Tortoise Investment Management LLC grew its position in shares of Cisco Systems by 36.1% in the 2nd quarter. The network equipment provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.01. Regions Financial has 0.95% invested in Cisco Systems, Inc.
Cisco Systems (CSCO) traded down $0.41 during mid-day trading on Wednesday, hitting $37.31. The shares were sold at an average price of $36.50, for a total transaction of $9,125,000.00.
Price-to-free-cash-flow (P/FCF) of 23.98 gives an overview of the equity valuation for Cisco Systems, Inc. It has underperformed by 3.50% the S&P500.
Minneapolis Portfolio Management Group Llc decreased its stake in Cisco Sys Inc (CSCO) by 9.31% based on its latest 2017Q2 regulatory filing with the SEC. The Dumont & Blake Investment Advisors Llc holds 2,300 shares with $72,000 value, down from 57,998 last quarter. Birch Hill Investment Advisors Llc who had been investing in Marsh & Mclennan Cos Inc for a number of months, seems to be less bullish one the $43.05 billion market cap company. The stock increased 0.34% or $0.185 during the last trading session, reaching $55.005. About 3.23 million shares traded. Marsh & McLennan Companies, Inc. WNS (NYSE:Holdings Limited) has 0.00% since December 6, 2016 and is. It has underperformed by 50.43% the S&P500.
More notable recent Cisco Systems, Inc.
Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, November 15th. "General Electric" on November 07, 2017. Walker Karen sold $244,125 worth of Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: "Finally, Cisco Gets What It Deserves" published on December 01, 2017 as well as Finance.Yahoo.com's news article titled: "Cisco Systems, Inc".
Investors sentiment decreased to 0.82 in 2017 Q2.
Investors sentiment increased to 1.18 in Q2 2017.
Currently, the stock carries a price to earnings ratio of 17.57, a price to book ratio of 0.9, and a price to sales ratio of 1.26.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CSCO. 111 funds opened positions while 694 raised stakes. Smithfield Tru stated it has 0.2% in Cisco Systems, Inc. Jefferies Group boosted their target price on Cisco Systems to $40.00 and gave the company a "buy" rating in a report on Thursday, November 16th. (NASDAQ:CSCO). Evanson Asset Management Limited Company holds 122,994 shares. Blume Cap Mngmt accumulated 10,113 shares or 0.18% of the stock. Ardsley Advisory Prns owns 30,000 shares for 0.17% of their portfolio. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider's stock valued at $104,000 after buying an additional 878 shares during the period. Proshare Advsrs Ltd Limited Liability Company invested 0.06% in Anadarko Petroleum Corporation (NYSE:APC). 469.17 million shares or 0.19% more from 468.26 million shares in 2017Q1 were reported. Fin Inc invested in 0.05% or 3,518 shares. Cisco Sys Inc now has $185.44 billion valuation. Hillhouse Capital Management Ltd., a Hong Kong-based fund reported 8.85 million shares. Lee Danner & Bass has invested 0.55% in Cisco Systems, Inc. Baring Asset Mgmt Ltd owns 19,271 shares or 0.04% of their U.S. portfolio. Washington Bancorporation reported 113,153 shares. It also upped International Business Machine (NYSE:IBM) stake by 16,820 shares and now owns 19,220 shares.
Since June 11, 2017, it had 0 insider purchases, and 2 selling transactions for $3.19 million activity.
In other Cisco Systems news, CAO Prat Bhatt sold 25,638 shares of the company's stock in a transaction dated Wednesday, September 13th. Cisco Systems Inc. had 131 analyst reports since August 4, 2015 according to SRatingsIntel. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-one have given a buy rating to the company's stock. Therefore 62% are positive. Jefferies maintained Cisco Systems, Inc. Robert W. Baird reiterated a "buy" rating and issued a $38.00 price target on shares of Cisco Systems in a research report on Monday, September 11th. The rating was upgraded by OTR Global to "Positive" on Thursday, February 2. The company was maintained on Thursday, August 13 by Jefferies. The stock has "Buy" rating by Drexel Hamilton on Tuesday, August 15. (NASDAQ:HSIC), 9 have Buy rating, 1 Sell and 9 Hold. The firm has "Buy" rating given on Tuesday, November 14 by Wells Fargo. At the moment, the average analyst rating for CSCO is Moderate Buy. (NASDAQ:CSCO) or 142,379 shares. The firm has "Overweight" rating by Barclays Capital given on Wednesday, October 14.
Among 14 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 6 Hold. The firm has a market capitalization of $186,473.44, a price-to-earnings ratio of 17.38, a PEG ratio of 3.41 and a beta of 1.19. The stock of National Grid plc (NYSE:NGG) earned "Buy" rating by Berenberg on Friday, January 20. On Tuesday, August 15 the stock rating was maintained by Stifel Nicolaus with "Hold". PiperJaffray upgraded the shares of HSIC in report on Friday, September 15 to "Overweight" rating. The firm has "Neutral" rating given on Tuesday, March 21 by BNP Paribas.