Atika Capital Management Holding in Catalent (CTLT) Lifted as Market Value Rose; As Cisco Sys (CSCO) Stock Value Declined, Royal Bank Of Canada Has Boosted Its Stake by $609.82 Million

February 14, 2018 - By Adrian Mccoy

Royal Bank Of Canada increased its stake in Cisco Sys Inc (CSCO) by 2301.59% based on its latest 2017Q3 regulatory filing with the SEC. Royal Bank Of Canada bought 18.48M shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 19.28 million shares of the technology company at the end of 2017Q3, valued at $648.46M, up from 802,900 at the end of the previous reported quarter. Royal Bank Of Canada who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $203.83 billion market cap company. The stock increased 1.55% or $0.63 during the last trading session, reaching $41.23. About 31.00M shares traded or 22.84% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 14, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Brad Farber increased its stake in Catalent Inc (CTLT) by 61.45% based on its latest 2017Q3 regulatory filing with the SEC. Atika Capital Management Llc bought 51,000 shares as the company’s stock rose 16.38% with the market. The hedge fund run by Brad Farber held 134,000 shares of the health care company at the end of 2017Q3, valued at $5.35M, up from 83,000 at the end of the previous reported quarter. Atika Capital Management Llc who had been investing in Catalent Inc for a number of months, seems to be bullish on the $5.44 billion market cap company. The stock increased 0.47% or $0.19 during the last trading session, reaching $40.81. About 1.17 million shares traded or 29.62% up from the average. Catalent, Inc. (NYSE:CTLT) has risen 27.19% since February 14, 2017 and is uptrending. It has outperformed by 10.49% the S&P500.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 142 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with “Overweight” rating. Deutsche Bank maintained the shares of CSCO in report on Thursday, November 16 with “Buy” rating. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, January 18. As per Thursday, June 29, the company rating was maintained by Nomura. The company was maintained on Tuesday, September 5 by Cowen & Co. The rating was downgraded by BMO Capital Markets on Tuesday, May 9 to “Market Perform”. The firm has “Hold” rating given on Friday, July 21 by Credit Suisse. The rating was maintained by Robert W. Baird with “Buy” on Thursday, August 17. Jefferies maintained the stock with “Buy” rating in Tuesday, September 5 report. As per Thursday, August 13, the company rating was maintained by Piper Jaffray.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It worsened, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Ghp Inv Advsr Inc invested in 0.57% or 110,952 shares. Burgundy Asset owns 7.94 million shares. Smithfield Trust has invested 0.2% in Cisco Systems, Inc. (NASDAQ:CSCO). Willingdon Wealth Management stated it has 1.93% in Cisco Systems, Inc. (NASDAQ:CSCO). Ccm Invest Advisers Lc holds 1.93% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 298,577 shares. Barbara Oil Company, Illinois-based fund reported 68,951 shares. D E Shaw & Company accumulated 0.11% or 2.20M shares. Moreover, Macnealy Hoover Inv Mgmt has 0.31% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Horizon Kinetics Limited Liability Corp reported 0.05% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Macquarie Grp Inc invested in 22.04 million shares or 1.33% of the stock. Meiji Yasuda Asset Mgmt Limited, a Japan-based fund reported 176,944 shares. Arrow Finance Corp invested 0.1% in Cisco Systems, Inc. (NASDAQ:CSCO). Bkd Wealth Advsr Ltd Liability Com has invested 0.48% in Cisco Systems, Inc. (NASDAQ:CSCO). Farmers stated it has 2.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Highstreet Asset Management accumulated 403,006 shares.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. 65,000 shares valued at $2.11M were sold by CHANDLER MARK D on Monday, September 18. Another trade for 25,638 shares valued at $821,900 was sold by BHATT PRAT. Another trade for 121,390 shares valued at $3.89 million was made by Robbins Charles on Monday, September 11. MCGEARY RODERICK C sold $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, December 14. Another trade for 23,110 shares valued at $740,883 was made by Walker Karen on Monday, September 11. 250,000 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $7.79 million were sold by CHAMBERS JOHN T.

Royal Bank Of Canada, which manages about $208.24B US Long portfolio, decreased its stake in Renaissancere Holdings Ltd (NYSE:RNR) by 23,354 shares to 19,977 shares, valued at $2.70 million in 2017Q3, according to the filing. It also reduced its holding in Powershares Etf Trust Ii (PIZ) by 16,020 shares in the quarter, leaving it with 339,888 shares, and cut its stake in Fastenal Co (Put) (NASDAQ:FAST).

Since August 29, 2017, it had 0 insider buys, and 3 selling transactions for $7.58 million activity. Another trade for 8,512 shares valued at $325,329 was made by Miyamoto Lance on Tuesday, August 29. $7.19 million worth of Catalent, Inc. (NYSE:CTLT) was sold by Chiminski John R.

Investors sentiment increased to 2.61 in 2017 Q3. Its up 0.48, from 2.13 in 2017Q2. It is positive, as 12 investors sold CTLT shares while 55 reduced holdings. 67 funds opened positions while 108 raised stakes. 130.89 million shares or 5.72% more from 123.80 million shares in 2017Q2 were reported. Oppenheimer Asset Mngmt has invested 0.07% in Catalent, Inc. (NYSE:CTLT). First Quadrant Limited Partnership Ca has 0.11% invested in Catalent, Inc. (NYSE:CTLT) for 135,951 shares. Ameriprise Inc reported 842,321 shares stake. Teacher Retirement System Of Texas owns 10,300 shares for 0% of their portfolio. Advisory has 0% invested in Catalent, Inc. (NYSE:CTLT). Denver Advisors Limited Liability Company has 16,745 shares. Moreover, Great West Life Assurance Can has 0.01% invested in Catalent, Inc. (NYSE:CTLT). Omers Administration holds 0.03% or 64,000 shares in its portfolio. Canada Pension Plan Investment Board invested in 129,000 shares. Atria Limited Liability Com invested in 8,228 shares or 0.02% of the stock. Fmr Ltd Limited Liability Company has 3.82 million shares for 0.02% of their portfolio. Grantham Mayo Van Otterloo & Communication Ltd Com stated it has 7,400 shares or 0% of all its holdings. Prudential Finance reported 0.02% stake. Stifel holds 0% or 10,694 shares in its portfolio. Blackrock has 17.63 million shares for 0.04% of their portfolio.

Atika Capital Management Llc, which manages about $348.10 million US Long portfolio, decreased its stake in Unitedhealth Group Inc (NYSE:UNH) by 3,500 shares to 18,000 shares, valued at $3.53 million in 2017Q3, according to the filing. It also reduced its holding in Exelixis Inc (NASDAQ:EXEL) by 15,000 shares in the quarter, leaving it with 50,000 shares, and cut its stake in Bluebird Bio Inc (NASDAQ:BLUE).

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