Analyst at Raymond James Maintained Intel Corporation (NDAQ:INTC)Stock Rating as a ‘Underperform’

June 19, 2017 - By Darrin Black

 Analyst at Raymond James Maintained Intel Corporation (NDAQ:INTC)Stock Rating as a ‘Underperform’

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.06, from 0.99 in 2016Q3. It fall, as 79 investors sold Intel Corporation shares while 690 reduced holdings. 111 funds opened positions while 603 raised stakes. 3.02 billion shares or 1.62% more from 2.97 billion shares in 2016Q3 were reported.

Amica Pension Fund Board Of Trustees invested in 0.79% or 181,916 shares. Brookstone Cap Management has 11,160 shares. The Manitoba – Canada-based Ig Invest Mngmt Limited has invested 0.54% in Intel Corporation (NASDAQ:INTC). Great Lakes Advsr Ltd reported 1.61M shares. First In invested 0.48% of its portfolio in Intel Corporation (NASDAQ:INTC). Next Fincl has 62,341 shares for 0% of their portfolio. 20,769 were reported by Maple Mngmt Inc. Rathbone Brothers Public Limited Co invested in 735,635 shares or 1.34% of the stock. Private Harbour Investment Mgmt And Counsel Llc stated it has 56,817 shares or 1.86% of all its holdings. Lourd Cap Limited Com holds 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC) for 8,995 shares. 15,360 were accumulated by Train Babcock Advsr Ltd Liability Company. Mackenzie Fin has invested 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC). Ashfield Cap Prtnrs Ltd Liability Company, a California-based fund reported 250,996 shares. Oberweis Asset Mngmt reported 8,220 shares. Goodwin Daniel L holds 0.12% of its portfolio in Intel Corporation (NASDAQ:INTC) for 8,000 shares.

Since January 3, 2017, it had 1 insider buy, and 13 insider sales for $15.69 million activity. Krzanich Brian M sold $2.54M worth of Intel Corporation (NASDAQ:INTC) on Monday, March 13. RENDUCHINTALA VENKATA S M sold 17,755 shares worth $659,277. Another trade for 29,497 shares valued at $1.08M was made by Smith Stacy J on Friday, January 20. 680 shares valued at $25,517 were sold by Bryant Diane M on Friday, January 27. On Monday, June 5 the insider SWAN ROBERT HOLMES bought $504,204. PLUMMER JAMES D sold 10,778 shares worth $403,638. 80,645 shares were sold by BRYANT ANDY D, worth $2.84 million.

Intel Corporation (NDAQ:INTC) Rating Reaffirmed

Intel Corporation (NDAQ:INTC) stock Underperform rating has been reaffirmed by Raymond James in a research report made public on 16 June.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.06, from 0.99 in 2016Q3. It fall, as 79 investors sold Intel Corporation shares while 690 reduced holdings. 111 funds opened positions while 603 raised stakes. 3.02 billion shares or 1.62% more from 2.97 billion shares in 2016Q3 were reported.

Amica Pension Fund Board Of Trustees invested in 0.79% or 181,916 shares. Brookstone Cap Management has 11,160 shares. The Manitoba – Canada-based Ig Invest Mngmt Limited has invested 0.54% in Intel Corporation (NASDAQ:INTC). Great Lakes Advsr Ltd reported 1.61M shares. First In invested 0.48% of its portfolio in Intel Corporation (NASDAQ:INTC). Next Fincl has 62,341 shares for 0% of their portfolio. 20,769 were reported by Maple Mngmt Inc. Rathbone Brothers Public Limited Co invested in 735,635 shares or 1.34% of the stock. Private Harbour Investment Mgmt And Counsel Llc stated it has 56,817 shares or 1.86% of all its holdings. Lourd Cap Limited Com holds 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC) for 8,995 shares. 15,360 were accumulated by Train Babcock Advsr Ltd Liability Company. Mackenzie Fin has invested 0.03% of its portfolio in Intel Corporation (NASDAQ:INTC). Ashfield Cap Prtnrs Ltd Liability Company, a California-based fund reported 250,996 shares. Oberweis Asset Mngmt reported 8,220 shares. Goodwin Daniel L holds 0.12% of its portfolio in Intel Corporation (NASDAQ:INTC) for 8,000 shares.

