ibusinesslines.com
ibusinesslines.com October 22, 2017


Cisco Systems, Inc. (CSCO) Rating Reiterated by Jefferies Group LLC

10 October 2017, 07:35 | Jodi Jackson

The stock rose 0.86% or $0.4 reaching $47.01 per share. About 851 shares traded. Fisher Asset Management LLC increased its holdings in Cisco Systems by 2.4% during the second quarter. This works out to a net decrease in ownership of 31.13 million shares, and suggests that institutions are feeling bearish about the stock. Norges Bank acquired a new position in shares of Cisco Systems during the fourth quarter worth about $1,306,395,000.

What Historical Figures Say About Cisco Systems, Inc. (CSCO) stock showed the move of 0.48% with the closing price of $33.75. Overall, 8.72 Million shares exchanged hands versus its average trading volume of 19.71 Million shares. Additionally Cisco Systems, Inc. declared a dividend for shareholders payable on Wednesday the 25th of October 2017. It has underperformed by 3.50% the S&P500.

Many analysts have provided their estimated foresights on Cisco Systems, Inc. (NASDAQ: CSCO) is noted at 0.42. Therefore 17% are positive. In the most recent financial results released by Cisco Systems, Inc., for the quarter ending on 2017-07-31, the company posted EPS of 0.61. Pacific Crest maintained Cisco Systems, Inc. Of the 28 analysts surveyed by Reuters that track CSCO 10 of them rate its stock a hold. The rating was reinitiated by Stifel Nicolaus with "Hold" on Friday, November 18. (NASDAQ:CSCO) for 271,946 shares.

COPYRIGHT VIOLATION NOTICE: "Cisco Systems, Inc". Drexel Hamilton maintained the shares of CSCO in report on Tuesday, August 15 with "Buy" rating. (NASDAQ:CSCO) for 139,847 shares.

It tells an investor how quickly a company is increasing its revenues. However, weekly performance stands at 0.36%. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Barclays Pcl reported 49,937 shares or 0% of all its holdings.

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) for 16,686 shares. The stock of Fortress Investment Group LLC (NYSE:FIG) has "Hold" rating given on Thursday, August 3 by Keefe Bruyette & Woods. (NASDAQ:CSCO) on Wednesday, June 14. Its shares have trimmed -4.92% since hitting a peak level of $19.53 on March 01, 2017. Boyd Watterson Asset Limited Liability Oh holds 0.6% or 37,327 shares.

In terms of Cisco Systems, Inc. Palisades Hudson Asset Limited Partnership, Florida-based fund reported 7,406 shares. Clearbridge Invests Limited Liability Corporation invested in 0.05% or 1.11M shares. 182.42 million shares or 6.81% more from 170.79 million shares in 2017Q1 were reported. Azimuth Capital Management Ltd Liability Corp holds 0.93% in Cisco Systems, Inc. Balyasny Asset Mgmt Ltd Liability owns 79,095 shares for 0.01% of their portfolio. Compton Cap Management Ri holds 2.97% or 207,896 shares in its portfolio. About 135 shares traded. Cisco Sys Inc now has $167.13 billion valuation. (NASDAQ:CSCO) for 202,338 shares.


Company shares last traded at $33.75 just above $32.39, the 50 day moving average and which is just over the 200 day moving average of $32.37. The network equipment provider reported $0.61 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.61. After $0.49 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts -2.04% negative EPS growth.

Since May 24, 2017, it had 0 insider purchases, and 3 sales for $12.50 million activity. 7,802 shares valued at $244,125 were sold by Walker Karen on Sunday, June 11.

Skylands Capital Llc increased Apogee Enterprises Inc (APOG) stake by 118.82% reported in 2017Q2 SEC filing. 295,537 shares were sold by CHAMBERS JOHN T, worth $9.31M on Wednesday, May 24. The legal version of this piece of content can be accessed at https://weekherald.com/2017/10/10/cisco-systems-inc-csco-rating-reiterated-by-jefferies-group-llc.html. Cisco Systems, Inc. (NASDAQ:CSCO)'s short interest is 56.97 million shares, or % of the float.

Among 8 analysts covering BCE Inc. Therefore 100% are positive. BCE Inc. had 20 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating by Jefferies given on Friday, June 30. The firm's stock has a market capitalization of $168.58 bln. On Wednesday, October 14 the stock rating was downgraded by Wells Fargo to "Market Perform". Macquarie Research downgraded Cisco Systems, Inc. The firm's revenue was down 4.0% on a year-over-year basis. The company was maintained on Monday, September 18 by Needham. (USA) (NYSE:BCE) has "Neutral" rating given on Thursday, May 26 by Citigroup.

More notable recent BCE Inc.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. "Tops 14 "Safer" Dividend Communication Services Dogs For September" on September 25, 2017.

Ranger International Management Lp, which manages about $535.99M and $21.94 million US Long portfolio, decreased its stake in Lyondellbasell Inds Nv (NYSE:LYB) by 10,020 shares to 4,795 shares, valued at $405,000 in 2017Q2, according to the filing. This dividend amount will represent a yield of $3.47.



Other News

Trending Now

Yogi Adityanath govt proposes 'grand statue' of Ram at Ayodhya river banks
But the the state government had sent a detailed project report (DPR) of Rs 195.89 crore to the Tourism Ministry at the Centre. Later, Chief Minister Yogi Adityanath and Governor Ram Naik will be announcing a number of development projects for Ayodhya .

Trump calls for tax law changes for National Football League over protests -Twitter post
Trump then also took to Twitter, saying that he had asked Pence to walk out of the stadium if the game saw any anthem protests. The NFL gave up its federal tax-exempt status a couple years ago and now files tax returns as a taxable entity.

Fukushima residents to get US$4.5m compensation
Triggered by a 9.1-magnitude natural disaster , the tsunami overwhelmed reactor cooling systems, sending three into meltdown at the plant.

Saudi Arabia, India 'can unlock huge growth opportunities'
Amin H Al-Nasser at CERAWeek petroleum summit said, "India has all the signs of a prosperous economy that is on the move. Saudi Aramco through its subsidiary ARAMCO Asia India (AAI) established its formal business presence in India in 2016.

Watch Stephen Colbert And Jon Stewart Try To Give Trump 'Equal Time'
When it was Stewart's turn to say something positive, he ran into a bit of trouble coming up with exactly what to say. Will Trump give humanity the rose? Eventually, Stewart was unable to hold back any longer. "I choose the latter".

Liverpool's Mane facing six weeks out with hamstring injury
Mane scored in each of Liverpool's first three matches of the season and was named the EA SPORTS Player of the Season for August. Mane was taken off with a minute remaining in Senegal's 2-0 World Cup qualifying win over Cape Verde Islands on Saturday.

Hellblade: Senua's Sacrifice Donating All Proceeds Today To Mental Health Charity
Ninja Theory launched a new trailer for the game yesterday showcasing player submitted photos, taken using the game's photo mode. If you've been holding back on picking it up, today is the ideal opportunity to grab an excellent game and do some good.