Cisco repatriating $67B, boosting share buyback program

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

The stock decreased 0.31% or $0.169 during the last trading session, reaching $55.141. Hill-Rom Holdings, Inc. (NYSE:HRC) has risen 57.47% since February 15, 2017 and is uptrending. Hallmark Cap Mngmt reported 2.28% of its portfolio in Cisco Systems, Inc. The Texas Permanent School Fund holds 258,776 shares with $36.54M value, down from 263,548 last quarter. Edgar Lomax Co who had been investing in Cisco Sys Inc Com for a number of months, seems to be less bullish one the $217.92B market cap company.

Shares of Cisco Systems (NASDAQ:CSCO) traded up $0.86 during midday trading on Thursday, reaching $42.09. About 7.92 million shares traded. Cisco Systems, Inc. (CSCO) has made its way to a 12-month gain of 28.96%. It has underperformed by 5.29% the S&P500.

Summit Creek Advisors Llc, which manages about $971.18M and $507.71M US Long portfolio, upped its stake in Carbonite Inc.

Since August 16, 2017, it had 0 insider purchases, and 1 insider sale for $3.06 million activity. McMahon John sold $263,857 worth of stock or 2,608 shares. Investors of record on Thursday, April 5th will be paid a $0.33 dividend. Its down 0.16, from 1.18 in 2017Q2.

On 9/18/2017 Mark D. Chandler, SVP, sold 65,000 with an average share price of $32.43 per share and the total transaction amounting to $2,107,950.00. Lathrop Investment Management holds 3.6% or 402,429 shares in its portfolio. California State Teachers Retirement Sys invested in 0.04% or 536,431 shares. Farmers & Merchants stated it has 209,722 shares or 0.56% of all its holdings. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider's stock worth $104,000 after purchasing an additional 878 shares during the period. Stearns Grp holds 0.55% or 64,629 shares in its portfolio. Kidder Stephen W reported 19,350 shares or 0.24% of all its holdings. Investors measure stock performance on the basis of a company's earnings power. Lord Abbett & Co Limited Liability Company holds 0.25% or 5.04 million shares. Smithfield reported 42,803 shares. 119.98 million shares or 3.47% more from 115.96 million shares in 2017Q2 were reported.

Among 10 analysts covering LKQ (NASDAQ:LKQ), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 68% are positive. Heska Corp had 13 analyst reports since August 25, 2015 according to SRatingsIntel. Victory Capital Mgmt accumulated 1.53M shares or 0.08% of the stock. Stifel Nicolaus reissued a "hold" rating and issued a $46.00 target price (up from $40.00) on shares of Cisco Systems in a research note on Thursday. The firm earned "Buy" rating on Thursday, September 7 by RBC Capital Markets. That will provide a nice boost to per-share earnings over the next couple of years, which will allow the company to continue raising the dividend faster than the rate of earnings growth.

"While the company has more to show quarter after quarter, it appears the turnaround is happening and Cisco CEO Chuck Robbins and team deserve a lot of credit", said Patrick Moorhead, president and principal analyst at Moor Insights & Strategy. The firm earned "Overweight" rating on Wednesday, October 14 by Barclays Capital. It also increased its holding in Epam Sys Inc (NYSE:EPAM) by 76,625 shares in the quarter, for a total of 216,086 shares, and has risen its stake in Goldman Sachs Group Inc (NYSE:GS).

The astute investors who found value in the networking giant are getting rewarded again: Cisco reported strong second-quarter earnings and raised its Q3 guidance. (NASDAQ:CSCO) shares were sold by BARTZ CAROL. 107 funds opened positions while 619 raised stakes. United Svcs Automobile Association owns 8.48 million shares. 143,097 are held by Boston. (NYSE:HRC). Etrade Mngmt Lc, a New York-based fund reported 7,307 shares. Benchmark Cap Advsrs owns 22,800 shares. The stock of ChemoCentryx, Inc. (NASDAQ:CSCO) for 14,862 shares. The New York-based Guardian Life Insurance Of America has invested 0% in LKQ Corporation (NASDAQ:LKQ). The Ohio-based Stratos Wealth Prtnrs Ltd has invested 0.25% in Cisco Systems, Inc. (NASDAQ:CSCO) for 291,595 shares. Jpmorgan Chase And holds 1,478 shares. Greenwich holds 0.37% or 155,686 shares in its portfolio. That would put Cisco Systems earnings at 60 cents per share, ahead of expectations. Blackrock holds 0.03% or 18.62 million shares in its portfolio. Df Dent Com Incorporated invested 0.06% in Cisco Systems, Inc. Bnp Paribas Arbitrage holds 0% of its portfolio in Cardiovascular Systems, Inc.

Among 38 analysts covering Cisco Systems Inc. Therefore 44% are positive. Cisco Systems Inc. had 150 analyst reports since August 4, 2015 according to SRatingsIntel. Deutsche Bank & Trust Ag holds 0% or 20,257 shares. (NASDAQ:CSCO) rating on Monday, July 31. The rating was downgraded by Clarkson Capital on Tuesday, February 9 to "Neutral". J.P. Morgan maintained the shares of CSCO in report on Wednesday, June 21 with "Hold" rating. Piperjaffray maintained Cisco Systems, Inc. KeyBanc Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, May 19 with "Underperform" rating. Lucas Capital Management bought 17,921 shares as the company's stock declined 7.64% while stock markets rallied.

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