CFO Bob Swanson said the company "achieved growth across the business and increased capital returns with a five percent dividend raise while investing for future growth". Court Place Advisors LLC now owns 128,070 shares of the chip maker's stock valued at $4,835,000 after buying an additional 2,638 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Intel by 0.3% in the fourth quarter.
Intel Corporation (NASDAQ:INTC) had an increase of 1.56% in short interest. The P/E ratio was recorded at 17.42.The volatility in the previous week has experienced by 1.13% and observed of 1.24% in the previous month.68.80% ownership is held by institutional investors while insiders hold ownership of 0.04%. The company has a 50-day moving average price of $35.75 and a 200 day moving average price of $35.94. Intel Co. Intel also was the target of unusually large options trading on Monday. The shares have slowed down in recent weeks, with their price down about -1.6% in the past three months.
Intel (NASDAQ:INTC) last announced its earnings results on Thursday, January 26th.
The sell-side analysts covering Intel Corporation (NASDAQ:INTC) are predicting that the firm will report earnings of $0.65 per share when the company issues their quarterly report today.
Intel reported quarterly earnings that beat analysts' expectations on Thursday, but revenue was a miss.
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Revenue from Intel's higher-margin data center business rose 6 percent to $4.2 billion in the first quarter. The stock went up 0.04% at some stage in past quarter. Equities analysts predict that Intel will post $2.80 EPS for the current year. Investors of record on Sunday, May 7th will be issued a dividend of $0.2725 per share. Virginia Retirement System Et Al holds 1.03% or 2.04 million shares. Intel's dividend payout ratio (DPR) is presently 49.29%.
Intel's price-to-EBITDA ratio stood at 7.61x on April 21, 2017.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by [[site]] and is the property of of [[site]]. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and worldwide copyright law. The correct version of this news story can be accessed at https://transcriptdaily.com/2017/04/27/searle-co-purchases-new-position-in-intel-co-intc.html. Sanford C. Bernstein cut shares of Intel from a market perform rating to an underperform rating and dropped their target price for the company from $36.00 to $30.00 in a report on Tuesday, February 28th. They noted that the move was a valuation call. Citigroup maintained the shares of INTC in report on Wednesday, October 19 with "Neutral" rating. Deutsche Bank AG reissued a "buy" rating and issued a $47.00 target price on shares of Intel in a report on Tuesday, January 24th. (NYSE:SD), 1 have Buy rating, 2 Sell and 2 Hold. The current value of the RSI is 66.57 that is neither bought nor sold range. This showed the surprise of 5.1% in the last quarter earnings. The shares were sold at an average price of $36.34, for a total value of $2,028,535.14. Following the transaction, the executive vice president now directly owns 107,758 shares of the company's stock, valued at $4,044,157.74. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The company is set at a mean analysts' recommendation of 2.40.
In related news, EVP Diane M. Bryant sold 680 shares of the firm's stock in a transaction dated Monday, January 30th. The disclosure for this sale can be found here. Sumitomo Mitsui Trust Holdings Inc. now owns 14,453,797 shares of the chip maker's stock valued at $545,631,000 after buying an additional 81,682 shares during the period.