Intel Corporation (NASDAQ:INTC) is getting out of Lustre parallel file system

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Albion Financial Group UT increased its position in shares of Intel by 237.5% in the third quarter. Morgan Stanley raised Intel from an "underweight" rating to an "equal weight" rating and set a $38.00 price objective on the stock in a report on Friday, January 27th. The fund owned 63,476 shares of the chip maker's stock after buying an additional 478 shares during the period.

A number of other large investors have also recently added to or reduced their stakes in the company.

Intel Corporation (NASDAQ:INTC) was up +0.39% ($0.14) to $36.32 and showed a volume of 20.37 mln shares. Tigress Financial reissued a "neutral" rating on shares of Intel in a research report on Tuesday, January 24th. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock now has a consensus rating of "Hold" and a consensus target price of $40.45.

Intel Corporation (INTC), a part of Technology sector and belongs to Semiconductor - Broad Line industry; ended its day with gain 0.80% and finalized at the price of $35.76. Currently, 1.9% of the company's shares are sold short.

The stock's price switched up 1.55% 20-Days Simple Moving Average, added 1.49% from 50-Days Simple Moving Average and rose 2.29% from 200 Days Simple Moving Average.

Intel Co. has a one year low of $29.50 and a one year high of $38.45.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, January 26th. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Now the P/E of Intel Corporation stands at 17.16. During the same period past year, the business earned $0.74 EPS. The company's quarterly revenue was up 10.1% compared to the same quarter past year. The performance for Year to Date (YTD) is 17.52%.Analysts mean Recommendation on a stock is noted at 2.20.

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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Sunday, May 7th will be given a dividend of $0.2725 per share. Intel Corporation (NASDAQ:INTC) for the trailing twelve months paying dividend with the payout ratio of 47.74% to its shareholders. The ex-dividend date of this dividend is Wednesday, May 3rd. Intel's dividend payout ratio (DPR) is now 49.29%. The shares have slowed down in recent weeks, with their price down about -0.98% in the past three months.

In other Intel news, EVP Diane M. Bryant sold 680 shares of the company's stock in a transaction dated Monday, January 30th. The stock was sold at an average price of $35.21, for a total value of $2,541,176.12. Following the sale, the executive vice president now owns 106,566 shares of the company's stock, valued at $4,005,815.94. The disclosure for this sale can be found here. The stock is above its 52-week low with 24.46% and is in the wake of its 52-week high with -5.94%. Farmers Trust Co. now owns 58,479 shares of the chip maker's stock worth $2,208,000 after buying an additional 550 shares in the last quarter. Finally, Jolley Asset Management LLC boosted its stake in shares of Intel by 2.2% in the third quarter. During its last trading session, Stock traded with the total exchanged volume of 12.31 million shares. Finally, Prudential PLC increased its position in shares of Intel by 15.4% in the fourth quarter.

Perigon Wealth Management LLC boosted its position in Intel Co. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. American National Bank raised its position in Intel by 98.9% in the third quarter.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Intel Corporation the EPS stands at 0.79 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.75, suggesting the stock exceeded the analysts' expectations.

Intel Corporation designs, manufactures, and sells computer, networking, and communications platforms worldwide.

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