Oxford Asset Management LLP Has $483,000 Stake in Intel Co. (NASDAQ:INTC)

Oxford Asset Management LLP boosted its position in Intel Co. (NASDAQ:INTC - Free Report) by 170.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,091 shares of the chip maker's stock after buying an additional 15,176 shares during the quarter. Oxford Asset Management LLP's holdings in Intel were worth $483,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Relyea Zuckerberg Hanson LLC boosted its position in shares of Intel by 211.6% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 28,898 shares of the chip maker's stock worth $579,000 after buying an additional 19,625 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Intel by 4.4% in the third quarter. Principal Financial Group Inc. now owns 4,827,123 shares of the chip maker's stock valued at $113,244,000 after buying an additional 204,200 shares in the last quarter. Empirical Asset Management LLC bought a new position in shares of Intel in the fourth quarter valued at $276,000. InvesTrust bought a new position in shares of Intel in the fourth quarter valued at $3,696,000. Finally, 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 valued at $5,554,000 after buying an additional 30,000 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Trading Up 1.0 %

NASDAQ INTC traded up $0.20 during trading on Thursday, reaching $20.30. 45,775,140 shares of the stock traded hands, compared to its average volume of 103,111,094. Intel Co. has a fifty-two week low of $17.67 and a fifty-two week high of $37.16. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44. The firm has a market cap of $88.54 billion, a price-to-earnings ratio of -4.64 and a beta of 1.13. The stock's 50-day moving average price is $21.61 and its 200 day moving average price is $21.81.

Intel (NASDAQ:INTC - Get Free Report) last issued its 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. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The firm had revenue of $12.67 billion during the quarter, compared to the consensus estimate of $12.26 billion. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The business's quarterly revenue was down .4% on a year-over-year basis. Analysts predict that Intel Co. will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on INTC shares. Wedbush reduced their price target on Intel from $20.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, April 23rd. Barclays restated a "reduce" rating on shares of Intel in a research report on Tuesday, April 22nd. HSBC upgraded Intel from a "reduce" rating to a "hold" rating in a research report on Tuesday, January 21st. Susquehanna lowered their price objective on Intel from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Finally, Cfra Research upgraded Intel to a "hold" rating in a research report on Friday, April 25th. Six 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 company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $22.23.

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.