Mondrian Investment Partners LTD Has Decreased Its Stake in Cisco Systems (CSCO) as Market Valuation Declined; Meridian Management Co Lifted Stake in Facebook (FB) by $422,450

February 25, 2018 - By Louis Casey

Meridian Management Co increased its stake in Facebook Inc (FB) by 22% based on its latest 2017Q3 regulatory filing with the SEC. Meridian Management Co bought 2,485 shares as the company’s stock rose 10.88% with the market. The institutional investor held 13,783 shares of the technology company at the end of 2017Q3, valued at $2.36 million, up from 11,298 at the end of the previous reported quarter. Meridian Management Co who had been investing in Facebook Inc for a number of months, seems to be bullish on the $532.46B market cap company. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 19.01M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 25, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Mondrian Investment Partners Ltd decreased its stake in Cisco Systems (CSCO) by 1.07% based on its latest 2017Q3 regulatory filing with the SEC. Mondrian Investment Partners Ltd sold 17,489 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 1.61M shares of the technology company at the end of 2017Q3, valued at $54.22M, down from 1.63M at the end of the previous reported quarter. Mondrian Investment Partners Ltd who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $211.97B market cap company. The stock increased 2.47% or $1.06 during the last trading session, reaching $44. About 25.78M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 25, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It fall, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. First Long Island Investors Ltd Limited Liability Company accumulated 113,314 shares or 2.81% of the stock. Moreover, Mycio Wealth Prns Ltd Liability has 0.78% invested in Facebook, Inc. (NASDAQ:FB) for 40,149 shares. Pr Herzig & Inc invested 1.65% in Facebook, Inc. (NASDAQ:FB). The New York-based Alliancebernstein LP has invested 1.88% in Facebook, Inc. (NASDAQ:FB). Trexquant Inv LP holds 0.25% in Facebook, Inc. (NASDAQ:FB) or 5,842 shares. Brandywine has 31,605 shares. Clough Capital Limited Partnership reported 2.65% of its portfolio in Facebook, Inc. (NASDAQ:FB). Tokio Marine Asset Mngmt, Japan-based fund reported 96,224 shares. Janney Capital Mngmt Lc stated it has 2,054 shares. Savant Cap Limited Liability Corp owns 10,660 shares or 0.41% of their US portfolio. Advsr Capital Mgmt Ltd Llc reported 0.02% stake. Kentucky Retirement System holds 1.87% or 145,136 shares. Ally Fin reported 9,000 shares. Cypress Asset Management Tx accumulated 2,823 shares. Lehman Financial Inc invested 0.18% in Facebook, Inc. (NASDAQ:FB).

Since August 24, 2017, it had 0 insider buys, and 34 selling transactions for $734.93 million activity. $123,160 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Tuesday, September 26. Zuckerberg Mark sold $21.25M worth of stock. Sandberg Sheryl sold 55,000 shares worth $9.75 million. FISCHER DAVID B. sold $2.75 million worth of stock. $2.77 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Cox Christopher K. Koum Jan sold 640,754 shares worth $109.70 million.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by UBS on Thursday, November 2 with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Tuesday, October 17 by Robert W. Baird. The firm has “Positive” rating given on Monday, August 10 by Susquehanna. On Monday, September 11 the stock rating was maintained by BMO Capital Markets with “Hold”. FBR Capital maintained the shares of FB in report on Thursday, November 5 with “Outperform” rating. The rating was maintained by GBH Insights on Thursday, January 25 with “Buy”. The firm earned “Outperform” rating on Thursday, July 30 by Oppenheimer. Needham maintained Facebook, Inc. (NASDAQ:FB) rating on Tuesday, January 16. Needham has “Buy” rating and $215.0 target. As per Tuesday, August 18, the company rating was maintained by M Partners. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Cantor Fitzgerald on Tuesday, October 31.

Since September 11, 2017, it had 0 insider buys, and 7 insider sales for $16.35 million activity. The insider Walker Karen sold 23,110 shares worth $740,883. SARIN ARUN sold 14,189 shares worth $625,751. The insider MCGEARY RODERICK C sold 15,230 shares worth $578,740. CHANDLER MARK D had sold 65,000 shares worth $2.11 million. On Monday, September 11 the insider BHATT PRAT sold $821,900. BARTZ CAROL also sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It turned 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. One Natl Association has invested 0.28% in Cisco Systems, Inc. (NASDAQ:CSCO). Sentinel Asset Incorporated owns 1.34M shares or 1.08% of their US portfolio. Lenox Wealth Advsrs reported 0% in Cisco Systems, Inc. (NASDAQ:CSCO). Trust Of Toledo Na Oh invested in 0.83% or 97,531 shares. Credit Suisse Ag accumulated 0.35% or 10.72M shares. Carl Domino Incorporated holds 1.52% or 36,999 shares. 1.09 million were accumulated by Johnson Invest Counsel. Godshalk Welsh Capital Mgmt holds 1.6% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 47,450 shares. Town Country Comml Bank Dba First Bankers accumulated 34,051 shares. Ifc Holdg Incorporated Fl invested in 0.1% or 40,835 shares. Comerica Securities reported 0.6% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Bb&T Ltd stated it has 1.79 million shares or 0.82% of all its holdings. Next owns 46,319 shares for 0.43% of their portfolio. Piedmont Investment Ltd Llc invested 0.89% in Cisco Systems, Inc. (NASDAQ:CSCO). Roanoke Asset has invested 1.12% in Cisco Systems, Inc. (NASDAQ:CSCO).

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 stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Deutsche Bank on Thursday, August 18. Bank of America maintained the stock with “Buy” rating in Thursday, February 15 report. BMO Capital Markets maintained it with “Hold” rating and $32.0 target in Wednesday, November 15 report. Stifel Nicolaus reinitiated the stock with “Hold” rating in Friday, November 18 report. Nomura maintained the stock with “Hold” rating in Wednesday, June 21 report. The company was maintained on Thursday, November 16 by Deutsche Bank. The company was maintained on Thursday, August 17 by Robert W. Baird. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, January 10 report. On Friday, June 30 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Credit Suisse with “Buy” on Wednesday, June 21.

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