Dumont & Blake Investment Advisors LLC grew its holdings in Intel Co. (NASDAQ:INTC) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,489 shares of the chip maker’s stock after purchasing an additional 1,376 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in Intel were worth $1,618,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Janus Henderson Group PLC grew its holdings in shares of Intel by 4,951.1% in the second quarter. Janus Henderson Group PLC now owns 20,455,051 shares of the chip maker’s stock worth $690,156,000 after acquiring an additional 20,050,088 shares during the period. Capital Research Global Investors grew its holdings in shares of Intel by 9.1% in the second quarter. Capital Research Global Investors now owns 128,581,621 shares of the chip maker’s stock worth $4,338,344,000 after acquiring an additional 10,744,753 shares during the period. Capital World Investors grew its holdings in shares of Intel by 5.5% in the second quarter. Capital World Investors now owns 197,750,361 shares of the chip maker’s stock worth $6,672,097,000 after acquiring an additional 10,257,260 shares during the period. Vanguard Group Inc. grew its holdings in shares of Intel by 2.5% in the second quarter. Vanguard Group Inc. now owns 333,500,073 shares of the chip maker’s stock worth $11,252,292,000 after acquiring an additional 8,087,302 shares during the period. Finally, Parametric Portfolio Associates LLC grew its holdings in shares of Intel by 40.8% in the second quarter. Parametric Portfolio Associates LLC now owns 13,907,294 shares of the chip maker’s stock worth $469,232,000 after acquiring an additional 4,029,462 shares during the period. 67.54% of the stock is owned by institutional investors and hedge funds.

Intel Co. (INTC) opened at $42.50 on Thursday. Intel Co. has a 52-week low of $33.23 and a 52-week high of $47.64. The company has a market capitalization of $198,900.00, a PE ratio of 14.91, a PEG ratio of 1.62 and a beta of 1.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.60 and a quick ratio of 1.27.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 26th. The chip maker reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.21. The business had revenue of $16.15 billion for the quarter, compared to the consensus estimate of $15.73 billion. Intel had a return on equity of 22.65% and a net margin of 22.31%. The business’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. sell-side analysts predict that Intel Co. will post 3.25 EPS for the current fiscal year.

Several research firms recently weighed in on INTC. Vetr upgraded Intel from a “buy” rating to a “strong-buy” rating and set a $49.90 target price on the stock in a research report on Wednesday. Sanford C. Bernstein set a $34.00 target price on Intel and gave the company a “sell” rating in a research report on Wednesday. Wells Fargo & Co reiterated an “outperform” rating and set a $50.00 target price (up from $45.00) on shares of Intel in a research report on Friday, October 27th. SunTrust Banks reiterated a “hold” rating and set a $43.00 target price (up from $39.00) on shares of Intel in a research report on Friday, October 27th. Finally, Royal Bank of Canada set a $44.00 target price on Intel and gave the company a “neutral” rating in a research report on Thursday, January 4th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-eight have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $44.78.

In related news, CEO Brian M. Krzanich sold 889,878 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total value of $39,323,708.82. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $46.73, for a total value of $66,543.52. Following the completion of the sale, the insider now owns 1,536 shares in the company, valued at $71,777.28. The disclosure for this sale can be found here. Insiders sold 1,487,054 shares of company stock worth $65,800,132 over the last quarter. 0.08% of the stock is owned by company insiders.

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Intel Company Profile

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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