAQ:INTC)

111 Capital purchased a new stake in Intel Co. (NASDAQ:INTC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 42,634 shares of the chip maker's stock, valued at approximately $855,000.

Other large investors have also recently bought and sold shares of the company. Freestone Grove Partners LP bought a new stake in shares of Intel during the 4th quarter worth $62,654,000. Rheos Capital Works Inc. lifted its holdings in shares of Intel by 12.1% during the 4th quarter. Rheos Capital Works Inc. now owns 277,000 shares of the chip maker's stock worth $5,554,000 after acquiring an additional 30,000 shares during the last quarter. Clifford Swan Investment Counsel LLC lifted its holdings in shares of Intel by 1.9% during the 4th quarter. Clifford Swan Investment Counsel LLC now owns 819,532 shares of the chip maker's stock worth $16,432,000 after acquiring an additional 15,214 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of Intel by 286.8% during the 4th quarter. Toronto Dominion Bank now owns 10,529,354 shares of the chip maker's stock worth $211,114,000 after acquiring an additional 7,806,882 shares during the last quarter. Finally, Jericho Financial LLP bought a new stake in shares of Intel during the 4th quarter worth $2,045,000. 64.53% of the stock is owned by institutional investors.

Intel Trading Down 3.8%

Shares of NASDAQ INTC traded down $0.76 during midday trading on Friday, hitting $19.49. 113,992,028 shares of the company traded hands, compared to its average volume of 81,242,416. Intel Co. has a 12-month low of $17.67 and a 12-month high of $37.16. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The stock has a 50-day moving average price of $20.77 and a 200 day moving average price of $21.47. The firm has a market cap of $85.02 billion, a P/E ratio of -4.45 and a beta of 1.15.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The chip maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.12. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The company had revenue of $12.67 billion for the quarter, compared to analysts' expectations of $12.26 billion. During the same quarter in the previous year, the company earned $0.18 earnings per share. Intel's quarterly revenue was down .4% on a year-over-year basis. As a group, analysts expect that Intel Co. will post -0.11 earnings per share for the current year.

Wall Street Analyst Weigh In

INTC has been the subject of several recent research reports. Sanford C. Bernstein lowered their price target on shares of Intel from $25.00 to $21.00 and set a "market perform" rating for the company in a research note on Tuesday, April 22nd. Cantor Fitzgerald lowered their price target on shares of Intel from $29.00 to $20.00 and set a "neutral" rating for the company in a research note on Monday, April 21st. Seaport Res Ptn raised shares of Intel to a "strong sell" rating in a research note on Wednesday, April 30th. Morgan Stanley lowered their price target on shares of Intel from $25.00 to $23.00 and set an "equal weight" rating for the company in a research note on Friday, April 25th. Finally, Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. Six research analysts have rated the stock with a sell rating, twenty-five have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Intel has a consensus rating of "Hold" and a consensus price target of $21.57.

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.