Economy

Cisco Systems, Inc. (CSCO) Rating Reiterated by Needham & Company LLC

Tompkins Financial Corp acquired 72,110 shares as Cisco Sys Inc Com (CSCO)'s stock declined 7.50%. Washington Trust Bank now owns 113,153 shares of the network equipment provider's stock valued at $3,542,000 after buying an additional 2,726 shares in the last quarter. The stock rose 0.77% or $0.05 reaching $6.55. It has outperformed by 10.18% the S&P500. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 0.21% in Cisco Systems, Inc. Hilliard Lyons downgraded the shares of WGL in report on Wednesday, March 15 to "Underperform" rating. CSCO's profit will be $2.72 billion for 15.46 P/E if the $0.55 EPS becomes a reality. Kidder Stephen W invested 0.29% of its portfolio in Cisco Systems, Inc. The stock declined 1.65% or $0.57 reaching $33.93 on the news. $2.94 million worth of Cisco Systems, Inc.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 16th. It has underperformed by 3.50% the S&P500. Wells Fargo & Company reiterated an outperform rating and issued a $37.50 price target on shares of Cisco Systems in a research note on Monday, June 26th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and twenty-one have issued a buy rating to the company. Therefore 62% are positive. Cisco Systems Inc. had 116 analyst reports since August 4, 2015 according to SRatingsIntel.

COPYRIGHT VIOLATION WARNING: "Cisco Systems, Inc".

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The firm has "Hold" rating given on Friday, July 28 by Credit Suisse. The company was maintained on Thursday, August 13 by Goldman Sachs. (NASDAQ:CSCO) has "Buy" rating given on Thursday, August 18 by Drexel Hamilton. (NASDAQ:CSCO) rating on Wednesday, October 11. The rating was maintained by Citigroup with "Buy" on Thursday, August 18. Cisco Systems's quarterly revenue was down 4.0% compared to the same quarter previous year. Vetr raised Cisco Systems from a "hold" rating to a "buy" rating and set a $35.02 target price for the company in a research note on Wednesday, September 6th. The stock of Cisco Systems, Inc. Robert W. Baird reiterated a "buy" rating and issued a $38.00 price target on shares of Cisco Systems in a research report on Monday, September 11th.

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.14, from 1.04 in 2017Q1. Tower Research Capital Llc Trc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $169.25 billion market cap company. Boothbay Fund Management LLC bought a new position in Cisco Systems during the first quarter valued at $367,000. Following the completion of the transaction, the chief executive officer now owns 629,813 shares of the company's stock, valued at $19,530,501.13. Tributary Management Ltd Llc stated it has 23,100 shares. Arizona State Retirement Sys holds 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG) for 39,760 shares. Holderness Investments Co. boosted its stake in Cisco Systems by 12.1% during the first quarter. (NASDAQ:CSCO). Hoertkorn Richard Charles holds 48,270 shares. During the same period past year, the business earned $0.59 earnings per share. Ontario - Canada-based Fincl Bank Of Montreal Can has invested 0% in WGL Holdings Inc (NYSE:WGL). (NASDAQ:CSCO). First Advisors LP reported 9.86M shares stake. Zeke Capital Advisors LLC lifted its stake in Cisco Systems by 91.6% during the third quarter. Tiedemann Wealth Management Ltd Company reported 90,255 shares. The firm owned 152,990 shares of the network equipment provider's stock after purchasing an additional 14,395 shares during the period. The company has market cap of $10.17 billion. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).

Since May 24, 2017, it had 0 insider purchases, and 3 insider sales for $12.50 million activity. CHAMBERS JOHN T had sold 295,537 shares worth $9.31 million. (NASDAQ:CSCO). Jefferies Lc accumulated 163,247 shares or 0.03% of the stock. On Sunday, June 11 the insider Walker Karen sold $244,125. It also upped Goodyear Tire And Rubr Com (NASDAQ:GT) stake by 16,730 shares and now owns 37,030 shares.

Investors sentiment increased to 1.18 in Q2 2017. Panagora Asset accumulated 0% or 330,160 shares.

