Hawkins Capital LP Has Trimmed Intel (INTC) Holding; Automatic Data Processing Has 0.77 Sentiment

December 6, 2017 - By Ellis Scott

Hawkins Capital Lp decreased Intel Corp (INTC) stake by 8.17% reported in 2017Q2 SEC filing. Hawkins Capital Lp sold 33,450 shares as Intel Corp (INTC)’s stock declined 2.96%. The Hawkins Capital Lp holds

376,106 shares with $12.69 million value, down from 409,556 last quarter. Intel Corp now has $203.88B valuation. The stock increased 0.29% or $0.125 during the last trading session, reaching $43.565. About 13.69M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since December 6, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $51.43 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 29.41 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 33 have Buy rating, 5 Sell and 16 Hold. Therefore 61% are positive. Intel Corporation had 199 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Intel Corporation (NASDAQ:INTC) has “Market Perform” rating given on Wednesday, April 20 by Northland Capital. The company was initiated on Tuesday, December 13 by Loop Capital. The stock has “Mkt Perform” rating by FBR Capital on Thursday, October 22. The rating was downgraded by Canaccord Genuity on Friday, February 10 to “Hold”. The firm has “Buy” rating by Roth Capital given on Thursday, September 1. On Friday, July 28 the stock rating was maintained by Northland Capital with “Hold”. The rating was maintained by Brean Capital with “Buy” on Wednesday, October 19. The rating was downgraded by BNP Paribas to “Neutral” on Monday, April 4. Pacific Crest maintained it with “Overweight” rating and $38 target in Thursday, July 21 report. Mizuho upgraded the shares of INTC in report on Tuesday, January 12 to “Buy” rating.

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 12.66 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.

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.02, from 1.01 in 2017Q1. It is positive, as 78 investors sold INTC shares while 649 reduced holdings. 97 funds opened positions while 651 raised stakes. 3.05 billion shares or 0.13% less from 3.05 billion shares in 2017Q1 were reported. Country Trust Bancshares accumulated 583 shares. Connor Clark Lunn Mgmt Limited reported 0.37% of its portfolio in Intel Corporation (NASDAQ:INTC). Moreover, Kinsight Lc has 0.12% invested in Intel Corporation (NASDAQ:INTC) for 6,512 shares. Private Ocean Limited Company owns 581 shares for 0.01% of their portfolio. Park Avenue Ltd Liability stated it has 10,225 shares or 0.04% of all its holdings. Baker Boyer National Bank, Washington-based fund reported 9,856 shares. The Tennessee-based First Mercantile has invested 0.1% in Intel Corporation (NASDAQ:INTC). Koshinski Asset Mgmt Inc holds 0% of its portfolio in Intel Corporation (NASDAQ:INTC) for 27,797 shares. Haverford reported 0.59% in Intel Corporation (NASDAQ:INTC). Epoch Inv invested 0.43% in Intel Corporation (NASDAQ:INTC). Massachusetts Fincl Serv Ma owns 0.08% invested in Intel Corporation (NASDAQ:INTC) for 5.37M shares. Delta Asset Mgmt Limited Tn invested in 28,726 shares. Greatmark Investment Prns has 3.57% invested in Intel Corporation (NASDAQ:INTC) for 264,312 shares. Lincoln Ltd Llc has invested 0.13% of its portfolio in Intel Corporation (NASDAQ:INTC). Moreover, Univest Of Pennsylvania has 0.2% invested in Intel Corporation (NASDAQ:INTC) for 14,207 shares.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect $0.89 EPS, up 2.30% or $0.02 from last year’s $0.87 per share. ADP’s profit will be $394.71 million for 32.57 P/E if the $0.89 EPS becomes a reality. After $0.91 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.

Ratings analysis reveals 50% of Automatic Data’s analysts are positive. Out of 4 Wall Street analysts rating Automatic Data, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $11.0 while the high is $115.0. The stock’s average target of $77 is -33.60% below today’s ($115.96) share price. ADP was included in 4 notes of analysts from September 9, 2016. The firm has “Overweight” rating given on Tuesday, December 20 by Barclays Capital. The firm earned “Buy” rating on Friday, December 16 by Goldman Sachs. Wedbush initiated Automatic Data Processing, Inc. (NASDAQ:ADP) on Friday, September 9 with “Neutral” rating. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Monday, January 30. Stifel Nicolaus has “Hold” rating and $105.0 target.

Cincinnati Indemnity Co holds 19.9% of its portfolio in Automatic Data Processing, Inc. for 48,100 shares. Cedar Rock Capital Ltd owns 3.99 million shares or 9.77% of their US portfolio. Moreover, Capital Counsel Llc Ny has 9.62% invested in the company for 1.03 million shares. The Ohio-based Cincinnati Casualty Co has invested 6.56% in the stock. Zevin Asset Management Llc, a Massachusetts-based fund reported 239,921 shares.


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