RBC Capital Markets Reiterates "Outperform" Rating for Cisco Systems, Inc. (CSCO)

The company's stock had a trading volume of 6,974,402 shares. Old Second National Bank Of Aurora bought 14,591 shares as the company's stock declined 14.90% while stock markets rallied. It is 0.00% or $0 reaching $0 per share. Generac Holdings Inc. (NYSE:GNRC) has risen 0.51% since September 11, 2016 and is uptrending. It has outperformed by 16.77% the S&P500. Tortoise Investment Management LLC increased its holdings in Cisco Systems by 36.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider's stock valued at $104,000 after buying an additional 878 shares during the last quarter. The institutional investor held 210,888 shares of the technology company at the end of 2016Q4, valued at $6.37M, down from 261,844 at the end of the previous reported quarter. Blue Chip Partners Inc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $157.40B market cap company. The network equipment provider reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. Macquarie Group Ltd. increased its holdings in shares of Cisco Systems by 5.7% during the 4th quarter. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since September 11, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Jnba Financial Advisors increased Schwab Charles Corp New (NYSE:SCHW) stake by 47,079 shares to 50,625 valued at $2.00M in 2016Q4. Finally, Manchester Capital Management LLC raised its stake in Cisco Systems by 10.7% in the second quarter. Piper Jaffray Companies reiterated a "buy" rating and issued a $36.00 price target on shares of Cisco Systems in a report on Thursday, August 17th. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. Cisco Systems has a 1-year low of $29.12 and a 1-year high of $34.60. They now have a $35.00 price objective on the network equipment provider's stock. Cisco Systems Inc. had 108 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Wednesday, February 15 by Canaccord Genuity. (NASDAQ:CSCO) in a research note released on Friday. Fourteen equities research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company's stock. Vanguard Group Inc. increased its position in Cisco Systems by 2.1% in the second quarter. (NASDAQ:CSCO) has "Overweight" rating given on Monday, May 15 by Morgan Stanley. (NASDAQ:CSCO) earned "Buy" rating by RBC Capital Markets on Tuesday, June 20. The firm has "Buy" rating given on Thursday, August 18 by Deutsche Bank. The company had revenue of $12.13 billion during the quarter, compared to the consensus estimate of $12.07 billion. (NASDAQ:CSCO) on Wednesday, June 21 with "Hold" rating. Pacific Crest maintained it with "Overweight" rating and $30 target in Wednesday, January 13 report.

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) news were published by: which released: "Cisco Still Doesn't Have Any High-Growth Engines" on August 22, 2017, also with their article: "Cisco Systems: Slow-Motion Breakout?" published on August 31, 2017, published: "Are Options Traders Betting on a Big Move in Cisco Systems, Inc. (CSCO) Stock?" on September 07, 2017. More interesting news about Cisco Systems, Inc. Cisco Systems had a return on equity of 17.50% and a net margin of 21.73%. The stock decreased 1.93% or $1.13 during the last trading session, reaching $57.27.

Investors sentiment decreased to 1.07 in Q4 2016. Its down 0.02, from 1.09 in 2016Q3. 42 funds opened positions while 62 raised stakes.

In other Cisco Systems news, insider John T. Chambers sold 250,000 shares of the company's stock in a transaction dated Wednesday, August 23rd. Bluemountain Cap Mgmt Limited Liability Company reported 71,300 shares or 0.04% of all its holdings. First Allied Advisory Serv holds 0.26% or 168,854 shares in its portfolio. Great Point Partners Llc owns 870,261 shares or 0.85% of their United States portfolio.

A number of analysts have recently issued reports on CSCO shares. State Board Of Administration Of Florida Retirement System reported 0.66% stake. Fifth Third Bank owns 0.72% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 369,626 shares. Mufg Americas stated it has 0.73% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Davidson Investment Advsrs holds 0.88% or 204,493 shares. Tower Bridge Advsr has 0% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 3.36 million shares.

