ELM Advisors LLC Holds Stake in Intel Corporation (NASDAQ:INTC)

Above Self-driving cars look big in Intel's

Intel Corporation makes up approximately 3.8% of LaFleur & Godfrey LLC's holdings, making the stock its 6th largest position.

Many other Institutions have also purchased and unloaded stocks of the company. TNB Financial raised its position in shares of Intel Corporation by 6.6% in the second quarter. Cordasco Financial Network now owns 5,699 shares of the chip maker's stock valued at $206,000 after buying an additional 38 shares during the last quarter. 80,645 Intel Corporation (NASDAQ:INTC) shares with value of $2.84M were sold by BRYANT ANDY D. Blue Granite Capital LLC now owns 73,550 shares of the chip maker's stock valued at $2,478,000 after buying an additional 400 shares during the last quarter. First Command Financial Services Inc. increased its position in Intel Corporation by 0.4% in the first quarter. First Command Financial Services Inc. now owns 12,607 shares of the chip maker's stock worth $455,000 after buying an additional 51 shares in the last quarter. The Montag & Caldwell Llc holds 1.38M shares with $160.05 million value, down from 1.60 million last quarter. Finally, Lederer & Associates Investment Counsel CA increased its position in Intel Corporation by 0.9% in the first quarter. The fund owned 17,938 shares of the chip maker's stock at the end of the second quarter.

Traders are a little more bearish on shares of Intel Corporation recently if you take a look at the rise in short interest. The firm has "Sell" rating given on Thursday, June 15 by BMO Capital Markets. Intel Corporation has a 1-year low of $33.23 and a 1-year high of $38.45. The firm has a 50-day moving average price of $34.62 and a 200-day moving average price of $35.76.

Intel Corporation (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 27th. The chip maker reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01.

Revenue: $14.76 billion, vs. $14.41 billion in revenue expected by analysts for the quarter, according to Thomson Reuters. Intel Corporation had a net margin of 18.57% and a return on equity of 21.48%. On the year, Intel is projecting $61.3 billion in revenue and $3.00 EPS. Next quarter's EPS is expected be $0.74 with next year's EPS anticipated to be $2.97.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, August 7th will be paid a dividend of $0.2725 per share. As per Thursday, August 27, the company rating was upgraded by TheStreet. Intel Corporation's dividend payout ratio is presently 47.39%. The brokerage issued a buy rating and a $41.00 price target on the chip maker's stock. If you are viewing this article on another site, it was illegally copied and reposted in violation of global trademark and copyright law. The legal version of this news story can be read at https://transcriptdaily.com/2017/07/26/intel-corporation-intc-stake-boosted-by-oregon-public-employees-retirement-fund.html.

Several other equities analysts have also issued reports on INTC.

Intel holds 93% of the roughly $31 billion global market for the calculating engines in PCs and approaches 100% share of the $16.5 billion world-wide market for server processors, according to Mercury Research. Bedrijfstakpensioenfonds Voor De Media Pno holds 2.43% of its portfolio in Intel Corporation (NASDAQ:INTC) for 518,700 shares. Sanford C. Bernstein lowered Intel Corporation from a market perform rating to an underperform rating and set a $30.00 price target on the stock.in a research report on Tuesday, March 14th. Finally, Rosenblatt Securities reaffirmed a "sell" rating on shares of Intel Corporation in a research report on Tuesday, July 18th.

Among 3 analysts covering RCI Hospitality Holdings (NASDAQ:RICK), 3 have Buy rating, 0 Sell and 0 Hold. Needham & Company restated a "buy" recommendation and fixed a $43.00 target price on stock of Intel Corporation in a note on Wed, Mar 29th.

In other Intel Corporation news, CFO Robert Holmes Swan bought 13,888 shares of Intel Corporation stock in a transaction dated Monday, June 5th. Insiders sold 88,378 shares of company stock valued at $3,014,284 in the last 90 days. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Venkata S.M. Renduchintala, Group President (CISA) let go of $52,489 worth of shares at an average price of $36.86 on Friday the 5th. Atlas Browninc accumulated 36,398 shares or 0.57% of the stock. Following the sale, the insider now directly owns 1,536 shares of the company's stock, valued at $55,464.96. The disclosure for this sale can be found here. Insiders have sold 86,739 shares of company stock worth $2,957,492 in the last quarter.

Intel's stock has lagged the chip industry over the past few years, with memory technologies, communications chips and other products outpacing Intel's focus on computer microprocessors. Excluding the company's Intel Security results (since the company divested of this business), the company says that its revenue was up 14% year over year in the most recent quarter. It dropped, as 79 investors sold INTC shares while 690 reduced holdings.

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