Cisco Profit, Revenue Outlook Above Estimates; Shares Pop

Thursday, 16 Nov, 2017

Adams Asset Advisors Llc acquired 15,540 shares as Macys (M)'s stock declined 28.76%. Cisco Sys Inc now has $168.73B valuation. In the last three months, insiders sold 485,138 shares of company stock worth $15,347,574. (LBAI) has risen 69.96% since November 15, 2016 and is uptrending. It has underperformed by 3.50% the S&P500. Eads & Heald Investment Counsel now owns 42,453 shares of the network equipment provider's stock valued at $1,329,000 after buying an additional 5,765 shares during the period. Bp Plc Adr now has $128.91 billion valuation. Following the transaction, the senior vice president now owns 192,774 shares of the company's stock, valued at $6,180,334.44. About 971,424 shares traded. It is down 0.00% since November 14, 2016 and is. It has outperformed by 4.02% the S&P500.

Asia Pacific, Japan and China sales fell 1%. Following the sale, the insider now owns 729,305 shares in the company, valued at approximately $22,710,557.70. Jacoby Rebecca sold $2.94 million worth of stock or 92,840 shares. Vanguard Group Inc. increased its position in Cisco Systems by 2.2% during the second quarter.

Investors sentiment increased to 1.18 in 2017 Q2. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. (NASDAQ:CSCO). New Mexico Educational Retirement Board stated it has 0.71% in Cisco Systems, Inc. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2017/11/15/cisco-systems-inc-csco-holdings-raised-by-ballentine-partners-llc.html.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 16th. (NASDAQ:CSCO) for 82,959 shares. (NASDAQ:CSCO). Colony Grp Inc Inc Llc holds 1.2% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 17,489 shares. Research Global Investors stated it has 0.18% in Cisco Systems, Inc. (NASDAQ:CSCO). Perritt Cap Management Inc holds 8,956 shares. Proshare Advsrs Limited Com holds 0.67% of its portfolio in Cisco Systems, Inc. Moreover, Bnp Paribas Arbitrage Sa has 0.49% invested in General Electric Company (NYSE:GE). Finally, Pioneer Investment Management Inc. lifted its holdings in Cisco Systems by 5.2% in the first quarter. Umb National Bank N A Mo has invested 0.12% in Cisco Systems, Inc. Therefore 67% are positive. Equities research analysts predict that Cisco Systems will post $2.37 earnings per share for the current year.

In the market the company is trading up since yesterday's close of 34.04. Robert W. Baird reissued a "buy" rating and set a $38.00 target price on shares of Cisco Systems in a research note on Monday, September 11th. $244,125 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, October 31 to "Mixed" rating. Credit Suisse maintained Cisco Systems, Inc. The company was maintained on Thursday, May 19 by Barclays Capital. Liberum Capital upgraded the stock to "Buy" rating in Tuesday, September 15 report. It also reduced Halyard Health Inc stake by 141,000 shares and now owns 382,315 shares. Victory Portfolios Ii was reduced too. Its down 0.16, from 0.93 in 2017Q1. 101 funds opened positions while 392 raised stakes. Creative Planning reported 400 shares. Great West Life Assurance Can reported 13,494 shares. Foundry Partners Limited reported 279,360 shares or 0.89% of all its holdings.

Cisco Profit, Revenue Outlook Above Estimates; Shares Pop
Cisco Profit, Revenue Outlook Above Estimates; Shares Pop

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 4.01%, and has a solid year to date (YTD) performance of 12.64% which means that the stock is constantly adding to its value from the previous fiscal year end price. Papp L Roy & Associates holds 36,422 shares. 27,800 were reported by Anchor Capital Advsr Ltd Liability. 70 are held by Pnc Financial Ser Group. Sageworth Trust, a Pennsylvania-based fund reported 2,180 shares. Cincinnati Corporation has invested 3.54% in Cisco Systems, Inc.

Analysts await Lakeland Bancorp, Inc. The stock declined 1.35% or $0.53 reaching $39.08 per share. The company said that it had $0.61 in earnings per share (EPS) and $12.1 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $0.60 in EPS on $12.11 billion in revenue. November 3 investment analysts at Cowen and Company left the company rating at "Buy" with a current price target of $38.00. Therefore 26% are positive.

Among 37 analysts covering Cisco Systems Inc.

October 24 investment analysts at Needham & Company LLC maintained a "Hold" rating on the company. Deutsche Bank has "Buy" rating and $33 target. The firm earned "Hold" rating on Wednesday, August 16 by J.P. Morgan. The rating was maintained by KeyBanc Capital Markets on Thursday, August 18 with "Overweight". The rating was maintained by Goldman Sachs on Thursday, August 13 with "Buy".