Bonness Enterprises Inc. continued to hold its stake in Intel Co. (NASDAQ:INTC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The hedge fund owned 96,660 shares of the chip maker’s stock at the end of the fourth quarter. Intel accounts for approximately 3.0% of Bonness Enterprises Inc.’s portfolio, making the stock its 9th largest position. Bonness Enterprises Inc.’s holdings in Intel were worth $3,330,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in INTC. Lowe FS bought a new stake in Intel during the third quarter valued at about $12,000. Proficio Capital Partners bought a new stake in Intel during the fourth quarter valued at about $26,000. Taylor Wealth Management Partners boosted its stake in Intel by 16.0% in the fourth quarter. Taylor Wealth Management Partners now owns 1,160 shares of the chip maker’s stock valued at $40,000 after buying an additional 160 shares in the last quarter. Simplex Trading boosted its stake in Intel by 60.0% in the fourth quarter. Simplex Trading now owns 1,616 shares of the chip maker’s stock valued at $854,000 after buying an additional 606 shares in the last quarter. Finally, Merriman Wealth Management bought a new stake in Intel during the fourth quarter valued at about $201,000.

Shares of Intel Co. (NASDAQ:INTC) opened at 29.81 on Thursday. The company has a market cap of $140.76 billion and a PE ratio of 12.79. The company has a 50 day moving average price of $32.97 and a 200 day moving average price of $31.43. Intel Co. has a 52 week low of $24.87 and a 52 week high of $35.59.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, January 14th. The chip maker reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.11. The firm earned $14.90 billion during the quarter, compared to the consensus estimate of $14.80 billion. During the same quarter in the prior year, the business earned $0.74 EPS. Intel’s revenue was up 1.3% on a year-over-year basis. On average, equities analysts expect that Intel Co. will post $2.44 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 1st. Investors of record on Sunday, February 7th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend is Wednesday, February 3rd. This is a boost from Intel’s previous quarterly dividend of $0.24.

INTC has been the topic of several research analyst reports. Wedbush raised their target price on shares of Intel from $36.00 to $39.00 in a research report on Wednesday, October 21st. Canaccord Genuity reissued a “buy” rating and issued a $39.00 target price on shares of Intel in a research report on Friday, October 2nd. Piper Jaffray reissued a “buy” rating and issued a $37.00 target price on shares of Intel in a research report on Friday, October 9th. Wells Fargo reissued a “buy” rating on shares of Intel in a research report on Thursday, October 8th. Finally, Summit Research raised shares of Intel from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Monday, October 12th. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $36.57.

In other Intel news, VP William M. Holt sold 40,323 shares of the stock in a transaction dated Monday, January 25th. The stock was sold at an average price of $30.00, for a total value of $1,209,690.00. Following the transaction, the vice president now owns 65,524 shares of the company’s stock, valued at $1,965,720. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian M. Krzanich sold 35,000 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $34.03, for a total value of $1,191,050.00. Following the completion of the transaction, the chief executive officer now directly owns 357,426 shares in the company, valued at approximately $12,163,206.78. The disclosure for this sale can be found here.

Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company sells these platforms to original equipment manufacturers (NASDAQ:INTC), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries. The Company’s platforms are used to deliver a range of computing experiences in notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, and the Internet of Things. It also develops and sells software and services focused on security and technology integration. The Company’s operating segments include the PC Client Group (PCCG), the Data Center Group (DCG), the Internet of Things Group (IOTG), the Mobile and Communications Group (MCG), the software and services (SSG) and all other. SSG segment includes McAfee and software and services group. All Other segment includes Non-Volatile Memory Solutions Group, Netbook Group and New Devices Group.

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