Analysts Opinions on: Cisco Systems, Inc. (NASDAQ:CSCO)

Marco Green
March 13, 2018

The institutional investor held 291,595 shares of the technology company at the end of 2017Q3, valued at $9.81 million, up from 271,946 at the end of the previous reported quarter. The stock increased 1.76% or $0.65 during the last trading session, reaching $37.65. The shares were sold at an average price of $44.10, for a total transaction of $625,734.90.

Oppenheimer Asset Management Inc. raised its stake in Cisco Systems, Inc. It has underperformed by 4.59% the S&P500.

Klingenstein Fields & Co Llc increased its stake in Cisco Systems Inc (CSCO) by 58.88% based on its latest 2017Q3 regulatory filing with the SEC. Connor Clark & Lunn Investment Management Ltd sold 623,208 shares as the company's stock declined 7.50% while stock markets rallied. The institutional investor held 1,075 shares of the business services company at the end of 2017Q3, valued at $1.97 million, up from 373 at the end of the previous reported quarter.

Cisco Systems announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 14th that authorizes the company to repurchase $25.00 billion in shares. The stock increased 1.05% or $0.48 during the last trading session, reaching $46.03. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since March 13, 2017 and is uptrending. It has underperformed by 3.50% the S&P500. Its down 0.16, from 1.18 in 2017Q2. 107 funds opened positions while 619 raised stakes. Advisory holds 0.32% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 10,895 shares. Princeton Capital Management Inc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $219.00 billion market cap company. (NASDAQ:CSCO) for 637,489 shares.

Among 34 analysts covering (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Finally, Heritage Trust Co grew its stake in Cisco Systems by 1.2% in the second quarter. Perkins Coie Tru holds 1.47% or 84,065 shares in its portfolio.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. (NASDAQ:CSCO) or 159,537 shares. Capwealth Advsr Ltd Com holds 2.4% in Cisco Systems, Inc. (NASDAQ:CSCO) or 371,888 shares. LLC raised its holdings in shares of Cisco Systems by 0.3% during the second quarter. Bridges Counsel Inc owns 0.86% invested in Booking Holdings Inc. (NASDAQ:CSCO) for 417,484 shares. (NASDAQ:CSCO). Shelton Cap Mngmt has invested 1.2% in Cisco Systems, Inc. (NASDAQ:CSCO). Cardinal Management holds 1.46% or 137,849 shares in its portfolio. Advisory Rech owns 591,670 shares or 0.32% of their USA portfolio.

Analysts await Cisco Systems, Inc.

A number of other large investors have also bought and sold shares of CSCO. They expect $0.59 earnings per share, up 9.26% or $0.05 from last year's $0.54 per share. CSCO's profit will be $2.84B for 19.48 P/E if the $0.59 EPS becomes a reality. Moore Capital Mgmt Limited Partnership holds 0.41% of its portfolio in Cisco Systems, Inc.

Among 27 analysts covering Vale S.A. Ten investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 56% are positive. Davis R M Inc.'s holdings in Cisco Systems were worth $739,000 at the end of the most recent reporting period. The company was maintained on Thursday, May 19 by BMO Capital Markets. The firm earned "Hold" rating on Friday, July 28 by RBC Capital Markets. (NASDAQ:CSCO). Switzerland-based Robecosam Ag has invested 0.79% in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Ffcm LLC now owns 3,740 shares of the network equipment provider's stock worth $117,000 after buying an additional 3,564 shares in the last quarter. On Thursday, June 29 the stock rating was maintained by Robert W. Baird with "Buy". Cisco Systems's payout ratio is presently -362.50%. (NASDAQ:CSCO) on Thursday, June 29 with "Buy" rating. American Gru holds 11,669 shares. Piper Jaffray maintained the shares of CSCO in report on Tuesday, October 10 with "Buy" rating. Jefferies has "Buy" rating and $3700 target. Bank of America maintained Cisco Systems, Inc. Ladenburg initiated it with "Buy" rating and $15.0 target in Friday, February 16 report. (NASDAQ:CHRW) stake by 6,198 shares to 42,244 valued at $3.22 million in 2017Q3. Cornerstone Cap Management Holdg Limited stated it has 193,954 shares or 1.46% of all its holdings. Sysco (NYSE:SYY) was raised too.

Since September 18, 2017, it had 0 insider buys, and 5 selling transactions for $11.45 million activity. Shares for $740,883 were sold by Walker Karen. Also, Director M Michele Burns sold 12,126 shares of the stock in a transaction on Monday, February 26th. In the last three months, insiders sold 116,566 shares of company stock valued at $4,636,938.

In other news, Director Roderick C. Mcgeary sold 15,230 shares of Cisco Systems stock in a transaction that occurred on Thursday, December 14th. (NASDAQ:CSCO) on Thursday, December 14. Citigroup maintained the stock with "Buy" rating in Tuesday, February 13 report. Therefore 76% are positive. Piper Jaffray maintained Cisco Systems, Inc. The rating was upgraded by Nomura on Monday, February 12 to "Buy". (NYSE:CNS) on Wednesday, October 7 with "Mkt Perform" rating. JP Morgan maintained the shares of AMZN in report on Tuesday, September 27 with "Overweight" rating. The stock of Booking Holdings Inc. The company was maintained on Thursday, November 16 by UBS. The firm has "Underperform" rating by Macquarie Research given on Tuesday, August 4. CL King downgraded Heska Corporation (NASDAQ:HSKA) on Thursday, January 26 to "Neutral" rating. The stock has "Outperform" rating by Credit Suisse on Friday, January 22. Vetr cut Cisco Systems from a "buy" rating to a "hold" rating and set a $35.78 price target on the a report on Friday, November 17th.

Investors sentiment increased to 1.03 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. Motco invested in 268,262 shares. (NYSE:CNS). Gamco Investors Et Al holds 0.25% of its portfolio in Cohen & Steers, Inc. (NYSE:CNS) for 1.01M shares. Arrowstreet Capital Ltd Partnership reported 0% in Fidus Investment Corporation (NASDAQ:FDUS). 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported. This repurchase authorization permits the network equipment provider to repurchase shares of its stock through open market purchases. Villere St Denis J & Ltd Llc has 300 shares. (NYSE:CNS) for 205,600 shares. Glg Partners LP invested 0.16% of its portfolio in Booking Holdings Inc. Tower Llc (Trc) owns 2,191 shares for 0.01% of their portfolio. Atria Invs Ltd owns 8,890 shares for 0.02% of their portfolio. Midas Management owns 65,000 shares or 1.35% of their U.S. portfolio. Main Street Research Limited Company has 30,653 shares for 0.32% of their portfolio. (NASDAQ:AMZN). Huntington Steele Limited Liability has 23.8% invested in, Inc. Argi Inv has invested 0.02% in Bristol-Myers Squibb Company (NYSE:BMY).

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