Intel Corp. (NASDAQ:INTC)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank AG in a report issued on Wednesday. They presently have a $42.00 price objective on the chip maker’s stock. Deutsche Bank AG’s price target points to a potential upside of 11.26% from the company’s current price.

Several other equities research analysts have also weighed in on the stock. Canaccord Genuity dropped their price objective on shares of Intel Corp. from $44.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday. Charter Equity upgraded shares of Intel Corp. from a “market perform” rating to a “buy” rating in a research note on Wednesday. Morgan Stanley increased their price objective on shares of Intel Corp. from $34.00 to $35.00 and gave the stock an “underweight” rating in a research note on Wednesday. Nomura set a $40.00 price target on shares of Intel Corp. and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Group set a $46.00 price target on shares of Intel Corp. and gave the company a “buy” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirty-four have assigned a buy rating to the company’s stock. Intel Corp. has a consensus rating of “Buy” and an average price target of $39.93.

Analyst Recommendations for Intel Corp. (NASDAQ:INTC)

Shares of Intel Corp. (NASDAQ:INTC) traded down 5.9070% during trading on Wednesday, reaching $35.5201. The company’s stock had a trading volume of 21,811,447 shares. The firm has a market capitalization of $168.05 billion, a P/E ratio of 17.2260 and a beta of 1.09. The company has a 50 day moving average price of $36.98 and a 200 day moving average price of $33.74. Intel Corp. has a 52 week low of $27.68 and a 52 week high of $38.36.

Intel Corp. (NASDAQ:INTC) last released its quarterly earnings data on Tuesday, October 18th. The chip maker reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.08. The firm had revenue of $15.78 billion for the quarter, compared to analyst estimates of $15.58 billion. Intel Corp. had a net margin of 17.84% and a return on equity of 19.99%. Intel Corp.’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. On average, equities research analysts expect that Intel Corp. will post $2.58 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Monday, November 7th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Thursday, November 3rd. Intel Corp.’s dividend payout ratio (DPR) is presently 50.24%.

In other news, CEO Brian M. Krzanich sold 67,508 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $37.71, for a total value of $2,545,726.68. Following the completion of the transaction, the chief executive officer now owns 420,506 shares in the company, valued at $15,857,281.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Gregory R. Pearson sold 1,506 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $34.46, for a total transaction of $51,896.76. Following the completion of the transaction, the vice president now owns 84,505 shares of the company’s stock, valued at approximately $2,912,042.30. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Headinvest LLC boosted its position in shares of Intel Corp. by 2.3% in the first quarter. Headinvest LLC now owns 10,397 shares of the chip maker’s stock valued at $336,000 after buying an additional 231 shares during the last quarter. PGGM Investments boosted its position in shares of Intel Corp. by 1.0% in the first quarter. PGGM Investments now owns 4,711,900 shares of the chip maker’s stock valued at $152,430,000 after buying an additional 48,411 shares during the last quarter. Athena Capital Advisors LLC boosted its position in shares of Intel Corp. by 0.6% in the first quarter. Athena Capital Advisors LLC now owns 48,815 shares of the chip maker’s stock valued at $1,579,000 after buying an additional 278 shares during the last quarter. Vicus Capital boosted its position in shares of Intel Corp. by 36.9% in the first quarter. Vicus Capital now owns 14,779 shares of the chip maker’s stock valued at $478,000 after buying an additional 3,985 shares during the last quarter. Finally, Bellecapital International Ltd. boosted its position in shares of Intel Corp. by 86.2% in the first quarter. Bellecapital International Ltd. now owns 12,960 shares of the chip maker’s stock valued at $405,000 after buying an additional 6,000 shares during the last quarter. Institutional investors own 64.82% of the company’s stock.

About Intel Corp.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components.

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