Published: Fri, October 13, 2017
Economy | By Annette Adams

What Are Analysts Opinions On Cisco Systems, Inc. (CSCO)


Boston Partners now owns 30,563,666 shares of the network equipment provider's stock worth $1,033,052,000 after purchasing an additional 23,002,159 shares during the period. About 12.45M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since October 11, 2016 and is uptrending. It has underperformed by 63.39% the S&P500.

Groupon Incorporated (NASDAQ:GRPN) had a decrease of 5.06% in short interest. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. About 5,587 shares traded. The stock decreased 0.09% or $0.02 during the last trading session, reaching $23.05. Hsbc Hldgs Public Ltd Com holds 9.41M shares. BP plc (ADR) (NYSE:BP) has risen 15.51% since October 13, 2016 and is uptrending. It has underperformed by 26.74% the S&P500. General Electric Company had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The stock was sold at an average price of $32.06, for a total value of $821,954.28. The company was maintained on Thursday, May 19 by JP Morgan. The rating was maintained by Jefferies on Thursday, August 3 with "Hold". The rating was upgraded by Oppenheimer to "Buy" on Wednesday, June 21. Savings Bank Of The West has invested 1.37% in General Electric Company (NYSE:GE). The firm has "Hold" rating given on Wednesday, October 11 by SunTrust. The market capitalization of the company is at $167.78 Billion. The stock declined 0.50% or $0.34 reaching $67.06 on the news. The rating was reinitiated by Credit Suisse on Wednesday, January 11 with "Neutral". Barclays Capital maintained it with "Overweight" rating and $31 target in Thursday, May 19 report.

The company has a market cap of $164.70 billion, a P/E ratio of 17.51 and a beta of 1.21. On Wednesday, May 10 the insider Drobny Dane A sold $171,433. Also, insider John T. Chambers sold 250,000 shares of the stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $31.14, for a total transaction of $7,785,000.00. Shares for $786,342 were sold by Bonds Michael P on Tuesday, May 9. Noesis Mangement invested in 7,740 shares. Its down 0.16, from 1.1 in 2017Q1. Alliancebernstein Limited Partnership, New York-based fund reported 430,030 shares. Main Street Research Ltd stated it has 22,413 shares. 49,854 are owned by Glenmede Na. First Bancshares Of Omaha holds 0.05% or 112,600 shares in its portfolio. Philadelphia Trust Co reported 303,390 shares. Gabelli Funds Llc has 324,000 shares for 0.06% of their portfolio. Transamerica Financial Advisors reported 93,084 shares. Linscomb And Williams owns 122,750 shares. The company has market cap of $58.81 million. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC). It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel).

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.14, from 1.04 in 2017Q1.

A number of institutional investors have recently modified their holdings of CSCO. "(CSCO) Position Raised by First Merchants Corp" was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Fieldpoint Private Advsrs holds 2,200 shares or 3.57% of its portfolio. Maryland owns 67,620 shares. Ashfield Cap Prtnrs invested in 0.72% or 169,065 shares. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.08% or 172,710 shares. Nuveen Asset Mngmt Ltd Liability Co reported 0.57% stake. Ontario - Canada-based Taylor Asset has invested 0.19% in Cisco Systems, Inc. (NASDAQ:CSCO) or 43,693 shares. Notis has 34,621 shares. Chicago Equity Lc holds 0.69% of its portfolio in Cisco Systems, Inc. Clear Harbor Asset Management Ltd Liability has 0.11% invested in Intel Corporation (NASDAQ:INTC) for 16,913 shares. Meritage Port Mngmt reported 0.34% stake. Jolley Asset Ltd owns 136,971 shares or 3% of their United States portfolio. More interesting news about Cisco Systems, Inc.

Cisco Systems, Inc. (NASDAQ:CSCO) is another stock that is grabbing investors attention these days.

Hedge funds have recently bought and sold shares of the company. The business had revenue of $12.13 billion for the quarter, compared to analyst estimates of $12.07 billion. Fifteen analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Therefore 48% are positive. Cisco Systems Inc. had 113 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Positive" rating by OTR Global on Thursday, February 2. Jefferies maintained the stock with "Buy" rating in Tuesday, September 5 report. Wells Fargo maintained Cisco Systems, Inc. (NASDAQ:EXTR) are making a strong comeback as they have jumped 201.99% since bottoming out at $4.02 on October 31, 2016. Credit Suisse maintained Cisco Systems, Inc. The stock of Intel Corporation (NASDAQ:INTC) has "Buy" rating given on Tuesday, December 13 by Loop Capital. (NASDAQ:CSCO) rating on Thursday, August 18. The company was reinitiated on Friday, November 18 by Stifel Nicolaus.

Analysts await General Electric Company (NYSE:GE) to report earnings on October, 20 before the open. (NASDAQ:CSCO) also leans strongly towards the neutral end of the spectrum. They expect $0.55 EPS, 0.00% or $0.00 from last year's $0.55 per share. GE's profit will be $4.33B for 11.53 P/E if the $0.50 EPS becomes a reality. Analysts on average have given a price target of $35.73 to Cisco Systems, Inc. stock. Finally, American Beacon Advisors Inc. acquired a new stake in shares of Cisco Systems during the first quarter valued at about $174,000.

Loews Corp decreased Microsoft Corp (NASDAQ:MSFT) stake by 25,000 shares to 131,000 valued at $9.03 million in 2017Q2. Alps Etf Tr (AMLP) was raised too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Like this: