Cisco Sys INC Com (CSCO) Shareholder Becker Capital Management INC Decreased Stake by $7.35 Million

June 27, 2018 - By Matthew Medley

Cisco Systems, Inc. (NASDAQ:CSCO) Corporate LogoBig Money Sentiment decreased to 0.73 in 2018 Q1. It has change of 0.30, from 2017Q4’s 1.03. The ratio turned negative due to CSCO positioning: 66 sold and 798 reduced. 170 funds bought holdings and 464 increased holdings. Investors holded 3.54 billion in 2017Q4 but now own 3.40 billion shares or 4.18% less. Salem Inv Counselors Inc holds 1.72% or 365,041 shs in its capital. Btim holds 1.08% in Cisco Systems, Inc. (NASDAQ:CSCO) or 1.65 million shs. Alpine Woods Capital Invsts Ltd Company invested in 0.82% or 360,600 shs. Stellar Capital Ltd Liability Corp, Arizona-based fund reported 33,236 shs. 82,268 are owned by Pictet North America. Florida-based Intrepid Cap Mngmt has invested 1.8% in Cisco Systems, Inc. (NASDAQ:CSCO). Laurel Grove Capital Limited Liability Company, a California-based fund reported 17,555 shs. Fairfield Bush And has 9,242 shs for 0.11% of their capital. Aimz Investment Llc owns 87,491 shs. 202,850 are owned by Northpointe Capital Ltd Company. Alpha Cubed Invests Limited Liability Company owns 259,460 shs. Navellier Associate has invested 0.38% of its capital in Cisco Systems, Inc. (NASDAQ:CSCO). Nomura Inc owns 0.09% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 2.78M shs. Carnegie Capital Asset Mgmt Ltd Llc accumulated 0.77% or 201,833 shs. First Citizens Commercial Bank Commerce owns 234,872 shs for 1.37% of their capital.

CSCO had 4 selling transactions and 0 insider buys since February 20, 2018. This’s net activity of $3.63 million. SARIN ARUN sold $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, February 20. 20,671 shs were sold by Goeckeler David, worth $940,559 on Thursday, March 15.

According to 2018Q1 SEC form the Becker Capital Management Inc decreased its holdings in Cisco Sys Inc Com (CSCO) by 10.26%. By selling 175,031 shares Becker Capital Management Inc made the stock sank with 4.63%. At the end of 2018Q1, the institutional investor held 1.53M shares of the technology company, priced at $65.66M, down from 1.71 million at the end of the previous reported quarter. Cisco Sys Inc Com has $200.11B MC. CSCO is touching $42.55 during the last trading session, after increased 0.61%.Cisco Systems, Inc. has volume of 20.04 million shares. Since June 27, 2017 CSCO has risen 37.60% and is uptrending. The stock outperformed the S&P 500 by 25.03%.

About $3.01 billion US Long portfolio Becker Capital Management Inc manages. Its stake in Pfizer Inc Com (NYSE:PFE) was increased by 90,068 shares to 1.59 million shares valued at $56.25 million in 2018Q1, according to the filing. For a total of 1.94M shares it increased its holding in Xerox Corp Com by 724,150 shares in the quarter, and has risen its stake in Newell Brands Inc (NYSE:NWL).

On August, 15 WallStreet expected Cisco Systems, Inc. (NASDAQ:CSCO)’s earnings report, as reported by RTT. Analysts predict 14.55 % diference or $0.63 from the $0.55 EPS from 2017. The profit will be $2.96 billion for CSCO if $0.63 EPS becomes true. Analysts at Wall Street see Cisco Systems, Inc.’s 5.00 % EPS growth compared to $0.60 EPS for previous quarter.

For more Cisco Systems, Inc. (NASDAQ:CSCO) news posted briefly go to: Nasdaq.com, Nasdaq.com, Seekingalpha.com, Thestreet.com or Globenewswire.com. The titles are as follows: “The Walt Disney Studios Selects Cisco as an Innovation Partner of The Walt Disney Studios StudioLAB” posted on June 26, 2018, “We Could Make 52% From Cisco In 7 Months Or Less” on June 04, 2018, “Cisco Systems Is Ripe For A Pullback” with a publish date: June 18, 2018, “It’s Not Cool Anymore for Companies to IPO: Former Cisco CEO John Chambers” and the last “Cisco Announces June 2018 Events with the Financial Community” with publication date: May 30, 2018.

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Total analysts of 25 have positions in Cisco Systems (NASDAQ:CSCO) as follows: 20 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 80%. The firm has $5800 highest while $4100 is the lowest target price. The average target $49.25 is 15.75% above the last ($42.55) price. Since January 5, 2018 according to StockzIntelligence Inc Cisco Systems has 41 analyst reports. On Monday, May 14 the rating was maintained by GBH Insights with “Buy”. The stock rating was maintained by BMO Capital Markets with “Hold” on Thursday, March 22. On Wednesday, March 14 the stock has “Hold” rating by Stifel Nicolaus. On Thursday, February 15 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Hold” rating given by Stifel Nicolaus. On Monday, May 14 the firm has “Buy” rating given by Cowen & Co. The company rating was maintained by BMO Capital Markets on Wednesday, February 14. The company rating was maintained by Jefferies on Thursday, February 15. On Wednesday, April 18 Piper Jaffray maintained the shares of CSCO in report with “Buy” rating. On Tuesday, February 13 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given by Citigroup. In Monday, February 26 report Morgan Stanley maintained the stock with “Overweight” rating.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Investors Chart

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