Cisco Systems (NASDAQ:CSCO) Given "Buy" Rating at Royal Bank of Canada

02 March, 2018, 04:25 | Author: Regina Silva

Meditor Group Ltd sold 2.81M shares as the company's stock declined 14.88% while stock markets rallied. The stock increased 0.10% or $0.07 during the last trading session, reaching $68.32.

A total of 27.39 Billion shares exchanged at hands and its average trading volume is standing at 26.56 Million shares. It has underperformed by 5.64% the S&P500.

Hollencrest Securities Llc increased its stake in Cisco Systems Inc (CSCO) by 412.49% based on its latest 2017Q3 regulatory filing with the SEC. Crawford Investment Counsel Inc acquired 175,550 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. About 2.46 million shares traded or 0.95% up from the average.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, February 14th. It has underperformed by 3.50% the S&P500.

Among 11 analysts covering Exelixis (NASDAQ:EXEL), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 72% are positive. London Stock Exchange Group PLC had 142 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with "Buy" rating and $2000 target in Tuesday, May 30 report. Piper Jaffray maintained it with "Buy" rating and $9000 target in Friday, July 21 report. As per Friday, March 10, the company rating was upgraded by Evercore. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. The company was maintained on Thursday, August 17 by Robert W. Baird. Brands, Inc. (NYSE:YUM) has "Hold" rating given on Tuesday, April 5 by Evercore.

Timpani Capital Management Llc decreased Nv5 Global Inc (NASDAQ:NVEE) stake by 17,152 shares to 49,711 valued at $2.72 million in 2017Q3. It also reduced Hollyfrontier Corp (NYSE:HFC) stake by 377,708 shares and now owns 123,087 shares. BHATT PRAT sold $821,900 worth of stock. $625,751 worth of Cisco Systems, Inc. 65,000 shares valued at $2.11 million were sold by CHANDLER MARK D on Monday, September 18.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.42, from 1.34 in 2017Q2. It increased, as 15 investors sold EZPW shares while 35 reduced holdings. At Fincl Bank reported 59,156 shares or 0.23% of all its holdings. Brands, Inc. (NYSE:YUM). Moody Bancorporation Division holds 16,000 shares or 0.06% of its portfolio. South State Corporation accumulated 393,309 shares. Following the sale, the director now owns 74,479 shares in the company, valued at approximately $3,379,112.23. Geode Cap Lc owns 2.46 million shares. Virginia Retirement Et Al holds 0.28% or 691,500 shares. Institutional investors and hedge funds own 75.06% of the company's stock. (NASDAQ:EXEL). Glenmede Na holds 1,100 shares. Athena Cap Advisors Limited Liability owns 181,549 shares for 1.57% of their portfolio. Wells Fargo & Mn holds 0% of its portfolio in Iconix Brand Group, Inc. Carlson Mngmt invested in 24,510 shares. Warren Averett Asset Mgmt Lc stated it has 18,880 shares. Tru Department Mb Natl Bank N A reported 20,008 shares.

Stocks under Analysis: NXP Semiconductors NV (NXPI), Manulife Financial Corporation (MFC)
Benchmark Capital Advisors bought 16,000 shares as the company's stock declined 8.47% while stock markets rallied. Finally, Swiss National Bank raised its stake in shares of NXP Semiconductors by 4.8% during the fourth quarter.


Adam Rippon Crushes On Jake Gyllenhaal, Harry Styles, Shawn Mendes
He walked onto DeGeneres' show wearing his bronze medal, which he earned with his teammates in the figure skating team event. Beyond that, Rippon chatted with DeGeneres about his newly launched campaign with GLAAD to raise money for LGBT youth .


'Harry Potter: Hogwarts Mystery' trailer teases familiar faces
That's the experience Jam City is trying to bring to your mobile device with Harry Potter: Hogwarts Mystery . Explore never-before-seen rooms of Hogwarts Castle and investigate ancient mysteries.


Since September 11, 2017, it had 0 insider buys, and 7 insider sales for $16.35 million activity. 14,189 Cisco Systems, Inc. MCGEARY RODERICK C had sold 15,230 shares worth $578,740 on Thursday, December 14. BARTZ CAROL sold $7.59M worth of stock. Shares for $740,883 were sold by Walker Karen. (NASDAQ:CSCO). Ims Mgmt, a Oregon-based fund reported 8,360 shares. Also, Director Arun Sarin sold 14,189 shares of Cisco Systems stock in a transaction dated Tuesday, February 20th. 55,000 Microsoft Corporation (NASDAQ:MSFT) shares with value of $4.00M were sold by Hood Amy. Also, Director M Michele Burns sold 12,126 shares of the firm's stock in a transaction on Monday, February 26th. Brands, Inc. (NYSE:YUM).

