Friday, 24 November, 2017

Cisco Systems, Inc. (NASDAQ:CSCO) Given Buy Rating at Cowen and Company

Cisco Systems, Inc. (NASDAQ:CSCO) Given Buy Rating at Cowen and Company Cisco Systems, Inc. (NASDAQ:CSCO) Given Buy Rating at Cowen and Company
Theresa Hayes | 15 November, 2017, 12:30

The Jericho Capital Asset Management Lp holds 752,471 shares with $45.62 million value, down from 1.83 million last quarter. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since November 14, 2016 and is uptrending.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 77.4 Percent. About 10.48 million shares traded.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 16th. It has outperformed by 40.53% the S&P500. Santa Barbara Asset Management Llc bought 994,672 shares as the company's stock declined 7.50% while stock markets rallied. The value of the company's investment in Cisco Systems Inc went from $184,951,000 to $107,649,000 a change of 41.8% since the last quarter. Nasdaq, Inc. (NDAQ) holds the market capitalization of $12.61B along with 167.16M outstanding shares. The stock increased 0.27% or $0.09 during the last trading session, reaching $34.04.

About 197,151 shares traded. (NASDAQ:CSCO). Argent has invested 0.57% in Cisco Systems, Inc. It has underperformed by 3.50% the S&P500. CSCO's profit will be $2.72 billion for 15.48 P/E if the $0.55 EPS becomes a reality. The network equipment provider reported $0.61 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.61.

Among 5 analysts covering Enanta Pharmaceuticals Inc (NASDAQ:ENTA), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 24% are positive. Visa Inc. had 92 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of ISBC in report on Thursday, June 1 with "Buy" rating. The rating was downgraded by Goldman Sachs to "Buy" on Monday, February 8. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, June 22. The company was maintained on Friday, June 23 by Credit Suisse. Wedbush maintained PTC Inc (NASDAQ:PTC) rating on Thursday, October 27. The firm has "Underweight" rating given on Tuesday, December 6 by Barclays Capital. Citigroup maintained it with "Buy" rating and $54 target in Friday, November 10 report.

Arete Wealth Advisors Llc decreased Caterpillar Inc Del (NYSE:CAT) stake by 13,708 shares to 18,216 valued at $1.96 million in 2017Q2. It also upped Broadcom Ltd stake by 11,000 shares and now owns 223,000 shares.

A statistical measure of the dispersion of returns (volatility) for NDAQ producing salvation in Investors mouth, it has week volatility of 1.96% and for the month booked as 1.48%.

The SMA200 of the stock is at 3.78%, SMA20 is -0.65%, while SMA50 is 1.55%. 123 funds opened positions while 686 raised stakes. Its up 8.66% from 3.16 million shares previously. Silvercrest Asset Mgmt Group has 0.02% invested in PTC Inc (NASDAQ:PTC). 226.80 million shares or 1.51% less from 230.28 million shares in 2017Q1 were reported. Salem Management Inc reported 205,150 shares or 3.59% of all its holdings. Cambridge Investment Rech Advsr invested in 0.24% or 519,599 shares. Fmr Ltd Com stated it has 0% in Enanta Pharmaceuticals Inc (NASDAQ:ENTA). Moreover, Brown Advisory has 0% invested in PTC Inc (NASDAQ:PTC). 296,659 are held by Dana. (NASDAQ:ISBC). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 11,667 shares. Dalton Greiner Hartman Maher And stated it has 153,480 shares or 0.49% of all its holdings. (NASDAQ:CSCO). Stanley holds 87,286 shares or 0.74% of its portfolio.

Investors sentiment decreased to 1.07 in Q2 2017. Its up 0.18, from 0.97 in 2017Q1. (NASDAQ:CSCO). 400,929 were accumulated by Andra Ap. Private Trust Co. NA raised its stake in shares of Cisco Systems by 25.2% in the second quarter. Loews Corp accumulated 500,000 shares. Foundry Partners Limited reported 279,360 shares or 0.89% of all its holdings. The SI to Enanta Pharmaceuticals Incorporated's float is 6.91%. (NASDAQ:CSCO). Park Circle holds 0.35% in Cisco Systems, Inc. That suggests something of the likelihood of a short squeeze in shares of CSCO. Wealthtrust Fairport Limited holds 0.03% or 4,098 shares. 294,760 were accumulated by Robecosam Ag. (NASDAQ:CSCO). Massachusetts-based Numeric Ltd Liability Com has invested 0.01% in Cisco Systems, Inc. Cisco Systems's revenue was down 2.6% on a year-over-year basis. Utd States Steel Carnegie Pension Fund accumulated 1.34M shares. Ingalls Snyder Limited Co, New York-based fund reported 13,000 shares. Voya Inv Limited Company owns 1.80M shares. Kings Point Capital Mngmt has 2,778 shares for 0.02% of their portfolio. Southeast Asset Advisors Inc. raised its holdings in Cisco Systems by 0.5% during the 1st quarter. The firm has "Buy" rating given on Wednesday, September 14 by Deutsche Bank. Therefore 56% are positive. The company was maintained on Thursday, May 19 by Barclays Capital. The rating was initiated by Avondale with "Market Perform" on Thursday, October 15. Stifel Nicolaus maintained the stock with "Hold" rating in Tuesday, August 15 report. SeaWorld Entertainment, Inc.'s beta is 0.77 whilst the stock has an average true range (ATR) of 0.66. The rating was maintained by Oppenheimer on Wednesday, August 16 with "Buy". The stock has "Neutral" rating by Sterne Agee CRT on Wednesday, September 9. The company was maintained on Wednesday, June 28 by BMO Capital Markets. Shareholders of record on Thursday, October 5th were paid a dividend of $0.29 per share.