Intel Co. (NASDAQ:INTC) Stock Holdings Reduced by Paragon Capital Management LLC

Paragon Capital Management LLC lowered its position in Intel Co. (NASDAQ:INTC) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,336 shares of the chip maker’s stock after selling 4,787 shares during the quarter. Intel makes up approximately 0.7% of Paragon Capital Management LLC’s holdings, making the stock its 23rd biggest position. Paragon Capital Management LLC’s holdings in Intel were worth $1,330,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC lifted its position in shares of Intel by 22.6% in the third quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock worth $56,000 after buying an additional 438 shares during the last quarter. CFM Wealth Partners LLC lifted its position in shares of Intel by 4.0% in the fourth quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock worth $263,000 after buying an additional 500 shares during the last quarter. Wealth Quarterback LLC lifted its position in shares of Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock worth $510,000 after buying an additional 508 shares during the last quarter. Missouri Trust & Investment Co lifted its position in shares of Intel by 3.6% in the fourth quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock worth $314,000 after buying an additional 550 shares during the last quarter. Finally, Riverview Trust Co lifted its position in shares of Intel by 2.0% in the fourth quarter. Riverview Trust Co now owns 28,567 shares of the chip maker’s stock worth $573,000 after buying an additional 565 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Down 0.7 %

NASDAQ:INTC opened at $23.96 on Friday. The stock’s fifty day moving average price is $21.85 and its two-hundred day moving average price is $21.96. Intel Co. has a 52-week low of $18.51 and a 52-week high of $45.41. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33. The company has a market cap of $103.75 billion, a price-to-earnings ratio of -5.47 and a beta of 1.02.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, January 30th. The chip maker reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.14). Intel had a negative return on equity of 3.27% and a negative net margin of 35.32%. On average, analysts anticipate that Intel Co. will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on INTC shares. Stifel Nicolaus cut their price objective on Intel from $25.00 to $21.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Roth Mkm cut their price objective on Intel from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Rosenblatt Securities reissued a “sell” rating and set a $20.00 price objective on shares of Intel in a research report on Thursday, January 30th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, January 31st. Finally, Bank of America raised Intel from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $19.00 to $25.00 in a research report on Thursday, March 13th. Four equities research analysts have rated the stock with a sell rating, twenty-eight have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $27.04.

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.