The Cisco Systems, Inc. (NASDAQ:CSCO) Position Cut by PGGM Investments

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08 July, 2017

The company reported the earnings of $0.6/Share in the last quarter where the estimated EPS by analysts was $0.58/share. Cisco Sys Inc now has $151.10B valuation. Ativo Cap Mngmt Llc has 30,835 shares for 0.25% of their portfolio. The company had a trading volume of 15,859,433 shares.

683 Capital Management Llc increased Fortress Investment Group Ll (FIG) stake by 31.63% reported in 2016Q4 SEC filing. Catawba Capital Management /va controls 165,507 shares valued at $5,180,000. The stock recovered 15.75% since its low point and has performed -12.98% year-to-date. Bokf Na holds 0.01% or 1,852 shares in its portfolio. Total SA (ADR) (NYSE:TOT) has risen 13.67% since July 6, 2016 and is uptrending. It has outperformed by 42.06% the S&P500. This increase is typical for the uptrend and shows the considerable optimism among investors. Its down 0.02, from 1.09 in 2016Q3. 17 funds opened positions while 46 raised stakes. (NASDAQ:CSCO). Mirador Capital Prns Limited Partnership accumulated 0.9% or 37,030 shares. Hudson Valley Investment Advisors Inc. (NYSE:GCI), its shares were trading at $8.45 a retreat of $-0.19, on the trading floor. Bank Of America De accumulated 79.53M shares or 0.52% of the stock. William Harris accumulated 112,145 shares. The California-based Aperio Group Llc has invested 0% in Financial Institutions, Inc. (NASDAQ:CSCO). Matarin Management holds 0% or 52,088 shares in its portfolio. Shufro Rose & Ltd Llc reported 23,100 shares.

Analysts await Humana Inc (NYSE:HUM) to report earnings on August, 2. Therefore 50% are positive.

Several equities research analysts have recently weighed in on CSCO shares. RBC Capital Markets maintained the stock with "Outperform" rating in Thursday, February 16 report. The firm has "Mkt Perform" rating by JMP Securities given on Wednesday, March 8. They anticipate the CSCO stock will hit $35.47 on a short term (12 month) basis.

In related news, SVP Karen Walker sold 7,802 shares of the company's stock in a transaction that occurred on Tuesday, June 13th. (NASDAQ:CSCO) news were published by: Thestreet.com which released: "Cisco's New Targets Show How Challenging Its Transition Is" on July 01, 2017, also Seekingalpha.com with their article: "Cisco: More Than A Touch Of Irony" published on July 04, 2017, Valuewalk.com published: "Undervalued Cisco Systems, FCF/EV Yield 10%, Shareholder Yield 5%" on July 04, 2017. It also reduced Fedex Corp (NYSE:FDX) stake by 5,016 shares and now owns 6,647 shares. Ishares (EWZ) was reduced too.

Since February 22, 2017, it had 1 insider purchase, and 9 sales for $25.54 million activity. The insider CHAMBERS JOHN T sold $10.07 million. Cisco Systems's dividend payout ratio is presently 58.29%. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C on Thursday, February 23. Christopher M Todoroff sold $4.96 million worth of stock or 24,140 shares. Another trade for 34,597 shares valued at $1.18M was sold by Dedicoat Chris. See Cisco Systems, Inc. (NASDAQ:CSCO). Bragg Fincl has invested 1.12% in Cisco Systems, Inc.

Among 31 analysts covering Cisco Systems Inc. (NASDAQ:CSCO) have been assigned an average recommendation of "Buy" from the thirty-five brokerages that are now covering the company, MarketBeat reports. Therefore 63% are positive. Cisco Systems Inc. had 70 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Bernstein on Thursday, June 29 with "Buy". On Wednesday, September 16 the stock rating was initiated by Piper Jaffray with "Overweight". Drexel Hamilton reaffirmed a "buy" rating and set a $40.00 price objective on shares of Cisco Systems in a report on Tuesday, May 16th. The company was maintained on Wednesday, June 21 by J.P. Morgan. Moreover, Cisco has consistently grown its book value per share every year from $5.16 in 2007 to $13.08 today. The company was maintained on Thursday, October 8 by Howard Weil. The rating was downgraded by Goldman Sachs to "Neutral" on Wednesday, June 15. The firm has "Outperform" rating by Cowen & Co given on Thursday, August 18. On Wednesday, February 22 WEST STEVEN M bought $102,679 worth of Cisco Systems, Inc. (NASDAQ:CSCO) has "Overweight" rating given on Thursday, August 18 by KeyBanc Capital Markets.

Investors sentiment decreased to 1.07 in 2016 Q4. Its up 1.49, from 1.55 in 2016Q3. It dived, as 81 investors sold CSCO shares while 635 reduced holdings. 117 funds opened positions while 651 raised stakes. Sfmg Ltd Liability Corporation has invested 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO) for 250,793 shares. (NASDAQ:CVBF). Schwab Charles Mgmt Inc holds 0.01% or 470,182 shares in its portfolio. Dynamic Advisors Solutions LLC boosted its stake in Cisco Systems by 0.8% in the first quarter. (NASDAQ:CSCO) for 25,261 shares. (NASDAQ:CVBF) or 22,712 shares. (NASDAQ:CSCO) or 3,027 shares. Hancock Com stated it has 135,484 shares or 0.15% of all its holdings. Ohio-based Farmers has invested 2.27% in Cisco Systems, Inc. (NASDAQ:CSCO). 1.87M are owned by Huntington Savings Bank. (CSCO)'s stock declined 7.50%. Polar Cap Llp invested in 0.25% or 523,745 shares.

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