Sensato Investors LLC boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 194.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 585,100 shares of the chip maker’s stock after acquiring an additional 386,200 shares during the quarter. Intel Corporation makes up approximately 3.5% of Sensato Investors LLC’s portfolio, making the stock its 6th largest holding. Sensato Investors LLC’s holdings in Intel Corporation were worth $21,105,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Orrstown Financial Services Inc. raised its position in Intel Corporation by 96.6% during the first quarter. Orrstown Financial Services Inc. now owns 3,725 shares of the chip maker’s stock valued at $134,000 after acquiring an additional 1,830 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Intel Corporation by 53.0% during the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 4,040 shares of the chip maker’s stock valued at $146,000 after acquiring an additional 1,400 shares in the last quarter. Vigilant Capital Management LLC raised its position in Intel Corporation by 22.6% during the first quarter. Vigilant Capital Management LLC now owns 4,373 shares of the chip maker’s stock valued at $158,000 after acquiring an additional 805 shares in the last quarter. ARP Americas LLC bought a new position in Intel Corporation during the first quarter valued at approximately $202,000. Finally, Vision Capital Management Inc. bought a new position in Intel Corporation during the first quarter valued at approximately $202,000. 67.09% of the stock is currently owned by hedge funds and other institutional investors.

In other Intel Corporation news, insider Venkata S. M. Renduchintala sold 13,996 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $35.47, for a total value of $496,438.12. Following the completion of the sale, the insider now owns 1,536 shares of the company’s stock, valued at $54,481.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $36.40, for a total value of $51,833.60. Following the completion of the sale, the insider now directly owns 1,536 shares of the company’s stock, valued at approximately $55,910.40. The disclosure for this sale can be found here. Insiders sold 91,921 shares of company stock valued at $3,130,162 in the last three months. Insiders own 0.08% of the company’s stock.

Several equities analysts recently weighed in on INTC shares. Vetr raised shares of Intel Corporation from a “hold” rating to a “buy” rating and set a $37.01 price objective on the stock in a research report on Monday, May 15th. Macquarie reaffirmed an “outperform” rating and set a $40.00 price objective on shares of Intel Corporation in a research report on Monday, May 15th. Zacks Investment Research raised shares of Intel Corporation from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Tuesday, May 16th. Canaccord Genuity reaffirmed a “hold” rating on shares of Intel Corporation in a research report on Saturday, June 3rd. Finally, Jefferies Group LLC set a $38.00 price objective on shares of Intel Corporation and gave the company a “hold” rating in a research report on Saturday, June 3rd. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $40.55.

Intel Corporation (NASDAQ:INTC) traded down 0.98% during trading on Friday, reaching $35.19. The company’s stock had a trading volume of 14,125,018 shares. The stock has a market cap of $165.36 billion, a PE ratio of 13.43 and a beta of 1.02. The company’s 50-day moving average is $35.41 and its 200-day moving average is $35.52. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $38.45.

Intel Corporation (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 27th. The chip maker reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.04. Intel Corporation had a return on equity of 21.86% and a net margin of 20.60%. The firm had revenue of $14.76 billion during the quarter, compared to analysts’ expectations of $14.39 billion. During the same quarter last year, the firm posted $0.59 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities analysts expect that Intel Corporation will post $3.01 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Monday, August 7th were paid a $0.2725 dividend. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $1.09 dividend on an annualized basis and a yield of 3.10%. Intel Corporation’s dividend payout ratio (DPR) is presently 41.76%.

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About Intel Corporation

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The Company’s segments are Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solutions Group (NSG), Intel Security Group (ISecG), Programmable Solutions Group (PSG), All Other and New Technology Group (NTG).

Institutional Ownership by Quarter for Intel Corporation (NASDAQ:INTC)

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