Economy

Oppenheimer Holdings, Inc. Reaffirms "Buy" Rating for Cisco Systems, Inc. (CSCO)

The Dubuque Bank & Trust Company holds 331,603 shares with $10.38M value, up from 316,914 last quarter.

The company now has a P/E ratio of 17.62 and the market cap of the company is 165.79B. It closed at $38.01 lastly. It has underperformed by 76.89% the S&P500. (NASDAQ:CSCO) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Cisco Sys Inc Com now has $165.79B valuation. It closed at $33.48 lastly. (NASDAQ:CSCO) news were published by: Seekingalpha.com which released: "Cisco Systems, Inc.: Long Term Value Play" on September 20, 2017, also Seekingalpha.com with their article: "Cisco Systems: Slow-Motion Breakout?" published on August 31, 2017, Bloomberg.com published: "Cisco Cutting About 310 Headquarters Jobs Under Strategy Shift" on September 26, 2017. It has underperformed by 3.50% the S&P500. Fourteen equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company's stock. Therefore 40% are positive. Wells Fargo & Company reissued an "outperform" recommendation and given a $37.50 target price on the stock of Cisco Systems in a study report on early Mon, Jun 26th. Jefferies maintained PPL Corp (NYSE:PPL) rating on Tuesday, June 20. Citigroup has "Buy" rating and $55 target. The firm earned "Overweight" rating on Monday, August 15 by Barclays Capital. Evercore downgraded the shares of PPL in report on Monday, February 8 to "Hold" rating. As per Friday, October 9, the company rating was initiated by Drexel Hamilton. The firm earned "Hold" rating on Thursday, November 5 by Stifel Nicolaus. The stock has "Buy" rating by Citigroup on Tuesday, August 9. Riggs Asset Managment upped its stake in Cisco Systems by 23.1% through out the 1st period. The rating was maintained by Oppenheimer with "Buy" on Wednesday, August 16.

Analysts await Digital Realty Trust, Inc. For the same quarter last year, company reported $0.63 Earnings Per Share. financial stock experts estimate that Cisco Systems, to post $2.43 EPS for the full year. (NASDAQ:CSCO). Proffitt Goodson reported 0.62% stake. It also reduced its holding in Hartford Finl Svcs Group Inc (NYSE:HIG) by 119,678 shares in the quarter, leaving it with 1.06 million shares, and cut its stake in Progressive Corp Ohio (NYSE:PGR).

The value in dollars increased from $1,485,000 to $1,471,000,000 a change of $1,469,515,000 for the reporting period. The dividend payment will be $0.290 per share for the quarter which comes to $1.16 on an annualized basis. It increased, as 90 investors sold CSCO shares while 594 reduced holdings. 111 funds opened positions while 694 raised stakes. 475.65 million shares or 0.25% less from 476.86 million shares in 2017Q1 were reported. (NASDAQ:CSCO). Dodge & Cox stated it has 1.69% in Cisco Systems, Inc. Inc. now owns 4,393 shares of the network equipment provider's stock valued at $148,000 after buying an additional 823 shares during the last quarter. Sg Americas Securities Lc invested 0.34% in PPL Corp (NYSE:PPL). Curbstone Mngmt holds 8,786 shares or 0.2% of its portfolio. Teilinger Cap reported 809,350 shares or 52.86% of all its holdings. Perigon Wealth Management, LLC expanded its position by buying 6,394 shares an increase of 3.7%. In the latest earnings report the EPS was $1.90 and is expected to be $2.43 for the current year with 4,951,956,000 shares now outstanding. Also Nasdaq.com published the news titled: "Wednesday Sector Laggards: Utilities, Consumer Products" on September 27, 2017. The ex-dividend date of this dividend is Wednesday, October 4th. Silvercrest Asset Management Grp Ltd Llc holds 1.32% in Cisco Systems, Inc. Therefore 62% are positive. Berenberg Bank set a $33.00 price objective on shares of Cisco Systems and gave the company a hold rating in a research note on Saturday, July 1st. The company was maintained on Tuesday, June 13 by Deutsche Bank. Weatherly Asset Limited Partnership owns 0.75% invested in Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 13 with "Hold" rating. The stock has "Buy" rating by Argus Research on Friday, August 19. Moreover, Buffington Mohr Mcneal has 0.08% invested in Cisco Systems, Inc.

Cisco Systems, Inc. has a 52-week low of $29.12 and a 52-week high of $34.60. (NASDAQ:CSCO) on Wednesday, May 24. (NASDAQ:CSCO) earned "Neutral" rating by Macquarie Research on Monday, February 8. The stock has "Buy" rating by Robert W. Baird on Thursday, August 17. Finance Ptnrs Capital Mgmt Ltd Co has invested 1.79% in Cisco Systems, Inc. The firm has "Market Perform" rating given on Tuesday, May 9 by BMO Capital Markets. Bank of America downgraded the shares of SEE in report on Tuesday, September 15 to "Neutral" rating. (NASDAQ:CSCO) for 84,593 shares. About shares traded. Cisco Systems, Inc. Credit Suisse maintained Cisco Systems, Inc.

The network equipment provider posted $0.61 EPS for the period, hitting the Thomson Reuters' average forecast of $0.61. the company reported sales of $12.13 B for the period, compared to analysts' anticipations of $12.07 B. Cisco Systems had a net profit margin of 20.02% and a ROE of 16.91%. 7,802 shares valued at $244,125 were sold by Walker Karen on Sunday, June 11.

In other news, CAO Prat Bhatt sold 25,638 shares of the firm's stock in a transaction on Wednesday, September 13th.

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