Published: Sun, February 11, 2018
Economy | By

High-beta stock produce higher return: Cisco Systems, Inc. (CSCO)


Ameriprise Financial Inc. now owns 62,709,508 shares of the network equipment provider's stock valued at $2,109,614,000 after purchasing an additional 11,972,070 shares during the period. Kenmare Capital Partners Llc who had been investing in Career Education Corp for a number of months, seems to be bullish on the $806.32 million market cap company. The stock decreased 2.36% or $1.4 during the last trading session, reaching $57.85.

Intel Corporation (NASDAQ:INTC) closed at $42.75 a share in the latest session and the stock value rose nearly -7.39% since the beginning of this year. The Home Depot, Inc. It has outperformed by 9.29% the S&P500. Clearbridge Llc sold 146,514 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. Richard Bernstein Advisors LLC now owns 269,441 shares of the network equipment provider's stock worth $8,434,000 after buying an additional 47,211 shares in the last quarter. The stock price increased 16.54% in three months and mounted 26.16% for the last six months trading period. About 1.00 million shares traded. NetScout Systems, Inc. (NASDAQ:NTCT) has risen 51.24% since February 8, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

In the latest week Cisco Systems, Inc. $2.11 million worth of stock was sold by CHANDLER MARK D on Monday, September 18. Keeler Thomas Management LLC purchased a new position in Cisco Systems in the fourth quarter valued at $108,000. 200,000 shares were sold by BARTZ CAROL, worth $7.59 million on Thursday, December 14.

WARNING: "7,489 Shares in Cisco Systems, Inc". BHATT PRAT sold 25,638 shares worth $821,900. $740,883 worth of Cisco Systems, Inc. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares. Lee Danner And Bass reported 0.62% in Cisco Systems, Inc. (NASDAQ:CSCO). 56,701 were reported by Focused Wealth Incorporated. Carlson Capital Management sold 2,960 shares as the company's stock rose 12.78% with the market. CSCO's profit will be $2.62B for 18.29 P/E if the $0.53 EPS becomes a reality. The institutional investor held 121,781 shares of the technology company at the end of 2017Q3, valued at $4.10M, up from 99,351 at the end of the previous reported quarter. Its down -0.19, from 1.25 in 2017Q2. It turned negative, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. Jane Street Gp Limited Liability has 139,760 shares. Convergence Prtnrs Ltd Liability Co holds 78,683 shares or 0.37% of its portfolio. Comerica Bankshares stated it has 0.6% of its portfolio in Cisco Systems, Inc. It also upped Costco Whsl Corp New (NASDAQ:COST) stake by 25,804 shares and now owns 64,956 shares. Vanguard Gru invested in 0.01% or 4.61 million shares. Employees Retirement Of Texas invested 0.41% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Hartline Inv Corp holds 0.33% or 32,648 shares. CSCO has a 1-week performance of -7.03%. Dt Investment Lc invested 0.4% in Cisco Systems, Inc.

Crawford Investment Counsel Inc increased Sap Se (NYSE:SAP) stake by 15,405 shares to 454,338 valued at $49.82 million in 2017Q3. Finance Architects Inc stated it has 0.02% in Cisco Systems, Inc. Rocky Mountain Advisers Ltd Liability Co has 2,900 shares for 0.42% of their portfolio. Natixis Asset Management reported 0.04% of its portfolio in International Paper Company (NYSE:IP). It also increased its holding in Ishares Tr (IJR) by 4,710 shares in the quarter, for a total of 205,430 shares, and has risen its stake in Wal (NYSE:WMT). During the key period of last 5 years, Cisco Systems, Inc.


Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 66% are positive. According to today's trading volume Cisco Systems, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The firm has "Neutral" rating by Goldman Sachs given on Thursday, August 18. As per Wednesday, May 31, the company rating was downgraded by HSBC.

In other Cisco Systems news, insider John T. Chambers sold 250,000 shares of the stock in a transaction dated Wednesday, August 23rd. Oppenheimer maintained Cisco Systems, Inc. (NASDAQ:NTCT) rating on Tuesday, January 19. Jefferies maintained the shares of CSCO in report on Friday, May 26 with "Buy" rating. The stock has "Hold" rating by BMO Capital Markets on Thursday, August 17. Livingston Asset (Operating As Southport Capital Management) reported 1.66% in Cisco Systems, Inc. The company was upgraded on Friday, October 30 by Raymond James. Investors, especially technical analysts, may use the 52 week range to gauge whether a stock's current price suggests buying, selling, or taking no-action. Finally, Deutsche Bank restated a "buy" rating and issued a $45.00 price target (up previously from $40.00) on shares of Cisco Systems in a research note on Thursday, November 16th.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 29 funds opened positions while 85 raised stakes. 278.63 million shares or 0.22% more from 278.04 million shares in 2017Q2 were reported. (NYSE:OIS). The Ontario - Canada-based Toronto Dominion Bancorp has invested 0% in Oil States International, Inc. Lakeview Capital Ptnrs Limited Liability Company has 25,675 shares. Massachusetts Fincl Co Ma invested 0.28% of its portfolio in Celgene Corporation (NASDAQ:CELG). Cap Counsel Ltd Llc Ny reported 0.05% stake. Hudson Valley Invest Inc Adv invested in 138,625 shares or 1.21% of the stock. 1,502 were accumulated by Edgemoor. Shelton Capital accumulated 1.2% or 459,213 shares. Harber Asset Mgmt Ltd accumulated 161,700 shares. Blackrock has 0% invested in Enphase Energy, Inc.

Analysts await Gogo Inc. (NYSE:HD) to report earnings on February, 20. Whereas the traders who further want to see about this, may be interested to see Price to next year's EPS that would be 5.81%.

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