Parametric Portfolio Associates LLC Has Increased Its Intel Corp (INTC) Stake by $5.90 Million as Market Value Declined

February 15, 2018 - By Kurt Siggers

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. Janney Montgomery Scott Lc invested in 1.28M shares. Meridian Counsel Incorporated holds 92,338 shares. Westwood Hldgs Grp Incorporated owns 147,699 shares or 0.04% of their US portfolio. State Farm Mutual Automobile Insurance accumulated 24.97 million shares or 1.27% of the stock. Wealthfront stated it has 0.06% in Intel Corporation (NASDAQ:INTC). Axa owns 4.08M shares or 0.67% of their US portfolio. Girard Ltd accumulated 199,298 shares. Colony Group Inc Ltd Llc holds 0.07% or 26,788 shares in its portfolio. Plancorp Ltd Llc holds 6,235 shares. Regent Invest Management Lc owns 34,163 shares or 0.44% of their US portfolio. Swarthmore Grp has invested 0.09% in Intel Corporation (NASDAQ:INTC). Nicholas Invest Prtnrs Lp invested in 99,741 shares or 0.26% of the stock. Ensemble Management Limited Liability Co accumulated 0.13% or 16,194 shares. Northeast Inv Mgmt reported 69,855 shares. Strategy Asset Managers Ltd Limited Liability Company has 0.09% invested in Intel Corporation (NASDAQ:INTC) for 11,664 shares.

Since October 2, 2017, it had 0 insider buys, and 16 sales for $30.87 million activity. $267,663 worth of stock was sold by Krzanich Brian M on Tuesday, January 23. 1,311 Intel Corporation (NASDAQ:INTC) shares with value of $61,774 were sold by Shenoy Navin. RENDUCHINTALA VENKATA S M also sold $880,540 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, January 31. The insider YOFFIE DAVID B sold $1.35 million. Another trade for 472,337 shares valued at $20.89 million was made by Smith Stacy J on Monday, October 30. BRYANT ANDY D also sold $3.99M worth of Intel Corporation (NASDAQ:INTC) on Monday, October 30.

Parametric Portfolio Associates Llc increased its stake in Intel Corp (INTC) by 1.12% based on its latest 2017Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 155,292 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 14.06 million shares of the semiconductors company at the end of 2017Q3, valued at $535.50 million, up from 13.91M at the end of the previous reported quarter. Parametric Portfolio Associates Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $213.27 billion market cap company. The stock increased 0.42% or $0.19 during the last trading session, reaching $45.57. About 12.32 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since February 15, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Parametric Portfolio Associates Llc, which manages about $89.70B US Long portfolio, decreased its stake in Compania De Minas Buenaventu Sponsored Adr (NYSE:BVN) by 1.49 million shares to 124,748 shares, valued at $1.60M in 2017Q3, according to the filing. It also reduced its holding in United Continental Holdings In (NYSE:UAL) by 117,909 shares in the quarter, leaving it with 1.03M shares, and cut its stake in Hill (NYSE:HRC).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Investorplace.com which released: “Intel Corporation Stock Is a Strong Investment, But Make Sure to Buckle Up!” on February 13, 2018, also Usnews.com with their article: “Intel Needs to Reassure Nervous Investors” published on January 24, 2018, Seekingalpha.com published: “Intel’s Secret Industrial-Scale Data Center Architecture” on February 02, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel And Micron: Moore’s Law In 3 Dimensions” published on February 14, 2018 as well as Seekingalpha.com‘s news article titled: “Intel Could Become Micron Technology’s Biggest Competitor” with publication date: February 07, 2018.

Intel Corporation (NASDAQ:INTC) Ratings Coverage

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 5 Sell and 13 Hold. Therefore 67% are positive. Intel Corporation had 222 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Intel Corporation (NASDAQ:INTC) has “Underweight” rating given on Thursday, July 21 by Morgan Stanley. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Friday, January 26 by Needham. Jefferies maintained the shares of INTC in report on Wednesday, July 5 with “Hold” rating. The company was downgraded on Wednesday, June 21 by Bank of America. Bernstein upgraded the shares of INTC in report on Wednesday, September 23 to “Mkt Perform” rating. On Friday, April 1 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Intel Corporation (NASDAQ:INTC) earned “Neutral” rating by Tigress Financial on Monday, October 26. On Tuesday, October 18 the stock rating was upgraded by Barclays Capital to “Overweight”. The stock of Intel Corporation (NASDAQ:INTC) has “Neutral” rating given on Wednesday, October 14 by Macquarie Research. The firm has “Sector Perform” rating given on Friday, July 8 by RBC Capital Markets.

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