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Main » Camelot Portfolios LLC Cuts Holdings in Cisco Systems, Inc. (CSCO)

Camelot Portfolios LLC Cuts Holdings in Cisco Systems, Inc. (CSCO)

14 November 2017

Cisco Systems now has $168.31 billion valuation. The stock rose 0.32% or $0.11 reaching $34.1.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 16th. It has underperformed by 3.50% the S&P500.

Fifth Third Bancorp decreased Cisco Sys Inc (CSCO) stake by 2.15% reported in 2017Q2 SEC filing.

Bessemer Group Inc decreased Annaly Capital Management Inc (NYSE:NLY) stake by 1.82 million shares to 4.63 million valued at $55.79 million in 2017Q2. The Bessemer Group Inc holds 323,143 shares with $10.11 million value, up from 311,004 last quarter. The stock declined 0.16% or $0.05 reaching $33.94 on the news. About 18,511 shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since November 12, 2016 and is uptrending. It has outperformed by 37.42% the S&P500.

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Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.14, from 1.04 in 2017Q1. The shares were sold at an average price of $32.43, for a total transaction of $2,107,950.00. National Planning Corp raised its position in Cisco Systems by 0.5% in the 2nd quarter. Walker Karen also sold $244,125 worth of Cisco Systems, Inc. (NASDAQ:CSCO). Cincinnati Specialty Underwriters Insur Co, Ohio-based fund reported 89,500 shares. The correct version of this article can be accessed at (NASDAQ:CSCO) for 105,213 shares. Investors of record on Thursday, October 5th were given a dividend of $0.29 per share.

In recent action, Cisco Systems, Inc. During the same quarter last year, the business posted $0.63 EPS. research analysts predict that Cisco Systems, Inc. will post 2.18 EPS for the current fiscal year. The institutional investor held 737,115 shares of the technology company at the end of 2017Q2, valued at $23.07 million, down from 762,670 at the end of the previous reported quarter. New Vernon Invest Mgmt Limited Liability stated it has 0.66% in Cisco Systems, Inc.

Tompkins Financial Corp acquired 72,110 shares as Cisco Sys Inc Com (CSCO)'s stock declined 7.50%. Grantham Mayo Van Otterloo Ltd Liability Com holds 433,900 shares or 0.07% of its portfolio. Lord Abbett & Comm Ltd Liability Company holds 0.57% of its portfolio in Cisco Systems, Inc. Petrus Trust Lta holds 1.14% or 156,990 shares. City holds 0.97% in Cisco Systems, Inc. Horan accumulated 318,268 shares. Cisco Systems Inc. had 116 analyst reports since August 4, 2015 according to SRatingsIntel. At the moment, the average analyst rating for CSCO is Moderate Buy. Therefore 62% are positive.

Analysts await Cisco Systems, Inc. Needham & Company LLC reissued a "hold" rating on shares of Cisco Systems in a report on Tuesday, October 24th. JP Morgan upgraded Cisco Systems, Inc. On Wednesday, August 2 the stock rating was maintained by Jefferies with "Buy". BMO Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with "Overweight" rating. Cowen & Co has "Outperform" rating and $40 target. Vetr cut Cisco Systems from a "buy" rating to a "hold" rating and set a $32.71 price objective for the a report on Monday, August 29th. The firm earned "Neutral" rating on Monday, February 8 by Macquarie Research. Segall Bryant & Hamill Ltd Liability Corporation has 0.02% invested in CubeSmart (NYSE:CUBE). The stock has "Buy" rating by Credit Suisse on Wednesday, June 21.

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Since May 24, 2017, it had 0 buys, and 3 insider sales for $12.50 million activity. 92,840 shares valued at $2.94 million were sold by Jacoby Rebecca on Wednesday, June 14. $9.31 million worth of Cisco Systems, Inc. CHAMBERS JOHN T sold $9.31M worth of stock or 295,537 shares. $114,296 worth of stock was sold by Carter Margot Lebenberg on Thursday, June 1.

Freestone Capital Holdings Llc, which manages about $1.24B US Long portfolio, upped its stake in Fiat Chrysler Automobiles N by 132,843 shares to 511,096 shares, valued at $5.43 million in 2017Q2, according to the filing. Berkshire Hathaway Class B (BRKB) was raised too. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company's stock. Therefore 53% are positive.

Several research analysts have recently commented on the company. (NYSE:TER) earned "Buy" rating by DA Davidson on Friday, July 29. The stock has a consensus rating of "Buy" and a consensus target price of $35.26. Noesis Cap Mangement owns 7,740 shares. (NYSE:TER) has "In-Line" rating given on Friday, October 27 by Evercore. On Thursday, June 29 the stock rating was maintained by Bernstein with "Buy". Pacific Crest maintained the stock with "Overweight" rating in Thursday, August 18 report. The stock has "Hold" rating by Jefferies on Thursday, July 14.

Investors sentiment decreased to 1.08 in 2017 Q2. Its up 0.14, from 1.04 in 2017Q1. (NYSE:TER) for 39,611 shares. 58 funds opened positions while 155 raised stakes. Hg Vora Management Limited Liability reported 8.50 million shares. Bath Savings Trust Commerce holds 0.21% or 24,374 shares in its portfolio. Mraz Amerine And Associates Incorporated stated it has 0.28% of its portfolio in International Paper Co (NYSE:IP). Pacad Invest Limited has 0.01% invested in CenterPoint Energy, Inc. Finally, Great West Life Assurance Co. Globeflex L P invested in 36,828 shares. About 19.32M shares traded or 24.73% up from the average. Haverford Inc holds 7,568 shares. Mastrapasqua Asset Mngmt reported 41,015 shares or 0.27% of all its holdings. Moreover, Augustine Asset has 3.56% invested in Cisco Systems, Inc. Sii Investments Wi holds 17,841 shares or 0.01% of its portfolio. During the same quarter in the previous year, the business earned $0.59 EPS. CSCO's profit will be $2.72 billion for 15.45 P/E if the $0.55 EPS becomes a reality. The network equipment provider reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.02.

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Conning Inc increased Verizon Communications Inc (NYSE:VZ) stake by 52,432 shares to 872,430 valued at $38.96M in 2017Q2.