Intel Corporation (NASDAQ:INTC) is expected to pay $0.26 on Dec 1, 2016. The indicated annual dividend is $1.04. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Intel Corporation’s current price of $34.52, the dividend is 0.75%. This dividend’s record date is Nov 7, 2016 and the announcement date is Sep 16, 2016. The stock decreased 1.00% or $0.35 during the last trading session, hitting $34.52. About 211 shares traded hands. Intel Corporation (NASDAQ:INTC) has risen 6.71% since March 31, 2016 and is uptrending. It has outperformed by 4.18% the S&P500.
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The company has a market cap of $163.93 billion. The Company’s divisions include Client Computing Group , Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. It has a 16.23 P/E ratio. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components.
Insitutional Activity: The institutional sentiment decreased to 1.01 in 2016 Q2. Its down 0.06, from 1.07 in 2016Q1. The ratio dived, as 66 funds sold all Intel Corporation shares owned while 650 reduced positions. 89 funds bought stakes while 637 increased positions. They now own 2.94 billion shares or 2.38% less from 3.01 billion shares in 2016Q1.
Cornerstone holds 0.18% of its portfolio in Intel Corporation (NASDAQ:INTC) for 24,522 shares. Bonness Enterprises holds 96,660 shares or 2.66% of its portfolio. The Illinois-based Goodwin Daniel L has invested 0.08% in Intel Corporation (NASDAQ:INTC). Invesco reported 62.86 million shares or 0.76% of all its holdings. North Star Inv Mgmt has 0.65% invested in the company for 107,431 shares. University Of Texas Investment Managment Co reported 4,919 shares or 0.47% of all its holdings. Montag A Associates last reported 0.04% of its portfolio in the stock. Oak Ridge Lc accumulated 0.28% or 329,803 shares. Marketfield Asset Management Limited accumulated 398,908 shares or 0.57% of the stock. The Alabama-based Spero has invested 2.69% in Intel Corporation (NASDAQ:INTC). The New York-based Richard Bernstein Advisors Ltd has invested 0.61% in Intel Corporation (NASDAQ:INTC). Cna Fincl Corp owns 49,075 shares or 0.4% of their US portfolio. Peak Asset Mngmt Ltd Co has 9,487 shares for 0.14% of their US portfolio. Lourd Ltd Liability Corporation last reported 0.08% of its portfolio in the stock. Terril Brothers reported 617,300 shares or 8.96% of all its holdings.
Insider Transactions: Since May 23, 2016, the stock had 0 insider buys, and 13 insider sales for $37.13 million net activity. Another trade for 29,497 shares valued at $1.04 million was made by Smith Stacy J on Thursday, October 20. On Monday, July 25 PEARSON GREGORY R sold $197,410 worth of the stock or 5,662 shares. Krzanich Brian M sold $2.17M worth of stock. BRYANT ANDY D also sold $861,971 worth of Intel Corporation (NASDAQ:INTC) on Thursday, October 20. 13,997 shares were sold by RENDUCHINTALA VENKATA S M, worth $485,841 on Thursday, July 28.
Intel Corporation (NASDAQ:INTC) Ratings Coverage
Out of 44 analysts covering Intel Corporation (NASDAQ:INTC), 29 rate it a “Buy”, 2 “Sell”, while 13 “Hold”. This means 66% are positive. Intel Corporation has been the topic of 127 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Intel Corporation (NASDAQ:INTC) has “Underperform” rating given on Monday, September 19 by CLSA. RBC Capital Markets maintained the shares of INTC in a report on Friday, January 15 with “Sector Perform” rating. The stock has “Overweight” rating given by Pacific Crest on Thursday, July 21. The rating was initiated by Suntrust Robinson on Thursday, January 14 with “Neutral”. As per Thursday, July 21, the company rating was maintained by Brean Capital. Brean Capital initiated Intel Corporation (NASDAQ:INTC) rating on Thursday, April 7. Brean Capital has “Buy” rating and $36 price target. The firm has “Buy” rating by UBS given on Friday, October 30. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, January 18. The firm has “Buy” rating given on Monday, September 19 by Mizuho. The firm has “Buy” rating given on Friday, January 15 by Topeka Capital Markets.
More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Fool.com which released: “3 Ways Intel Corporation Has Changed in 3 Years” on November 01, 2016, also Fool.com with their article: “3 Possible Reasons for Intel Corporation’s Increased Data-Center Spending” published on November 01, 2016, Fool.com published: “Intel Corporation Needs to Deliver a Revolution With Icelake” on October 31, 2016. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Fool.com and their article: “Intel Corporation’s Internet of Things Business Delivers Strong Growth” published on October 30, 2016 as well as Fool.com‘s news article titled: “Intel Corporation Misses an Opportunity With Kaby Lake” with publication date: October 28, 2016.
INTC Company Profile
Intel Corporation, incorporated on March 1, 1989, is engaged in the design and manufacture of digital technology platforms. The Firm sells these platforms to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s divisions include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. The Company’s All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. The Company’s platforms are used to deliver a range of computing experiences in notebooks (including Ultrabook devices), 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things (including wearables, transportation systems and retail devices). It also develops and sells software and services focused on security and technology integration.
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