58,972 Shares in Intel Co. (NASDAQ:INTC) Acquired by Aigen Investment Management LP

Aigen Investment Management LP bought a new position in shares of Intel Co. (NASDAQ:INTC) during the 4th quarter, HoldingsChannel.com reports. The fund bought 58,972 shares of the chip maker’s stock, valued at approximately $1,182,000.

Several other large investors have also recently added to or reduced their stakes in INTC. Harbor Capital Advisors Inc. increased its position in shares of Intel by 6.3% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 55,271 shares of the chip maker’s stock valued at $1,297,000 after purchasing an additional 3,272 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in shares of Intel by 1,110.8% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 49,522 shares of the chip maker’s stock valued at $1,162,000 after purchasing an additional 45,432 shares during the last quarter. United Advisor Group LLC purchased a new stake in shares of Intel in the 3rd quarter valued at approximately $367,000. NorthRock Partners LLC increased its position in shares of Intel by 30.0% in the 3rd quarter. NorthRock Partners LLC now owns 20,783 shares of the chip maker’s stock valued at $488,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Focused Wealth Management Inc grew its position in shares of Intel by 35.0% in the 3rd quarter. Focused Wealth Management Inc now owns 75,448 shares of the chip maker’s stock valued at $1,770,000 after buying an additional 19,551 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

NASDAQ:INTC opened at $20.81 on Thursday. The company has a current ratio of 1.33, a quick ratio of 0.98 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $21.28 and a two-hundred day moving average price of $21.82. Intel Co. has a twelve month low of $18.51 and a twelve month high of $46.63. The company has a market capitalization of $90.11 billion, a P/E ratio of -4.75 and a beta of 1.02.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, January 30th. The chip maker reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. As a group, research analysts expect that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

INTC has been the topic of a number of recent analyst reports. Roth Mkm dropped their target price on shares of Intel from $25.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Rosenblatt Securities reaffirmed a “sell” rating and issued a $20.00 target price on shares of Intel in a research report on Thursday, January 30th. Mizuho dropped their target price on shares of Intel from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 10th. JPMorgan Chase & Co. dropped their target price on shares of Intel from $26.00 to $23.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Finally, Wells Fargo & Company decreased their price target on shares of Intel from $28.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Five research analysts have rated the stock with a sell rating, twenty-seven have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Intel has a consensus rating of “Hold” and an average target price of $26.88.

About Intel

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.