Community Bank NA Boosts Stake in Cisco Systems (CSCO)

Lloyd Doyle
April 25, 2018

(NASDAQ:CSCO). Tiemann Advsrs Ltd Company has 0.67% invested in Cisco Systems, Inc. The institutional investor owned 163,180 shares of the network equipment provider's stock after buying an additional 1,576 shares during the quarter. About 3.15 million shares traded. Convergence Investment Partners Llc bought 10,535 shares as the company's stock rose 10.71% while stock markets declined. CSCO outperformed the S&P500 by 14.02%. The lowest target is $32.0 while the high is $55. Pinnacle Fincl Prtnrs Inc reported 53,553 shares. If the $2.18 price target is reached, the company will be worth $11.58M less. The stock decreased 2.73% or $1.66 during the last trading session, reaching $59.16. About 166,412 shares traded. Park Circle Com reported 1.18% in Cisco Systems, Inc. Nuvectra Corporation (NASDAQ:NVTR) has risen 92.78% since April 25, 2017 and is uptrending. It has underperformed by 8.49% the S&P500.

734 funds increased and opened new equity positions, while 711 cut down and sold their stock positions in Cisco Systems Inc so the sentiment has increased. It has change of 0.01, from 2017Q3's 1.02. It is positive, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds took holdings and 589 increased holdings. Hardman Johnston Global Advisors Lc invested 1.15% in Cisco Systems, Inc. (NASDAQ:CSCO) for 1.10 million shares. Bainco Investors reported 181,044 shares. Nwq Investment Management Communications Ltd Liability Co stated it has 429,713 shares. Manchester Capital Management LLC now owns 3,606 shares of the network equipment provider's stock worth $113,000 after purchasing an additional 350 shares during the period. Moreover, San Francisco Sentry Inv Gp (Ca) has 0.41% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Goelzer holds 165,330 shares. (NYSE:C). Lombard Odier Asset Management (Switzerland), Switzerland-based fund reported 12,711 shares. Mirae Asset Glob Com Ltd has 588,952 shares. Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma has 117,519 shares for 0.08% of their portfolio. 98,369 are owned by Augustine Asset Mngmt. Invest holds 1.69% of its capital in Cisco Systems, Inc. (NASDAQ:CSCO) for 522,560 shares. Gradient Invs Ltd holds 0.51% or 229,344 shares.

Since January 1, 0001, it had 0 buys, and 5 sales for $10.28 million activity.

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the objective of comparing a Cisco Systems, Inc. Also, Director Arun Sarin sold 14,189 shares of the company's stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $44.10, for a total transaction of $625,734.90. On Thursday, March 15 Goeckeler David sold $940,559 worth of Cisco Systems, Inc. (NASDAQ:CSCO). 327,259 are owned by Peapack Gladstone Corporation.

Among 38 analysts covering Cisco Systems Inc. The network equipment provider reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.04. CSCO's profit could hit $2.84B with 18.53 P/E in case $0.59 EPS is published. Since April 25, 2017 CSCO has risen 25.57% and is uptrending. Garde Capital Inc holds 0.1% or 13,381 shares in its portfolio. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 82% are positive. Morgan Stanley upgraded Cisco Systems from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $33.45 to $39.00 in a report on Monday, May 15th. Piper Jaffray maintained the shares of CSCO in report on Tuesday, October 10 with "Buy" rating. The stock of NextEra Energy Partners, LP (NYSE:NEP) earned "Outperform" rating by Robert W. Baird on Tuesday, August 25.

Among 20 analysts covering HollyFrontier (NYSE:HFC), 7 have Buy rating, 6 Sell and 7 Hold. (NASDAQ:CSCO) on Wednesday, June 21 with "Hold" rating. Oppenheimer maintained Six Flags Entertainment Corporation (NYSE:SIX) on Wednesday, June 21 with "Buy" rating. (NASDAQ:CSCO) on Thursday, February 15 with "Buy" rating. The company presently has a consensus rating of "Buy" and an average price target of $44.26. BMO Capital Markets maintained the shares of CSCO in report on Thursday, August 17 with "Hold" rating. The firm has "Hold" rating given on Thursday, August 17 by BMO Capital Markets. Bank of New York Mellon Corp now owns 122,958,272 shares of the network equipment provider's stock worth $4,709,302,000 after acquiring an additional 13,927,416 shares during the last quarter. Jefferies has "Hold" rating and $900 target. Therefore 23% are positive. 41 are the (NASDAQ:CSCO)'s analyst reports since November 3, 2017 according to StockzIntelligence Inc. (NYSE:PIR) on Thursday, October 8 with "Hold" rating. (NYSE:PIR) earned "Underperform" rating by Credit Suisse on Thursday, September 28. The company was maintained on Tuesday, February 13 by Citigroup. The firm has "Buy" rating given on Thursday, November 16 by Cowen & Co. This repurchase authorization allows the network equipment provider to buy shares of its stock through open market purchases. On Thursday, December 14 the stock rating was downgraded by Gordon Haskett to "Sell". The firm earned "Market Perform" rating on Friday, September 25 by Telsey Advisory Group. Ascena Retail Group, Inc. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrances, gifts, and seasonal items; and furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios.

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