Analyst Activity - William Blair Reiterates Outperform on Cisco Systems (NASDAQ:CSCO)

Cisco Systems, Inc. Earnings Preview: Stock Up, Modest Beat Expected

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.

More notable recent Cisco Systems, Inc. It worsened, as 74 investors sold CSCO shares while 637 reduced holdings. Mountain Capital Investment Advisors Inc acquired a new stake in Cisco Systems during the 2nd quarter valued at $104,000. CHANDLER MARK D sold $2.11M worth of Cisco Systems, Inc.

Excluding items, the company earned 63 cents per share.

Park Avenue Securities Llc, which manages about $5.63 billion and $323.80 million US Long portfolio, upped its stake in Rydex Etf Tr Guggenheim S&P 500 Pure Value Etf (RPV) by 41,234 shares to 182,646 shares, valued at $11.32 million in 2017Q3, according to the filing. (NASDAQ:CSCO) were released by: and their article: "Cisco Expects to Put Up a Big Earnings Number" published on February 09, 2018 as well as's news article titled: "Is Cisco Systems, Inc. a Buy in 2018?" with publication date: January 20, 2018.

Cisco Systems (NASDAQ:CSCO) has insider ownership of 0.05% and institutional ownership of 75.42%.

On 11/22/2017 Prat Bhatt, CAO, sold 2,606 with an average share price of $36.49 per share and the total transaction amounting to $95,092.94. The 12-month average price target stands at $42.39, marking a 3% upside. Following the completion of the transaction, the senior vice president now directly owns 257,476 shares in the company, valued at $9,892,227.92. The disclosure for this sale can be found here. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares.

Cisco Systems reported its first revenue growth in two years and forecasts profit growth for the current reporting period. (NASDAQ:CSCO) on Thursday, December 14. About 53.84 million shares traded or 109.81% up from the average. At the same time as, it has debt to equity ratio of 0.55 and similar long term debt to equity ratio was 0.39. The firm has a market capitalization of $217,910.00, a price-to-earnings ratio of -137.75, a P/E/G ratio of 3.71 and a beta of 1.23. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 15, 2017 and is uptrending. The network equipment provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.04, Bloomberg Earnings reports.

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.

The Return on Equity for Cisco Systems, Inc. During the same period in the previous year, the firm earned $0.57 earnings per share. analysts predict that Cisco Systems, Inc. will post 2.23 EPS for the current year.

X Including the new $25 billion buyback, Cisco now has $31 billion authorized for share repurchases. LSV Asset Management now owns 27,453,460 shares of the network equipment provider's stock valued at $859,293,000 after purchasing an additional 134,162 shares in the last quarter. Earnings per share serves as an indicator of a company's profitability. It announced a 14 percent increase in its quarterly dividend to 33 cents a share. Investors of record on Thursday, April 5th will be paid a $0.33 dividend. Horan Cap Ltd holds 0.16% in Cisco Systems, Inc. This represents a $1.32 dividend on an annualized basis and a yield of 3.14%. Hallmark Cap Mngmt reported 2.28% of its portfolio in Cisco Systems, Inc. Chevron Corporation had 114 analyst reports since August 4, 2015 according to SRatingsIntel. Wells Fargo & Co reiterated an "outperform" rating and issued a $42.00 target price on shares of Cisco Systems in a research note on Tuesday, November 14th.

As such, Ives reiterates an Attractive rating on Cisco stock, with a price target of $45, which implies a slight upside from today's closing price. Cowen restated a "buy" rating on shares of Cisco Systems in a report on Friday, November 17th. They noted that the move was a valuation call. Piper Jaffray maintained it with "Buy" rating and $36.0 target in Wednesday, August 16 report.

Among 8 analysts covering Heska Corp (NASDAQ:HSKA), 4 have Buy rating, 0 Sell and 4 Hold.

COPYRIGHT VIOLATION WARNING: "Cobblestone Capital Advisors LLC NY Buys 4,021 Shares of Cisco Systems, Inc".



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