Published: Fri, December 08, 2017
Business | By Max Garcia

RiverPoint Capital Management LLC Reduces Position in Cisco Systems, Inc. (CSCO)

The stock increased 0.27% or $0.1 during the last trading session, reaching $37.41. As trades near 52 week high, opportunity for traders to open positions in stocks which are trading below fair value leading to huge potential in long term.

Cisco Systems, Inc. (NASDAQ:CSCO), maintained return on investment for the last twelve months at 9.48, higher than what Reuters data shows regarding industry's average. It has underperformed by 42.11% the S&P500. (NASDAQ:CSCO). Buckingham Capital has invested 0.8% in Cisco Systems, Inc. Its down 39.43% from 1.63 million shares previously. Also, insider John T. Chambers sold 250,000 shares of the company's stock in a transaction dated Wednesday, November 22nd. (NASDAQ:CSCO). First Heartland Consultants Inc holds 0.26% of its portfolio in Cisco Systems, Inc. It closed at $37.41 lastly. MRC Global Inc. (MRC) has risen 52.93% since December 7, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Since June 11, 2017, it had 0 insider purchases, and 2 insider sales for $3.19 million activity. The insider Walker Karen sold $244,125. The United Kingdom-based Ardevora Asset Management Llp has invested 1.05% in the stock. Its down 0.06, from 1.04 in 2017Q1. It improved, as 48 investors sold DaVita Inc. shares while 135 reduced holdings. 91 funds opened positions while 275 raised stakes. South Dakota Council, South Dakota-based fund reported 254,516 shares. (NYSE:DVA). Baring Asset Mngmt Limited invested 0.08% of its portfolio in DaVita Inc. (NYSE:DVA). Aperio Grp Limited has invested 0.03% in DaVita Inc. Motco accumulated 34,440 shares. Pitcairn invested in 29,089 shares. Ameritas Invest invested 0.15% of its portfolio in Monsanto Company (NYSE:MON). 383,437 are held by Eubel Brady And Suttman Asset Management Inc. Services Automobile Association reported 0.01% stake. Checchi Cap Advisers Lc owns 55,600 shares. Apg Asset Mgmt Nv has 0.14% invested in Monsanto Company (NYSE:MON) for 642,978 shares. Hap Trading Ltd owns 49,187 shares or 0.08% of their U.S. portfolio. Royal Natl Bank Of Scotland Gru Public Ltd Com owns 558,175 shares or 4.04% of their USA portfolio. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty-one have assigned a buy rating to the company. Therefore 100% are positive. Monsanto Company had 60 analyst reports since August 25, 2015 according to SRatingsIntel. On Wednesday, November 2 the stock rating was maintained by Scotia Capital with "Outperform". (NASDAQ:CSCO) earned "Buy" rating by UBS on Thursday, June 16. The company was maintained on Wednesday, August 16 by Oppenheimer. The stock has "Market Perform" rating by Cowen & Co on Friday, September 16. The firm has "Buy" rating by Argus Research given on Friday, August 19. RBC Capital Markets initiated Monsanto Company (NYSE:MON) rating on Thursday, February 23. The firm has "Buy" rating given on Monday, October 9 by RBC Capital Markets. Finally, Welch & Forbes LLC boosted its position in Cisco Systems by 6.9% during the first quarter. The firm has "Buy" rating by Deutsche Bank given on Thursday, September 15.

Bearing it in mind, the company saw a yearly performance of 27.55% for 2017 and its weekly volatility showed 1.62%. Its up 0.03, from 0.95 in 2017Q1.

Analysts believe asset might find it hard to meet investors expectations in terms of future growth, likewise the PEG ratio of the company now trades at 2.09 times which is relatively reasonable for a company of the size of Cisco Systems, Inc. considering Technology sectors earnings growth rate of 1.8, company has steady positive earnings growth trend of 2.09. Brown Advisory Inc stated it has 0.14% of its portfolio in 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. Hermes Invest Mgmt Limited holds 14,175 shares or 0.01% of its portfolio. (NASDAQ:CSCO). Ancora Advsr Ltd Llc holds 0.33% or 164,511 shares in its portfolio. Jacobs Levy Equity Mgmt invested in 0.01% or 15,150 shares. "(CSCO) Holdings Lifted by Gareth Morgan Investments Limited Partnership" was reported by TrueBlueTribune and is the property of of TrueBlueTribune. (NASDAQ:CSCO). Shoker Inv Counsel Inc has invested 1.56% in Cisco Systems, Inc. (NASDAQ:CSCO) opened at $37.41 on Thursday. First Mercantile Trust holds 0.62% or 109,760 shares in its portfolio.


More notable recent Cisco Systems, Inc. Cap Counsel Ltd Liability Company New York owns 18,182 shares. Arcadia Invest Mngmt Mi stated it has 2,725 shares. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, June 21 with "Hold" rating. Therefore 50% are positive. Cisco Systems Inc. had 131 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Drexel Hamilton with "Buy" on Tuesday, August 15. As per Friday, November 18, the company rating was reinitiated by Stifel Nicolaus. Finally, Vetr raised Cisco Systems from a "hold" rating to a "buy" rating and set a $35.02 price target on the stock in a research report on Wednesday, September 6th. (NASDAQ:CSCO) earned "Buy" rating by Wells Fargo on Friday, July 21. The rating was downgraded by Goldman Sachs to "Buy" on Monday, February 8. The rating was maintained by Bernstein on Thursday, June 29 with "Buy". On Tuesday, June 13 the insider JIGANTI JEANINE MARIE sold $123,665. Cisco Systems had a return on equity of 16.64% and a net margin of 20.26%. The firm had revenue of $12.14 billion for the quarter, compared to analysts' expectations of $12.11 billion.

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