Investors Asset Management of Georgia Inc. GA ADV lessened its position in shares of Intel Co. (NASDAQ:INTC) by 5.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 25,278 shares of the chip maker’s stock after selling 1,484 shares during the quarter. Intel makes up approximately 0.8% of Investors Asset Management of Georgia Inc. GA ADV’s investment portfolio, making the stock its 28th largest holding. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Intel were worth $1,167,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Murphy Pohlad Asset Management LLC grew its position in shares of Intel by 15.6% during the 2nd quarter. Murphy Pohlad Asset Management LLC now owns 120,889 shares of the chip maker’s stock worth $4,078,000 after buying an additional 16,340 shares during the period. First Personal Financial Services grew its position in shares of Intel by 92.6% during the 2nd quarter. First Personal Financial Services now owns 80,523 shares of the chip maker’s stock worth $2,717,000 after buying an additional 38,717 shares during the period. Oaktop Capital Management II L.P. acquired a new stake in shares of Intel during the 2nd quarter worth approximately $1,114,000. Swiss National Bank lifted its holdings in shares of Intel by 2.9% in the 2nd quarter. Swiss National Bank now owns 17,274,702 shares of the chip maker’s stock worth $582,848,000 after purchasing an additional 483,200 shares in the last quarter. Finally, Ballentine Partners LLC lifted its holdings in shares of Intel by 121.2% in the 2nd quarter. Ballentine Partners LLC now owns 63,281 shares of the chip maker’s stock worth $2,196,000 after purchasing an additional 34,677 shares in the last quarter. 69.22% of the stock is owned by institutional investors and hedge funds.
In other news, CEO Brian M. Krzanich sold 5,873 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $45.58, for a total transaction of $267,691.34. Following the completion of the sale, the chief executive officer now directly owns 259,082 shares of the company’s stock, valued at approximately $11,808,957.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Brian M. Krzanich sold 8,659 shares of the firm’s 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 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. Over the last ninety days, insiders have sold 123,914 shares of company stock valued at $6,011,490. Insiders own 0.08% of the company’s stock.
Shares of Intel Co. (NASDAQ:INTC) opened at $51.52 on Tuesday. Intel Co. has a 12-month low of $33.23 and a 12-month high of $52.30. The stock has a market capitalization of $243,622.91, a price-to-earnings ratio of 15.04, a PEG ratio of 1.77 and a beta of 1.01. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.29 and a current ratio of 1.69.
Intel (NASDAQ:INTC) last announced its earnings results on Thursday, January 25th. The chip maker reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.22. Intel had a return on equity of 24.33% and a net margin of 15.30%. The firm had revenue of $17.05 billion during the quarter, compared to analyst estimates of $16.34 billion. During the same period last year, the firm posted $0.79 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. sell-side analysts predict that Intel Co. will post 3.51 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 7th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, February 6th. This is a positive change from Intel’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 2.33%. Intel’s dividend payout ratio (DPR) is currently 60.61%.
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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