Portfolio Management
Intel Corporation (INTC) released its fourth quarter financial results after the closing bell on Thursday. Here’s what the results mean for mutual fund investors.
Inside Intel’s Earnings
Earnings
The company reported earnings of $3.7 billion, or 74 cents per share, up from $2.6 billion, or 51 cents per share, a year ago. On average, analysts expected to see earnings of 66 cents per share.
Revenue
Revenue came in at $14.7 billion, up from $13.8 billion last year. Analysts expected to revenue of $14.7 billion.
Shares May Be in for a Rest Period
Over the last 12 months, shares of Intel have increased nearly 40%. However, the company may not be able to continue this run, as guidance from management during the earnings call was a bit conservative.
Intel does offer a decent dividend yield of about 2.5% and has raised its dividend payout 42% in the last four years. Fund managers and investors may be interested in Intel on a pullback.
Mutual Funds to Watch
Investors interested in Intel may be interested in the funds listed below. These funds currently have the largest stakes in the company.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| VTSMX | Vanguard Total Stock Market | 1.75% |
| VFINX | Vanguard 500 Index | 1.10% |
| VWNFX | Vanguard Windsor | 1.08% |
The Bottom Line
The funds listed above allow investors to gain exposure to Intel while remaining diversified. Investors interested in Intel may also be interested in Microsoft (MSFT) and Oracle (ORCL).
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