Published: Sat, January 13, 2018
Finance | By Loren Pratt

Shares to buy from the think tanks: Cisco Systems, Inc. (CSCO)


Hennessy Advisors Inc sold 14,750 shares as the company's stock declined 7.50% while stock markets rallied. The institutional investor held 14.23M shares of the technology company at the end of 2017Q3, valued at $478.46 million, down from 15.32 million at the end of the previous reported quarter. Eads & Heald Investment Counsel now owns 42,453 shares of the network equipment provider's stock worth $1,329,000 after buying an additional 5,765 shares in the last quarter. About 21.69M shares traded or 9.77% up from the average. McEwen Mining Inc. (NYSE:MUX) has risen 12.45% since January 12, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Sailingstone Capital Partners Llc increased its stake in Kosmos Energy Ltd (KOS) by 0.34% based on its latest 2017Q3 regulatory filing with the SEC. Following the transaction, the insider now directly owns 712,736 shares of the company's stock, valued at approximately $26,014,864. It also reduced its holding in Cabot Oil & Gas Corp (NYSE:COG) by 184,359 shares in the quarter, leaving it with 1.06M shares, and cut its stake in Denbury Res Inc (NYSE:DNR). The stock increased 1.22% or $0.34 during the last trading session, reaching $28.1. About 4.27 million shares traded. Accenture plc (NYSE:ACN) has risen 4.27% since January 12, 2017 and is uptrending. It has underperformed by 1.19% the S&P500.

Hennessy Advisors Inc, which manages about $5.52B and $3.23B US Long portfolio, upped its stake in Ugi Corp New (NYSE:UGI) by 27,000 shares to 343,752 shares, valued at $16.11 million in 2017Q3, according to the filing. About 7.68M shares traded or 71.38% up from the average. On average, analysts predict that Cisco Systems will post $2.37 EPS for the current year. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 65% are positive. Kosmos Energy had 44 analyst reports since August 5, 2015 according to SRatingsIntel. Bancorp Of America Corp De stated it has 0.63% in Cisco Systems, Inc. As per Friday, October 6, the company rating was maintained by Jefferies. $2.11 million worth of Cisco Systems, Inc. BMO Capital Markets maintained Cisco Systems, Inc. (NASDAQ:AMZN) might see muted action given an ABR of 2.9 or Hold rating. The analysts, on average, are forecasting a $39.76 price target, but the stock is already up 34.56% from its recent lows. After $0.55 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64 % negative EPS growth. Baird reissued a buy rating and issued a $38.00 target price on shares of Cisco Systems in a report on Monday, September 11th. The company was maintained on Wednesday, November 15 by Piper Jaffray. (NASDAQ:CSCO) earned "Overweight" rating by Pacific Crest on Wednesday, January 13. The rating was maintained by Craig Hallum on Monday, September 18 with "Buy".

Since August 23, 2017, it had 0 buys, and 7 sales for $23.51 million activity. Also, CAO Prat Bhatt sold 2,606 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The insider Robbins Charles sold 121,390 shares worth $3.89M. Shares for $7.59 million were sold by BARTZ CAROL on Thursday, December 14. $2.11 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The existing ROI value of Cisco Systems, Inc. outlines the firm's profitability alongside the efficiency of different investments. (NASDAQ:CSCO) or 378,378 shares. Its down 0.16, from 1.18 in 2017Q2. It is negative, as 12 investors sold KOS shares while 37 reduced holdings. 123 funds opened positions while 263 raised stakes. The insider Walker Karen sold 23,110 shares worth $740,883. 132,319 are held by Headinvest Ltd. Adams Diversified Equity Fund Incorporated invested in 0.5% or 271,900 shares.


Juniper Networks, Inc. (JNPR) pays out an annual dividend of 0.40 per share. Iberiabank Corporation accumulated 1.27% or 227,121 shares. Horizon Kinetics Ltd Liability Company has 0.05% invested in Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. UBS maintained Cisco Systems, Inc. (NASDAQ:CSCO). Duff And Phelps Invest Management has 0.03% invested in Cisco Systems, Inc. Azimuth Cap Mgmt owns 0.97% invested in Cisco Systems, Inc. Cisco Systems's payout ratio is 60.10%.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.76, from 2.05 in 2017Q2. 87,678 are held by Madison Invest Holdings. Schulhoff & holds 0.24% of its portfolio in The Boeing Company (NYSE:BA) for 1,608 shares. Manchester Capital Management LLC now owns 3,606 shares of the network equipment provider's stock worth $113,000 after purchasing an additional 350 shares during the period. Hills Bancorporation & Tru Commerce owns 2,324 shares. It seems that Amazon.com, Inc. (NASDAQ:CSCO). Waddell & Reed Financial Inc, a Kansas-based fund reported 11,000 shares. Swiss Bankshares invested 0.65% of its portfolio in The Walt Disney Company (NYSE:DIS). Citigroup has 0% invested in Kosmos Energy Ltd. (NYSE:KOS). Hanson And Doremus Invest Management holds 52,029 shares or 0.45% of its portfolio. Nj State Employees Deferred Compensation Plan invested 0.89% in The Walt Disney Company (NYSE:DIS). Wellington Shields Capital Ltd Liability Co accumulated 0.54% or 166,040 shares. The institutional investor owned 26,396 shares of the network equipment provider's stock after selling 7,306 shares during the quarter. It also increased its holding in Western New Eng Bancorp Inc by 82,600 shares in the quarter, for a total of 328,000 shares, and has risen its stake in Jacksonville Bancorp Inc Md (NASDAQ:JXSB). Therefore 58% are positive.

Cisco Systems, Inc. has a 1 year low of $29.80 and a 1 year high of $40.93. On Tuesday, August 18 the stock rating was downgraded by Wells Fargo to "Market Perform". On Thursday, November 16 the stock rating was maintained by Cowen & Co with "Buy". RBC Capital Markets has "Buy" rating and $3600 target. The company was upgraded on Monday, January 30 by Morgan Stanley. On Monday, October 31 the stock rating was downgraded by OTR Global to "Mixed". The firm has "Sell" rating given on Friday, April 28 by Goldman Sachs.

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