First Financial Bank – Trust Division Boosted Intel (INTC) Holding By $4.30 Million; 8 Analysts Covering Horizon Bancorp (HBNC)

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First Financial Bank – Trust Division increased Intel (INTC) stake by 95.95% reported in 2017Q4 SEC filing. First Financial Bank – Trust Division acquired 93,501 shares as Intel (INTC)’s stock rose 9.61%. The First Financial Bank – Trust Division holds 190,948 shares with $8.82 million value, up from 97,447 last quarter. Intel now has $245.96 billion valuation. The stock increased 1.54% or $0.8 during the last trading session, reaching $52.78. About 21.56M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 6, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Among 10 analysts covering Horizon Bancorp (NASDAQ:HBNC), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Horizon Bancorp has $35.0 highest and $28 lowest target. $31.50’s average target is 6.31% above currents $29.63 stock price. Horizon Bancorp had 22 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Bruyette & Woods” given on Friday, August 7. The stock of Horizon Bancorp (NASDAQ:HBNC) has “Sell” rating given on Thursday, September 3 by Zacks. The company was downgraded on Thursday, January 7 by Sandler O’Neill. The rating was upgraded by FIG Partners on Monday, March 14 to “Outperform”. The stock of Horizon Bancorp (NASDAQ:HBNC) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Piper Jaffray maintained Horizon Bancorp (NASDAQ:HBNC) rating on Sunday, January 28. Piper Jaffray has “Buy” rating and $35.0 target. The stock has “Overweight” rating by Stephens on Friday, October 2. The company was maintained on Wednesday, January 3 by Sandler O’Neill. The firm earned “Overweight” rating on Thursday, October 6 by PiperJaffray. Keefe Bruyette & Woods maintained Horizon Bancorp (NASDAQ:HBNC) on Thursday, August 24 with “Buy” rating. See Horizon Bancorp (NASDAQ:HBNC) latest ratings:

26/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $35.0 Maintain
28/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $35.0 Maintain
25/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $34.0 Maintain
25/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $31.0 Maintain
03/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $29.5 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $33.0 Maintain

Since January 22, 2018, it had 0 buys, and 18 selling transactions for $6.85 million activity. Shenoy Navin sold $98,336 worth of stock or 2,155 shares. 17,946 shares valued at $880,540 were sold by RENDUCHINTALA VENKATA S M on Wednesday, January 31. Krzanich Brian M sold $267,663 worth of stock or 5,873 shares. McBride Kevin Thomas sold $31,943 worth of stock or 686 shares.

First Financial Bank – Trust Division decreased Visa Inc Cl A (NYSE:V) stake by 13,044 shares to 69,985 valued at $7.98M in 2017Q4. It also reduced Conocophillips (NYSE:COP) stake by 7,074 shares and now owns 10,459 shares. Newell Brands (NYSE:NWL) was reduced too.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel: The Epyc Struggle Continues” on May 01, 2018, also Seekingalpha.com with their article: “Intel: The 15-Plus Year Breakout – Part 2” published on April 28, 2018, Nasdaq.com published: “Why Intel Corporation Failed to Crack These 3 Markets” on May 04, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Why Intel Corp. Won’t Begin Mass Production of 10-Nano Chips Until Later in 2019” published on May 05, 2018 as well as Fool.com‘s news article titled: “Intel Corp. Is Optimistic About Its 7-Nanometer Technology” with publication date: May 04, 2018.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It worsened, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Viking Fund Llc accumulated 24,000 shares. Lafayette has invested 0.2% in Intel Corporation (NASDAQ:INTC). Deutsche Bancorporation Ag invested in 21.38 million shares or 0.63% of the stock. Ensemble Cap Management Ltd owns 15,124 shares. Bradley Foster & Sargent Incorporated Ct has 111,144 shares for 0.19% of their portfolio. Mathes invested in 34,077 shares. Nj State Employees Deferred Compensation Plan reported 0.88% stake. Mountain Pacific Investment Advisers Id holds 0.12% or 25,052 shares in its portfolio. Moreover, Honeywell Int has 0.88% invested in Intel Corporation (NASDAQ:INTC) for 576,000 shares. Robecosam Ag accumulated 157,105 shares. Insight 2811 invested in 11,718 shares. Gfs Advisors holds 121,956 shares or 1.22% of its portfolio. Berson Corrado Investment Advisors Limited Liability Company reported 22,760 shares. Bb&T Secs Limited Co has 0.86% invested in Intel Corporation (NASDAQ:INTC). Community Fin Ltd Liability Corporation owns 1.08% invested in Intel Corporation (NASDAQ:INTC) for 60,554 shares.

