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Wetherby Asset Management Inc. Decreases Stake in Cisco Systems, Inc. (CSCO)

12 January 2018

Loews Corp bought 50,000 shares as the company's stock declined 7.50% while stock markets rallied. The company holds 4.98 billion outstanding shares and 4.94 billion shares are floating in market. The stock now has Monthly Volatility of 1.24% and Weekly Volatility of 0.85%. During the same period past year, the company earned $0.57 earnings per share. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 5, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

Northeast Investment Management, which manages about $1.26 billion and $1.13 billion US Long portfolio, decreased its stake in United Parcel Service Cl B (NYSE:UPS) by 9,182 shares to 83,988 shares, valued at $10.09 million in 2017Q3, according to the filing. It also increased its holding in Signature Bk New York N Y (NASDAQ:SBNY) by 12,500 shares in the quarter, for a total of 332,500 shares, and has risen its stake in Alphabet Inc. Henry Schein Inc. had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Access National Corporation (NASDAQ:ANCX) earned "Buy" rating by Maxim Group on Monday, October 30. The stock of Flexion Therapeutics, Inc. The rating was downgraded by Goldman Sachs on Wednesday, June 15 to "Neutral". The firm has a market capitalization of $193,640.00, a P/E ratio of 20.30, a P/E/G ratio of 3.46 and a beta of 1.19. KeyBanc Capital Markets maintained Cisco Systems, Inc. The stock has "Outperform" rating by Telsey Advisory Group on Monday, December 7. The rating was maintained by Deutsche Bank on Thursday, February 11 with "Buy". RBC Capital Markets maintained it with "Outperform" rating and $37 target in Thursday, February 16 report. The rating was maintained by Maxim Group with "Buy" on Thursday, August 10. The stock of Everest Re Group, Ltd. (NYSE:RE) earned "Hold" rating by Keefe Bruyette & Woods on Monday, December 4.

Since August 28, 2017, it had 0 insider buys, and 3 selling transactions for $89,365 activity. Another trade for 25,638 shares valued at $821,900 was sold by BHATT PRAT.

Investors sentiment increased to 1.12 in 2017 Q3.

Since September 6, 2017, it had 0 insider purchases, and 1 sale for $366,756 activity. It also reduced its holding in Nucor Corp (NYSE:NUE) by 13,095 shares in the quarter, leaving it with 23,567 shares, and cut its stake in Epr Pptys (NYSE:EPR). 35 funds opened positions while 84 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. Old Dominion Capital Mngmt stated it has 29,357 shares or 1% of all its holdings. TIAA CREF Investment Management LLC now owns 27,570,250 shares of the network equipment provider's stock valued at $862,949,000 after buying an additional 2,863,474 shares during the last quarter. Laffer has invested 1.24% of its portfolio in The Home Depot, Inc. Moreover, Gateway Inv Advisers Ltd Llc has 0.04% invested in NIKE, Inc. Weatherly Asset Mngmt Lp reported 0.56% stake. The data from the past twelve months tells a similar story: insiders executed 32 buys and 46 sells, and ownership decreased by a net of 1.08 million shares. (NYSE:HD). Northstar Invest Advsr Lc reported 87,742 shares or 2.8% of all its holdings.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. (NYSE:VZ) for 44,479 shares. Mirae Asset Glob Investments Communications Limited accumulated 171,338 shares or 0.08% of the stock. Confluence Wealth Management Ltd Liability Company owns 26,529 shares. Cwm Limited Liability holds 0% or 12 shares in its portfolio. (NYSE:EAT). State Of Tennessee Treasury Department holds 13,921 shares. They expect $-0.31 EPS, down 14.81% or $0.04 from last year's $-0.27 per share.

Investors sentiment decreased to 1.02 in 2017 Q3. Its up 0.25, from 0.88 in 2017Q2. It dropped, as 74 investors sold CSCO shares while 637 reduced holdings. 96 funds opened positions while 292 raised stakes.

Institutions own 75.84% of Cisco Systems, Inc. (NASDAQ:CSCO) shares. BARTZ CAROL sold $7.59 million worth of stock or 200,000 shares. Institutional owners hold 78.10% stake in the company while Insiders ownership held at 0.10%.

In recent trading day Cisco Systems, Inc.

Cisco Systems, Inc. has a 12-month low of $29.80 and a 12-month high of $39.28. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Maple Cap Mgmt stated it has 0.11% of its portfolio in Cisco Systems, Inc.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 15th.

Analysts await Corning Incorporated (NYSE:GLW) to report earnings on January, 23. Credit Suisse Group AG restated an "underperform" rating and issued a $25.00 price target on shares of Cisco Systems in a research note on Thursday, December 29th. Matrix Asset Advisors invested in 642,206 shares or 3.56% of the stock. First Long Island Investors Limited Liability Company reported 7,714 shares.

Moreover, Cisco Systems, Inc. may not help your current situation, but now that you have a better understanding, you will know when to act if the time comes. Deutsche Bank maintained the shares of CSCO in report on Thursday, August 18 with "Buy" rating. Therefore 43% are positive. Nordea Investment Management AB grew its position in Cisco Systems by 12.1% during the 2nd quarter. (NYSE:NKE) has "Buy" rating given on Friday, September 30 by Guggenheim. UBS maintained Cisco Systems, Inc. Cisco Systems has a consensus rating of "Buy" and a consensus price target of $33.91. The firm has "Hold" rating given on Monday, September 11 by Buckingham Research. Piper Jaffray maintained Henry Schein, Inc. Barclays Capital maintained the shares of CSCO in report on Thursday, May 19 with "Overweight" rating. The firm has "Market Perform" rating given on Tuesday, November 7 by Leerink Swann. As per Tuesday, September 5, the company rating was maintained by Jefferies. CHAMBERS JOHN T sold $7.79 million worth of Cisco Systems, Inc.