Schaper Benz & Wise Investment Counsel Inc. WI raised its holdings in shares of Intel Co. (NASDAQ:INTC) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 361,000 shares of the chip maker’s stock after acquiring an additional 3,520 shares during the quarter. Intel makes up 2.1% of Schaper Benz & Wise Investment Counsel Inc. WI’s investment portfolio, making the stock its 15th largest holding. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Intel were worth $13,747,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Golub Group LLC grew its stake in Intel by 4.4% during the 3rd quarter. Golub Group LLC now owns 36,511 shares of the chip maker’s stock valued at $1,390,000 after acquiring an additional 1,529 shares in the last quarter. Annex Advisory Services LLC grew its stake in Intel by 9.0% during the 3rd quarter. Annex Advisory Services LLC now owns 32,563 shares of the chip maker’s stock valued at $1,240,000 after acquiring an additional 2,677 shares in the last quarter. S. R. Schill & Associates grew its stake in Intel by 15.7% during the 3rd quarter. S. R. Schill & Associates now owns 29,019 shares of the chip maker’s stock valued at $1,105,000 after acquiring an additional 3,943 shares in the last quarter. BigSur Wealth Management LLC purchased a new position in Intel during the 3rd quarter valued at about $224,000. Finally, Wesbanco Bank Inc. grew its stake in Intel by 0.7% during the 3rd quarter. Wesbanco Bank Inc. now owns 323,851 shares of the chip maker’s stock valued at $12,332,000 after acquiring an additional 2,259 shares in the last quarter. 67.56% of the stock is currently owned by institutional investors.

In other Intel news, EVP Diane M. Bryant sold 1,639 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $40.91, for a total value of $67,051.49. Following the sale, the executive vice president now directly owns 113,086 shares in the company, valued at $4,626,348.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brian M. Krzanich sold 889,878 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $44.19, for a total value of $39,323,708.82. The disclosure for this sale can be found here. Insiders sold 1,487,054 shares of company stock valued at $65,800,132 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

INTC has been the topic of several research analyst reports. Zacks Investment Research raised Intel from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Friday, September 22nd. Mizuho reissued a “buy” rating and issued a $45.00 price target (up previously from $42.00) on shares of Intel in a research note on Monday, October 9th. Vetr cut Intel from a “strong-buy” rating to a “buy” rating and set a $42.80 price target for the company. in a research note on Tuesday, October 3rd. ValuEngine raised Intel from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Bank of America raised Intel from a “neutral” rating to a “buy” rating and set a $49.00 price target for the company in a research note on Friday, October 27th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-eight have given a buy rating to the company. Intel presently has a consensus rating of “Buy” and an average target price of $44.77.

Intel Co. (NASDAQ INTC) opened at $44.39 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.60 and a quick ratio of 1.27. The company has a market capitalization of $207,750.00, a price-to-earnings ratio of 15.58, a P/E/G ratio of 1.56 and a beta of 1.06. Intel Co. has a 12 month low of $33.23 and a 12 month high of $47.64.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 26th. The chip maker reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.21. The business had revenue of $16.15 billion during the quarter, compared to analyst estimates of $15.73 billion. Intel had a return on equity of 22.65% and a net margin of 22.31%. Intel’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.80 earnings per share. research analysts predict that Intel Co. will post 3.25 EPS for the current fiscal year.

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Intel Company Profile

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 (NASDAQ:INTC)

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