Published: Sat, January 13, 2018
Business | By Tara Barton

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


The shares recently went up by 0.48% or $0.19 and now trades at $40.10. Given that its average daily volume over the 30 days has been 19.63 million shares a day, this signifies a pretty significant change over the norm.

Cisco Systems (NASDAQ:CSCO) opened at 31.32 on Monday.

Hahn Capital Management Llc increased Hanesbrands Inc. Chemical Bancorporation reported 72,437 shares stake. It also reduced its holding in Schlumberger Ltd. (NYSE:SLB) by 56,321 shares in the quarter, leaving it with 1,733 shares, and cut its stake in Discover Financial Services (NYSE:DFS). Finally, CSCO's beta of 1.22 indicates that the stock has an above average level of market risk. 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. Hanesbrands Inc. now has $8.15B valuation. The stock increased 2.29% or $7.5 during the last trading session, reaching $335.62. About 109,689 shares traded. During the same period in the prior year, the firm earned $0.61 EPS. analysts expect that Cisco Systems, Inc. will post 2.21 earnings per share for the current year. It has underperformed by 7.44% the S&P500.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It is negative, as 74 investors sold CSCO shares while 637 reduced holdings.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. West Family Invs holds 120,000 shares. Nbt National Bank N A has invested 0.83% in Cisco Systems, Inc. (NASDAQ:CSCO) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). D Scott Neal holds 0.02% or 758 shares in its portfolio. KeyBanc Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO). Rampart Management Ltd Limited Liability Company holds 68,135 shares. Citadel Advisors accumulated 0% or 731,100 shares. Liberty Mutual Group Inc Asset Mngmt invested in 0.38% or 207,274 shares. Nj State Employees Deferred Compensation Plan invested 0.89% in The Walt Disney Company (NYSE:DIS). Moreover, Victory Capital Management Inc has 0.11% invested in the company for 677,344 shares. Country Club Tru Na invested in 2.23% or 484,094 shares. More interesting news about Cisco Systems, Inc.

The following data is for Cisco Systems, Inc.

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Veritable Lp increased its stake in Essex Ppty Tr Inc (ESS) by 125.49% based on its latest 2017Q3 regulatory filing with the SEC. It is positive, as 21 investors sold ESS shares while 118 reduced holdings. 48 funds opened positions while 136 raised stakes.

Among 15 analysts covering Kosmos Energy (NYSE:KOS), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 65% are positive. The company has a net profit margin of 20.30% and is more profitable than the average Networking & Communication Devices player. The stock was sold at an average price of $36.49, for a total value of $95,092.94. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained The Walt Disney Company (NYSE:DIS) on Thursday, July 13 with "Buy" rating. Virginia-based Virginia Retirement Sys Et Al has invested 0.28% in Cisco Systems, Inc. (NASDAQ:CSCO) has "Buy" rating given on Tuesday, August 4 by Zacks. Cisco Systems, Inc. has a fifty-two week low of $29.80 and a fifty-two week high of $40.93. The rating was downgraded by Bank of America on Tuesday, April 5 to "Neutral". Finally, Citigroup reissued a "buy" rating and issued a $40.00 price target on shares of Cisco Systems in a report on Thursday, November 16th. RBC Capital Markets has "Outperform" rating and $37 target. The company was maintained on Thursday, August 13 by Goldman Sachs. (NASDAQ:CSCO) on Tuesday, October 6 with "Buy" rating.

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.

Since August 23, 2017, it had 0 insider purchases, and 7 insider sales for $23.51 million activity. $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) for 19,907 shares. On Wednesday, August 23 CHAMBERS JOHN T sold $7.79M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with "Underperform" rating. On Thursday, December 14 MCGEARY RODERICK C sold $578,740 worth of Cisco Systems, Inc. On Monday, September 11 BHATT PRAT sold $821,900 worth of Cisco Systems, Inc. $3.89M worth of Cisco Systems, Inc.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.76, from 2.05 in 2017Q2. 87,678 are held by Madison Invest Holdings. 17 funds opened positions while 46 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Whittier Trust Of Nevada has 0% invested in Hanesbrands Inc. Community State Bank Na reported 29,014 shares stake. Swiss Bank stated it has 1.35 million shares. 4,841 are held by Parkwood Llc. Charter Trust holds 10,539 shares or 0.32% of its portfolio. Verity Verity Limited Liability holds 2.36% or 241,107 shares in its portfolio. Hanson And Doremus Invest Management holds 52,029 shares or 0.45% of its portfolio. Cornercap Investment Counsel Inc owns 10,795 shares or 0.11% of their USA portfolio. Aureus Asset Mgmt Limited Liability Corporation accumulated 35,757 shares. Valley Natl Advisers Incorporated stated it has 0% of its portfolio in Hanesbrands Inc. Schulhoff & holds 0.24% of its portfolio in The Boeing Company (NYSE:BA) for 1,608 shares. Brinker stated it has 22,986 shares or 0.02% of all its holdings. Gamco Invsts Inc Et Al has 186,600 shares.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. The stock of Hanesbrands Inc. The company was downgraded on Monday, August 17 by Morgan Stanley. The stock has "Buy" rating by Piper Jaffray on Thursday, July 13. Cowen & Co maintained Hanesbrands Inc. The analysts, on average, are forecasting a $39.76 price target, but the stock is already up 34.56% from its recent lows. The firm has "Buy" rating given on Friday, August 11 by H.C. Wainwright. (NYSE:HBI) has "Market Perform" rating given on Wednesday, October 12 by Cowen & Co. Melius Research maintained it with "Buy" rating and $430.0 target in Monday, January 8 report. The firm has "Outperform" rating by Oppenheimer given on Friday, February 12. Swiss Bankshares invested 0.65% of its portfolio in The Walt Disney Company (NYSE:DIS).

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