Honkamp Krueger Financial Services Inc. boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 3.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,854 shares of the chip maker’s stock after purchasing an additional 3,671 shares during the period. Intel Corporation comprises approximately 0.3% of Honkamp Krueger Financial Services Inc.’s holdings, making the stock its 29th largest holding. Honkamp Krueger Financial Services Inc.’s holdings in Intel Corporation were worth $3,740,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Watermark Asset Management Inc. purchased a new position in Intel Corporation during the 1st quarter valued at about $113,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Intel Corporation by 53.0% during the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 4,040 shares of the chip maker’s stock valued at $146,000 after purchasing an additional 1,400 shares during the period. Orrstown Financial Services Inc. increased its holdings in Intel Corporation by 23.0% during the 2nd quarter. Orrstown Financial Services Inc. now owns 4,582 shares of the chip maker’s stock valued at $155,000 after purchasing an additional 857 shares during the period. Winfield Associates Inc. increased its holdings in Intel Corporation by 6.0% during the 2nd quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock valued at $156,000 after purchasing an additional 265 shares during the period. Finally, Vigilant Capital Management LLC increased its holdings in Intel Corporation by 22.6% during the 1st quarter. Vigilant Capital Management LLC now owns 4,373 shares of the chip maker’s stock valued at $158,000 after purchasing an additional 805 shares during the period. Institutional investors own 67.02% of the company’s stock.

Intel Corporation (INTC) opened at 39.67 on Monday. The stock has a market capitalization of $186.41 billion, a price-to-earnings ratio of 15.14 and a beta of 1.07. Intel Corporation has a 12 month low of $33.23 and a 12 month high of $39.95. The stock’s 50 day moving average is $37.23 and its 200-day moving average is $35.94.

Intel Corporation (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 27th. The chip maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $14.76 billion for the quarter, compared to the consensus estimate of $14.39 billion. Intel Corporation had a net margin of 20.60% and a return on equity of 21.86%. The business’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.59 EPS. On average, equities research analysts expect that Intel Corporation will post $3.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Tuesday, November 7th will be paid a $0.2725 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Monday, November 6th. Intel Corporation’s dividend payout ratio (DPR) is 41.76%.

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Several research firms have weighed in on INTC. Canaccord Genuity reaffirmed a “buy” rating and set a $38.00 price objective on shares of Intel Corporation in a research report on Wednesday, July 12th. Hilliard Lyons began coverage on Intel Corporation in a research report on Wednesday, July 12th. They set a “buy” rating and a $41.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $43.00 price objective on shares of Intel Corporation in a research report on Wednesday, July 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $39.00 price objective on shares of Intel Corporation in a research report on Friday, July 14th. Finally, MKM Partners reaffirmed a “buy” rating and set a $42.00 price objective on shares of Intel Corporation in a research report on Tuesday, July 18th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $40.75.

In other news, insider Venkata S. M. Renduchintala sold 13,996 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $35.47, for a total value of $496,438.12. Following the sale, the insider now directly owns 1,536 shares of the company’s stock, valued at approximately $54,481.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Venkata S. M. Renduchintala sold 1,424 shares of the business’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 transaction of $51,833.60. Following the completion of the sale, the insider now directly owns 1,536 shares in the company, valued at $55,910.40. The disclosure for this sale can be found here. Insiders sold a total of 81,608 shares of company stock worth $3,095,110 over the last three months. Insiders own 0.08% of the company’s stock.

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).

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

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