Here is What Institutional Investors Think About Cisco Systems Inc (NASDAQ:CSCO)
- Author: Zachary Reyes Jun 03, 2017,
Jun 03, 2017, 17:18
About 9.65M shares traded.
Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, May 17th. It has underperformed by 3.50% the S&P500. Standpoint Research maintained the shares of KKR in report on Sunday, August 9 with "Hold" rating. They now have a Dollars 37 price target on the stock. Dynamic Advisors Solutions LLC now owns 21,553 shares of the network equipment provider's stock worth $729,000 after buying an additional 162 shares during the last quarter. Meta Finl Group Inc now has $814.01 million valuation. This change led market cap to move at $159.26B, putting the price -8.03% below the 52-week high and 17.29% above the 52-week low. About shares traded. Ooma Inc (NYSE:OOMA) has risen 82.30% since June 2, 2016 and is uptrending. It has outperformed by 55.30% the S&P500.
Bahl & Gaynor Inc increased Becton Dickinson & Co. (NASDAQ:CSCO). Meyer Handelman reported 646,848 shares. It also reduced General Electric Co (NYSE:GE) stake by 11,500 shares and now owns 444,914 shares. Finally, Pacific Crest set a $33.00 target price on shares of Cisco Systems and gave the company a buy rating in a research report on Wednesday, January 25th. Therefore 61% are positive. The original version of this piece of content can be read at https://www.thecerbatgem.com/2017/06/03/bmo-capital-markets-trims-cisco-systems-inc-csco-target-price-to-32-00-updated.html. Morningstar maintained the stock with "Hold" rating in Thursday, August 13 report. As per Thursday, May 19, the company rating was maintained by JP Morgan.
On 06/01/2017 close, Cisco Systems, Inc. (NASDAQ:CSCO) has "Mixed" rating given on Monday, October 31 by OTR Global. The firm earned "Underweight" rating on Wednesday, October 7 by Barclays Capital. The rating was reinitiated by Stifel Nicolaus on Friday, November 18 with "Hold". The stock has "Buy" rating by Wells Fargo on Wednesday, August 5. The firm has "Outperform" rating by RBC Capital Markets given on Friday, November 13.
Investors sentiment decreased to 1.07 in 2016 Q4.
Bristow Group Inc. (NYSE:BRS) reported Q4 EPS of ($1.15), $0.67 worse than the analyst estimate of ($0.48). It dived, as 81 investors sold CSCO shares while 635 reduced holdings. Smith Moore stated it has 15,982 shares. Cibc Asset Mngmt Inc stated it has 0.14% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) was bought by WEST STEVEN M on Wednesday, February 22. Commonwealth Equity Svcs Inc reported 0% stake. The Clorox Company had 25 analyst reports since August 5, 2015 according to SRatingsIntel. 104.25 million are owned by Fmr Limited Liability Com. Hedeker Wealth Lc has invested 1.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Jolley Asset Mgmt Limited Company owns 135,921 shares. The stock had a trading volume of 20,085,192 shares. (NASDAQ:CSCO) for 72,800 shares. (NASDAQ:CSCO). 287,757 were accumulated by Commonwealth Of Pennsylvania School Empls Retrmt. Pub Sector Pension Investment Board holds 1.11M shares. Malaga Cove Capital Ltd holds 0.61% of its portfolio in Cisco Systems, Inc. On Friday, December 23 the insider Walker Karen sold $54,525.
Since December 23, 2016, it had 1 buy, and 8 insider sales for $22.41 million activity. Most recently, the company reported EPS of $0.54.
Cisco Systems (CSCO) opened at 31.98 on Thursday. 13,869 shares were sold by SARIN ARUN, worth $472,436. (NASDAQ:CSCO) for 47,910 shares. Dedicoat Chris sold 34,597 shares worth $1.18M.
In related news, SVP Mark D. Chandler sold 16,000 shares of the firm's stock in a transaction dated Thursday, March 9th. $340,700 worth of stock was sold by MCGEARY RODERICK C on Thursday, February 23.
Analysts await Morgan Stanley (NYSE:MS) to report earnings on July, 19. (NASDAQ:CASH) to report earnings on August, 1. During the same period a year ago, the company posted $0.57 earnings per share. CASH's profit will be $11.40 million for 17.86 P/E if the $1.22 EPS becomes a reality. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 1.40 earnings per share.
Hancock Holding Company increased Vanguard Intermediate Term Bond Index 5314 (VBILX) stake by 130,302 shares to 1.29 million valued at $14.45 million in 2016Q4. (NASDAQ:CSCO). Culbertson A N, Virginia-based fund reported 122,569 shares. Amgen Inc (NASDAQ:AMGN) was reduced too.
Among 29 analysts covering Ensco Plc (NYSE:ESV), 10 have Buy rating, 4 Sell and 15 Hold. Therefore 15% are positive. Wood initiated the shares of CASH in report on Thursday, April 7 with "Outperform" rating. The rating was maintained by Goldman Sachs on Thursday, August 18 with "Neutral". On Thursday, September 22 the stock rating was upgraded by Clarksons Platou to "Neutral". Its down 0.59, from 2.52 in 2016Q3. Marshall Wace Llp invested in 197,600 shares or 0.07% of the stock. 75 funds opened positions while 222 raised stakes. It also upped Vanguard Info Tech Etf (VGT) stake by 3,138 shares and now owns 179,900 shares. 250,000 are owned by Ejf Capital Ltd Llc. Advsrs Asset Mngmt Inc accumulated 0.15% or 183,544 shares. Wunderlich has "Hold" rating and $27 target. (NASDAQ:CASH) or 1,132 shares. (NASDAQ:CSCO). Verity & Verity Ltd Limited Liability Company holds 229,740 shares. Coastline Trust holds 0.58% or 97,738 shares. Loews Corp holds 500,000 shares. Heritage Investors Management Corp now owns 728,981 shares of the network equipment provider's stock worth $24,640,000 after buying an additional 11,183 shares in the last quarter. (NASDAQ:CASH). Credit Suisse Ag holds 11,342 shares. Shanda Payment Holdings Ltd who had been investing in Kkr & Co LP Del for a number of months, seems to be bullish on the $15.58B market cap company. City Communication reported 0% stake.
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