As Intel Corp (INTC) Stock Value Declined, Aviance Capital Management LLC Trimmed Its Stake

January 20, 2018 - By Henry Gaston

Investors sentiment is 1.03 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported. Pacific Glob Mgmt accumulated 1.06% or 123,290 shares. Birmingham Capital Al holds 2.64% or 174,306 shares. Menora Mivtachim owns 1.85M shares. 173,808 are owned by Coldstream Management. Arete Wealth Advisors Llc holds 0.25% of its portfolio in Intel Corporation (NASDAQ:INTC) for 16,664 shares. Millennium Mgmt Ltd has 0.01% invested in Intel Corporation (NASDAQ:INTC). Virginia-based Godsey & Gibb Assocs has invested 2.48% in Intel Corporation (NASDAQ:INTC). Karp Capital Mngmt has 21,487 shares for 0.38% of their portfolio. Icon Advisers holds 0.11% of its portfolio in Intel Corporation (NASDAQ:INTC) for 41,000 shares. Ntv Asset Mngmt Ltd Liability Corporation has invested 0.34% in Intel Corporation (NASDAQ:INTC). Tiedemann Wealth Mgmt Llc reported 0.37% stake. 27,683 were accumulated by Oak Ridge Invests Limited Company. Profit Investment Management Limited Liability Corp invested in 11,200 shares. Bollard Gp Lc invested 0.04% of its portfolio in Intel Corporation (NASDAQ:INTC). Citigroup, a New York-based fund reported 3.35M shares.

Since July 31, 2017, it had 0 insider buys, and 10 insider sales for $31.43 million activity. The insider Bryant Diane M sold 570 shares worth $25,360. BRYANT ANDY D sold 89,087 shares worth $3.99 million. The insider Smith Stacy J sold 472,337 shares worth $20.89 million. YOFFIE DAVID B sold 30,000 shares worth $1.35M. The insider Krzanich Brian M sold 61,860 shares worth $2.40M.

Aviance Capital Management Llc decreased its stake in Intel Corp (INTC) by 96.36% based on its latest 2017Q3 regulatory filing with the SEC. Aviance Capital Management Llc sold 178,313 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 6,734 shares of the semiconductors company at the end of 2017Q3, valued at $256,000, down from 185,047 at the end of the previous reported quarter. Aviance Capital Management Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $209.76B market cap company. The stock increased 0.76% or $0.34 during the last trading session, reaching $44.82. About 25.78 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since January 20, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Aviance Capital Management Llc, which manages about $2.20 billion and $1.45 billion US Long portfolio, upped its stake in Crown Castle International Corp (NYSE:CCI) by 40,518 shares to 115,606 shares, valued at $11.56M in 2017Q3, according to the filing. It also increased its holding in First Trust Tactical High Yield Etf (HYLS) by 83,384 shares in the quarter, for a total of 1.99 million shares, and has risen its stake in Royal Dutch Shell Plc.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on January, 25. They expect $0.86 earnings per share, up 8.86 % or $0.07 from last year’s $0.79 per share. INTC’s profit will be $4.02 billion for 13.03 P/E if the $0.86 EPS becomes a reality. After $1.01 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts -14.85 % negative EPS growth.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel: Apocalypse… Not” on January 12, 2018, also Seekingalpha.com with their article: “Intel patch problem extends to newer chips” published on January 18, 2018, Seekingalpha.com published: “Intel: Stop Listening To Drivel, Find The Source” on January 08, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Usnews.com and their article: “Security Questions Makes Intel Stock Vulnerable” published on January 05, 2018 as well as Investorplace.com‘s news article titled: “The Spectre of Security Flaws Won’t Meltdown Intel Corporation Stock” with publication date: January 19, 2018.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 15 Hold. Therefore 63% are positive. Intel Corporation has $60.0 highest and $25 lowest target. $41.62’s average target is -7.14% below currents $44.82 stock price. Intel Corporation had 207 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating by Canaccord Genuity given on Monday, July 10. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, October 19. The firm earned “Buy” rating on Thursday, July 21 by Jefferies. As per Wednesday, October 19, the company rating was maintained by B. Riley & Co. As per Tuesday, August 2, the company rating was maintained by Nomura. On Friday, January 15 the stock rating was maintained by TH Capital with “Buy”. The stock has “Hold” rating by SunTrust on Wednesday, October 11. Canaccord Genuity maintained Intel Corporation (NASDAQ:INTC) rating on Thursday, July 21. Canaccord Genuity has “Buy” rating and $40 target. The company was initiated on Tuesday, September 20 by Susquehanna. On Wednesday, December 9 the stock rating was upgraded by Nomura to “Buy”.

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