Greenwood Capital Associates LLC Decreases Position in Cisco Systems, Inc. (CSCO)


The hedge fund held 39,500 shares of the specialty insurers company at the end of 2017Q3, valued at $7.07 million, down from 48,800 at the end of the previous reported quarter. Among active positions in the latest quarter, 854 holders increased their positions by a total of 155.08 million shares, 935 holders decreased the positions by a total of 145.74 million shares, and 182 holders held their positions.

Harvest Capital Strategies Llc, which manages about $1.58 billion and $523.53M US Long portfolio, decreased its stake in Pilgrims Pride Corp New (NASDAQ:PPC) by 40,000 shares to 225,000 shares, valued at $6.39 million in 2017Q3, according to the filing.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, November 15th. It has underperformed by 3.50% the S&P500. Wespac Advisors Llc sold 63,221 shares as the company's stock declined 7.50% while stock markets rallied. The Eqis Capital Management Inc holds 122,556 shares with $4.12 million value, up from 113,350 last quarter. Stifel Financial Corp who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $204.12 billion market cap company. The stock increased 0.10% or $1.26 during the last trading session, reaching $1294.58.

Cisco Systems, Inc. (NASDAQ:CSCO) now has a Weekly Volatility of 1.70% percent while its Monthly Volatility is at 1.35% percent. It has underperformed by 6.54% the S&P500.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. Puzo Michael J stated it has 0.29% in Cisco Systems, Inc.

Shares of Cisco Systems (NASDAQ:CSCO) opened at 31.53 on Monday. Weatherly Asset LP stated it has 0.75% of its portfolio in Cisco Systems, Inc.

In related news, SVP Rebecca Jacoby sold 92,840 shares of Cisco Systems stock in a transaction that occurred on Wednesday, June 14th. On Wednesday, August 23 CHAMBERS JOHN T sold $7.79M worth of Cisco Systems, Inc. Insider ownership decreased by a total of 541234 shares, which suggests that CSCO's key executives are feeling less optimistic about the outlook for the stock. Vanguard Group Inc. increased its holdings in shares of Cisco Systems by 2.2% in the second quarter. (NASDAQ:CSCO) was sold by CHANDLER MARK D. Its up 0.48, from 1.09 in 2017Q2. It dropped, as 74 investors sold CSCO shares while 637 reduced holdings. 72 funds opened positions while 246 raised stakes. During the same period past year, the company earned $0.61 earnings per share. The Massachusetts-based Factory Mutual Ins Commerce has invested 1.15% in Cisco Systems, Inc. During the same quarter in the prior year, the company earned $0.61 earnings per share. sell-side analysts predict that Cisco Systems will post 2.21 earnings per share for the current year. (NASDAQ:CSCO) for 36,268 shares. Bancorpsouth reported 86,436 shares or 0.29% of all its holdings. 200 were accumulated by Quantum Mgmt Limited Liability Company Nj. City Holding Co. lifted its holdings in Cisco Systems by 0.5% in the second quarter.

On 9/13/2017 Charles Robbins, CEO, sold 121,390 with an average share price of $32.06 per share and the total transaction amounting to $3,891,763.40. Van Eck Corp invested in 4,407 shares. Page Arthur B holds 0.29% or 9,945 shares in its portfolio. (NASDAQ:CSCO). The Maine-based Spinnaker Tru has invested 0.68% in Cisco Systems, Inc. Lpl Fin Lc holds 0.11% or 905,316 shares. Visionary Asset Incorporated accumulated 191,207 shares or 0.83% of the stock. Wunderlich maintained Cisco Systems, Inc. The firm's revenue for the quarter was down 1.7% compared to the same quarter last year. equities analysts forecast that Cisco Systems, Inc. will post 2.21 EPS for the current year. Vetr lowered Cisco Systems from a buy rating to a hold rating and set a $34.13 target price on the a report on Monday, September 25th. Therefore 65% are positive. Cisco Systems Inc. had 136 analyst reports since August 4, 2015 according to SRatingsIntel.

Among 23 analysts covering Ciena (NYSE:CIEN), 20 have Buy rating, 0 Sell and 3 Hold. The rating was maintained by Oppenheimer with "Outperform" on Friday, February 12.

ILLEGAL ACTIVITY NOTICE: "Cisco Systems, Inc". The rating was maintained by Cowen & Co on Tuesday, September 5 with "Buy". The firm earned "Buy" rating on Friday, July 21 by Wells Fargo. Piper Jaffray Companies reiterated an "overweight" rating and set a $44.00 target price on shares of Cisco Systems in a research note on Wednesday, January 10th. The rating was maintained by Drexel Hamilton with "Buy" on Thursday, August 18. The firm has "Overweight" rating given on Thursday, August 18 by Piperjaffray.

Investors sentiment increased to 1.57 in 2017 Q3. Its up 0.20, from 0.85 in 2017Q2. It dived, as 46 investors sold CIEN shares while 79 reduced holdings. The network equipment provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. California State Teachers Retirement Sys owns 169,519 shares or 0.04% of their U.S. portfolio. Schulhoff And invested in 36,899 shares or 0.74% of the stock. TIAA CREF Investment Management LLC increased its holdings in shares of Cisco Systems by 11.6% in the second quarter. First American Bank now owns 203,324 shares of the network equipment provider's stock valued at $6,365,000 after acquiring an additional 2,298 shares during the period. Loomis Sayles & Co Limited Partnership reported 3.13% stake. Gsa Capital Ptnrs Limited Liability Partnership accumulated 0.02% or 8,260 shares. Eaton Vance holds 61,029 shares or 0% of its portfolio. United Kingdom-based Investec Asset Mgmt Limited has invested 0.07% in Devon Energy Corporation (NYSE:DVN). Envestnet Asset Mngmt Inc holds 0% or 12,143 shares. Tower Research Cap Limited Liability (Trc) invested in 5,377 shares. (NYSE:AZO). Virtus Invest Advisers invested in 0.04% or 597 shares. Cubic Asset Mngmt has 12,050 shares for 0.12% of their portfolio. Daiwa Sb Investments Ltd, Japan-based fund reported 580 shares. State Board Of Administration Of Florida Retirement Sys has invested 0.01% in Ciena Corporation (NYSE:CIEN). Therefore 67% are positive. The rating was upgraded by Morgan Stanley on Monday, May 15 to "Overweight". The rating was maintained by RBC Capital Markets on Wednesday, December 7 with "Sector Perform". The rating was upgraded by Needham to "Buy" on Friday, September 8. As per Friday, October 13, the company rating was maintained by Robert W. Baird. The stock of Devon Energy Corporation (NYSE:DVN) has "Neutral" rating given on Wednesday, January 13 by Seaport Global. The firm has "Hold" rating given on Wednesday, May 31 by BMO Capital Markets. Jefferies has "Hold" rating and $165.0 target. As per Tuesday, January 16, the company rating was maintained by Stephens. (NYSE:PKI) by 669,225 shares to 601,564 shares, valued at $41.49B in 2017Q3, according to the filing. It also reduced its holding in Ford Mtr Co Del (NYSE:F) by 300,763 shares in the quarter, leaving it with 690 shares, and cut its stake in Crown Castle Intl Corp New (Prn) (NYSE:CCI).

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