Humankind Investments LLC Has $1.95 Million Stock Position in Intel Co. (NASDAQ:INTC)

Humankind Investments LLC cut its holdings in shares of Intel Co. (NASDAQ:INTC) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,164 shares of the chip maker’s stock after selling 12,488 shares during the period. Intel accounts for approximately 0.5% of Humankind Investments LLC’s holdings, making the stock its 29th biggest holding. Humankind Investments LLC’s holdings in Intel were worth $1,948,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of INTC. Evergreen Capital Management LLC lifted its stake in Intel by 1.0% during the fourth quarter. Evergreen Capital Management LLC now owns 41,904 shares of the chip maker’s stock worth $840,000 after purchasing an additional 419 shares during the period. Federated Hermes Inc. raised its holdings in shares of Intel by 0.3% in the 4th quarter. Federated Hermes Inc. now owns 162,757 shares of the chip maker’s stock worth $3,263,000 after buying an additional 456 shares in the last quarter. CFM Wealth Partners LLC lifted its position in shares of Intel by 4.0% during the 4th 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 period. Ausdal Financial Partners Inc. boosted its stake in Intel by 2.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 24,963 shares of the chip maker’s stock valued at $501,000 after buying an additional 500 shares in the last quarter. Finally, Wealth Quarterback LLC grew its position in Intel by 2.0% in the fourth quarter. Wealth Quarterback LLC now owns 25,458 shares of the chip maker’s stock valued at $510,000 after acquiring an additional 508 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Cantor Fitzgerald reduced their price target on shares of Intel from $29.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, April 21st. UBS Group dropped their target price on shares of Intel from $22.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Wells Fargo & Company dropped their price objective on shares of Intel from $25.00 to $22.00 and set an “equal weight” rating for the company in a research report on Friday, April 25th. Rosenblatt Securities lowered their target price on Intel from $18.00 to $14.00 and set a “sell” rating for the company in a research note on Friday, April 25th. Finally, Seaport Res Ptn raised Intel to a “strong sell” rating in a research note on Wednesday, April 30th. Six 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $22.23.

Intel Trading Up 2.1 %

Shares of Intel stock opened at $21.44 on Friday. Intel Co. has a 52-week low of $17.67 and a 52-week high of $37.16. The stock has a market cap of $93.52 billion, a PE ratio of -4.89 and a beta of 1.15. The firm has a 50-day moving average of $21.24 and a 200-day moving average of $21.70. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.98 and a current ratio of 1.33.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, April 24th. The chip maker reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.12. The company had revenue of $12.67 billion during the quarter, compared to the consensus estimate of $12.26 billion. Intel had a negative net margin of 35.32% and a negative return on equity of 3.27%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same period in the previous year, the business earned $0.18 earnings per share. As a group, sell-side analysts forecast that Intel Co. will post -0.11 EPS for the current year.

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.