Should You Listen?: Cisco Systems, Inc. (CSCO)


A number of other research analysts have also weighed in on CSCO. Jefferies maintained the shares of CSCO in report on Thursday, August 13 with "Hold" rating. Piper Jaffray maintained it with "Buy" rating and $34 target in Thursday, August 13 report. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Raymond James maintained the stock with "Outperform" rating in Friday, September 23 report.

Cisco Systems Inc (NASDAQ:CSCO) institutional sentiment decreased to 1.07 in 2016 Q4. Tiaa Cref Management Llc holds 342,667 shares or 0.03% of its portfolio. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & worldwide copyright and trademark law. Meeder Asset Management Inc invested in 4,119 shares or 0.04% of the stock.

Cisco Systems (CSCO) traded up 2.0512% during trading on Monday, reaching $31.3093. NASDAQ:CSCO Networking & Communication Devices on its PE ratio displays a value of 16.1 with a Forward PE of 12.03. Springpath's advanced storage technology is well suited for high-volume storage applications, such as the Cisco Tetration Analytics platform, and opens up the possibility of improved orchestration capabilities for containers and virtual machines, an area where Cisco has little experience, he said.

Shares are trading at $30.68 slightly below the 50 day moving average of $31.46 and which is significantly below the 200 day moving average of $32.58.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 16th. The network equipment provider reported $0.61 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.61. Cisco Systems's payout ratio is presently 60.73%. This is a near-term estimation for the next 12-18 months. First Manhattan has 500,628 shares for 0.09% of their portfolio. The business's revenue was down 4.0% compared to the same quarter previous year. Of course not. Rating varies from one analyst to other analyst. Bancshares Of Montreal Can stated it has 0.53% of its portfolio in Cisco Systems, Inc. Southeast Asset Advisors owns 9,189 shares. Tortoise Investment Management LLC increased its position in shares of Cisco Systems by 36.1% in the second quarter.

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Tweedy Browne Co Llc holds 10.85% of its portfolio in Cisco Systems, Inc. for 11.49 million shares. Newfocus Financial Group Llc acquired 17,294 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. Now that Cisco owns its entire HCI stack, it has more incentive to sell HyperFlex instead of UCS with vSAN software.

Ashfield Capital Partners Llc decreased Cisco Sys Inc (CSCO) stake by 8.69% reported in 2016Q4 SEC filing. (NASDAQ:CSCO) shares were sold by Walker Karen. The shares were sold at an average price of $31.29, for a total value of $244,124.58. CHAMBERS JOHN T had sold 295,537 shares worth $9.31M. The disclosure for this sale can be found here. Alton Gregg H had sold 5,000 shares worth $341,529 on Monday, May 1. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.80 earnings per share.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 26th. About 8.99 million shares traded. The shares price go up so far this year; showing a rise of 1.52% and dropped with negative flow of -3.64% during recent week.

Since January 1, 0001, it had 0 buys, and 5 selling transactions for $13.58 million activity. $544,640 worth of Cisco Systems, Inc.

Kaustubh Das, Cisco's vice president of product management for HyperFlex, an integrated hyperconverged infrastructure system, tells Channel Partners the acquisition is expected to have minimal impact on existing Cisco partners.