The Cisco Systems, Inc. (CSCO) Receives Outperform Rating from William Blair

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Cisco Systems, Inc. (CSCO) surged 0.48% yesterday to close its trading session at $40.1. A total of 21.45 million shares exchanged at hands and its average trading volume is standing at 19.61 million shares.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 15th. It has underperformed by 3.50% the S&P500.

Vantage Investment Advisors Llc increased its stake in Applied Materials (AMAT) by 14.31% based on its latest 2017Q3 regulatory filing with the SEC. Following the completion of the sale, the director now owns 113,154 shares of the company's stock, valued at approximately $4,299,852. Holderness Investments Co. now owns 59,554 shares of the network equipment provider's stock valued at $1,800,000 after buying an additional 915 shares in the last quarter. The company has a market cap of $198,240.00, a PE ratio of 20.78, a PEG ratio of 3.57 and a beta of 1.19. The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. Aviva PLC grew its holdings in shares of Cisco Systems by 6.5% in the 2nd quarter.

The shares of Cisco Systems, Inc. have increased by more than 4.70% this year alone. It has underperformed by 11.74% the S&P500.

Bank Of Montreal, which manages about $34.23B and $109.19 billion US Long portfolio, upped its stake in Centene Corp Del (NYSE:CNC) by 276,480 shares to 659,771 shares, valued at $63.85M in 2017Q3, according to the filing. Analysts, on average, seem bullish as they suggest AMZN is worth $3.48 more, giving a target price of $1280.16 a share.

The following data is for Cisco Systems, Inc.

Among 2 analysts covering McEwen Mining (NYSE:MUX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 65% are positive. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. Investec Asset Management Limited has invested 0.1% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, January 10 with "Buy" rating. As per Friday, October 6, the company rating was maintained by Jefferies. Finally, Manchester Capital Management LLC lifted its holdings in shares of Cisco Systems by 10.7% during the second quarter. Another trade for 200,000 shares valued at $7.59M was made by BARTZ CAROL on Thursday, December 14. Cisco Systems has a consensus rating of "Buy" and an average target price of $37.93.

Among 18 analysts covering Hanesbrands (NYSE:HBI), 10 have Buy rating, 0 Sell and 8 Hold. KeyBanc Capital Markets has "Overweight" rating and $33 target. Baird reissued a buy rating and issued a $38.00 target price on shares of Cisco Systems in a report on Monday, September 11th. ValuEngine raised shares of Cisco Systems from a hold rating to a buy rating in a report on Tuesday, September 26th.

Since August 23, 2017, it had 0 insider buys, and 7 sales for $23.51 million activity. On Monday, September 18 CHANDLER MARK D sold $2.11M worth of Cisco Systems, Inc. Tracking most recent quarter period, Price to book (P/B) ration is at 3.00 and Price to cash per share ration is at 2.75. Willis Investment Counsel has invested 2.34% in Cisco Systems, Inc. (NASDAQ:CSCO). Hyman Charles D holds 7,013 shares.

Investors sentiment decreased to 0.81 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It turned negative, as 74 investors sold CSCO shares while 637 reduced holdings. The moving average is also popular as it can be used as a center point to help investors and traders quickly identify selling and buying opportunities. 132,319 are held by Headinvest Ltd. The stock of Applied Materials, Inc. Richard Bernstein Advisors LLC raised its position in shares of Cisco Systems by 21.2% during the 2nd quarter. (NASDAQ:CSCO) shares were sold by MCGEARY RODERICK C. Invesco accumulated 1.01% or 81.54M shares. (NASDAQ:CSCO). 156 were reported by Accuvest Global Advsr. 7,259 were reported by Lipe & Dalton. UBS maintained Cisco Systems, Inc. Arcadia Invest Mngmt Mi holds 0.03% or 2,725 shares in its portfolio. Pennsylvania-based Fulton Bankshares Na has invested 0.1% in Applied Materials, Inc. Natl Bank Of Hawaii, Hawaii-based fund reported 67,304 shares. More interesting news about Cisco Systems, Inc. It fall, as 43 investors sold HBI shares while 189 reduced holdings. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Conning Inc holds 1.42% or 1.24M shares in its portfolio. Chemical Bancorporation reported 72,437 shares stake. It seems that, Inc. Wunderlich Cap Managemnt, Tennessee-based fund reported 46,734 shares. Scotia Capital upgraded the stock to "Sector Outperform" rating in Friday, January 29 report. Jane Street Grp Incorporated Limited Liability Company stated it has 0% in Kosmos Energy Ltd. (NYSE:KOS). Citigroup has 0% invested in Kosmos Energy Ltd. (NYSE:KOS). Noting its average daily volume at 14.94 million shares each day over the month, this signifies a pretty significant change over the norm. Nomura Asset Management Ltd holds 1.86 million shares or 0.81% of its portfolio.

Both investors and stock traders are looking at technical indicators for the stocks of L Brands, Inc. Cypress Asset Mgmt Tx owns 0.3% invested in The Boeing Company (NYSE:BA) for 5,464 shares. MUR price is down almost 0.61% from its 52-week high price of $34.06 a share but is up about 35.19% from its 52-week low price of $22.21 a share.

Vantage Investment Advisors Llc, which manages about $916.05M and $388.84M US Long portfolio, decreased its stake in Altria Group (NYSE:MO) by 63,543 shares to 12,255 shares, valued at $777,000 in 2017Q3, according to the filing. As per Monday, August 7, the company rating was initiated by Macquarie Research. Therefore 96% are positive. Miller Inv Mgmt Limited Partnership owns 0.25% invested in Cisco Systems, Inc. The firm has "Sell" rating given on Monday, October 16 by BMO Capital Markets. The rating was downgraded by Macquarie Research to "Underperform" on Tuesday, August 4. The firm has "Buy" rating given on Thursday, June 29 by Drexel Hamilton. RBC Capital Markets maintained the stock with "Buy" rating in Monday, November 13 report.