Yoffe Investment Management LLC Makes New $357,000 Investment in Intel Co. (NASDAQ:INTC)

Yoffe Investment Management LLC bought a new position in Intel Co. (NASDAQ:INTC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,789 shares of the chip maker's stock, valued at approximately $357,000.

Other large investors have also added to or reduced their stakes in the company. Synergy Investment Management LLC purchased a new position in shares of Intel during the 4th quarter worth $27,000. Vermillion Wealth Management Inc. purchased a new position in shares of Intel during the 4th quarter worth $27,000. BankPlus Trust Department purchased a new position in shares of Intel during the 4th quarter worth $28,000. Keystone Financial Group Inc. purchased a new position in shares of Intel during the 4th quarter valued at $29,000. Finally, Conquis Financial LLC purchased a new position in shares of Intel during the 4th quarter valued at $32,000. Institutional investors own 64.53% of the company's stock.

Intel Trading Down 0.9%

NASDAQ:INTC traded down $0.18 during mid-day trading on Wednesday, hitting $20.37. 45,263,998 shares of the stock traded hands, compared to its average volume of 96,270,172. The stock has a market capitalization of $88.85 billion, a price-to-earnings ratio of -4.65 and a beta of 1.15. Intel Co. has a 52 week low of $17.67 and a 52 week high of $37.16. The firm's 50 day moving average is $20.92 and its two-hundred day moving average is $21.51. 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 (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $12.26 billion. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The firm's revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. On average, equities research analysts predict that Intel Co. will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Rosenblatt Securities lowered their target price on shares of Intel from $18.00 to $14.00 and set a "sell" rating on the stock in a research note on Friday, April 25th. Susquehanna decreased their price target on shares of Intel from $24.00 to $22.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Sanford C. Bernstein decreased their price target on shares of Intel from $25.00 to $21.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Barclays reiterated a "reduce" rating on shares of Intel in a research note on Tuesday, April 22nd. Finally, Roth Mkm decreased their price target on shares of Intel from $25.00 to $20.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Six analysts have rated the stock with a sell rating, twenty-five have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Intel has an average rating of "Hold" and a consensus price target of $21.57.

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.