Humankind Investments LLC Has $1.95 Million Stock Holdings in Intel Co. (NASDAQ:INTC)

Humankind Investments LLC decreased its stake in Intel Co. (NASDAQ:INTC - Free Report) by 11.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,164 shares of the chip maker's stock after selling 12,488 shares during the period. Intel accounts for 0.5% of Humankind Investments LLC's investment portfolio, making the stock its 29th largest holding. Humankind Investments LLC's holdings in Intel were worth $1,948,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Relyea Zuckerberg Hanson LLC lifted its position in shares of Intel by 211.6% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 28,898 shares of the chip maker's stock valued at $579,000 after acquiring an additional 19,625 shares during the period. Principal Financial Group Inc. raised its position in shares of Intel by 4.4% during the 3rd quarter. Principal Financial Group Inc. now owns 4,827,123 shares of the chip maker's stock worth $113,244,000 after purchasing an additional 204,200 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in Intel in the 4th quarter valued at approximately $276,000. Freestone Grove Partners LP acquired a new position in shares of Intel in the fourth quarter worth $62,654,000. Finally, Rheos Capital Works Inc. lifted its position in shares of Intel by 12.1% in the fourth quarter. Rheos Capital Works Inc. now owns 277,000 shares of the chip maker's stock valued at $5,554,000 after acquiring an additional 30,000 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on INTC shares. Susquehanna cut their price objective on shares of Intel from $24.00 to $22.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Cantor Fitzgerald decreased their target price on shares of Intel from $29.00 to $20.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. Seaport Res Ptn upgraded shares of Intel to a "strong sell" rating in a report on Wednesday, April 30th. Cfra Research raised Intel to a "hold" rating in a research report on Friday, April 25th. Finally, Truist Financial dropped their price target on Intel from $22.00 to $21.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Six investment analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Intel currently has a consensus rating of "Hold" and a consensus target price of $22.23.

Intel Price Performance

Shares of INTC stock traded up $0.40 during midday trading on Tuesday, reaching $22.58. 18,022,189 shares of the company were exchanged, compared to its average volume of 99,265,422. The company's 50 day moving average price is $21.27 and its two-hundred day moving average price is $21.69. The company has a market cap of $98.48 billion, a P/E ratio of -5.15 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 quick ratio of 0.98 and a current ratio of 1.33.

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

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.