Lsv Asset Management Increased Stake in Intel Corporation (INTC) by $25.09 Million; Shares Rose

June 27, 2018 - By Jeanette Garcia

Intel Corporation (NASDAQ:INTC) Corporate LogoBig Money Sentiment decreased to 0.76 in 2018 Q1. It has change of 0.26, from 2017Q4’s 1.02. The ratio dropped due to INTC positioning: 76 sold and 796 reduced. 131 funds acquired stakes and 531 increased stakes. Investors holded 3.06 billion in 2017Q4 but now own 3.00 billion shares or 1.96% less. First Dallas Securities has 8,895 shs for 0.3% of their capital. Godshalk Welsh Cap Mngmt Incorporated holds 0.55% or 9,750 shs in its capital. Duquesne Family Office Lc reported 2.46M shs. Moreover, Sheets Smith Wealth Mngmt has 0.25% invested in Intel Corporation (NASDAQ:INTC) for 19,978 shs. Abner Herrman And Brock Ltd Llc invested 0.85% of its capital in Intel Corporation (NASDAQ:INTC). First Citizens Bancorporation & holds 176,270 shs. Ameritas Investment Inc stated it has 248,145 shs. Cypress Asset Management Incorporated Tx holds 94,355 shs. 27,480 are owned by Bollard Gp Limited. Bridgecreek Inv Mngmt Lc has 89,400 shs. Advisor Partners Limited Com has invested 1% in Intel Corporation (NASDAQ:INTC). Minnesota-based Murphy Pohlad Asset Mngmt Ltd Company has invested 3.73% in Intel Corporation (NASDAQ:INTC). Strategic Glob Advsr Ltd Liability Company stated it has 0.64% of its capital in Intel Corporation (NASDAQ:INTC). Sprucegrove Investment Limited has 1.53% invested in Intel Corporation (NASDAQ:INTC). Citizens And Northern Corp accumulated 45,857 shs or 1.78% of the stock.

INTC had 21 sales and 0 insider purchases since January 22, 2018. This’s net activity of $11.14 million. 601 shs were sold by Shenoy Navin, worth $31,366. On Tuesday, May 8 BRYANT ANDY D sold $1.89M worth of Intel Corporation (NASDAQ:INTC) or 35,693 shs. $1.33M worth of stock was sold by YOFFIE DAVID B on Tuesday, May 8. HUNDT REED E sold $1.07M worth of stock. $880,540 worth of Intel Corporation (NASDAQ:INTC) shs were sold by RENDUCHINTALA VENKATA S M. On Wednesday, February 21 a trade for 686 shs valued at $31,943 was made by McBride Kevin Thomas.

Lsv Asset Management rose its stake by 1.99% in Intel Corporation (INTC), according to 2018Q1 SEC filling. By buying 482,570 shares Lsv Asset Management made the stock popped up with 12.89%. The semiconductors company reported $1.29B value for the 2018Q1. Now the institutional investor is holding 24.76 million shares, compared to the 24.28M from the previous quarter. $231.46 billion is Intel Corporation’s MC. Ticker’s shares touched $49.67 during the last trading session after 2.05% change.Intel Corporation is uptrending after having risen 52.90% since June 27, 2017. INTC has 36.94 million volume or 29.76% up from normal. INTC outperformed by 40.33% the S&P 500.

Lsv Asset Management operates about $82.68B and $62.96B US Long portfolio. Its stake in Dte Energy Company (NYSE:DTE) was reduced by 65,800 shares to 15,800 shares valued at $1.65M in 2018Q1, according to the filing. For a total of 2.94 million shares it reduced its holding in Bloomin’ Brands Inc. (NASDAQ:BLMN) by 574,137 shares in the quarter, and has cut its stake in Evertec Inc. (NYSE:EVTC).

For more Intel Corporation (NASDAQ:INTC) news published recently go to: Finance.Yahoo.com, Nasdaq.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Details of Qualcomm’s Snapdragon 1000 Chip for Windows 10 Laptops Leak” published on June 27, 2018, “Why Intel Shouldn’t Do a Stock Split Yet” on June 16, 2018, “Nvidia 1.4% after Benchmark New Buy rating” with a publish date: June 26, 2018, “Intel Selloff, Shareholders Can Still Act” and the last “Intel: The 3 Failures Of Brian Krzanich, Part 1” with publication date: June 23, 2018.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Total analysts of 34 have positions in Intel Corp (NASDAQ:INTC) as follows: 20 rated it a “Buy”, 4 with “Sell” and 10 with “Hold”. The positive are 59%. The firm has $70 highest while $34.0 is the lowest PT. The average target $57.85 is 16.47% above the last ($49.67) price. Since January 3, 2018 according to StockzIntelligence Inc Intel Corp has 78 analyst reports. On Friday, April 27 the firm earned “Buy” rating by Susquehanna. On Thursday, June 21 the stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by UBS. In Friday, April 27 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Tuesday, April 3 Bernstein maintained Intel Corporation (NASDAQ:INTC) with “Sell” rating. On Friday, January 26 RBC Capital Markets maintained the shares of INTC in report with “Hold” rating. On Wednesday, March 28 DZ Bank downgraded the shares of INTC in report to “Hold” rating. In Friday, January 26 report SunTrust maintained the stock with “Hold” rating. On Monday, March 12 the stock of Intel Corporation (NASDAQ:INTC) earned “Hold” rating by RBC Capital Markets. On Wednesday, January 3 the rating was maintained by Rosenblatt with “Sell”. On Tuesday, April 24 Citigroup maintained Intel Corporation (NASDAQ:INTC) rating. Citigroup has “Buy” rating and $60 target.

Intel Corporation (NASDAQ:INTC) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.