Hancock Co holds 0.02% in Cisco Systems, Inc. Zacks Investment Research raised Cisco Systems from a "hold" rating to a "buy" rating and set a $46.00 price objective for the company in a research report on Wednesday, January 17th. Therefore 76% are positive.

Cisco Systems, Inc. (CSCO) has an Analysts' Mean Recommendation of 2.

Investors may have various goals when it comes to making money in the stock market. Jefferies Group increased their target price on shares of Cisco Systems to $40.00 and gave the stock a "buy" rating in a research note on Thursday, November 16th. On Friday, November 3 the stock rating was maintained by Cowen & Co with "Buy". The rating was maintained by Jefferies on Thursday, September 7 with "Buy". Finally, Cambria Investment Management L.P. boosted its stake in Cisco Systems by 4.0% during the third quarter. (NASDAQ:CSCO) opened at $45.04 on Wednesday. The rating was upgraded by RBC Capital Markets to "Outperform" on Friday, September 4. The company was maintained on Monday, October 16 by Cowen & Co. The firm has "Outperform" rating given on Friday, February 12 by Oppenheimer. (NASDAQ:CSCO) has "Buy" rating given on Thursday, February 11 by UBS. Ten investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company. Cisco Systems's dividend payout ratio is -362.50%. (NYSE:VOYA) to report earnings on May, 2. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 6.8%. Gamble Jones Investment Counsel has 0.18% invested in Cisco Systems, Inc.

Investors sentiment decreased to 1.02 in Q3 2017. Its up 0.22, from 0.77 in 2017Q2. It is negative, as 39 investors sold EXEL shares while 64 reduced holdings. Staley Cap Advisers, Pennsylvania-based fund reported 227,736 shares. Coastline Trust Company invested 0.68% in Cisco Systems, Inc. (NASDAQ:CSCO). Nordea Invest holds 34.01M shares or 2.75% of its portfolio. (NYSE:VOYA). Sterling Capital Ltd Liability Com stated it has 27,086 shares. Northside Cap Ltd Liability stated it has 0.33% of its portfolio in Cisco Systems, Inc. Cisco Systems, Inc. The company has a market capitalization of $222,930.00, a price-to-earnings ratio of -140.75, a PEG ratio of 2.96 and a beta of 1.23. (NASDAQ:MRCY) or 205,890 shares. Cisco Systems now has $215.73B valuation. Family Capital Com holds 1.86% in 3M Company (NYSE:MMM) or 17,495 shares. Old Mutual Customised Solutions (Proprietary) Limited has 0.86% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Boltwood holds 16,250 shares or 0.35% of its portfolio.

CSCO has been the topic of several analyst reports. Manchester Capital Management LLC now owns 3,606 shares of the network equipment provider's stock worth $113,000 after acquiring an additional 350 shares during the last quarter.

Recommended:

  • Hasan Minhaj Signs with Netflix for Weekly Talk Show

    Hasan Minhaj Signs with Netflix for Weekly Talk Show

    The not-yet-named show is expected to start later this year, and Minhaj will move away from The Daily Show this summer. THR reports it will be a weekly talk show, and it will not be released on the streaming service until later this year.

    Republicans continue to disgust : Letter to the Editor

    Drills to prepare students for an active-shooter scenario have become more common, he said. At the tender age of 77, he ducked behind the dumpster, drew his gun and came up shooting.

    Share Spotlight on Asanko Gold Inc (AKG): Price Moves -2.68%

    Wcm Inv Management Ca stated it has 0.79% in Ecolab Inc. (NYSE:ARA) earned "Outperform" rating by Wells Fargo on Monday, May 16. As we get closer to the end of the year, investors may be looking back at individual stock performance over the past year.
  • Texting and driving: House ready to pass tougher law but Senate balks

    Texting and driving: House ready to pass tougher law but Senate balks

    Texting behind the wheel became illegal in Florida five years ago, but casualties have increased. The bill has been changed to require officers to track the ethnicity of people they pull over.
    People perform 'Holika Dahan' on eve of Holi

    People perform 'Holika Dahan' on eve of Holi

    This is the eco-friendly "Herbal Colours Only" Holi Party for you! Have a wonderful Holi . Now, we don't really waste too much water as water is anyway very scarce on this planet.
    How much to withhold for taxes?

    How much to withhold for taxes?

