Intel Co. (NASDAQ:INTC) is General Pension Society PZU Joint Stock Co's 3rd Largest Position

General Pension Society PZU Joint Stock Co grew its holdings in shares of Intel Co. (NASDAQ:INTC - Free Report) by 45.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,309,000 shares of the chip maker's stock after buying an additional 410,000 shares during the quarter. Intel accounts for about 10.0% of General Pension Society PZU Joint Stock Co's investment portfolio, making the stock its 3rd biggest position. General Pension Society PZU Joint Stock Co's holdings in Intel were worth $29,727,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. grew its position in shares of Intel by 7.3% during the 4th quarter. Hantz Financial Services Inc. now owns 18,455 shares of the chip maker's stock worth $370,000 after buying an additional 1,253 shares in the last quarter. Mediolanum International Funds Ltd raised its holdings in shares of Intel by 88.4% in the 4th quarter. Mediolanum International Funds Ltd now owns 82,544 shares of the chip maker's stock valued at $1,632,000 after purchasing an additional 38,738 shares in the last quarter. GFS Advisors LLC raised its holdings in Intel by 34.4% in the fourth quarter. GFS Advisors LLC now owns 266,550 shares of the chip maker's stock worth $5,344,000 after purchasing an additional 68,200 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Intel by 3.3% in the 4th quarter. Chicago Partners Investment Group LLC now owns 50,827 shares of the chip maker's stock worth $1,010,000 after purchasing an additional 1,630 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. increased its holdings in shares of Intel by 29.4% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 70,190 shares of the chip maker's stock valued at $1,407,000 after purchasing an additional 15,952 shares during the period. Institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on INTC shares. Citigroup reaffirmed a "sell" rating on shares of Intel in a report on Friday, April 25th. Cfra Research upgraded Intel to a "hold" rating in a research report on Friday, April 25th. Bank of America raised shares of Intel from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $19.00 to $25.00 in a report on Thursday, March 13th. Susquehanna cut their target price on shares of Intel from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Finally, Cantor Fitzgerald decreased their price target on shares of Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. Six research analysts have rated the stock with a sell rating, twenty-five have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $21.57.

Intel Trading Up 0.2%

NASDAQ:INTC traded up $0.04 on Wednesday, reaching $20.33. The stock had a trading volume of 43,904,285 shares, compared to its average volume of 95,218,516. The company has a market cap of $88.68 billion, a price-to-earnings ratio of -4.64 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 debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98. The firm's fifty day moving average is $20.53 and its two-hundred day moving average is $21.35.

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

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.