As Cisco Systems INC (CSCO) Share Price Rose, Tiaa Cref Investment Management LLC Increased Position by $70.42 Million

April 16, 2018 - By Richard Conner

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It is positive, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Td Cap Mgmt Limited Liability Com reported 0.02% stake. Psagot Invest House Ltd reported 0.41% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Financial Management Professionals has 2,793 shares. Walter And Keenan Fincl Consulting Company Mi Adv holds 101,608 shares. Timber Creek Capital Mngmt Lc, Massachusetts-based fund reported 121,576 shares. Tctc Llc holds 0.59% or 294,355 shares. Page Arthur B owns 0.33% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 9,945 shares. Los Angeles Capital & Equity Research Inc reported 909,669 shares. Strategic Advsr Lc has 0.97% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 61,731 shares. Barrow Hanley Mewhinney Strauss Limited Liability Corporation reported 3.05M shares stake. State Of Wisconsin Inv Board owns 6.48 million shares or 0.68% of their US portfolio. Valmark Advisers Inc owns 0.01% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 6,951 shares. Gateway Invest Advisers Lc invested in 2.82 million shares. Gator Mngmt Limited Com has 11,400 shares for 0.42% of their portfolio. Greatmark Ptnrs Inc has 241,495 shares.

Since December 14, 2017, it had 0 buys, and 5 insider sales for $10.28 million activity. On Thursday, December 14 BARTZ CAROL sold $7.59M worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 200,000 shares. On Monday, February 26 the insider BURNS M MICHELE sold $550,153. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares. SARIN ARUN sold $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, February 20.

Tiaa Cref Investment Management Llc increased its stake in Cisco Systems Inc (CSCO) by 6.68% based on its latest 2017Q4 regulatory filing with the SEC. Tiaa Cref Investment Management Llc bought 1.85M shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 29.60M shares of the technology company at the end of 2017Q4, valued at $1.13B, up from 27.75M at the end of the previous reported quarter. Tiaa Cref Investment Management Llc who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $208.45 billion market cap company. The stock increased 0.63% or $0.27 during the last trading session, reaching $43.27. About 5.10M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 16, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Tiaa Cref Investment Management Llc, which manages about $151.69 billion US Long portfolio, decreased its stake in International Paper Co (NYSE:IP) by 428,544 shares to 1.95 million shares, valued at $112.91M in 2017Q4, according to the filing. It also reduced its holding in Lpl Financial Holdings Inc (NASDAQ:LPLA) by 255,471 shares in the quarter, leaving it with 424,177 shares, and cut its stake in Rockwell Collins Inc (NYSE:COL).

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Among 23 analysts covering Cisco Systems (NASDAQ:CSCO), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Cisco Systems had 41 analyst reports since October 24, 2017 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, February 14. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, January 18. The firm earned “Buy” rating on Sunday, February 11 by RBC Capital Markets. The rating was maintained by Citigroup on Thursday, November 16 with “Buy”. The company was maintained on Monday, February 12 by Cowen & Co. The firm has “Buy” rating given on Tuesday, November 14 by Wells Fargo. The rating was maintained by BMO Capital Markets on Thursday, March 22 with “Hold”. As per Friday, January 5, the company rating was upgraded by Bank of America. Jefferies maintained the stock with “Buy” rating in Thursday, February 15 report. On Monday, November 27 the stock rating was maintained by Bernstein with “Buy”.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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