Cisco Systems, Inc. (NASDAQ:CSCO) Stake Reduced by Northpointe Capital LLC

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03 August, 2017

BMO Capital Markets cut Cisco Systems from an "outperform" rating to a "market perform" rating and cut their price target for the company from $37.00 to $35.00 in a report on Tuesday, May 9th. (NASDAQ:CSCO). Moreover, Neumann Management Lc has 0.39% invested in Cisco Systems, Inc. The firm has "Buy" rating given on Thursday, August 18 by Citigroup. The rating was downgraded by Gabelli on Tuesday, July 18 to "Hold". North Star Investment Management Corp.'s holdings in Cisco Systems were worth $1,630,000 as of its most recent SEC filing.

Montecito Bank & Trust increased its stake in shares of Cisco Systems, Inc. Dimensional Fund Advisors LP raised its position in shares of Cisco Systems by 5.9% in the fourth quarter. (CSCO)'s stock declined 7.50%. The Wetherby Asset Management Inc holds 133,552 shares with $4.04M value, down from 150,319 last quarter. The stock's market capitalization is 158.25B, it has a 52-week low of 29.12 and a 52-week high of 34.60. Proffitt & Goodson invested in 60,800 shares or 0.92% of the stock. About 9.47M shares traded.

Cisco Systems, Inc. (CSCO) surprised the stock market in its last reported earnings when it earned $0.6 a piece versus the consensus-estimated $0.58. It has underperformed by 3.50% the S&P500. Asset Management One Limited accumulated 8.82M shares. LendingClub Corp (LC) has risen 52.97% since August 2, 2016 and is uptrending. The Firm is a beauty retailer. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. The Firm operates in two divisions: contract research services and research products. $102,679 worth of stock was bought by WEST STEVEN M on Wednesday, February 22. $44,902 worth of Ulta Beauty Inc (NASDAQ:ULTA) was sold by Halligan Catherine Ann on Monday, April 10. Another trade for 34,597 shares valued at $1.18 million was sold by Dedicoat Chris.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. Its down 0.02, from 1.09 in 2016Q3.

A number of other large investors have also added to or reduced their stakes in CSCO. 16 funds opened positions while 35 raised stakes. Seizert Cap Limited Company reported 1.27% of its portfolio in Cisco Systems, Inc. Princeton Cap Mngmt holds 3.4% or 168,875 shares in its portfolio. It dived, as 28 investors sold OAK shares while 59 reduced holdings. Princeton Portfolio Strategies Grp Inc Ltd Com holds 0.15% of its portfolio in Oaktree Capital Group LLC (NYSE:OAK) for 12,400 shares. Profund Advsrs Ltd invested 0.01% in YPF SA (ADR) (NYSE:YPF). 42,120 were reported by Fiduciary. The company has market cap of $157.33 billion. Navellier Assoc reported 59,542 shares. Bath Savings holds 19,769 shares or 0.18% of its portfolio. Northwestern Mutual Wealth Co invested in 4,569 shares. Illinois-based Spot Trading Ltd Liability has invested 0.01% in YPF SA (ADR) (NYSE:YPF). Timber Hill Ltd Company owns 1,955 shares or 0% of their United States portfolio. Vaughan David Invests Il stated it has 1.01 million shares.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 50% are positive. Cisco Systems Inc. had 92 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, October 31 the stock rating was downgraded by OTR Global to "Mixed". Morgan Stanley raised Cisco Systems from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $33.45 to $39.00 in a research note on Monday, May 15th. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, November 13. The legal version of this article can be viewed at https://sportsperspectives.com/2017/08/02/alexandria-capital-llc-sells-299-shares-of-cisco-systems-inc-nasdaqcsco-updated-updated-updated.html. On Thursday, August 13 the stock rating was maintained by Jefferies with "Hold". There are brokerage firms with lower targets than the average, including one setting a price target of $29. The company was maintained on Wednesday, February 17 by Berenberg. (NASDAQ:CSCO) on Wednesday, October 14 with "Overweight" rating.

Investors sentiment decreased to 1.07 in Q4 2016. Its up 0.29, from 0.82 in 2016Q3. 117 funds opened positions while 651 raised stakes. (NYSE:JPM) stake by 24,353 shares and now owns 345,405 shares. Castleark Mgmt accumulated 5,000 shares or 0% of the stock. Maple Management reported 0.11% of its portfolio in Cisco Systems, Inc. Swiss Bank & Trust owns 38,990 shares for 0.01% of their portfolio. Culbertson A N And Communications holds 122,569 shares.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, May 17th. Zacks upgraded the shares of YPF in report on Tuesday, August 11 to "Sell" rating. Trust Department Mb Comml Bank N A owns 22,389 shares or 0.07% of their USA portfolio. Brown Advisory Limited Liability Company holds 73,105 shares. Credit Suisse maintained Cisco Systems, Inc. (NASDAQ:CSCO). Riggs Asset Managment Company stated it has 3,570 shares or 0.05% of all its holdings.

Since February 22, 2017, it had 1 insider purchase, and 9 sales for $25.54 million activity. J.P. Morgan maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, June 16 with "Buy" rating.

In other news, insider John T. Chambers sold 295,537 shares of Cisco Systems stock in a transaction on Wednesday, May 24th. $244,125 worth of stock was sold by Walker Karen on Sunday, June 11. (NASDAQ:CSCO) has "Buy" rating given on Wednesday, June 14 by Oppenheimer. On average, equities research analysts forecast that Cisco Systems, Inc. will post $2.38 EPS for the current year. (NASDAQ:CSCO) on Wednesday, June 14. 10,000 shares were sold by MCGEARY RODERICK C, worth $340,700 on Thursday, February 23.


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