Since January 3, 2017, it had 1 insider buy, and 13 insider sales for $15.69 million activity. Krzanich Brian M sold $2.54M worth of Intel Corporation (NASDAQ:INTC) on Monday, March 13. RENDUCHINTALA VENKATA S M sold 17,755 shares worth $659,277. Another trade for 29,497 shares valued at $1.08M was made by Smith Stacy J on Friday, January 20. 680 shares valued at $25,517 were sold by Bryant Diane M on Friday, January 27. On Monday, June 5 the insider SWAN ROBERT HOLMES bought $504,204. PLUMMER JAMES D sold 10,778 shares worth $403,638. 80,645 shares were sold by BRYANT ANDY D, worth $2.84 million.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 13 analysts covering Intel Corporation (NDAQ:INTC), 6 have Buy rating, 3 Sell and 4 Hold. Therefore 46% are positive. Intel Corporation has $45 highest and $30 lowest target. $39.45’s average target is 11.19% above currents $35.48 stock price. Intel Corporation had 18 analyst reports since March 1, 2017 according to SRatingsIntel. The stock of Intel Corporation (NASDAQ:INTC) earned “Neutral” rating by Credit Suisse on Wednesday, March 15. The rating was maintained by Bernstein with “Sell” on Wednesday, April 26. The company was maintained on Friday, March 31 by Instinet. The company was maintained on Friday, March 24 by B. Riley & Co. On Friday, March 31 the stock rating was maintained by Bernstein with “Underperform”. The firm has “Buy” rating by Needham given on Thursday, March 30. The stock has “Outperform” rating by Wells Fargo on Friday, April 7. As per Wednesday, April 12, the company rating was maintained by Mizuho. On Monday, May 1 the stock rating was maintained by Cowen & Co with “Market Perform”. Bernstein downgraded the stock to “Underperform” rating in Wednesday, March 1 report.

About 3,704 shares traded. Intel Corporation (NDAQ:INTC) has risen 19.47% since June 19, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

Investors wait Intel Corporation (NASDAQ:INTC) to report on July, 19. its quarterly earnings Wall Street analysts expect $0.68 earnings per share, up $0.09 or 15.25 % from last year’s $0.59 same quarter earnings. This translates into $3.19 billion profit for INTC giving the stock a 13.03 P/E. This is assuming the current $0.68 EPS is accurate. Intel Corporation’s Wall Street analysts see 3.03 % EPS growth, taking into account the $0.66 EPS reproted in the previous quarter,

Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. The company has market cap of $166.60 billion. The Company’s divisions are Client Computing Group , 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). It has a 15.4 P/E ratio. It delivers computer, networking and communications platforms to a set of customers, including original equipment manufacturers (OEMs), original design manufacturers (ODMs), cloud and communications service providers, as well as industrial, communications and automotive equipment manufacturers.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: “Intel Corporation Should Host an “Intel Architecture Day”” on June 13, 2017, also Fool.com with their article: “Report: Intel Corporation’s 10-Nanometer Cannon Lake Could Come in the Second …” published on June 16, 2017, Fool.com published: “Intel Corporation CEO Talks 10-Nano, 7-Nano Manufacturing Tech” on June 08, 2017. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Fool.com and their article: “Don’t Read Too Much Into Intel Corporation’s Data Center Group Leadership Change” published on June 14, 2017 as well as Fool.com‘s news article titled: “What’s Next for Intel Corporation’s High-End Desktop Product Line?” with publication date: June 14, 2017.

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