(NASDAQ:CSCO) Position Lifted by Highstreet Asset Management Inc

Marco Green
January 14, 2018

Cisco Systems (NASDAQ:CSCO) traded up $0.77 during trading hours on Friday, reaching $40.87. (CSCO)'s shares. The total value of these holdings, in millions, is $148,796.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, November 15th. It has underperformed by 3.50% the S&P500.

Zevin Asset Management Llc increased its stake in Facebook Inc. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/13/brookstone-capital-management-sells-11870-shares-of-cisco-systems-inc-csco.html. The Canal Insurance Company holds 147,448 shares with $4.96M value, up from 30,000 last quarter. Welch Capital Partners Llc who had been investing in United Continental Holdings for a number of months, seems to be bullish on the $23.23B market cap company. The stock increased 3.54% or $0.82 during the last trading session, reaching $24. The shares were sold at an average price of $38.00, for a total transaction of $578,740.00. Five9, Inc. (NASDAQ:FIVN) has risen 123.16% since January 13, 2017 and is uptrending.

Cymabay Therapeutics, Inc. (CBAY) has $437.33M valuation. It also reduced its holding in Boeing Co (NYSE:BA) by 7,671 shares in the quarter, leaving it with 12,922 shares, and cut its stake in J2 Global Inc (NASDAQ:JCOM). Therefore 26% are positive. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. The company now has an average rating of "Buy" and a consensus target price of $37.93. The company was maintained on Wednesday, February 24 by FBR Capital. The stock has "Buy" rating by Jefferies on Wednesday, September 9. The firm earned "Buy" rating on Wednesday, October 25 by Cantor Fitzgerald. Oppenheimer reaffirmed a "buy" rating and issued a $36.00 target price on shares of Cisco Systems in a report on Monday, September 25th. The rating was maintained by Morgan Stanley with "Equal-Weight" on Thursday, August 17. On Thursday, June 16 the stock rating was maintained by UBS with "Buy". Needham & Company LLC restated a "hold" rating on shares of Cisco Systems in a research note on Tuesday, September 19th.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.08, from 0.79 in 2017Q2.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. 31 funds opened positions while 77 raised stakes. Shares for $2.67 million were sold by Cox Christopher K on Monday, August 21. Swiss National Bank reported 0.02% in United Continental Holdings, Inc. (NYSE:HP) for 5,085 shares. Ipg Investment Advsr Ltd Liability Co has invested 0.14% in HCA Healthcare, Inc. Nuveen Asset Mgmt Limited Liability Co holds 186,798 shares. Moreover, Metropolitan Life Insur Ny has 0.02% invested in Helmerich & Payne, Inc. Foster Dykema Cabot Ma invested in 0.09% or 15,400 shares. 52,515 were reported by Lederer Assocs Investment Counsel Ca. Hightower Advsrs Ltd Company has 0.03% invested in Helmerich & Payne, Inc. (NYSE:HCA) for 72 shares.

AUTHENTIDATE HOLDING CORPORATION (OTCMKTS:ADAT) had a decrease of 0.81% in short interest. Estabrook Cap Mgmt, New York-based fund reported 437,753 shares. Polar Limited Liability Partnership invested 0.17% in HCA Healthcare, Inc. State Of Alaska Department Of Revenue stated it has 13,230 shares. Selkirk Limited Liability Corporation invested in 2.52% or 27,000 shares.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.03, from 0.93 in 2017Q2. It dived, as 9 investors sold EHTH shares while 40 reduced holdings. 107 funds opened positions while 619 raised stakes. Monetary Management Group Inc sold 9,170 shares as General Dynamics (GD)'s stock rose 3.60%. First Dallas Secs holds 0.35% or 8,275 shares in its portfolio. Grandfield & Dodd Ltd has 11,441 shares. Bridgeway Capital Mgmt has 75,000 shares. Archford Cap Strategies Ltd Liability reported 7,010 shares. 89,500 are held by Highland Cap Mngmt Limited Partnership. Swarthmore has invested 0.09% in Cisco Systems, Inc. (NASDAQ:CSCO) for 158,270 shares. Highlander Lc owns 16,528 shares. Ashfield Prns Limited Liability Corp has 0.05% invested in Helmerich & Payne, Inc.

TRADEMARK VIOLATION WARNING: "Cisco Systems, Inc". Tocqueville Asset Mngmt Ltd Partnership holds 0.17% or 449,381 shares. Us Savings Bank De owns 4.08 million shares or 0.44% of their US portfolio. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) for 1.17 million shares.

Since August 23, 2017, it had 0 insider buys, and 7 insider sales for $23.51 million activity. Another trade for 121,390 shares valued at $3.89 million was made by Robbins Charles on Monday, September 11. This works out to a net increase in ownership of 7.94 million shares, and suggests that institutions are feeling bullish about the stock. The insider CHAMBERS JOHN T sold 250,000 shares worth $7.79 million. Independent Investors Inc holds 0.34% of its portfolio in Cisco Systems, Inc. Walker Karen also sold $740,883 worth of Cisco Systems, Inc.

Credit Suisse Ag decreased Vail Resorts Inc (NYSE:MTN) stake by 1,583 shares to 130,859 valued at $29.85 million in 2017Q3. (NASDAQ:CSCO). Salem Management reported 204,750 shares. During the same period in the prior year, the firm posted $0.61 earnings per share. equities research analysts anticipate that Cisco Systems, Inc. will post 2.21 EPS for the current year.

Among new and sold out positions, 73 holders initiated new positions by a total of 17.96 million shares and 83 holders exited their positions by a total of 13.67 million shares. Therefore 100% are positive. Cavium Networks Inc. had 68 analyst reports since July 31, 2015 according to SRatingsIntel. J.P. Morgan maintained the shares of CSCO in report on Wednesday, August 16 with "Hold" rating. On Thursday, June 29 the stock rating was maintained by William Blair with "Buy". (NASDAQ:CSCO). Bryn Mawr Trust has invested 1.29% in Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, December 14. Cowen & Co maintained the stock with "Buy" rating in Friday, November 3 report. ValuEngine upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating in a research note on Tuesday, September 26th. On Thursday, August 17 the stock rating was maintained by BMO Capital Markets with "Hold". The firm has "Hold" rating given on Friday, December 15 by Stifel Nicolaus. Regions has invested 0.97% in Cisco Systems, Inc. The firm has "Overweight" rating given on Thursday, August 18 by Piperjaffray. Pacific Crest has "Overweight" rating and $33 target.

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