Published: Thu, March 15, 2018
Business | By Kate Woods

MKM Partners Raises Cisco Systems (NASDAQ:CSCO) Price Target to $48.00


Meiji Yasuda Asset Management Company Ltd bought 9,805 shares as the company's stock declined 7.50% while stock markets rallied. The institutional investor held 832,110 shares of the consumer services company at the end of 2017Q3, valued at $61.35 million, down from 882,854 at the end of the previous reported quarter. Closing price generally refers to the last price at which a stock trades during a regular trading session. About 3.71M shares traded.

Cisco Systems, Inc. has a consensus outperform rating from 30 Wall Street analysts, and the number of shares now sold short amount to at least 1.18% of shares outstanding. It has underperformed by 16.70% the S&P500. Rivernorth Mngmt Llc reported 0.08% stake. Ameriprise Financial Inc. increased its stake in shares of Cisco Systems by 23.6% in the third quarter. Frontier Capital Management Co Llc sold 15,400 shares as the company's stock rose 10.27% with the market. The institutional investor held 176,944 shares of the technology company at the end of 2017Q3, valued at $5.95M, up from 167,139 at the end of the previous reported quarter. The stock decreased 0.34% or $0.001 during the last trading session, reaching $0.175. Another trade for 14,189 shares valued at $625,751 was sold by SARIN ARUN. (NYSE:TJX) has declined 2.02% since March 14, 2017 and is downtrending. It has outperformed by 22.53% the S&P500. During the same quarter last year, the business earned $0.57 EPS. equities research analysts anticipate that Cisco Systems will post 2.32 EPS for the current year. Ten analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 91% are positive. Cisco Systems, Inc. (CSCO) has made its way to a 12-month gain of 32.95%. On Thursday, June 29 the stock rating was maintained by Credit Suisse with "Buy".

On The Other side Cisco Systems, Inc. a United States of America based Company, belongs to Technology sector and Networking & Communication Devices industry. The rating was maintained by Goldman Sachs on Thursday, August 18 with "Neutral". Goldman Sachs downgraded the stock to "Buy" rating in Monday, February 8 report. The firm now has a "neutral" rating on the network equipment provider's stock. The firm has "Buy" rating given on Tuesday, August 4 by Zacks. (NASDAQ:CSCO) has "Buy" rating given on Thursday, November 16 by UBS. Jefferies maintained the shares of CSCO in report on Friday, October 6 with "Buy" rating. As per Monday, May 15, the company rating was upgraded by Morgan Stanley.

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Since September 18, 2017, it had 0 insider buys, and 5 sales for $11.45 million activity. Insiders have sold a total of 116,566 shares of company stock worth $4,636,938 over the last three months. (NASDAQ:CSCO) for 9,581 shares.

Investors sentiment decreased to 0.96 in 2017 Q3. Its up 0.47, from 0.78 in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. 19 funds opened positions while 56 raised stakes. Hartford Invest Management Company holds 0.06% or 76,727 shares in its portfolio. Indiana Tru & Mngmt reported 0.33% stake. Fiera Capital invested 0% in Cisco Systems, Inc. The rating was maintained by Nomura with "Hold" on Thursday, June 29. Twin Focus Prtn Ltd Llc holds 26,000 shares or 0.5% of its portfolio. "(NASDAQ:CSCO)" was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Lodestar Counsel Lc Il stated it has 179,653 shares. $578,740 worth of Cisco Systems, Inc. Investors of record on Thursday, April 5th will be paid a $0.33 dividend. Dean Invest Associates Limited has invested 1.1% in Cisco Systems, Inc. (NASDAQ:CSCO) for 383 shares. Etrade Cap Mngmt Limited Company reported 226,336 shares or 0.27% of all its holdings. United Automobile Association holds 0.01% or 101,275 shares.

(OTCMKTS:TLTFF) has 0.00% since March 14, 2017 and is. Its down 0.33, from 1.08 in 2017Q2. Wealthtrust Axiom Ltd Com has 2.5% invested in Cisco Systems, Inc. Moreover, Twin Securities Inc. has 0.25% invested in the company for 23,094 shares. (NYSE:MVC) for 54,921 shares. Nationwide Fund Advsr has 13,239 shares for 0% of their portfolio. SCHWARTZ HARVEY M had sold 25,000 shares worth $6.13 million. Following the completion of the sale, the director now directly owns 113,154 shares of the company's stock, valued at $4,299,852. First Pacific Ltd holds 0.14% or 1.41 million shares in its portfolio. Macquarie reported 210,188 shares. (NASDAQ:CSCO). Davenport And Limited holds 0.74% or 1.73 million shares. Sterling Cap Mgmt Llc holds 0.03% or 30,912 shares in its portfolio. Lpl Financial Limited Liability Corp reported 905,316 shares. Buckingham Mngmt invested in 0.54% or 72,032 shares. (NYSE:TJX). Mirae Asset Glob Invests Limited stated it has 0.02% of its portfolio in The TJX Companies, Inc. Narwhal Cap Management owns 158,270 shares for 1.32% of their portfolio. Oppenheimer has "Buy" rating and $3600 target. Therefore 42% are positive. Burlington Stores had 60 analyst reports since October 7, 2015 according to SRatingsIntel. Suntrust Robinson initiated the shares of CSCO in report on Tuesday, November 24 with "Buy" rating. The stock of Burlington Stores, Inc. Telsey Advisory Group maintained the shares of BURL in report on Friday, August 26 with "Market Perform" rating. The firm has a market capitalization of $219,440.00, a PE ratio of -142.34, a P/E/G ratio of 3.05 and a beta of 1.10. BMO Capital Markets has "Outperform" rating and $96 target. The firm is having a distance of 2.88% form 20 day moving average, SMA 50 of 7.86% and an SMA 200 of 27.27%. The rating was maintained by Raymond James on Thursday, November 16 with "Buy". The company was maintained on Tuesday, September 20 by Citigroup.

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Frontier Capital Management Co Llc, which manages about $13.86B US Long portfolio, upped its stake in Yum! Bbva Compass Retail Bank owns 492,664 shares or 1.08% of their USA portfolio. (NASDAQ:IPHS) by 12,808 shares in the quarter, for a total of 869,238 shares, and has risen its stake in Lions Gate Entertainment Corp Class B.

Since January 19, 2018, it had 0 insider buys, and 7 selling transactions for $664,337 activity. (NASDAQ:CSCO) shares were sold by BARTZ CAROL.

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