Chatham Capital Group Inc. Acquires 3,200 Shares of Intel Co. (INTC)
Chatham Capital Group Inc. boosted its holdings in Intel Co. (NASDAQ:INTC) by 23.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,677 shares of the chip maker’s stock after buying an additional 3,200 shares during the quarter. Chatham Capital Group Inc.’s holdings in Intel were worth $770,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of INTC. Financial Engines Advisors L.L.C. purchased a new position in Intel during the 3rd quarter worth approximately $119,000. Acrospire Investment Management LLC grew its position in Intel by 111.8% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock worth $121,000 after purchasing an additional 1,900 shares in the last quarter. Delphi Private Advisors LLC boosted its stake in shares of Intel by 286.1% during the 4th quarter. Delphi Private Advisors LLC now owns 2,911 shares of the chip maker’s stock valued at $134,000 after buying an additional 2,157 shares during the period. JFS Wealth Advisors LLC boosted its stake in shares of Intel by 47.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock valued at $147,000 after buying an additional 1,233 shares during the period. Finally, Fieldpoint Private Securities LLC acquired a new stake in shares of Intel during the 3rd quarter valued at $158,000. Hedge funds and other institutional investors own 69.02% of the company’s stock.
INTC has been the subject of a number of research reports. BidaskClub lowered shares of Intel from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 27th. Sanford C. Bernstein set a $34.00 target price on shares of Intel and gave the company a “sell” rating in a research note on Wednesday, January 3rd. Vetr raised shares of Intel from a “buy” rating to a “strong-buy” rating and set a $49.56 target price for the company in a research note on Monday, February 12th. Raymond James Financial raised shares of Intel from an “underperform” rating to a “market perform” rating in a research note on Monday, March 26th. Finally, Nomura lifted their target price on shares of Intel from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, February 26th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $50.87.
NASDAQ:INTC opened at $52.40 on Tuesday. Intel Co. has a 52-week low of $33.23 and a 52-week high of $53.78. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.36. The stock has a market cap of $242,617.52, a PE ratio of 15.14, a P/E/G ratio of 1.74 and a beta of 0.95.
Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.22. Intel had a net margin of 15.30% and a return on equity of 24.33%. The company had revenue of $17.05 billion for the quarter, compared to the consensus estimate of $16.34 billion. During the same quarter in the previous year, the firm posted $0.79 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. research analysts expect that Intel Co. will post 3.54 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Monday, May 7th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, May 4th. This represents a $1.20 annualized dividend and a dividend yield of 2.29%. Intel’s payout ratio is 34.68%.
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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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