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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

Latest


28 September 2017
Teck Resources Ltd (TECK) Stock Rating Reaffirmed by Deutsche Bank AG
ValuEngine cut Teck Resources from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, September 6th. BidaskClub downgraded Teck Resources from a "strong-buy" rating to a "buy" rating in a report on Friday, September 15th.

28 September 2017
Manchester City confirm Benjamin Mendy knee ligament damage
The left-back suffered the injury in Saturday's win over Crystal Palace , but the severity wasn't clear until now. In comes as a "major set-back" to Guardiola, who went all out to sign Mendy from Monaco in the summer.

28 September 2017
7 killed in auto bombing attack in Mogadishu
Al-Shabaab controls parts of central and southern Somalia and seeks to establish an Islamic state in the African country. The death toll is expected to increase, as some of the wounded are in serious condition.

28 September 2017
New Paper-Based Zika Test Can Diagnose Virus in 20 Minutes
Scientists have been successful in developing a novel paper-based test which can diagnose Zika infection in just 20 minutes. Striking the difference between Zika and Dengue has been the biggest challenge in diagnosing the former.

28 September 2017
Whitman Sells 1494094 Shares of Hewlett Packard Enterprise Company (HPE) Stock
Mutual of America Capital Management LLC grew its position in shares of Hewlett Packard Enterprise by 5.3% during the 1st quarter. On average, equities research analysts predict that Hewlett Packard Enterprise Company will post $1.40 EPS for the current year.

28 September 2017
Sweden manager angered by Jose Mourinho and Man United
You are right, he played well last season in the Europa League but last season was last season. I am content and I hope I will be in the team.

28 September 2017
Japan PM dissolves parliament for snap election
It was the first time in 15 years that a sitting Japanese leader attended the event - and the first time under the Abe government. Lower house members all stood up and chanted "banzai" three times in a dissolution ritual, then rushed out of the assembly hall.

28 September 2017
Ostapenko bests Puig to move into Wuhan quarterfinals
Rain in Uzbekistan meant these were the only two quarter-finals to be completed on Thursday. I obviously saw her playing sometimes, and I know that she's very aggressive player.

28 September 2017
FCC chair wants Apple to activate iPhone FM chips after disaster
But not iPhone users. "I applaud those companies that have done the right thing by activating the FM chips in their phones". The FM radio option comes with the Qualcomm chips installed on iPhones, and nearly every smartphone in the market.

28 September 2017
Trump Waives Jones Act Shipping Restrictions For Puerto Rico
Puerto Rico's unique territorial status and institutional constraints make the federal government's response very hard . According to all these reports , if the Jones Act did not exist, then neither would the public debt of Puerto Rico.



Recommended