Kempen Capital Management Has Lowered Cisco Sys Com (CSCO) Holding by $900,207 as Share Value Declined; Davis Selected Advisers Has Increased Its Hollysys Automation Technologies LTD (HOLI) Stake by $16.03 Million

February 23, 2018 - By Peter Erickson

Kempen Capital Management decreased its stake in Cisco Sys Inc Com (CSCO) by 3.31% based on its latest 2017Q3 regulatory filing with the SEC. Kempen Capital Management sold 27,279 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 797,895 shares of the technology company at the end of 2017Q3, valued at $26.83M, down from 825,174 at the end of the previous reported quarter. Kempen Capital Management who had been investing in Cisco Sys Inc Com for a number of months, seems to be less bullish one the $209.25 billion market cap company. The stock increased 1.15% or $0.495 during the last trading session, reaching $43.435. About 13.07 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 23, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Davis Selected Advisers increased its stake in Hollysys Automation Technologies Ltd. (HOLI) by 22.5% based on its latest 2017Q3 regulatory filing with the SEC. Davis Selected Advisers bought 763,181 shares as the company’s stock declined 3.10% while stock markets rallied. The institutional investor held 4.16 million shares of the energy company at the end of 2017Q3, valued at $89.79M, up from 3.39M at the end of the previous reported quarter. Davis Selected Advisers who had been investing in Hollysys Automation Technologies Ltd. for a number of months, seems to be bullish on the $1.54 billion market cap company. The stock decreased 2.36% or $0.6156 during the last trading session, reaching $25.5144. About 358,623 shares traded or 47.52% up from the average. Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) has risen 5.83% since February 23, 2017 and is uptrending. It has underperformed by 10.87% the S&P500.

Kempen Capital Management, which manages about $1.29 billion US Long portfolio, upped its stake in Digital Rlty Tr Inc Com (NYSE:DLR) by 19,591 shares to 66,172 shares, valued at $7.83M in 2017Q3, according to the filing. It also increased its holding in Teradata Corp Del Com (NYSE:TDC) by 120,862 shares in the quarter, for a total of 289,689 shares, and has risen its stake in Sl Green Rlty Corp Com (NYSE:SLG).

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It is negative, 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. 138,769 were accumulated by Sii Invests Wi. Waldron Lp invested in 0.15% or 15,437 shares. Stratos Wealth Prtn Ltd reported 0.25% in Cisco Systems, Inc. (NASDAQ:CSCO). At Financial Bank owns 59,156 shares for 0.23% of their portfolio. Voya Inv Mgmt Limited Liability Corporation owns 7.22 million shares. White Pine Ltd Com reported 0% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Iowa State Bank has 2.38% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 150,286 shares. Buckingham Capital Management invested 0.54% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). 34.01 million were reported by Nordea Inv Management. Opus Capital Grp Ltd holds 0.22% or 28,990 shares. Salem Management invested in 204,750 shares. Eagleclaw Cap Managment holds 12,150 shares. Bingham Osborn And Scarborough Limited Com stated it has 0.03% in Cisco Systems, Inc. (NASDAQ:CSCO). Susquehanna Int Group Ltd Liability Partnership stated it has 0% in Cisco Systems, Inc. (NASDAQ:CSCO). Eulav Asset accumulated 85,000 shares.

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 151 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 9. The rating was maintained by Bank of America on Thursday, February 15 with “Buy”. The company was maintained on Friday, October 6 by Jefferies. The company was downgraded on Tuesday, May 9 by BMO Capital Markets. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 13 by Goldman Sachs. Raymond James maintained the shares of CSCO in report on Thursday, November 16 with “Buy” rating. On Wednesday, August 2 the stock rating was maintained by Jefferies with “Buy”. The stock has “Hold” rating by Needham on Monday, September 18. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Neutral” rating given on Thursday, May 19 by JP Morgan. The rating was maintained by Raymond James on Thursday, February 15 with “Buy”.

Since September 11, 2017, it had 0 buys, and 7 insider sales for $16.35 million activity. Shares for $2.11M were sold by CHANDLER MARK D on Monday, September 18. $821,900 worth of stock was sold by BHATT PRAT on Monday, September 11. $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C. Another trade for 200,000 shares valued at $7.59M was made by BARTZ CAROL on Thursday, December 14. On Monday, September 11 the insider Robbins Charles sold $3.89M. On Monday, September 11 the insider Walker Karen sold $740,883.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 earnings per share, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84B for 18.40 P/E if the $0.59 EPS becomes a reality. After $0.58 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

Davis Selected Advisers, which manages about $48.17B and $23.50 billion US Long portfolio, decreased its stake in Loews Corp. (NYSE:L) by 143,167 shares to 5.09M shares, valued at $243.50 million in 2017Q3, according to the filing. It also reduced its holding in Eqt Midstream Partners L.P. (NYSE:EQM) by 4,710 shares in the quarter, leaving it with 126,102 shares, and cut its stake in Marsh & Mclennan Co. (NYSE:MMC).

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