Achmea Investment Management B.V. lifted its position in shares of Intel Co. (NASDAQ:INTC) by 4.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 622,131 shares of the chip maker’s stock after acquiring an additional 28,391 shares during the period. Intel makes up about 1.3% of Achmea Investment Management B.V.’s portfolio, making the stock its 8th largest position. Achmea Investment Management B.V.’s holdings in Intel were worth $23,686,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Shoker Investment Counsel Inc. raised its stake in Intel by 6.3% in the third quarter. Shoker Investment Counsel Inc. now owns 21,853 shares of the chip maker’s stock valued at $832,000 after purchasing an additional 1,304 shares in the last quarter. Hugh Johnson Advisors LLC raised its stake in Intel by 109.2% in the third quarter. Hugh Johnson Advisors LLC now owns 26,193 shares of the chip maker’s stock valued at $997,000 after purchasing an additional 13,673 shares in the last quarter. Virginia Retirement Systems ET AL raised its stake in Intel by 32.5% in the third quarter. Virginia Retirement Systems ET AL now owns 1,664,100 shares of the chip maker’s stock valued at $63,369,000 after purchasing an additional 408,400 shares in the last quarter. Legal & General Group Plc raised its stake in Intel by 2.0% in the third quarter. Legal & General Group Plc now owns 26,011,028 shares of the chip maker’s stock valued at $990,439,000 after purchasing an additional 502,225 shares in the last quarter. Finally, Staley Capital Advisers Inc. raised its stake in Intel by 0.5% in the third quarter. Staley Capital Advisers Inc. now owns 586,180 shares of the chip maker’s stock valued at $22,322,000 after purchasing an additional 2,764 shares in the last quarter. 67.48% of the stock is owned by institutional investors.

A number of research analysts recently commented on the company. UBS Group set a $51.00 price target on Intel and gave the company a “buy” rating in a research note on Monday, January 29th. MKM Partners boosted their price target on Intel to $55.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Vetr downgraded Intel from a “buy” rating to a “sell” rating and set a $47.74 price target for the company. in a research note on Monday, January 29th. Citigroup assumed coverage on Intel in a research note on Tuesday, January 30th. They issued a “buy” rating and a $58.00 price target for the company. Finally, Nomura reaffirmed a “buy” rating and issued a $50.00 price target on shares of Intel in a research note on Friday, January 26th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have given a buy rating to the company. Intel presently has a consensus rating of “Buy” and a consensus target price of $49.33.

In related news, insider Venkata S. M. Renduchintala sold 17,946 shares of the stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $49.07, for a total value of $880,610.22. Following the completion of the sale, the insider now directly owns 1,536 shares of the company’s stock, valued at approximately $75,371.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian M. Krzanich sold 8,659 shares of the stock in a transaction on Friday, January 26th. The shares were sold at an average price of $49.40, for a total value of $427,754.60. Following the completion of the sale, the chief executive officer now directly owns 263,382 shares of the company’s stock, valued at $13,011,070.80. The disclosure for this sale can be found here. Insiders sold a total of 932,755 shares of company stock valued at $41,387,752 over the last three months. 0.08% of the stock is currently owned by insiders.

Intel Co. (NASDAQ INTC) opened at $44.46 on Wednesday. The company has a current ratio of 1.69, a quick ratio of 1.29 and a debt-to-equity ratio of 0.36. Intel Co. has a 12-month low of $33.23 and a 12-month high of $50.85. The firm has a market capitalization of $208,070.00, a P/E ratio of 22.45, a PEG ratio of 1.49 and a beta of 1.07.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, January 25th. The chip maker reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.22. Intel had a return on equity of 24.33% and a net margin of 15.30%. The company had revenue of $17.05 billion for the quarter, compared to analyst estimates of $16.34 billion. During the same period in the prior year, the firm earned $0.79 earnings per share. Intel’s revenue for the quarter was up 4.1% on a year-over-year basis. research analysts predict that Intel Co. will post 3.51 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, February 7th will be given a $0.30 dividend. This is a positive change from Intel’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date is Tuesday, February 6th. Intel’s dividend payout ratio is presently 60.61%.

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Intel 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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