Analysts Showing Optimistic Trends For Cisco Systems, Inc. (CSCO)

Jeannie Matthews
January 14, 2018

The fund owned 54,025 shares of the network equipment provider's stock after selling 6,562 shares during the quarter. The Amica Mutual Insurance Company holds 371,505 shares with $12.49 million value, up from 361,098 last quarter.

News stories about Cisco Systems (NASDAQ:CSCO) have been trending somewhat positive this week, according to Accern.

Cisco Systems, Inc. (NASDAQ:CSCO) now has a Weekly Volatility of 1.41% percent while its Monthly Volatility is at 1.25% percent. The firm acquired 15,307 shares of the network equipment provider's stock, valued at approximately $515,000. Giga-tronics Incorporated (GIGA) has declined 26.56% since January 10, 2017 and is downtrending.

Bell State Bank & Trust increased its stake in Cisco Sys Inc (CSCO) by 22.58% based on its latest 2017Q3 regulatory filing with the SEC. LSV Asset Management now owns 27,453,460 shares of the network equipment provider's stock valued at $859,293,000 after acquiring an additional 134,162 shares during the last quarter. The company has market cap of $197.65 billion. About 1.92 million shares traded. The business had revenue of $12.14 billion during the quarter, compared to the consensus estimate of $12.11 billion. It has underperformed by 3.50% the S&P500.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold.

Analysts await JPMorgan Chase & Co. As per Friday, August 12, the company rating was maintained by Mizuho. The company was maintained on Thursday, May 19 by Credit Suisse. KeyBanc Capital Markets maintained the shares of DY in report on Thursday, October 5 with "Buy" rating. Nationwide Fund holds 0.04% or 130,058 shares. Finally, Manchester Capital Management LLC increased its holdings in Cisco Systems by 10.7% in the second quarter. As per Friday, January 15, the company rating was maintained by UBS. BMO Capital Markets has "Buy" rating and $191.0 target. Canaccord Genuity maintained Dycom Industries, Inc. The firm has "Outperform" rating given on Friday, June 16 by Raymond James. Canaccord Genuity has "Buy" rating and $110.0 target. On Thursday, August 18 the stock rating was maintained by Cowen & Co with "Outperform". The stock is now moving above its 20-Day Simple Moving Average of 3.28% with a 50-Day Simple Moving Average of 8.19 percent.

Southernsun Asset Management Llc increased Crane Co (NYSE:CR) stake by 110,711 shares to 269,854 valued at $21.59 million in 2017Q3.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. The insider FEDERIGHI CRAIG sold $9.98 million. 47,500 were accumulated by Hodges Capital. Orrstown holds 0.39% or 10,253 shares in its portfolio. (NASDAQ:CSCO). 18.43M were reported by Rech Glob Invsts. Ameriprise Financial Inc holds 1% or 62.71M shares. Goldman Sachs Grp holds 0.01% or 636,319 shares in its portfolio. Aperio Group LLC's holdings in Cisco Systems were worth $101,995,000 as of its most recent SEC filing. Public Employees Retirement System Of Ohio reported 0.01% stake. Moon Cap, Tennessee-based fund reported 35,174 shares.

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Shares of LendingClub Corporation (NYSE:LC) have seen a movement of 4.76% in the most recent session. Cisco Systems's quarterly revenue was down 1.7% on a year-over-year basis. Finally, Jefferies Group reaffirmed a "buy" rating and issued a $37.00 target price on shares of Cisco Systems in a research report on Friday, October 6th.

Among 19 analysts covering Agco Corporation (NYSE:AGCO), 5 have Buy rating, 3 Sell and 11 Hold. Therefore 65% are positive. Cisco Systems Inc. had 133 analyst reports since August 4, 2015 according to SRatingsIntel.

Insider Trading Activity for Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, August 18. Robert W. Baird maintained the shares of CSCO in report on Monday, August 7 with "Buy" rating. The company was maintained on Tuesday, August 9 by Citigroup. The stock has "Buy" rating by Piper Jaffray on Thursday, August 13. Deutsche Bank has "Buy" rating and $45 target. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, October 23 report. (NASDAQ:CSCO) has "Equal Weight" rating given on Monday, August 17 by Morgan Stanley. Freestone Cap Holding Limited has invested 1.77% in Cisco Systems, Inc. It fall, as 74 investors sold CSCO shares while 637 reduced holdings.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. According to today's trading volume Cisco Systems, ABOVE its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. (NASDAQ:CSCO). Srb holds 5,720 shares or 0.03% of its portfolio. Cisco Systems's payout ratio is now 60.10%. (NASDAQ:CSCO) or 15,230 shares. Exane Derivatives invested in 15,928 shares. Excalibur Mngmt invested in 1.05% or 36,785 shares. Tortoise Investment Management LLC increased its holdings in Cisco Systems by 36.1% in the second quarter. (NASDAQ:CSCO) for 24,283 shares. The Minnesota-based Meristem Llp has invested 0.12% in Cisco Systems, Inc. Blue Fin Capital Inc. raised its stake in shares of Cisco Systems by 0.4% during the first quarter. Perhaps, that suggests something about why 0.16% of the outstanding share supply is held by institutional investors. Chilton Invest Communications Limited Liability Company holds 0.09% or 69,901 shares.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. During the same period in the prior year, the firm posted $0.59 earnings per share. MSFT's profit will be $6.63 billion for 25.50 P/E if the $0.86 EPS becomes a reality. After $0.79 actual EPS reported by AGCO Corporation for the previous quarter, Wall Street now forecasts 40.51% EPS growth.

Since August 23, 2017, it had 0 insider purchases, and 7 insider sales for $23.51 million activity. (NASDAQ:CSCO) for 26,396 shares. 200,000 shares were sold by BARTZ CAROL, worth $7.59 million. MCGEARY RODERICK C sold $578,740 worth of stock. The insider CHAMBERS JOHN T sold $7.79M. 65,000 shares valued at $2.11M were sold by CHANDLER MARK D on Monday, September 18.

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