As Intel Corp (INTC) Shares Rose, Shareholder California Public Employees Retirement System Decreased by $5.92 Million Its Stake

April 17, 2018 - By Patrick Harkless

Intel Corporation (NASDAQ:INTC) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 1.02. That’s change of 0.01, from 2017Q3’s 1.03. 60 investors sold all, 703 reduced holdings as INTC ratio is negative. 601 rose holdings while 177 funds took holdings. Funds hold 3.06 billion shares thus 0.43% more from 2017Q3’s 3.05 billion shares. Mirador Capital Partners Limited Partnership owns 84,424 shs. 27,633 were accumulated by Toth Advisory. Burt Wealth holds 5,147 shs. Bernzott Capital Advsrs accumulated 155,034 shs or 0.95% of the stock. Busey Tru Communication invested in 254,287 shs or 1.5% of the stock. Invest Advsr Ltd Liability invested in 0.95% or 313,885 shs. Horan Cap Advisors Ltd Limited Liability Company reported 2.11% stake. Parsec Financial Mngmt has 2% invested in Intel Corporation (NASDAQ:INTC). Fukoku Mutual Life Insur holds 1.88% or 270,020 shs. Moreover, Sandy Spring Bancshares has 0.99% invested in Intel Corporation (NASDAQ:INTC). Banced stated it has 2.78% of its capital in Intel Corporation (NASDAQ:INTC). David R Rahn & Assoc Inc, a California-based fund reported 33,121 shs. Semper Augustus Invests Gp Limited Liability Com owns 21,550 shs for 0.75% of their capital. Loudon Inv Mgmt Ltd Liability Corporation holds 4.65% of its capital in Intel Corporation (NASDAQ:INTC) for 133,063 shs. Stellar Cap Mgmt Limited Liability Corp has 134,852 shs for 4.13% of their capital.

INTC registered $32.56 million net activity with 0 insider purchases and 18 insider sales since October 23, 2017. RENDUCHINTALA VENKATA S M sold $66,959 worth of stock. The insider BRYANT ANDY D sold $3.99M. Shares for $25,360 were sold by Bryant Diane M. $61,774 worth of Intel Corporation (NASDAQ:INTC) shs were sold by Shenoy Navin. Krzanich Brian M also sold $267,663 worth of Intel Corporation (NASDAQ:INTC) shs. $20.89 million worth of Intel Corporation (NASDAQ:INTC) shs were sold by Smith Stacy J.

In 2017Q4 SEC form is reported California Public Employees Retirement System’s stake in Intel Corp (INTC) which was reduced by 1.06%. The company’s stock rose 9.61% while stock markets declined as California Public Employees Retirement System sold 128,690 shares. The institutional investor is holding 12.06 million shares, compared to the 12.19 million from the previous quarter. And the reported value of the semiconductors company is $556.77M for the 2017Q4. $250.24B is Intel Corp’s market cap. On during the last trading session the stock increased $1.09 or 2.08%, reaching $53.49.Intel Corporation has volume of 3.23 million shares. Since April 17, 2017 INTC has risen 44.65% and is uptrending. INTC outperformed by 33.10% the S&P500.

California Public Employees Retirement System manages about $73.97B US Long portfolio. Its stake in Kansas City Southern (NYSE:KSU) was upped by 41,850 shares to 277,527 shares valued at $29.20 million in 2017Q4, according to the filing. California Public Employees Retirement System has risen its stake in Becton Dickinson And Co (NYSE:BDX) and also increased its holding in Tesaro Inc (NASDAQ:TSRO) by 41,813 shares in the quarter, for a total of 98,744 shares.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on April, 26. They expect $0.71 EPS, up 7.58 % or $0.05 from last year’s $0.66 per share. INTC’s profit will be $3.32 billion for 18.83 P/E if the $0.71 EPS becomes a reality. After $1.08 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -34.26 % negative EPS growth.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

In total 33 analysts cover Intel Corp (NASDAQ:INTC). “Buy” rating has 21, “Sell” are 3, while 9 are “Hold”. 64% are bullish. 59 are the (NASDAQ:INTC)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. On Friday, October 27 the stock has “Hold” rating by Canaccord Genuity. On Friday, October 27 the firm has “Buy” rating by Needham given. On Tuesday, April 3 Evercore maintained Intel Corporation (NASDAQ:INTC) with “Buy” rating. On Friday, January 26 the firm has “Hold” rating given by RBC Capital Markets. On Friday, January 26 the company was maintained by Needham. On Friday, January 26 Jefferies maintained Intel Corporation (NASDAQ:INTC) with “Sell” rating. On Thursday, April 5 the firm earned “Buy” rating by Tigress Financial. The company rating was maintained by Stifel Nicolaus on Thursday, January 25. On Friday, January 26 the stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given by Deutsche Bank. On Friday, October 27 the stock has “Buy” rating by Loop Capital Markets.

Intel Corporation (NASDAQ:INTC) Institutional Investors Chart

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