Since March 15, 2017, it had 0 insider purchases, and 3 selling transactions for $12.50 million activity. In the last ninety days, insiders have sold 350,642 shares of company stock worth $10,973,081. 7,802 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $244,125 were sold by Walker Karen. Apg Asset Mngmt Nv invested in 14.52M shares. It also upped Ishares Tr (IJH) stake by 281,469 shares and now owns 282,261 shares. It fall, as 89 investors sold RAI shares while 298 reduced holdings. BlackRock Fund Advisors now owns 76,469,687 shares of the network equipment provider's stock valued at $2,425,618,000 after buying an additional 2,147,608 shares during the last quarter. Legal & General Grp Inc Pcl holds 3.66 million shares. Swiss Fincl Bank reported 2.49M shares stake. Wade G W And owns 0.19% invested in Reynolds American, Inc.

Like this



11 September 2017
More than 100 Army officers move SC citing discrimination in Indian Army
As per the report, the Army Headquarters had called the services cadre (roughly 20 percent of the army) "non-operational". The petition also claimed that the Army Service Corps do not hold any kind of immunity under the Geneva Convention.

11 September 2017
Stoke City's Choupo-Moting delighted with brace against Manchester United
It seems that Manchester United is in the good form and it is predicted that they will win today's match against Stoke City . We've had two strong teams at home - Arsenal and Manchester United - and we did well both times, ' he concluded.

11 September 2017
Hard-working Cavalier Jae Crowder will be fan favorite, Jeff Schudel says
No time was it more on display than August 22, the day he was traded, which also coincided with the death of his mother. He made almost 40 percent of his 3-point attempts (197 of 394, 39.8 percent) with the Celtics past year .

11 September 2017
National Weather Service warns Florida Keys: 'TIME TO HUNKER DOWN'
Rainfall-From 1.5 to four inches, with locally heavier rainfall and the potential for localized flash flooding. The storm will cross over into south Georgia and the southeast corner of Alabama around 7 p.m.

11 September 2017
Traders Purchase High Volume of Put Options on Tractor Supply (NASDAQ:TSCO)
The company's revenue for the quarter was up 8.9% compared to the same quarter a year ago . 8,918 are owned by Tower Bridge Advsr. Motley Fool Wealth Management Llc bought 30,137 shares as the company's stock declined 20.24% while stock markets rallied.

11 September 2017
BMO Capital Markets Downgrades Brookfield Infrastructure Partners LP (BIP.UN) to Neutral
Tower Research Capital LLC TRC raised its position in Brookfield Infrastructure Partners by 2,000.0% during the second quarter. Raymond James downgraded Brookfield Infrastructure Partners L.P. (NYSE:BIP) on Monday, September 26 to "Outperform" rating.

11 September 2017
Russian President Putin says progress on North Korea impossible without dialogue
Putin reportedly argued that Russian Federation exports a negligible amount of oil to North Korea - about 40,000 tonnes a year. Experts say China is the key supplier, sending crude oil to its smaller neighbor through a pipeline.

11 September 2017
China's Military Practices For 'Surprise Attack' Over Sea Near Korea
The White House's prior military responses to North Korea's ICBM tests have China concerned that the feud could erupt into an all-out war.

11 September 2017
Bristol-Myers Squibb Company (BMY) is RE Advisers Corp's 10th Largest Position
It dropped, as 11 investors sold VSAR shares while 11 reduced holdings. 123 funds opened positions while 723 raised stakes. The fund owned 8,294 shares of the biopharmaceutical company's stock after selling 4,203 shares during the period.

11 September 2017
Bob Dylan and band to play Xcel Energy Center
Meanwhile, the Grateful Dead spin-off Dead & Company will include a November 24 stop at LCA as part of its fall tour. Now, hooked on the written word, he's Westword's Culture Editor and writes about music and the arts.