Sci-tech

Intel Corporation (INTC) Stake Cut by Nationwide Fund Advisors

Nationwide Fund Advisors lowered its position in Intel Corporation (NASDAQ:INTC) by 2.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. Dimensional Fund Advisors LP now owns 48,281,810 shares of the chip maker's stock worth $1,751,339,000 after buying an additional 1,049,817 shares during the last quarter.

Ridgeworth Capital Management Llc, which manages about $27.65 billion and $11.82B US Long portfolio, upped its stake in Wells Fargo & Co New (NYSE:WFC) by 459,576 shares to 2.14M shares, valued at $118.11 million in 2016Q4, according to the filing. It also increased its holding in Western Digital Corp (NASDAQ:WDC) by 197,975 shares in the quarter, for a total of 620,312 shares, and has risen its stake in Microchip Technology Inc (NASDAQ:MCHP). AQR Capital Management LLC now owns 12,245,831 shares of the chip maker's stock worth $444,156,000 after buying an additional 32,040 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Intel Corporation by 0.3% in the fourth quarter. Trillium Asset Management Limited Liability Company invested 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC). Finally, Loop Capital reaffirmed a "buy" rating and issued a $42.00 target price on shares of Intel Corporation in a research report on Wednesday, March 15th. The average volume of a stock suggests the liquidity of a particular company.

Intel Corporation (NASDAQ:INTC) plunged -0.80% or -0.28 points during previous trade after opening at the price of $34.33. PEG ratio for Intel Corporation (NASDAQ:INTC) is 1.80. The firm's 50 day moving average price is $36.09 and its 200 day moving average price is $36.11. The firm has a market cap of $161.00 billion, a price-to-earnings ratio of 14.80 and a beta of 0.98.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 19. The chip maker reported $0.66 EPS for the quarter, topping the Zacks' consensus estimate of $0.65 by $0.01. The estimated P/E of a company is often used to compare current earnings to estimated future earnings.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: "Intel Corporation Should Host an "Intel Architecture Day" on June 13, 2017, also Seekingalpha.com with their article: "Intel cancels three IoT products" published on June 21, 2017, Fool.com published: "Here's the Problem With Intel Corporation's 18-Core Behemoth" on June 17, 2017. Hgk Asset Incorporated has invested 2.21% in Intel Corporation (NASDAQ:INTC). After having $0.66 EPS previously, Intel Corporation's analysts see 3.03% EPS growth. On average, equities analysts expect that Intel Corporation will post $2.86 earnings per share for the current year. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of USA and global trademark and copyright legislation. The legal version of this piece can be accessed at https://transcriptdaily.com/2017/06/26/northern-capital-management-llc-has-2-63-million-stake-in-intel-corporation-intc.html. Canaccord Genuity maintained the shares of INTC in report on Monday, August 24 with "Buy" rating. Loop Capital reiterated a "buy" rating and set a $42.00 target price on shares of Intel Corporation in a research report on Wednesday, March 15th. Susquehanna Bancshares Inc reiterated a "positive" rating on shares of Intel Corporation in a research note on Tuesday, March 28th. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Intel Corporation now has a consensus rating of "Buy" and an average target price of $40.28. Also, CFO Robert Holmes Swan purchased 13,888 shares of the company's stock in a transaction that occurred on Monday, June 5th. Price T Rowe Assoc Md reported 1.18M shares or 0.01% of all its holdings. Following the transaction, the chief financial officer now directly owns 8,774 shares in the company, valued at $318,583.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 29,497 shares valued at $1.08 million were sold by Smith Stacy J on Friday, January 20. The shares were acquired at an average cost of $36.31 per share, with a total value of $504,273.28.

Lafleur & Godfrey Llc increased Stryker Corp (NYSE:SYK) stake by 3,914 shares to 95,059 valued at $11.39M in 2016Q4. The disclosure for this purchase can be found here. Its last month's stock price volatility remained 1.28% which for the week stands at 1.30%.



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