Cisco Systems, Inc. (CSCO) EPS Estimated At $0.59

Marco Green
April 30, 2018

The institutional investor held 10,168 shares of the technology company at the end of 2017Q4, valued at $389,000, down from 18,063 at the end of the previous reported quarter. Goeckeler David also sold $940,559 worth of Cisco Systems, Inc.

Cisco Systems stock traded up $0.50 during mid-day trading on Tuesday, reaching $44.71. About 185,954 shares traded.

Piper Jaffray reaffirmed their overweight rating on shares of Cisco Systems (NASDAQ:CSCO) in a research note released on Wednesday, April 18th, The Fly reports. The stock outperformed the S&P 500 by 14.02%. Park National Corp Oh holds 2.06% or 962,827 shares in its portfolio. (NASDAQ:CSCO) for 7,578 shares. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since April 28, 2017 and is downtrending. It has outperformed by 10.91% the S&P500.

Nuveen Asset Management Llc decreased Gds Hldgs Ltd stake by 180,220 shares to 708,365 valued at $15.96 million in 2017Q4. Finally, Goodman Financial Corp purchased a new stake in Cisco Systems in the 4th quarter worth approximately $115,000. Boston Properties Inc (NYSE:BXP) was reduced too.

Among 22 analysts covering Cisco Systems (NASDAQ:CSCO), 18 have Buy rating, 0 Sell and 4 Hold. FedEx had 116 analyst reports since August 14, 2015 according to SRatingsIntel. As per Thursday, November 16, the company rating was maintained by Barclays Capital. The firm has "Hold" rating by Sandler O'Neill given on Friday, January 12.

Moreover, Fairfield Bush has 0.14% invested in Cisco Systems, Inc. Mizuho maintained UnitedHealth Group Incorporated (NYSE:UNH) on Tuesday, July 18 with "Buy" rating. The rating was maintained by Jefferies with "Buy" on Friday, June 30. The company was maintained on Thursday, June 2 by Stifel Nicolaus. The stock has "Buy" rating by RBC Capital Markets on Wednesday, October 18.

Investors sentiment decreased to 0.76 in Q4 2017. (NASDAQ:TBBK). Eidelman Virant Cap invested in 0.57% or 98,000 shares. 492.05 million shares or 6.77% less from 527.77 million shares in 2017Q3 were reported. Moreover, Northern Tru has 0% invested in The Bancorp, Inc. (NASDAQ:TBBK). Brandywine Glob Invest Mngmt Limited Com holds 24,924 shares or 0% of its portfolio. 68,709 are held by Granite Prtn Limited Liability Corp. Fiera Capital accumulated 180,768 shares. Heathbridge Cap Mngmt has 6.12% invested in Cisco Systems, Inc. Beach Invest Counsel Pa has 1.38% invested in Energy Transfer Equity, L.P. (NYSE:ETE) for 820,937 shares. (NYSE:WGO). Tiaa Cref Inv Ltd Company reported 91,646 shares stake. First Manhattan stated it has 14,612 shares.

Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. 14,189 Cisco Systems, Inc. The stock was sold at an average price of $45.37, for a total value of $550,156.62. MCGEARY RODERICK C also sold $578,740 worth of Cisco Systems, Inc.

Investors sentiment increased to 1.03 in Q4 2017. It has change of 0.01, from 2017Q3's 1.02.

A number of large investors have recently bought and sold shares of the business.

A number of other hedge funds also recently made changes to their positions in CSCO. Strategic Advsr Ltd Liability Corporation holds 61,731 shares or 0.97% of its portfolio. Portfolio Solutions stated it has 0% in Cisco Systems, Inc.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 14th. The network equipment provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.02. (NASDAQ:CSCO). The Ohio-based Bowling Port Limited Liability Company has invested 0.16% in Cisco Systems, Inc. Segall Bryant & Hamill Ltd Llc has 0.14% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Twin Tree Limited Partnership, a Texas-based fund reported 9,244 shares. Thrivent Fincl For Lutherans holds 1.16% or 9.03M shares. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued. (NASDAQ:CSCO). Bellecapital Intl Ltd invested in 3.43% or 110,911 shares. Ntv Asset Lc owns 80,120 shares for 0.85% of their portfolio. Argent Trust Co raised its position in shares of Cisco Systems by 1.4% in the second quarter. (NASDAQ:CSCO). 130,000 were accumulated by Weiss Multi. Lingohr And Partner Asset Mngmt Gmbh has 22,600 shares for 0.46% of their portfolio. Argent Trust Co now owns 53,401 shares of the network equipment provider's stock valued at $1,532,000 after buying an additional 736 shares during the period. The ratio is positive due to Cisco Systems, Inc. positioning: 51 sold and 660 reduced.

In related news, Director Carol Bartz sold 15,000 shares of the stock in a transaction that occurred on Thursday, August 25th. Therefore 25% are positive. Winnebago Industries had 26 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with "Hold" on Wednesday, December 20. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.43 and a quick ratio of 2.38. Cisco Systems presently has an average rating of "Buy" and an average price target of $44.26. Finally, Goldman Sachs began coverage on Cisco Systems in a report on Wednesday, February 7th. Bellecapital has invested 3.43% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. The company was maintained on Thursday, November 16 by Cowen & Co. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) traded down 0.41% during midday trading on Wednesday, hitting $31.57. (NASDAQ:CSCO) to report earnings on May, 16. On Tuesday, June 13 the stock rating was maintained by Deutsche Bank with "Buy". Summit Grp Inc Llc owns 5,900 shares. Following the completion of the transaction, the director now owns 74,479 shares in the company, valued at $3,379,112.23.

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