Cisco Systems, Inc. (CSCO) Stake Increased by Berkshire Asset Management LLC PA

Marco Green
September 14, 2017

Mount Lucas Management Lp sold 6,837 shares as Marsh & Mclennan Cos (MMC)'s stock rose 1.48%. The Oxbow Advisors Llc holds 46,656 shares with $1.41M value, down from 144,670 last quarter. Marsh & Mclennan Cos now has $41.90 billion valuation. The total volume of shares traded was 8848858 which puts the relative volume at 0.87 for the day. Ltd. raised its position in shares of Cisco Systems by 15.0% in the 1st quarter. Marsh & McLennan Companies, Inc. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since September 13, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Oxbow Advisors Llc decreased Cisco Sys Inc (CSCO) stake by 67.75% reported in 2016Q4 SEC filing. First Trust Advisors Lp bought 1.90M shares as the company's stock declined 7.50% while stock markets rallied. The shares went up by 2.99% in value last month.

Cisco Systems, Inc. has a market capital of 163.49B at the moment and a profit to earnings ratio of 17.01. The stock declined 1.08% or $0.35 reaching $32.06 per share. Edgar Lomax Company Va reported 1.52 million shares or 2.95% of all its holdings.

Investors and Traders continue to monitor technical levels of shares of Cisco Systems, Inc. It has underperformed by 3.50% the S&P500.

Since March 15, 2017, it had 0 insider buys, and 3 selling transactions for $12.50 million activity. BHATT PRAT sold 15,672 shares worth $537,050. CHAMBERS JOHN T had sold 295,537 shares worth $9.31M. $9.31M worth of Cisco Systems, Inc. (NASDAQ:CSCO). Advisory Incorporated holds 0.12% or 13,496 shares in its portfolio. Shares for $2.94 million were sold by Jacoby Rebecca. Equities research analysts expect that Cisco Systems, Inc. will post $2.43 earnings per share for the current fiscal year. (NASDAQ:CSCO). 125,105 are held by Wall Street Access Asset Lc. Therefore 71% are positive. Cisco Systems, Inc. has a one year low of $29.12 and a one year high of $34.60. The rating was maintained by Drexel Hamilton with "Buy" on Thursday, June 29. Jefferies maintained the shares of CSCO in report on Tuesday, September 5 with "Buy" rating. The stock has "Hold" rating by Stifel Nicolaus on Tuesday, August 15. The legal version of this piece of content can be read at https://weekherald.com/2017/09/13/cisco-systems-inc-csco-stake-increased-by-berkshire-asset-management-llc-pa.html. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 13 Hold. As per Thursday, June 16, the company rating was maintained by UBS. Argus Research maintained it with "Buy" rating and $37 target in Friday, August 19 report. The firm has "Buy" rating given on Wednesday, June 21 by Bernstein.

Investors sentiment increased to 1.18 in Q4 2016. Its down 0.02, from 1.09 in 2016Q3.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deutsche Bank maintained Cisco Systems, Inc. (NASDAQ:CSCO). Highlander Capital Management Limited Liability Company holds 16,028 shares or 0.42% of its portfolio. Brookstone Capital Management holds 167,778 shares or 0.56% of its portfolio. Intrust Natl Bank Na owns 35,227 shares. Moreover, Arcadia Mgmt Mi has 0.02% invested in Cisco Systems, Inc. North West Company Inc (TSE:NWC) has 0.00% since September 13, 2016 and is. D Scott Neal Inc owns 6,171 shares. Moreover, Gsa Capital Prtn Ltd Liability Partnership has 0.02% invested in Cisco Systems, Inc. M&R Management Inc has 14,179 shares.

Among 36 analysts covering Cisco Systems Inc. (NASDAQ:CSCO) by 2.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Pacific Crest maintained Cisco Systems, Inc. (NASDAQ:CSCO) for 31,113 shares. Reilly Limited Company reported 4,308 shares or 0.02% of all its holdings.

Oxbow Advisors Llc increased Royal Dutch Shell Plc stake by 48,059 shares to 377,959 valued at $20.55 million in 2016Q4. Chubb Limited was raised too. Cisco Systems Inc. had 108 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Marsh & McLennan Companies, Inc. Cisco Systems has a consensus rating of Buy and an average target price of $32.36. The stock of Ally Financial Inc (NYSE:ALLY) has "Buy" rating given on Wednesday, September 2 by Zacks. The rating was maintained by Oppenheimer with "Buy" on Friday, August 4. (NASDAQ:CSCO) rating on Friday, June 30. The stock of Ally Financial Inc (NYSE:ALLY) earned "Positive" rating by Susquehanna on Monday, January 23. Jefferies maintained the shares of MMC in report on Tuesday, September 5 with "Hold" rating. The rating was maintained by Nomura with "Hold" on Wednesday, June 21. BMO Capital Markets upgraded the shares of MMC in report on Friday, November 4 to "Outperform" rating.

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