Cisco Systems (NASDAQ:CSCO) Given New $46.00 Price Target at Citigroup

Anchor Capital Advisors LLC now owns 27,800 shares of the network equipment provider's stock valued at $870,000 after buying an additional 2,700 shares during the last quarter. The institutional investor held 1.01 million shares of the technology company at the end of 2017Q3, valued at $39.88M, up from 370,800 at the end of the previous reported quarter. Beacon Financial Group who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $214.11B market cap company. NewFocus Financial Group LLC now owns 159,318 shares of the network equipment provider's stock worth $4,987,000 after purchasing an additional 1,273 shares in the last quarter. Financial Advisory Service Inc. now owns 13,689 shares of the network equipment provider's stock worth $428,000 after purchasing an additional 79 shares during the period.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, February 14th. It has underperformed by 3.50% the S&P500.

Davis Selected Advisers increased its stake in Hollysys Automation Technologies Ltd. (HOLI) by 22.5% based on its latest 2017Q3 regulatory filing with the SEC. Rand Wealth LLC now owns 239,630 shares of the network equipment provider's stock worth $7,500,000 after buying an additional 2,130 shares during the period. The stock increased 0.37% or $0.68 during the last trading session, reaching $186.15. (NASDAQ:CSCO). 654,542 are held by Meyer Handelman. DTE Energy Company (NYSE:DTE) has risen 19.61% since February 23, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2.

A number of hedge funds have recently bought and sold shares of CSCO.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilbanks Smith & Thomas Asset Mngmt Ltd has 0.14% invested in Cisco Systems, Inc. (NASDAQ:CSCO) or 148,827 shares. ARNZEN APRIL S had sold 1,222 shares worth $53,487. The New York-based Altfest L J & has invested 0.8% in Cisco Systems, Inc. Williams Jones & Assocs Limited Liability Company holds 3,000 shares or 0.01% of its portfolio. (NASDAQ:CSCO). Vaughan Nelson Investment Limited Partnership stated it has 0.02% in Cisco Systems, Inc. (NASDAQ:CSCO). Wealth Enhancement Advisory Lc holds 98,455 shares. Alpha Windward Ltd Llc reported 6,385 shares. Indiana Trust & Investment Management Communication holds 20,442 shares. 359,652 are owned by Carnegie Capital Asset Mngmt Ltd Liability Corp. Reilly Advsrs Limited Liability invested 0.03% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Putnam Fl Inv Management Com holds 80,103 shares or 0.26% of its portfolio. Louisiana State Employees Retirement stated it has 0.49% of its portfolio in Cisco Systems, Inc. Cisco Systems's payout ratio is now -362.50%. Vetr lowered Cisco Systems from a "buy" rating to a "hold" rating and set a $35.78 price objective for the company.in a report on Friday, November 17th. Therefore 57% are positive.

Royce & Associates LP lifted its stake in shares of Cisco Systems, Inc. Barnett & Company Inc. boosted its stake in shares of Cisco Systems by 1,511.5% in the 2nd quarter. Cowen restated a "buy" rating and set a $38.00 target price on shares of Cisco Systems in a research report on Friday, November 3rd. Oppenheimer restated a "buy" rating and issued a $36.00 price target on shares of Cisco Systems in a research note on Tuesday, October 31st. (NASDAQ:MU) earned "Buy" rating by Barclays Capital on Thursday, October 12. (NASDAQ:CSCO) on Thursday, February 15 with "Buy" rating. The company was maintained on Wednesday, June 21 by Nomura. The rating was maintained by Barclays Capital on Thursday, November 16 with "Buy". The firm has "Buy" rating by Stifel Nicolaus given on Friday, November 13. The company was maintained on Tuesday, October 24 by Needham.

Since August 23, 2017, it had 0 insider buys, and 6 selling transactions for $15.73 million activity. On Monday, September 11 the insider BHATT PRAT sold $821,900. Another trade for 65,000 shares valued at $2.11M was made by CHANDLER MARK D on Monday, September 18. (NASDAQ:CSCO) for 321,519 shares. SARIN ARUN sold $625,751 worth of stock or 14,189 shares. Citigroup maintained Carrols Restaurant Group, Inc. $740,883 worth of Cisco Systems, Inc.

Private Capital Management Llc, which manages about $900.00M and $656.56M US Long portfolio, decreased its stake in Jamba Inc. It also increased its holding in Ishares Tr (IYW) by 2,781 shares in the quarter, for a total of 10,567 shares, and has risen its stake in Ishares Tr (IBB). Deutsche Bank maintained Cisco Systems, Inc.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on April, 24. CSCO's profit will be $2.84 billion for 18.40 P/E if the $0.59 EPS becomes a reality. During the same quarter in the prior year, the business posted $0.57 earnings per share. sell-side analysts expect that Cisco Systems will post 2.32 EPS for the current fiscal year. Therefore 100% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 26 by Raymond James. As per Wednesday, January 25, the company rating was initiated by Credit Suisse. Mizuho maintained the stock with "Neutral" rating in Tuesday, January 19 report. Zacks Investment Research raised Cisco Systems from a "hold" rating to a "buy" rating and set a $46.00 target price on the stock in a research report on Wednesday, January 17th. (NASDAQ:CSCO). Delta Asset Mngmt Limited Co Tn reported 17,889 shares. (NASDAQ:CSCO) by 1.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. BMO Capital Markets upgraded the shares of MU in report on Monday, October 9 to "Hold" rating.

Investors sentiment increased to 2.16 in 2017 Q3.

Since February 15, 2018, it had 0 buys, and 1 sale for $20.17 million activity. It also reduced its holding in Eqt Midstream Partners L.P. (NYSE:EQM) by 4,710 shares in the quarter, leaving it with 126,102 shares, and cut its stake in Marsh & Mclennan Co. 44 funds opened positions while 158 raised stakes. Edmp invested in 50,092 shares. (NASDAQ:TAST). Guggenheim invested in 0% or 99,439 shares. Stockholders of record on Thursday, April 5th will be paid a $0.33 dividend. Hikari Power Ltd invested in 0.71% or 163,890 shares. Moreover, Plancorp Ltd has 0.93% invested in General Electric Company (NYSE:GE) for 130,586 shares. Garde Inc holds 0.08% or 12,435 shares in its portfolio. Liberty Mutual Grp Inc Asset has invested 0.44% in The Home Depot, Inc. Moreover, Albion Fin Ut has 7.51% invested in General Electric Company (NYSE:GE). Janney Montgomery Scott Ltd Liability Co holds 0% or 3,964 shares in its portfolio. Somerville Kurt F has 0.58% invested in General Electric Company (NYSE:GE).

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