Howland Capital Management LLC Has $4.14 Million Stake in Intel Co. (INTC)

Howland Capital Management LLC decreased its position in Intel Co. (NASDAQ:INTC) by 3.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 108,592 shares of the chip maker’s stock after selling 4,423 shares during the period. Howland Capital Management LLC’s holdings in Intel were worth $4,135,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Acrospire Investment Management LLC boosted its holdings in shares of Intel by 111.8% in the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock valued at $121,000 after acquiring an additional 1,900 shares in the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Intel by 47.1% in the third quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 1,233 shares in the last quarter. Winfield Associates Inc. boosted its holdings in shares of Intel by 6.0% in the second quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock valued at $156,000 after acquiring an additional 265 shares in the last quarter. Burt Wealth Advisors boosted its holdings in shares of Intel by 236.1% in the second quarter. Burt Wealth Advisors now owns 4,941 shares of the chip maker’s stock valued at $166,000 after acquiring an additional 3,471 shares in the last quarter. Finally, Family Capital Trust Co boosted its holdings in shares of Intel by 350.0% in the third quarter. Family Capital Trust Co now owns 4,500 shares of the chip maker’s stock valued at $171,000 after acquiring an additional 3,500 shares in the last quarter. Hedge funds and other institutional investors own 67.56% of the company’s stock.

In other news, Chairman Andy D. Bryant sold 89,087 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $44.80, for a total transaction of $3,991,097.60. Following the completion of the transaction, the chairman now directly owns 428,789 shares of the company’s stock, valued at approximately $19,209,747.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stacy J. Smith sold 472,337 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $44.23, for a total transaction of $20,891,465.51. Following the transaction, the insider now directly owns 265,298 shares of the company’s stock, valued at $11,734,130.54. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,487,054 shares of company stock valued at $65,800,132. Insiders own 0.08% of the company’s stock.

INTC has been the subject of several recent research reports. Zacks Investment Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Friday, September 22nd. Stifel Nicolaus increased their target price on shares of Intel from $41.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, October 20th. Sanford C. Bernstein set a $34.00 target price on shares of Intel and gave the company a “sell” rating in a research note on Friday, October 27th. Vetr downgraded shares of Intel from a “strong-buy” rating to a “buy” rating and set a $48.80 price target for the company. in a research report on Tuesday, January 2nd. Finally, Instinet upped their price target on shares of Intel to $50.00 and gave the company a “buy” rating in a research report on Tuesday, December 5th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $44.78.

Intel Co. (NASDAQ:INTC) opened at $43.24 on Tuesday. Intel Co. has a 12 month low of $33.23 and a 12 month high of $47.64. The company has a quick ratio of 1.27, a current ratio of 1.60 and a debt-to-equity ratio of 0.39. The stock has a market cap of $202,220.00, a price-to-earnings ratio of 15.17, a P/E/G ratio of 1.56 and a beta of 1.06.

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

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About Intel

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 (NASDAQ:INTC)

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