B. Metzler seel. Sohn & Co. AG Has $5.47 Million Stock Holdings in Intel Co. (NASDAQ:INTC)

B. Metzler seel. Sohn & Co. AG decreased its position in Intel Co. (NASDAQ:INTC) by 4.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 273,112 shares of the chip maker’s stock after selling 12,409 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Intel were worth $5,474,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Dunhill Financial LLC grew its position in shares of Intel by 22.6% during the 3rd quarter. Dunhill Financial LLC now owns 2,380 shares of the chip maker’s stock valued at $56,000 after purchasing an additional 438 shares in the last quarter. CFM Wealth Partners LLC boosted its stake in Intel by 4.0% during the fourth quarter. CFM Wealth Partners LLC now owns 13,114 shares of the chip maker’s stock valued at $263,000 after buying an additional 500 shares during the period. Ausdal Financial Partners Inc. grew its position in Intel by 2.0% during the fourth quarter. Ausdal Financial Partners Inc. now owns 24,963 shares of the chip maker’s stock worth $501,000 after buying an additional 500 shares in the last quarter. Wealth Quarterback LLC increased its stake in Intel by 2.0% in the 4th quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock worth $510,000 after acquiring an additional 508 shares during the last quarter. Finally, Missouri Trust & Investment Co raised its holdings in shares of Intel by 3.6% in the 4th quarter. Missouri Trust & Investment Co now owns 15,650 shares of the chip maker’s stock valued at $314,000 after acquiring an additional 550 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

INTC opened at $22.71 on Tuesday. The stock has a market cap of $98.33 billion, a PE ratio of -5.18 and a beta of 1.02. The business has a 50 day moving average of $22.35 and a 200-day moving average of $22.19. Intel Co. has a 52 week low of $18.51 and a 52 week high of $45.41. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 0.44.

Intel (NASDAQ:INTC) last released 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 return on equity of 3.27% and a negative net margin of 35.32%. Equities research analysts predict that Intel Co. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INTC. Rosenblatt Securities restated a “sell” rating and issued a $20.00 price objective on shares of Intel in a research report on Thursday, January 30th. Citigroup decreased their price target on shares of Intel from $22.00 to $21.00 and set a “neutral” rating on the stock in a report on Tuesday, January 21st. Truist Financial cut their target price on shares of Intel from $22.00 to $21.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Bank of America upgraded Intel from an “underperform” rating to a “neutral” rating and raised their price target for the company from $19.00 to $25.00 in a research report on Thursday, March 13th. Finally, HSBC upgraded Intel from a “reduce” rating to a “hold” rating in a research report on Tuesday, January 21st. Four research analysts have rated the stock with a sell rating, twenty-eight have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus target price 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.