    The added complexity that appears in this online calculator really hits home how much the tax code has just changed. So the government is issuing an online calculator for figuring whether enough money is being set aside.
  • Egyptian army in Sinai Peninsula doubles in a year, with Israel's blessing

    Egyptian army in Sinai Peninsula doubles in a year, with Israel's blessing

    Media regulatory bodies must notify prosecutors of violations by media outlets, he said in a brief statement. The statement further stated that around 86 "terrorists and criminals" were captured during the operation.
    Wisconsin tops Maryland 59-54 to reach Big Ten quarters

    Wisconsin tops Maryland 59-54 to reach Big Ten quarters

    Michigan State wasn't as effective in turning points into turnovers - 7 points from turnovers, compared to Wisconsin's 18. Wisconsin continued its fight and narrowed the score to merely 66-63 with 17 seconds remaining in the game.
    Long-lost Nigerian masterpiece found in London sold for US$1.4 million

    Long-lost Nigerian masterpiece found in London sold for US$1.4 million

    Enwonwu was reportedly walking in the Nigerian countryside when he met a attractive young woman whom he just had to paint. The African Mona Lisa painting was the subject of the Ife princess Adetutu Ademiluyi's life (abbreviated as " Tutu ").
  • James Hambro & Partners Purchases Shares of 13679 Alibaba Group Holding Ltd (BABA)

    Finally, BidaskClub raised Alibaba Group from a "hold" rating to a "buy" rating in a research note on Thursday, November 2nd. The company was maintained on Thursday, November 3 by RBC Capital Markets. (NYSE:AET) to report earnings on May, 1.
    The economy turns around as third-quarter GDP growth lifts future prospects

    The economy turns around as third-quarter GDP growth lifts future prospects

    It is likely to grow at 3 percent in 2017-18 from 6.3 percent in the previous year, the CSO estimates said. At the same time, there is a huge jump in valuables as well. "This might be a sustainable growth path".
    Lassa fever kills one in Ghana

    Lassa fever kills one in Ghana

    The Ghana Health Service (GHS) has confirmed this after a test conducted by the Noguchi Memorial Institute. Shock, seizures, disorientation, and coma may be seen in the late stages.


Popular

Bakambu topples Aubameyang to become most expensive African footballer
The Chinese Super League season kicks off on Friday with champions Guangzhou Evergrande taking on Guangzhou R&F. Beijing Guoan have finally confirmed the arrival of former Villarreal striker Cedric Bakambu .

Uber launches Uber Health, a B2B ride-hailing platform for healthcare
The auto can either be sent to the patient's house, or it can pick patients up at a medical facility and take them home. Uber wants to get you from your home to your doctor's office - and you won't even need to open the Uber app.

Police Respond To 'Female Mental Illness' Call At Home Of Tori Spelling
To fuel more rumors, Dean has not been posting about Tori either, but has shared pics of their children. Corrine speculated that she was 'stressed out at home'.

IL lawmakers move forward with gun legislation
Chicago police said the city has seen a drop in gun violence for 12 months in a row, according to monthly crime data. Changes to IL gun laws stalled past year after the Senate passed the measure, but the House failed to take them up.

Patriots owner Robert Kraft's girlfriend welcomes baby - he's not the father
He reportedly splits his time between his home in Boston and Los Angeles , where Lander lives in a house he owns. Kraft already has four sons from his marriage to Myra, who died in 2011 after she was diagnosed with cancer.

Outlast + Outlast Whistleblower Surprise Release In New Bundle For Nintendo Switch
Bundle of Terror , as it is named, includes Outlast 1 and its Whistleblower prequel DLC together in one handy pack. These are necessary sacrifices, as the Nintendo Switch is objectively weaker than the Xbox One and PlayStation 4.

Gas prices increase slightly in state
The highest was about $2.65 per gallon in the Marquette area. "Prices are the cheapest seen this February". A new report says gas prices and temperature share something in common - they'll be going up this spring.

Empire State Realty Trust Inc (ESRT) How Do the Technical Vary?
Presima Inc. increased its holdings in shares of Pennsylvania Real Estate Investment Trust by 361.4% during the 3rd quarter. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 47.73% since February 27, 2017 and is downtrending.

Milo loses 4.5-health star rating
She said the company has been campaigning to get rid of the "as prepared" loophole and replacing it with an "as sold" basis. It will drop down to 1.5 stars, Consumer NZ announced. "It's the skim milk that boosts the number of stars", Chetwin said.

Eurozone unemployment rate holds steady at lowest since Dec 2008
Bond markets in Europe and the United States had taken a knock on Tuesday after U.S. Later on Wednesday, the US publishes GDP numbers for the fourth quarter.