Norges Bank Modifies Its Investment in Cisco Systems, Inc. (CSCO) Last Quarter

Paterniano Del Favero
Agosto 11, 2017

The Numeric Investors Llc holds 570,690 shares with $17.25 million value, down from 790,690 last quarter. Currently, 0.8% of the company's stock are sold short. About 130 shares traded. (NASDAQ:EQIX) has risen 24.40% since August 11, 2016 and is uptrending. It has underperformed by 17.65% the S&P500. (NASDAQ:CSCO) by 1.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. Covington Investment Advsr reported 1.47% of its portfolio in Cisco Systems, Inc. Asset Management Group Inc. boosted its position in Cisco Systems by 0.8% in the fourth quarter. Cisco Sys Inc now has $156.70B valuation. Corporate insiders own 0.11% of the company's stock. Additionally the company recently announced a dividend for shareholders which was paid on Wednesday the 26th of July 2017. It has underperformed by 3.50% the S&P500. Its down 0.02, from 1.09 in 2016Q3. It fall, as 81 investors sold CSCO shares while 635 reduced holdings. 5 funds opened positions while 5 raised stakes. It is 0.00% or $0 reaching $0.15 per share. California-based Brandes Investment Prtn Lp has invested 0.17% in Cisco Systems, Inc. Cognios reported 0.85% of its portfolio in Cisco Systems, Inc. Willis Counsel holds 943,417 shares or 2.13% of its portfolio. Boston Partners reported 7.56M shares. Dynamic Advisors Solutions LLC boosted its position in shares of Cisco Systems by 0.8% in the first quarter. (NASDAQ:CSCO) for 924,455 shares. Banced Corp raised its stake in shares of Cisco Systems by 0.4% in the second quarter. "(NASDAQ:CSCO)" was reported by Stock Observer and is the property of of Stock Observer. Cisco Systems also saw some unusual options trading on Wednesday. (NASDAQ:CSCO) for 139,104 shares. About 13.23 million shares traded. (NASDAQ:CSCO). 138.99M are owned by Blackrock Institutional Trust Co Na. Analysts reported their respective ratings recommendation for CSCO. Equities research analysts forecast that Cisco Systems will post $2.38 EPS for the current year. During the same quarter previous year, the firm posted $0.57 EPS.

Norges Bank reports that it sold 613,857 shares in quarter ending 06/30/2016 decreasing its exposure to Cisco Systems, Inc.by 1.4%. If Cisco meets analysts' estimate of $12.06 billion, it would mean a year-over-year fall of 22.2% compared to revenue of $12.64 billion in fiscal 4Q16. (NASDAQ:CSCO) traded down 0.617% during trading on Thursday, reaching $31.425. Therefore 64% are positive. Cisco Systems Inc. now has $157.25 billion valuation. Bridges Mngmt has invested 0.24% in Cisco Systems, Inc. (NASDAQ:CSCO) earned "Buy" rating by Bernstein on Tuesday, September 1. The stock has an average rating of "Buy" and an average price target of $35.31.

Analysts await Cisco Systems, Inc. The stock has "Buy" rating by RBC Capital Markets on Monday, July 31. Finally, Vetr cut Cisco Systems from a "strong-buy" rating to a "buy" rating and set a $37.03 price target for the company.in a research report on Wednesday, April 26th. Credit Suisse maintained Cisco Systems, Inc. The rating was upgraded by Oppenheimer on Wednesday, June 21 to "Buy". The firm has "Buy" rating given on Friday, October 9 by Drexel Hamilton. The rating was maintained by Barclays Capital with "Equal-Weight" on Thursday, August 18.

On May 15, 2017 the stock rating was rated "Overweight" in a report from Morgan Stanley which is up from the previous "Overweight" rating. UBS maintained the shares of CSCO in report on Thursday, February 11 with "Buy" rating. The insider CHANDLER MARK D sold $544,640. $537,050 worth of Cisco Systems, Inc. (NASDAQ:CSCO). 1.13M are owned by Conning.

In other Cisco Systems news, SVP Karen Walker sold 7,802 shares of the firm's stock in a transaction dated Tuesday, June 13th.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, May 17th. SARIN ARUN had sold 13,869 shares worth $472,436. (NASDAQ:CSCO) on Thursday, February 23. Finally, Congress Asset Management Co. Abbott Laboratories (NYSE:ABT) was raised too.

Investors sentiment decreased to 0.98 in 2016 Q4. It is negative, as 20 investors sold DERM shares while 34 reduced holdings. Envestnet Asset Mgmt has 0% invested in Halozyme Therapeutics, Inc. Allianz Asset Management Ag owns 394,883 shares. Somerville Kurt F has invested 0.14% of its portfolio in The Coca-Cola Co (NYSE:KO). Salem Investment Counselors holds 440,707 shares or 1.53% of its portfolio.

Champlain Investment Partners Llc decreased Woodward Inc. Following the completion of the transaction, the senior vice president now owns 271,725 shares of the company's stock, valued at $8,616,399.75. State Bank Of America De reported 184,960 shares stake. 11,111 were accumulated by Argent Cap Mgmt Limited Liability Co. 55,726 were accumulated by Washington Tru Company. Chicago Equity Prtnrs Limited Liability Corp has 167,260 shares. The SI to Astrotech Corporation's float is 0.21%. First Republic holds 495,495 shares or 0.18% of its portfolio. Eagle Boston Investment Management Inc, a Massachusetts-based fund reported 135,364 shares.

Since February 13, 2017, it had 0 insider buys, and 6 insider sales for $24.39 million activity. Shares for $84,116 were sold by BAUER EUGENE A. $102,679 worth of stock was bought by WEST STEVEN M on Wednesday, February 22. Janus Capital Management Ltd invested in 1.81M shares. CHAMBERS JOHN T had sold 295,538 shares worth $10.07 million. Hennessy Advisors Inc. now owns 363,310 shares of the network equipment provider's stock valued at $12,280,000 after buying an additional 40,455 shares in the last quarter. Amalgamated Natl Bank owns 333,438 shares.

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