Intel (INTC) Holdings Increased by Virtu Financial LLC

Virtu Financial LLC grew its stake in shares of Intel (NASDAQ:INTC) by 585.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,858 shares of the chip maker’s stock after buying an additional 39,172 shares during the quarter. Virtu Financial LLC’s holdings in Intel were worth $2,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Goodman Financial Corp bought a new stake in shares of Intel during the 4th quarter worth about $102,000. Financial Engines Advisors L.L.C. bought a new stake in shares of Intel during the 3rd quarter worth about $119,000. Delphi Private Advisors LLC raised its position 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 worth $134,000 after buying an additional 2,157 shares in the last quarter. First Dallas Securities Inc. bought a new stake in shares of Intel during the 4th quarter worth about $144,000. Finally, Fieldpoint Private Securities LLC bought a new stake in shares of Intel during the 3rd quarter worth about $158,000. Institutional investors own 68.23% of the company’s stock.

Shares of Intel opened at $53.50 on Friday, according to Marketbeat Ratings. Intel has a 52 week low of $33.23 and a 52 week high of $55.79. The company has a market cap of $256.42 billion, a P/E ratio of 15.46, a P/E/G ratio of 1.70 and a beta of 0.94. The company has a current ratio of 1.58, a quick ratio of 1.23 and a debt-to-equity ratio of 0.35.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 26th. The chip maker reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.15. The firm had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.08 billion. Intel had a net margin of 17.32% and a return on equity of 25.41%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 earnings per share. equities research analysts predict that Intel will post 3.84 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Monday, May 7th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Friday, May 4th. Intel’s dividend payout ratio is 34.68%.

A number of analysts have commented on INTC shares. Bank of America restated a “buy” rating and set a $65.00 price target on shares of Intel in a research report on Wednesday, April 18th. Wells Fargo restated an “outperform” rating and set a $65.00 price target on shares of Intel in a research report on Friday, April 27th. DZ Bank reiterated a “hold” rating and issued a $53.00 target price on shares of Intel in a report on Wednesday, March 28th. Vetr downgraded shares of Intel from a “strong-buy” rating to a “buy” rating and set a $54.41 target price on the stock. in a report on Friday, March 30th. Finally, Goldman Sachs reiterated a “neutral” rating and issued a $48.00 target price on shares of Intel in a report on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twenty-eight have issued a buy rating and one has given a strong buy rating to the stock. Intel presently has a consensus rating of “Buy” and a consensus price target of $55.43.

In other Intel news, VP Kevin Thomas Mcbride sold 686 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $46.56, for a total value of $31,940.16. Following the completion of the sale, the vice president now directly owns 6,472 shares of the company’s stock, valued at $301,336.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Navin Shenoy sold 1,010 shares of the business’s stock in a transaction that occurred on Wednesday, May 2nd. The stock was sold at an average price of $52.80, for a total transaction of $53,328.00. Following the completion of the sale, the executive vice president now directly owns 32,920 shares of the company’s stock, valued at $1,738,176. The disclosure for this sale can be found here. Insiders sold 97,301 shares of company stock valued at $4,785,697 over the last three months. Insiders own 0.03% of the company’s stock.

Intel Profile

Intel Corporation designs, manufactures, and sells computer, networking, data storage, and communication platforms worldwide. The company operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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