Mn Services Vermogensbeheer B.V. Has $33.56 Million Holdings in Intel Co. (NASDAQ:INTC)

Mn Services Vermogensbeheer B.V. boosted its stake in shares of Intel Co. (NASDAQ:INTC) by 3.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,673,600 shares of the chip maker’s stock after purchasing an additional 53,000 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Intel were worth $33,556,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in INTC. Finley Financial LLC acquired a new position in Intel during the 4th quarter valued at $25,000. BankPlus Trust Department acquired a new stake in shares of Intel during the 4th quarter worth about $28,000. Keystone Financial Group Inc. bought a new stake in Intel during the 4th quarter worth about $29,000. Quest Partners LLC grew its holdings in Intel by 7,370.6% during the 3rd quarter. Quest Partners LLC now owns 1,270 shares of the chip maker’s stock worth $30,000 after acquiring an additional 1,253 shares during the last quarter. Finally, West Financial Advisors LLC bought a new position in shares of Intel in the 4th quarter valued at about $31,000. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

Shares of NASDAQ:INTC opened at $23.52 on Thursday. The business has a fifty day moving average price of $21.04 and a 200-day moving average price of $21.74. The company has a market capitalization of $101.84 billion, a PE ratio of -5.37 and a beta of 1.08. Intel Co. has a 1-year low of $18.51 and a 1-year high of $46.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.33 and a quick ratio of 0.98.

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

Wall Street Analyst Weigh In

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

Intel Company Profile

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.