Cisco beats on revenue and earnings but investors were not impressed

Cisco beats on revenue and earnings but investors were not impressed”

Its up 0.01, from 1.02 in 2017Q3. The fund owned 259,134 shares of the network equipment provider's stock after selling 9,128 shares during the period.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. It increased, as 51 investors sold CSCO shares while 660 reduced holdings. Cisco Systems has a 52-week low of $45.14 and a 52-week high of $45.54. Cisco forecast fiscal Q4 profit of 69 cents a share, in-line with estimates. On Wednesday, April 18 Piper Jaffray maintained the shares of CSCO in report with "Buy" rating. MCGEARY RODERICK C sold $578,740 worth of Cisco Systems, Inc. The Michigan-based fund Managed Asset Portfolios Llc holds 544,922 shares or 6.61% of their equity exposure. Ameriprise Financial Inc. boosted its stake in shares of Cisco Systems by 23.6% in the third quarter. The network equipment provider reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.04. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services.

Shares of Cisco Systems traded down $0.32, reaching $45.16, on Wednesday, MarketBeat reports. CSCO has also 15.55M shares volume. It has outperformed by 14.02% the S&P500. Corporate insiders own 0.05% of the company's stock. (NASDAQ:CSCO). Chatham Capital Gru holds 2.35% of its capital in Cisco Systems, Inc. Dumont And Blake Inv Advsrs Llc holds 0.89% or 57,048 shs in its capital. Community Ser Gp Limited Company holds 237,485 shs or 3.53% of its capital. Affinity Advisors Ltd Llc reported 431,242 shs. King Luther Mngmt Corp owns 579,753 shs for 0.18% of their capital. 200,000 Cisco Systems, Inc. They had declined 0.7 percent, to $45.16, in regular trading. (NASDAQ:CSCO). Finemark Commercial Bank And Tru has invested 1.13% in Cisco Systems, Inc. (CSCO), Week Volatility is 1.44%, whereas Month Volatility is at 2.11%. Palladium Prtnrs Ltd Liability holds 448,858 shares. Garland Cap Management accumulated 138,011 shs or 3.47% of the stock. Parallax Volatility Advisers Limited Partnership owns 115,480 shs. Commonwealth Of Pennsylvania School Empls Retrmt owns 442,197 shs.

If we look at the Volatility of Cisco Systems, Inc. On Tuesday, February 20 $625,751 worth of Cisco Systems, Inc. On Thursday, December 14 Shares for $7.59 million were sold by BARTZ CAROL. Goeckeler David sold $940,559 worth of stock or 20,671 shares. Cisco Systems now has $219.10B valuation.

According to 2017Q4 SEC form the Michael Novogratz increased its holdings in Cisco Sys Inc (CSCO) by 12.89%. Mitsubishi UFJ Asset Management UK Ltd. lifted its holdings in Cisco Systems by 320.0% during the 4th quarter. The positive are 83%. Beyond the revenue and earnings numbers, analysts will be looking for hints on how well the company's new products and business model are catching on. On Friday, November 17 the firm earned "Buy" rating by Argus Research. The firm earned "Buy" rating on Thursday, February 15 by Robert W. Baird. On Monday, February 12 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) rating. Cowen & Co has "Buy" rating and $42.0 target. On Wednesday, April 18 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) with "Buy" rating. JPMorgan Chase assumed coverage on Cisco Systems in a research report on Thursday, May 3rd. On Wednesday, February 14 the rating was maintained by BMO Capital Markets with "Hold". Bank of America downgraded Cisco Systems, Inc. The company rating was maintained by Bernstein on Monday, November 27. The stock presently has a consensus rating of "Buy" and a consensus target price of $45.20. The titles are as follows: "Cisco Still Holds Rank as Top Performing Dow Stock" released on May 05, 2018, "Cisco Systems Remains Top-Performing Dow Stock" on May 12, 2018, "Walmart, Cisco, Macy's and More Major Earnings Coming This Week" with a publish date: May 13, 2018, "Research Report Identifies Cisco, Denbury Resources, EMCOR Group, Control4, Yext, and Liberty TripAdvisor with ..." and the last "Cisco Systems Remains Top-Performing Dow Stock in 2018" with publication date: April 28, 2018.

Its opening price on the last trading day was $45.7.

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