Several other institutional investors and hedge funds have also modified their holdings of CSCO. 20 funds opened positions while 49 raised stakes. Liberty Mutual Group Asset Management has invested 0.07% in WGL Holdings Inc (NYSE:WGL). They expect $0.55 EPS, 0.00% or $0.00 from last year's $0.55 per share. Gamble Jones Invest Counsel holds 0.18% or 53,634 shares in its portfolio. Investors of record on Thursday, October 5th were given a $0.29 dividend. Legacy holds 2.05% or 121,269 shares in its portfolio. Rsp Permian Inc (NYSE:RSPP) was raised too. Can now owns 9,852,762 shares of the network equipment provider's stock valued at $307,899,000 after purchasing an additional 417,886 shares in the last quarter. Findlay Park Partners Llp owns 2.48 million shares. Hutchin Hill Cap LP reported 267,702 shares. Provise Mngmt Gp Limited Liability has invested 0.08% in Zoetis Inc (NYSE:ZTS). Prudential Public Ltd, Illinois-based fund reported 12.16M shares.

Among 5 analysts covering Banco Macro SA (NYSE:BMA), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Zoetis Inc has $76.0 highest and $48 lowest target. The stock was sold at an average price of $31.14, for a total value of $7,785,000.00. WGL Holdings had 7 analyst reports since January 6, 2016 according to SRatingsIntel. Seaport Global initiated the stock with "Neutral" rating in Friday, December 2 report. The stock has "Buy" rating by Deutsche Bank on Tuesday, June 13. Also, SVP Prat Bhatt sold 25,706 shares of the firm's stock in a transaction on Tuesday, September 13th. BMO Capital Markets maintained Zoetis Inc (NYSE:ZTS) rating on Monday, August 7. The rating was maintained by Credit Suisse on Wednesday, June 21 with "Buy".

- 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


10 November 2017
Resignation of Saad Hariri as Lebanon leader still a mystery
The missile, which was launched from Yemen, did not cause any major damage and was destroyed near Riyadh's King Khalid International Airport.

10 November 2017
'Stranger Things' unscripted kiss 'stressed out' actress Sadie Sink
You then have to choose an image from your computer, which is converted into a little on-screen polaroid snap for Dart to devour. If you have some time to kill, I suppose it's a fast and simple way to preoccupy yourself for a while.

10 November 2017
Government offices close Friday for Veteran's Day
Sherrill American Legion Post 230 will host a Veterans Day ceremony Saturday at 11 a.m., November 11 in Memorial Park. This also includes the Woodward Public Library and the Plains Indians and Pioneers Museum.

10 November 2017
How Blues could look if they sign Arturo Vidal
The report also claims Bayern are unhappy with Vidal's performances and are unsure he can rediscover his best form. Vidal has been repeatedly linked with the Blues after he worked under Conte during his time at Juventus.

10 November 2017
Samsung Galaxy A5 with Infinity Display coming
Samsung is planning to launch its Galaxy A (2018) series in early 2018 and they are rumored to feature an infinity display. We can also assume that the Galaxy A7 (2018) will also get the similar display as Samsung always maintains uniformity.

10 November 2017
State Bank Of India (SBI) Q2 Profit Misses Estimates
It had reported a net profit of Rs 62.41 crore in the July-September quarter a year ago, India Cements informed BSE. Similarly, the net NPAs rose to 5.43 per cent from 4.19 per cent.

10 November 2017
'I Loved Him': Donna Brazile Chokes Up Over Seth Rich
Some said it is making them think about what the Democratic party should do differently in the next election. Trump, she said, is "divisive, xenophobic and racist (and) unable to bring the country together".

10 November 2017
State Police Share Video of Trooper Hitting Deer as Warning for Drivers
A CT state trooper hit a deer on Route 9 Monday and state police have shared the video as a warning to drivers. Drivers were advised to reduce speed "as quickly, but as safely, as possible".

10 November 2017
Bed Bath & Beyond Inc. (BBBY) Shares Bought by Toronto Dominion Bank
The Wisconsin-based Johnson Gru has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Wednesday, January 27 to "Sell" rating. Bed Bath & Beyond Inc now has $2.89B valuation. (NASDAQ:BBBY) has declined 16.34% since November 9, 2016 and is downtrending.

10 November 2017
Are all Russia ties now sinister, or just business?
The latest haul contains 13.4 million documents mainly from Appleby, an offshore law firm with offices in Bermuda and beyond. The US imposed sanctions on Russian entities and individuals following its annexation of Crimea and aggression in Ukraine.



Recommended