DnB Asset Management AS increased its stake in shares of Intel by 654.3% in the first quarter. The stock plunged -1.6 percent over the past quarter, while surged 6.28 percent over the past six months. Beacon Financial Group's holdings in Intel were worth $985,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 65.90% of the company's stock.
Shares of Intel Corp. Albion Financial Group UT raised its position in shares of Intel by 237.5% in the third quarter. Finally, Prudential PLC boosted its position in shares of Intel by 15.4% in the fourth quarter.
On 12/31/2016 Microsoft Corporation (MSFT) reported its EPS in the last quarter as $0.83/Share beating the analyst estimate of $0.79/Share by the difference of $0.04. Capital Investment Advisors LLC raised its position in Intel by 2.3% in the third quarter.
During last 5 trades the stock sticks nearly 2.84%. The Company has 52-week high of $38.18 and 52-week low of $28.85. (NASDAQ:INTC) opened at 36.75 on Tuesday.
Microsoft Corporation (MSFT) now has the market capitalization of $520.48 Billion, P/E (price to earnings ttm) of 31.94 and Weekly volatility of 1.07% and monthly volatility of 1.02% respectively. Intel also was the recipient of some unusual options trading on Monday. This represents an increase of approximately 253% compared to the average volume of 1,267 put options.
Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, January 26th. According to their predictions High & Low revenue estimates are 24.15 Billion and 23.39 Billion respectively.
Intel's PE ratio stood at 17.1x on April 21, 2017. The company's quarterly revenue was up 10.1% compared to the same quarter past year.
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EPS growth for this year is -9.30% and EPS growth for next year is expected to reach at 4.55%. Stockholders of record on Sunday, May 7th will be paid a $0.2725 dividend. Intel's dividend payout ratio is now 49.29%. It has a dividend yield of 2.95%. The ex-dividend date is Wednesday, May 3rd.
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INTC has been the subject of a number of analyst reports. The stock has a 52-week trading range of $29.50 to $38.45 and a consensus analyst price target of $39.97. Credit Suisse Group AG increased their price objective on shares of Intel from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Friday, January 27th. Pacific Crest reiterated an "overweight" rating and issued a $43.00 price target on shares of Intel in a research note on Friday, February 10th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.00 on scale of 1-5.
Basically, a price target is an individual analyst's projection on the future price of a stock.
In related news, EVP Venkata S.M. Renduchintala sold 17,755 shares of the stock in a transaction on Tuesday, January 31st. The shares were sold at an average price of $36.28, for a total value of $1,070,151.16. The stock is presently trading up its SMA-50 of $35.68. Following the completion of the sale, the executive vice president now owns 107,758 shares in the company, valued at approximately $4,044,157.74. The disclosure for this sale can be found here. The 20-Day Simple Moving Average is determined at 2.67% that showed a 200-Day Simple Moving Average of 3.83%. And the company's earnings results Thursday, combined with solid guidance could be the catalyst to send INTC stock higher.
Intel, however, argues that its manufacturing technology remains a couple of years ahead of its rivals, giving Intel an advantage in production costs. The Company's divisions are Client Computing Group, 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).