Keeler Thomas Management LLC Has $930,000 Holdings in Intel Co. (INTC)

Keeler Thomas Management LLC raised its stake in Intel Co. (NASDAQ:INTC) by 45.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,819 shares of the chip maker’s stock after purchasing an additional 6,175 shares during the quarter. Keeler Thomas Management LLC’s holdings in Intel were worth $930,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Clearwater Capital Advisors LLC raised its holdings in Intel by 3.6% during the fourth quarter. Clearwater Capital Advisors LLC now owns 6,396 shares of the chip maker’s stock worth $300,000 after purchasing an additional 224 shares during the last quarter. SignalPoint Asset Management LLC raised its holdings in Intel by 1.6% during the fourth quarter. SignalPoint Asset Management LLC now owns 14,800 shares of the chip maker’s stock worth $694,000 after purchasing an additional 227 shares during the last quarter. Wealth Architects LLC raised its holdings in Intel by 0.8% during the fourth quarter. Wealth Architects LLC now owns 31,613 shares of the chip maker’s stock worth $1,484,000 after purchasing an additional 246 shares during the last quarter. Home Federal Bank of Tennessee raised its holdings in Intel by 1.1% during the fourth quarter. Home Federal Bank of Tennessee now owns 23,524 shares of the chip maker’s stock worth $1,104,000 after purchasing an additional 247 shares during the last quarter. Finally, Endurance Wealth Management Inc. raised its holdings in Intel by 1.0% during the fourth quarter. Endurance Wealth Management Inc. now owns 24,654 shares of the chip maker’s stock worth $1,157,000 after purchasing an additional 250 shares during the last quarter. Institutional investors own 64.69% of the company’s stock.

In other news, EVP Steven Ralph Rodgers sold 25,170 shares of Intel stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $55.00, for a total value of $1,384,350.00. Following the completion of the sale, the executive vice president now owns 48,140 shares of the company’s stock, valued at $2,647,700. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Kevin Thomas Mcbride sold 518 shares of Intel stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $51.33, for a total value of $26,588.94. Following the completion of the sale, the vice president now directly owns 8,274 shares of the company’s stock, valued at approximately $424,704.42. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,431 shares of company stock valued at $3,500,497. Company insiders own 0.03% of the company’s stock.

Shares of NASDAQ:INTC opened at $58.49 on Friday. The firm has a market capitalization of $273.63 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 1.48 and a beta of 0.79. The company has a quick ratio of 1.30, a current ratio of 1.73 and a debt-to-equity ratio of 0.34. Intel Co. has a 52 week low of $42.36 and a 52 week high of $59.59.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, January 24th. The chip maker reported $1.28 EPS for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.06. The business had revenue of $18.66 billion during the quarter, compared to the consensus estimate of $19.02 billion. Intel had a return on equity of 30.08% and a net margin of 29.72%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.08 earnings per share. On average, research analysts anticipate that Intel Co. will post 4.51 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 1st. Stockholders of record on Tuesday, May 7th will be given a $0.315 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Monday, May 6th. Intel’s dividend payout ratio is currently 27.51%.

INTC has been the subject of several research reports. Bank of America raised Intel from a “neutral” rating to a “buy” rating and set a $45.65 price objective for the company in a report on Friday, January 4th. BidaskClub raised Intel from a “hold” rating to a “buy” rating in a report on Tuesday, December 25th. Credit Suisse Group reaffirmed a “buy” rating and set a $58.00 price objective on shares of Intel in a report on Tuesday, January 22nd. Zacks Investment Research raised Intel from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Monday, January 21st. Finally, Citigroup lifted their price objective on Intel from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, January 11th. Six research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Intel has a consensus rating of “Hold” and a consensus target price of $55.40.

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Intel Company Profile

Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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