As Cisco Sys INC (CSCO) Market Valuation Declined, Regentatlantic Capital LLC Has Lowered Its Stake by $3.16 Million

September 8, 2018 - By Matthew Richard

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment decreased to 0.73 in Q1 2018. Its down 0.30, from 1.03 in 2017Q4. It dived, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Lazard Asset Mngmt Ltd Liability Com holds 2.29% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 28.23M shares. Hm Payson And Co holds 1.65% or 934,668 shares in its portfolio. Adams Diversified Equity Fund Inc holds 271,900 shares or 0.64% of its portfolio. Contrarius Inv Limited holds 0.22% or 106,257 shares in its portfolio. Invsts Asset Mngmt Of Georgia Inc Ga Adv accumulated 28,484 shares. Moreover, Profund Advisors Ltd Liability has 0.76% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 444,625 shares. Carret Asset Limited reported 262,477 shares. Wetherby Asset Mgmt Incorporated invested 0.67% in Cisco Systems, Inc. (NASDAQ:CSCO). Bryn Mawr Tru holds 1.59% or 648,072 shares. The Texas-based Teacher Retirement Of Texas has invested 0.48% in Cisco Systems, Inc. (NASDAQ:CSCO). 127,990 were reported by Clinton Gp. Shelton Cap Management stated it has 1.36% in Cisco Systems, Inc. (NASDAQ:CSCO). Winch Advisory Services Lc invested in 39,243 shares or 0.99% of the stock. State Board Of Administration Of Florida Retirement holds 0.81% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 6.88 million shares. Sky Group Limited Com invested in 0.19% or 10,990 shares.

Since March 15, 2018, it had 0 buys, and 2 insider sales for $2.45 million activity.

Regentatlantic Capital Llc decreased its stake in Cisco Sys Inc (CSCO) by 23.46% based on its latest 2018Q1 regulatory filing with the SEC. Regentatlantic Capital Llc sold 75,262 shares as the company’s stock declined 4.63% with the market. The institutional investor held 245,521 shares of the technology company at the end of 2018Q1, valued at $10.53M, down from 320,783 at the end of the previous reported quarter. Regentatlantic Capital Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $215.08B market cap company. The stock decreased 0.49% or $0.23 during the last trading session, reaching $47.05. About 12.56M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since September 8, 2017 and is uptrending. It has outperformed by 25.03% the S&P500.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on November, 21. They expect $0.65 earnings per share, up 18.18 % or $0.10 from last year’s $0.55 per share. CSCO’s profit will be $2.97B for 18.10 P/E if the $0.65 EPS becomes a reality. After $0.65 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Seekingalpha.com which released: “Cisco’s Earnings: Here’s What I See Coming” on August 14, 2018, also Seekingalpha.com with their article: “Cisco Got Its Mojo Back” published on September 06, 2018, Seekingalpha.com published: “Intel And Cisco Systems Lag Their ‘Tech Bubble’ Peaks Despite 3000 Nasdaq Points Of Light” on August 30, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: 247Wallst.com and their article: “What to Look For in Cisco’s Earnings Report” published on August 15, 2018 as well as Bizjournals.com‘s news article titled: “Cisco sues former employee, 20 others for “self-dealing”” with publication date: September 04, 2018.

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Among 16 analysts covering Cisco Systems (NASDAQ:CSCO), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Cisco Systems had 25 analyst reports since March 14, 2018 according to SRatingsIntel. The company was upgraded on Friday, March 23 by Goldman Sachs. Morgan Stanley maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, July 19 with “Overweight” rating. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Market Perform” rating given on Thursday, August 16 by BMO Capital Markets. As per Monday, May 14, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by J.P. Morgan on Monday, June 11. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, September 4. The firm has “Hold” rating given on Wednesday, March 14 by Stifel Nicolaus. As per Friday, June 8, the company rating was maintained by Oppenheimer. BMO Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, March 22 with “Hold” rating. The company was maintained on Thursday, August 16 by Credit Suisse.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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