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation has $70 highest and $25 lowest target. $49.30’s average target is -6.59% below currents $52.78 stock price. Intel Corporation had 262 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse maintained Intel Corporation (NASDAQ:INTC) rating on Friday, October 27. Credit Suisse has “Hold” rating and $42.0 target. The rating was reinitiated by RBC Capital Markets on Friday, August 28 with “Sector Perform”. Nomura maintained Intel Corporation (NASDAQ:INTC) rating on Monday, February 26. Nomura has “Buy” rating and $60.0 target. The stock of Intel Corporation (NASDAQ:INTC) has “Underperform” rating given on Monday, March 21 by Bernstein. Robert W. Baird maintained the stock with “Buy” rating in Thursday, January 25 report. Topeka Capital Markets maintained Intel Corporation (NASDAQ:INTC) rating on Friday, November 20. Topeka Capital Markets has “Buy” rating and $38 target. The firm earned “Hold” rating on Monday, June 5 by RBC Capital Markets. Citigroup maintained Intel Corporation (NASDAQ:INTC) rating on Friday, August 21. Citigroup has “Neutral” rating and $32 target. The company was maintained on Wednesday, July 12 by RBC Capital Markets. DZ Bank downgraded Intel Corporation (NASDAQ:INTC) on Wednesday, March 28 to “Hold” rating.

Another recent and important Horizon Bancorp (NASDAQ:HBNC) news was published by Globenewswire.com which published an article titled: “Horizon Bancorp Announces Record Quarterly Earnings” on April 25, 2018.

Investors sentiment increased to 1.83 in 2017 Q4. Its up 0.13, from 1.7 in 2017Q3. It improved, as 6 investors sold Horizon Bancorp shares while 24 reduced holdings. 15 funds opened positions while 40 raised stakes. 12.17 million shares or 8.67% more from 11.20 million shares in 2017Q3 were reported. Stifel Fincl Corporation holds 44,691 shares. The New York-based Renaissance Technology Ltd Liability Corp has invested 0.01% in Horizon Bancorp (NASDAQ:HBNC). Northern invested in 261,330 shares or 0% of the stock. Cornerstone Ltd holds 0.01% of its portfolio in Horizon Bancorp (NASDAQ:HBNC) for 41,177 shares. Advisory holds 767,690 shares. Parallax Volatility Advisers Lp holds 0% in Horizon Bancorp (NASDAQ:HBNC) or 3,528 shares. 23,921 were accumulated by Credit Suisse Ag. Moreover, Bancorp Of Ny Mellon Corporation has 0% invested in Horizon Bancorp (NASDAQ:HBNC). Thrivent Fincl For Lutherans stated it has 0.01% in Horizon Bancorp (NASDAQ:HBNC). Tiaa Cref Invest Mngmt Ltd Liability Com invested 0% of its portfolio in Horizon Bancorp (NASDAQ:HBNC). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 2,028 shares or 0% of all its holdings. Schwab Charles Inv Mgmt has 104,871 shares for 0% of their portfolio. Thomson Horstmann Bryant holds 0.17% or 46,847 shares. Rothschild Asset Incorporated has invested 0.03% of its portfolio in Horizon Bancorp (NASDAQ:HBNC). Moreover, Millennium Mgmt Ltd Liability Co has 0% invested in Horizon Bancorp (NASDAQ:HBNC) for 25,632 shares.

Since December 13, 2017, it had 0 buys, and 2 sales for $497,900 activity. The insider Kuhn Dennis sold 7,500 shares worth $225,000. Thompson Michele M. sold $272,900 worth of stock.

The stock increased 1.72% or $0.5 during the last trading session, reaching $29.63. About 26,278 shares traded. Horizon Bancorp (NASDAQ:HBNC) has risen 18.45% since May 6, 2017 and is uptrending. It has outperformed by 6.90% the S&P500.

Horizon Bancorp operates as the bank holding firm for Horizon Bank, N.A. that provides commercial and retail banking services. The company has market cap of $757.37 million. The firm offers non-interest bearing and interest-bearing demand deposits, savings accounts, money market deposits, and time deposits. It has a 20.72 P/E ratio. The Company’s loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; real estate, mortgage warehouse, and consumer loans.

Horizon Bancorp (NASDAQ:HBNC) Institutional Positions Chart