Economy

Cisco Systems Inc (CSCO) Stake Increased by Nordea Investment Management AB

Cisco Systems Inc (CSCO) Stake Increased by Nordea Investment Management AB

Cisco Sys Inc now has $168.31B valuation. They now have a $33.00 price objective on the network equipment provider's stock. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since November 12, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Rnc Capital Management Llc decreased Boeing Company (BA) stake by 43.02% reported in 2017Q2 SEC filing. Over the last quarter, insiders have sold 485,138 shares of company stock worth $15,347,574. The Hikari Power Ltd holds 163,890 shares with $5.13 million value, down from 235,100 last quarter. Boeing Company now has $154.26 billion valuation. About 4.68M shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since November 12, 2016 and is uptrending. It has underperformed by 4.27% the S&P500.

Among 20 analysts covering Sap Ag (NYSE:SAP), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. The stock has an average rating of "Buy" and a consensus price target of $35.26. Jefferies maintained Boeing Co (NYSE:BA) rating on Tuesday, May 30. Berenberg Bank's target price indicates a potential downside of 2.91% from the stock's current price. Morgan Stanley downgraded BorgWarner Inc.

In other news, insider John T. Chambers sold 250,000 shares of the firm's stock in a transaction on Wednesday, August 23rd. The rating was upgraded by Buckingham Research to "Neutral" on Thursday, February 18. The company was maintained on Monday, January 25 by Barclays Capital. The firm has "Buy" rating by Deutsche Bank given on Wednesday, September 14. Tealwood Asset Management Inc. grew its holdings in shares of Cisco Systems by 1.1% in the 1st quarter. Vision owns 36,041 shares. Phillips 66 (NYSE:PSX) was raised too.

Investors sentiment increased to 1.18 in 2017 Q2. Its down 0.11, from 1.19 in 2017Q1. It increased, as 39 investors sold MANH shares while 84 reduced holdings. 146 funds opened positions while 731 raised stakes. 419.99 million shares or 3.18% less from 433.79 million shares in 2017Q1 were reported. (NASDAQ:CSCO) for 120,000 shares. Haverford Inc holds 7,568 shares. Sls Mgmt Limited Company reported 1.63% stake. Silvercrest Asset Grp Ltd Liability Corporation has 0.3% invested in BorgWarner Inc.

Papp L Roy & Associates decreased Cvs Health Corp (NYSE:CVS) stake by 7,399 shares to 6,349 valued at $511,000 in 2017Q2. Following the completion of the sale, the chief executive officer now directly owns 552,694 shares in the company, valued at $17,719,369.64. Rampart Invest Management Ltd Llc accumulated 65,041 shares. The company has market cap of $10.98 billion. (NASDAQ:CSCO). Cordasco Financial holds 900 shares. Conestoga Cap Limited Liability Co owns 3,341 shares or 0.02% of their USA portfolio. 53,343 were reported by Foster Dykema Cabot Ma.

State of Wisconsin Investment Board boosted its holdings in shares of Cisco Systems, Inc. During the same period in the prior year, the business earned $0.63 earnings per share. They expect $0.55 earnings per share, 0.00% or $0.00 from last year's $0.55 per share. CSCO's profit will be $2.72B for 15.45 P/E if the $0.55 EPS becomes a reality. After $0.55 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. Ls Advsr Limited Liability Company reported 248,524 shares. It also upped Visa Inc Com Stock Us$0.0001 (NYSE:V) stake by 110,207 shares and now owns 487,506 shares. Pacad Invest Limited has 0.01% invested in CenterPoint Energy, Inc.

More news: Boston Partners Has $53.03 Million Stake in Express Scripts Holding Company (ESRX)

Conning Inc. raised its stake in shares of Cisco Systems, Inc.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 17 have Buy rating, 2 Sell and 13 Hold. Therefore 62% are positive. Riggs Asset Managment reported 0.06% of its portfolio in Cisco Systems, Inc. On Friday, August 19 the stock rating was maintained by Argus Research with "Buy". The firm earned "Hold" rating on Monday, September 11 by Goldman Sachs. Nomura maintained JPMorgan Chase & Co. The firm has "Buy" rating by Drexel Hamilton given on Friday, October 9. On Friday, October 6 the stock rating was maintained by BMO Capital Markets with "Hold". Nomura maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, May 19. RBC Capital Markets has "Top Pick" rating and $70 target. Cowen and Company reissued a "buy" rating and issued a $38.00 price target on shares of Cisco Systems in a research note on Friday, November 3rd. Kidder Stephen W invested 0.29% of its portfolio in Cisco Systems, Inc. The rating was maintained by Piper Jaffray with "Buy" on Tuesday, October 10.

Investors sentiment increased to 1.18 in Q2 2017. Its down 0.16, from 1.05 in 2017Q1. (NASDAQ:CSCO) traded up 1.46% during trading on Tuesday, hitting $30.61.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CSCO. Washington Bank & Trust accumulated 60,020 shares. Calamos Advisors Limited holds 0.18% or 666,130 shares. Btr Capital Mgmt Incorporated accumulated 251,082 shares. Cornerstone Advsr Inc stated it has 838 shares. Bragg Fincl has invested 1.18% in Cisco Systems, Inc. (NASDAQ:CSCO) for 24,000 shares. Concert Wealth Mngmt holds 0.36% or 4,052 shares. Great West Life Assurance Communication Can invested in 155,860 shares. Ballentine Partners Limited Com holds 8,913 shares or 0.1% of its portfolio. Hutchin Hill Limited Partnership holds 0.34% of its portfolio in Cisco Systems, Inc. Cisco Systems's quarterly revenue was down 2.6% on a year-over-year basis. (NASDAQ:CSCO). Kentucky Retirement System holds 320,525 shares.

Sandy Spring Bank decreased Whole Foods Market Inc (NASDAQ:WFM) stake by 36,350 shares to 20,172 valued at $849,000 in 2017Q2. Cisco Systems Inc now has a P/E ratio of 17.84 and market capitalization is 168.31B. Hollencrest Securities Llc, a California-based fund reported 14,970 shares.

Since May 24, 2017, it had 0 insider buys, and 3 selling transactions for $12.50 million activity. Skandinaviska Enskilda Banken AB publ now owns 9,791,742 shares of the network equipment provider's stock worth $280,925,000 after buying an additional 6,278,187 shares during the period. West Family holds 0.77% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.1% during the third quarter, Holdings Channel reports.

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