Published: Sat, January 13, 2018
Business | By Max Garcia

Cisco Systems (CSCO) Stock Rating Upgraded by BidaskClub

However, the stock is trading at -0.35% versus recent highs ($40.24). About 6.90M shares traded.

Fisher Asset Management LLC grew its position in shares of Cisco Systems, Inc.

Park Avenue Securities Llc decreased its stake in Cisco Systems Inc (CSCO) by 46.21% based on its latest 2017Q3 regulatory filing with the SEC. Wespac Advisors Llc sold 63,221 shares as the company's stock declined 7.50% while stock markets rallied. The institutional investor held 369,055 shares of the technology company at the end of 2017Q3, valued at $12.41 million, up from 246,605 at the end of the previous reported quarter.

Traders are taking a closer look at shares of Cisco Systems Inc (CSCO) of late. About 15.68M shares traded.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 15th. It has underperformed by 3.50% the S&P500. (NASDAQ:CSCO) rating on Thursday, May 19. Therefore 67% are positive. The firm earned "Buy" rating on Thursday, June 29 by Drexel Hamilton. The company was maintained on Tuesday, September 5 by Jefferies. Finally, Credit Suisse Group reissued a "hold" rating and set a $35.00 price target on shares of Cisco Systems in a research report on Friday, October 6th. Vetr lowered shares of Cisco Systems from a "buy" rating to a "hold" rating and set a $34.13 price target for the a report on Monday, September 25th. On Friday, May 26 the stock rating was maintained by Jefferies with "Buy". The firm shows the market capitalization of $198.86 Billion. Sailingstone Capital Partners Llc bought 88,994 shares as the company's stock rose 28.43% with the market.

Among 28 analysts covering Applied Materials Inc. They expect $0.01 EPS, up 200.00% or $0.02 from last year's $-0.01 per share. The 14-day RSI is presently at 73.78, the 7-day is at 76.27, and the 3-day is resting at 80.90. The firm's quarterly revenue was down 1.7% compared to the same quarter a year ago. Royal National Bank Of Scotland Grp Inc Pcl owns 87,205 shares. $32,321 worth of The Boeing Company (NYSE:BA) was sold by Downey Thomas J. Verbeck Robert E had sold 2,522 shares worth $616,499.

Park Avenue Securities Llc, which manages about $5.63B and $323.80 million US Long portfolio, upped its stake in Exxon Mobil Corp Com (NYSE:XOM) by 4,583 shares to 14,172 shares, valued at $1.16M in 2017Q3, according to the filing.

Encana Corporation (ECA) held 983.09 million outstanding shares now.

Stock's free cash flow yield, which represents the amount of cash available to investors before dividends, expressed as a percentage of the stock price, is 1.18. Its up 0.24, from 0.82 in 2017Q2. It turned negative, as 74 investors sold CSCO shares while 637 reduced holdings. 165 funds opened positions while 367 raised stakes. 334.65 million shares or 1.31% more from 330.33 million shares in 2017Q2 were reported. Texas-based Fincl Management Professionals Inc has invested 0% in The Walt Disney Company (NYSE:DIS).

The market experts are predicting a 30.75% rally, based on the high target price ($64) for Oracle Corporation shares that is likely to be hit in the 52 weeks. Nomura Asset Management Ltd holds 1.86 million shares or 0.81% of its portfolio. Voya Inv Mgmt Limited Liability Company has 0% invested in Kosmos Energy Ltd. (NYSE:KOS). Hills Bancorporation & Tru Commerce owns 2,324 shares. It fall, as 43 investors sold HBI shares while 189 reduced holdings. MUR price is down almost 0.61% from its 52-week high price of $34.06 a share but is up about 35.19% from its 52-week low price of $22.21 a share. Wunderlich Cap Managemnt, Tennessee-based fund reported 46,734 shares. Df Dent And Company reported 66,196 shares or 0.06% of all its holdings.

Oracle Corporation by far traveled 26.85% versus a 1-year low price of $38.885. (NYSE:HBI). Barclays Public Ltd Com owns 1.06 million shares for 0.03% of their portfolio. Swiss Bankshares invested 0.65% of its portfolio in The Walt Disney Company (NYSE:DIS). Southeast Asset Advsr Inc reported 9,479 shares. Cornercap Investment Counsel Inc owns 10,795 shares or 0.11% of their USA portfolio. Pacad accumulated 0.51% or 9,093 shares. In order to determine directional movement, the 50-day and 200-day moving averages for Cisco Systems, Inc.

The Stock now has Analyst' mean Recommendation of 2.1 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel.

Heading into the stock price potential, Cisco Systems, far traveled -0.25% after crossing its median price target of $40. The company was maintained on Wednesday, November 15 by Piper Jaffray. Scotia Capital upgraded the stock to "Sector Outperform" rating in Friday, January 29 report.

The company's P/E ratio is now valued at 20.72, with a forward P/E of 15.39. (NASDAQ:CSCO) rating on Thursday, August 18. Deutsche Bank maintained the shares of CSCO in report on Thursday, August 18 with "Buy" rating. $821,900 worth of Cisco Systems, Inc. The firm earned "Buy" rating on Thursday, February 11 by UBS. (NASDAQ:CSCO) earned "Hold" rating by BMO Capital Markets on Thursday, August 17. Sun Life Financial stated it has 0.19% in Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, June 21 with "Buy" rating.

Since August 23, 2017, it had 0 insider purchases, and 7 insider sales for $23.51 million activity. Banced Corp now owns 14,143 shares of the network equipment provider's stock worth $442,000 after acquiring an additional 59 shares in the last quarter.

In other Cisco Systems news, SVP Karen Walker sold 5,786 shares of Cisco Systems stock in a transaction dated Wednesday, November 22nd. (NASDAQ:CSCO) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. Robbins Charles had sold 121,390 shares worth $3.89M. (NASDAQ:CSCO) or 250,000 shares. It also reduced its holding in Tiffany & Co (NYSE:TIF) by 12,423 shares in the quarter, leaving it with 750 shares, and cut its stake in City Office Reit Inc (NYSE:CIO). Cisco Systems has a 1-year low of $22.46 and a 1-year high of $31.95. (NASDAQ:CSCO) to report earnings on February, 21.

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