Analysts are on the Bearish side about Cisco Systems, Inc. (NASDAQ:CSCO) this week.

June 19, 2018 - By Adrian Mccoy

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment decreased to 0.73 in Q1 2018. Its down 0.30, from 1.03 in 2017Q4. It is negative, as 66 investors sold Cisco Systems, Inc. shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported.
Manchester Cap Mgmt Ltd, a Vermont-based fund reported 4,278 shares. Wilkins Counsel reported 37,951 shares. Callahan Advsrs Ltd Limited Liability Company has invested 1.98% in Cisco Systems, Inc. (NASDAQ:CSCO). Peak Asset Mngmt Limited Liability Corp owns 170,757 shares or 2.69% of their US portfolio. Perella Weinberg Ptnrs Cap Lp stated it has 188,759 shares or 0.36% of all its holdings. 246,797 are owned by Etrade Mgmt Ltd Liability Company. Macroview Invest Lc has invested 0.25% in Cisco Systems, Inc. (NASDAQ:CSCO). 10,731 are owned by Hayek Kallen Inv Mngmt. First Utd Retail Bank Trust accumulated 33,062 shares or 0.93% of the stock. Mirador Cap Prtnrs Limited Partnership has 40,870 shares. Beach Counsel Incorporated Pa invested in 0.15% or 32,909 shares. Benin Corporation reported 41,492 shares. 56,095 are held by North Star Investment Corp. Dsam Prtn (London) holds 0.38% or 52,188 shares. 7,768 were reported by Hengehold Capital Ltd Llc.

Since February 20, 2018, it had 0 buys, and 3 insider sales for $2.12 million activity. Goeckeler David sold $940,559 worth of stock or 20,671 shares. Shares for $625,751 were sold by SARIN ARUN on Tuesday, February 20.

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

Among 25 analysts covering Cisco Systems (NASDAQ:CSCO), 20 have Buy rating, 0 Sell and 5 Hold. Therefore 80% are positive. Cisco Systems had 41 analyst reports since January 5, 2018 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by BMO Capital Markets on Wednesday, February 14. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Overweight” rating given on Monday, February 26 by Morgan Stanley. Stifel Nicolaus maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, February 15 with “Hold” rating. Citigroup maintained the stock with “Buy” rating in Tuesday, February 13 report. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Hold” rating given on Wednesday, March 14 by Stifel Nicolaus. Cowen & Co maintained the stock with “Buy” rating in Monday, May 14 report. On Monday, June 4 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, February 15 by KeyBanc Capital Markets. The rating was maintained by Jefferies with “Buy” on Thursday, February 15. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by RBC Capital Markets on Sunday, February 11. Below is a list of Cisco Systems, Inc. (NASDAQ:CSCO) latest ratings and price target changes.

11/06/2018 Broker: J.P. Morgan Rating: Buy Maintain
08/06/2018 Broker: Oppenheimer Rating: Buy New Target: $50.0000 Maintain
04/06/2018 Broker: Cowen & Co Rating: Buy New Target: $51.0000 Maintain
17/05/2018 Broker: JMP Securities Rating: Hold
18/05/2018 Broker: Argus Research Rating: Buy New Target: $55.0000
16/05/2018 Broker: BMO Capital Markets Rating: Hold New Target: $43.0000
17/05/2018 Broker: RBC Capital Markets Rating: Buy New Target: $50.0000
17/05/2018 Broker: UBS Rating: Buy New Target: $51.0000 Maintain
17/05/2018 Broker: J.P. Morgan Rating: Buy New Target: $58.0000
17/05/2018 Broker: Credit Suisse Rating: Hold New Target: $41.0000

The stock decreased 1.15% or $0.51 during the last trading session, reaching $43.7. About 2.35 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 19, 2017 and is uptrending. It has outperformed by 25.03% the S&P500.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company has market cap of $205.52 billion. The firm offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. It currently has negative earnings. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “We Could Make 52% From Cisco In 7 Months Or Less” on June 04, 2018, also Benzinga.com with their article: “Stifel Raises AMD Price Target After Cisco Unveils EPYC-Powered Servers” published on June 01, 2018, Seekingalpha.com published: “Cisco Systems: Should We Be Worried?” on May 21, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Nvidia: The Rally Might Just Be Getting Started” published on June 17, 2018 as well as Globenewswire.com‘s news article titled: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” with publication date: May 23, 2018.

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

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