WINTON GROUP Ltd Sells 530640 Shares of Cisco Systems, Inc. (CSCO)

Cisco posts loss on $11.1 billion tax-related charge

This will happen in the third quarter of 2018, and the company will benefit from recent changes in U.S. tax law. Stratos Wealth Partners LTD. now owns 152,990 shares of the network equipment provider's stock worth $4,789,000 after acquiring an additional 14,395 shares during the last quarter. On Thursday, June 29 the stock rating was maintained by Robert W. Baird with "Buy". It is negative, as 74 investors sold CSCO shares while 637 reduced holdings. Piper Jaffray Companies reissued an "overweight" rating and issued a $44.00 target price on shares of Cisco Systems in a research note on Wednesday, January 10th. Ruffer Llp acquired 190,000 shares as Diana Shipping Inc (DSX)'s stock declined 0.27%. Tortoise Investment Management LLC raised its stake in Cisco Systems by 36.1% during the 2nd quarter. Vanguard Group Inc. now owns 352,120,694 shares of the network equipment provider's stock valued at $11,021,378,000 after acquiring an additional 7,411,891 shares during the period.

Wespac Advisors Llc decreased its stake in Cisco Sys Inc (CSCO) by 90.53% based on its latest 2017Q3 regulatory filing with the SEC. Grove Bank & Trust raised its stake in Cisco Systems by 141.3% during the 2nd quarter. Its last month's stock price volatility remained 3.41% which for the week stands at 2.7%. $821,900 worth of Cisco Systems, Inc. Finally, Manchester Capital Management LLC increased its position in shares of Cisco Systems by 10.7% in the second quarter.

Analysts await Heska Corporation (NASDAQ:HSKA) to report earnings on February, 27. "While the company has clear challenges given secular headwinds in its traditional sweet spot of switching/routing, we believe Cisco is slowly putting together newer growth engines (e.g. security, SaaS model, Cisco ONE, cloud initiatives) to help lay the groundwork for a stronger bookings growth trajectory in FY18/FY19", the analyst continued. The target implies a 23.93% spike from where the shares are now trading. Stifel Nicolaus maintained the stock with "Buy" rating in Monday, February 8 report. Citigroup reiterated a "buy" rating and issued a $40.00 target price on shares of Cisco Systems in a research report on Thursday, November 16th.

Cisco shares jumped 7.6% to US$45.30 in premarket trading on Thursday. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Cisco Systems has an average rating of "Buy" and a consensus price target of $42.94.

COPYRIGHT VIOLATION WARNING: "Cobblestone Capital Advisors LLC NY Buys 4,021 Shares of Cisco Systems, Inc". (NASDAQ CSCO) traded up $1.89 during mid-day trading on Thursday, reaching $43.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.87 and a quick ratio of 2.81. Cisco Systems now has an average rating of "Buy" and an average target price of $40.47. The stock was sold at an average price of $38.00, for a total value of $578,740.00. (NASDAQ:CSCO). Comerica Retail Bank has 0.6% invested in Cisco Systems, Inc. This compares to the year-ago quarter when its earned 57 cents per share on revenue of $11.58 billion. Cisco Systems had a return on equity of 16.64% and a net margin of 20.26%.

Cisco's core infrastructure platforms, which include its networking hardware, saw only a 2 percent rise in revenue, to $6.7 billion, but applications and security each rose 6 percent.

Networking-hardware provider Cisco Systems (NASDAQ:CSCO) reported its fiscal second-quarter results after the market closed on February 14. Amer Natl Ins Tx invested in 154,795 shares or 0.96% of the stock. This represents a $1.32 dividend on an annualized basis and a yield of 3.14%. Horan Cap Ltd holds 0.16% in Cisco Systems, Inc. Cisco Systems's dividend payout ratio is now 60.10%. Separately, Cisco announced a 14% hike to its quarterly dividend to 33 cents a share, and an authorization to buy back an additional $25 billion in shares, raising the total authorization to $31 billion. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued. Its last month's stock price volatility remained 3.52% which for the week approaches 2.87%. Simple BUY signals occur when prices close above the moving average; SELL signals occur when prices fall below the moving average. Hedge funds and other institutional investors own 75.42% of the company's stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Karen Walker sold 5,786 shares of the company's stock in a transaction dated Wednesday, November 22nd. The disclosure for this sale can be found here. Company insiders own 0.05% of the company's stock.

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