Royal Bank of Canada set a $44.00 price objective on Intel (NASDAQ:INTC) in a report released on Thursday, January 4th. The brokerage currently has a neutral rating on the chip maker’s stock.

A number of other research analysts have also recently commented on INTC. Mizuho reissued a buy rating and issued a $47.00 target price on shares of Intel in a report on Tuesday, December 26th. Vetr lowered shares of Intel from a strong-buy rating to a buy rating and set a $48.80 price objective for the company. in a report on Tuesday, January 2nd. BidaskClub lowered shares of Intel from a strong-buy rating to a buy rating in a report on Wednesday, December 27th. Canaccord Genuity raised their price objective on shares of Intel from $41.00 to $45.00 and gave the company a hold rating in a report on Friday, November 17th. Finally, Barclays reissued a buy rating and set a $55.00 target price on shares of Intel in a research report on Monday, November 13th. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $49.10.

Intel (NASDAQ:INTC) traded down $1.01 during trading hours on Thursday, hitting $48.97. 12,763,236 shares of the company’s stock traded hands, compared to its average volume of 38,940,000. 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 has a 12-month low of $33.23 and a 12-month high of $50.85. The firm has a market capitalization of $229,440.00, a P/E ratio of 24.73, a P/E/G ratio of 1.72 and a beta of 1.06.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, January 25th. The chip maker reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.22. Intel had a net margin of 15.30% and a return on equity of 24.33%. The business had revenue of $17.05 billion for the quarter, compared to the consensus estimate of $16.34 billion. During the same period in the prior year, the company posted $0.79 earnings per share. Intel’s revenue was up 4.1% compared to the same quarter last year. equities research analysts expect that Intel will post 3.45 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Wednesday, February 7th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.45%. This is a boost from Intel’s previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, February 6th. Intel’s dividend payout ratio is presently 55.05%.

In other news, CEO Brian M. Krzanich sold 5,873 shares of the stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $45.58, for a total value of $267,691.34. Following the sale, the chief executive officer now directly owns 259,082 shares of the company’s stock, valued at $11,808,957.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Brian M. Krzanich sold 889,878 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $44.19, for a total value of $39,323,708.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 909,632 shares of company stock worth $40,264,998. 0.08% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the company. Financial Engines Advisors L.L.C. bought a new position in Intel in the third quarter valued at about $119,000. Acrospire Investment Management LLC lifted its holdings in Intel by 111.8% in the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the chip maker’s stock valued at $121,000 after acquiring an additional 1,900 shares during the period. JFS Wealth Advisors LLC lifted its holdings in Intel by 47.1% in the third quarter. JFS Wealth Advisors LLC now owns 3,850 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 1,233 shares during the period. Winfield Associates Inc. lifted its holdings in Intel by 6.0% in the second quarter. Winfield Associates Inc. now owns 4,651 shares of the chip maker’s stock valued at $156,000 after acquiring an additional 265 shares during the period. Finally, Fieldpoint Private Securities LLC bought a new position in Intel in the third quarter valued at about $158,000. 67.56% of the stock is currently owned by hedge funds and other institutional investors.

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Intel Company Profile

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).

Analyst Recommendations for Intel (NASDAQ:INTC)

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