Cisco Systems (CSCO) Upgraded by Vetr to Strong-Buy

3 Reasons to Remain Bullish on CSCO Stock

3 Reasons to Remain Bullish on CSCO Stock

Highland Capital Management Llc who had been investing in Cisco Systems Inc for a number of months, seems to be less bullish one the $198.59 billion market cap company. 32,690,000 shares of the company's stock were exchanged, compared to its average volume of 23,910,000. It has underperformed by 16.70% the S&P500. Daiwa Secs Group owns 335,505 shares. Swarthmore Group Inc bought 5,100 shares as the company's stock rose 3.83% with the market. St Germain D J Co Inc who had been investing in Cisco for a number of months, seems to be bullish on the $199.80B market cap company. The stock decreased 0.08% or $0.08 during the last trading session, reaching $100.25. About 1.71 million shares traded or 105.39% up from the average. CNH Industrial N.V. (NYSE:CNHI) has risen 66.12% since February 6, 2017 and is uptrending. It has outperformed by 45.93% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.30, from 1.36 in 2017Q2. It turned negative, as 74 investors sold CSCO shares while 637 reduced holdings. 67 funds opened positions while 169 raised stakes. Investors of record on Friday, January 5th were paid a dividend of $0.29 per share. Ronna Sue Cohen invested in 122,002 shares or 3.13% of the stock. Beacon Financial Grp Inc, Texas-based fund reported 37,524 shares. 385.12 million shares or 1.57% more from 379.18 million shares in 2017Q2 were reported. Ohio-based Victory Cap Mngmt Inc has invested 0.03% in Cisco Systems, Inc. 7,998 were reported by Torch Wealth Mgmt Ltd Liability Corporation. Ruffer Limited Liability Partnership stated it has 102,830 shares or 0.15% of all its holdings. Insider ownership decreased by a total of 517704 shares, which suggests that CSCO's key executives are feeling less optimistic about the outlook for the stock.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 15th. Glob X Com Limited Liability invested in 0.01% or 2,419 shares.

The P/E ratio of 20.86 for Cisco Systems, Inc., CSCO, provides an insight into the measurement sticks, which compares the company's valuations. Great West Life Assurance Co Can invested 0.82% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 1.24M shares. In the most recent quarterly financial report, for the quarter ending October 2017, Cisco Systems, Inc. Ubs Asset Americas owns 409,622 shares or 0.05% of their United States portfolio.

Analysts expect BioTelemetry, Inc. (NASDAQ:CSCO) on Thursday, February 11 with "Buy" rating.

The company reported its last earnings Actual EPS of $0.61/share. The low EPS estimate is $0.03, while the high EPS estimate is $0.05. During the same period in the prior year, the business earned $0.61 EPS. equities research analysts anticipate that Cisco Systems, Inc. will post 2.22 earnings per share for the current year. The rating was maintained by Citigroup on Thursday, November 16 with "Buy". Therefore 50% are positive. Zacks Investment Research lowered shares of Cisco Systems from a "hold" rating to a "sell" rating in a report on Tuesday, October 17th.


Tracking other technical indicators, the 14-day RSI is presently standing at 52.44, the 7-day sits at 49.26, and the 3-day is resting at 56.58 for Cisco Systems Inc (CSCO). The rating was maintained by William Blair with "Buy" on Thursday, June 29. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 54,600 shares in the quarter, leaving it with 361,125 shares, and cut its stake in Anthem Inc (NYSE:ANTM). The firm has "Market Perform" rating by Bernstein given on Thursday, November 16. The stock has "Buy" rating by Wells Fargo on Friday, July 21. The rating was maintained by Pacific Crest on Thursday, August 18 with "Overweight". (NASDAQ:MAR) rating on Monday, September 7. KeyBanc Capital Markets maintained Cisco Systems, Inc. The firm has "Buy" rating given on Friday, October 6 by Jefferies.

Since August 30, 2017, it had 0 insider buys, and 2 sales for $13.44 million activity.

In other news, SVP Rebecca Jacoby sold 92,840 shares of the firm's stock in a transaction dated Wednesday, June 14th. Leisure Capital Management boosted its holdings in shares of Cisco Systems by 0.6% in the 2nd quarter. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740. BARTZ CAROL also sold $7.59M worth of Cisco Systems, Inc. LLC now owns 17,912 shares of the network equipment provider's stock valued at $561,000 after buying an additional 57 shares in the last quarter.

Since August 11, 2017, it had 0 insider buys, and 1 sale for $603,480 activity. Cisco Systems, Inc.is given 10 buy-equivalent recommendations, 0 sells and 11 holds. Therefore 100% are positive. 4,524 were reported by Tru Asset Management Ltd. The stock of Concho Resources Inc. The stock of SAP SE (NYSE:SAP) has "Buy" rating given on Tuesday, April 12 by Berenberg. The company was upgraded on Friday, January 26 by SunTrust. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 51.73, the 7-day stands at 48.11, and the 3-day is sitting at 54.82. It also increased its holding in John Bean Technologies Corp (NYSE:JBT) by 25,300 shares in the quarter, for a total of 112,473 shares, and has risen its stake in Kbr Inc (NYSE:KBR).

Investors sentiment decreased to 1.29 in Q3 2017. Bbva Compass National Bank Inc has invested 1.08% in Cisco Systems, Inc. Morgan Stanley upgraded the shares of MAR in report on Monday, September 26 to "Overweight" rating. Conestoga Cap Lc has 854,790 shares for 2.79% of their portfolio. Gilman Hill Asset Ltd Liability holds 0.46% or 33,200 shares. Caledonia Public Llc holds 10.47% or 327,000 shares in its portfolio. Exxonmobil Mgmt Tx reported 0.36% stake. California Employees Retirement, a California-based fund reported 12.15 million shares.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.