Alpine Partners Vi Has Lowered Its Cisco Sys (CSCO) Stake by $753,122 as Stock Value Rose; As Pepsico (PEP) Market Valuation Declined, Majedie Asset Management LTD Has Decreased Stake by $2.64 Million

April 26, 2018 - By Vivian Park

PepsiCo, Inc. (NASDAQ:PEP) Logo

Alpine Partners Vi Llc decreased its stake in Cisco Sys Inc (CSCO) by 52.29% based on its latest 2017Q4 regulatory filing with the SEC. Alpine Partners Vi Llc sold 19,819 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 18,086 shares of the technology company at the end of 2017Q4, valued at $693,000, down from 37,905 at the end of the previous reported quarter. Alpine Partners Vi Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $210.72 billion market cap company. The stock decreased 1.15% or $0.51 during the last trading session, reaching $43.74. About 19.03M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 26, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Majedie Asset Management Ltd decreased its stake in Pepsico Inc (PEP) by 12.08% based on its latest 2017Q4 regulatory filing with the SEC. Majedie Asset Management Ltd sold 22,158 shares as the company’s stock declined 9.24% with the market. The institutional investor held 161,316 shares of the consumer non-durables company at the end of 2017Q4, valued at $19.35 million, down from 183,474 at the end of the previous reported quarter. Majedie Asset Management Ltd who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $143.58B market cap company. The stock decreased 0.29% or $0.29 during the last trading session, reaching $101.15. About 4.83 million shares traded or 1.99% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 26, 2017 and is downtrending. It has underperformed by 15.30% 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 156 analyst reports since August 4, 2015 according to SRatingsIntel. As per Friday, February 12, the company rating was maintained by Oppenheimer. On Thursday, June 29 the stock rating was maintained by William Blair with “Buy”. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, February 15. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, November 15. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Friday, March 23 by Goldman Sachs. The stock has “Buy” rating by Nomura on Monday, February 12. The firm has “Buy” rating given on Tuesday, September 5 by Jefferies. On Thursday, November 16 the stock rating was maintained by Barclays Capital with “Buy”. UBS maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, August 18. UBS has “Buy” rating and $32 target. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by RBC Capital Markets on Tuesday, June 20.

Since December 14, 2017, it had 0 insider purchases, and 5 insider sales for $10.28 million activity. $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by BARTZ CAROL. Shares for $940,559 were sold by Goeckeler David on Thursday, March 15. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares. $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by SARIN ARUN on Tuesday, February 20.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It increased, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Moreover, Private Trust Company Na has 0.49% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Teachers & Annuity Association Of America stated it has 0.91% in Cisco Systems, Inc. (NASDAQ:CSCO). Focused Wealth Mgmt, a New York-based fund reported 25,387 shares. Dillon & accumulated 11,133 shares. Lvm Capital Mngmt Ltd Mi reported 434,755 shares stake. Ibm Retirement Fund reported 129,168 shares. Korea Investment Corp has 4.71 million shares for 0.82% of their portfolio. Wetherby Asset Inc stated it has 110,892 shares or 0.59% of all its holdings. Oarsman Cap accumulated 1.93% or 117,214 shares. Hallmark Management Inc holds 2.44% in Cisco Systems, Inc. (NASDAQ:CSCO) or 530,022 shares. Flossbach Von Storch Ag reported 16,340 shares. Timber Hill Limited Company invested in 0.33% or 132,084 shares. Regent Inv Management Ltd Liability holds 57,898 shares or 0.73% of its portfolio. Pioneer Tru Savings Bank N A Or has invested 2.48% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Dekabank Deutsche Girozentrale holds 4.01M shares.

Alpine Partners Vi Llc, which manages about $439.93 million US Long portfolio, upped its stake in Goldman Sachs Group Inc (NYSE:GS) by 11,145 shares to 14,063 shares, valued at $3.58M in 2017Q4, according to the filing. It also increased its holding in Alphabet Inc by 41,068 shares in the quarter, for a total of 61,109 shares, and has risen its stake in Merck And Co Inc (NYSE:MRK).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 EPS, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84 billion for 18.53 P/E if the $0.59 EPS becomes a reality. After $0.58 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.08, from 0.94 in 2017Q3. It dived, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Brandes Prtn Ltd Partnership holds 0.92% in PepsiCo, Inc. (NASDAQ:PEP) or 379,000 shares. Gsa Capital Prtnrs Llp accumulated 11,038 shares. Hsbc Holdg Public Ltd Com holds 3.31M shares or 0.57% of its portfolio. Riggs Asset Managment accumulated 1,270 shares. Tanaka Capital Incorporated reported 3,630 shares. Benjamin F Edwards Incorporated stated it has 0.35% in PepsiCo, Inc. (NASDAQ:PEP). Convergence Investment Prtnrs Ltd Company has 0.05% invested in PepsiCo, Inc. (NASDAQ:PEP). New Mexico Educational Retirement Board has 0.62% invested in PepsiCo, Inc. (NASDAQ:PEP). The Oklahoma-based Of Oklahoma has invested 3.04% in PepsiCo, Inc. (NASDAQ:PEP). State Board Of Administration Of Florida Retirement has 1.98M shares for 0.63% of their portfolio. Pathstone Family Office invested 0% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Buckingham Asset Limited Liability owns 36,531 shares. Rockefeller Financial Services Inc stated it has 0.37% in PepsiCo, Inc. (NASDAQ:PEP). 3,305 were reported by Legacy Private Trust Communication. Univest Corporation Of Pennsylvania holds 0.11% in PepsiCo, Inc. (NASDAQ:PEP) or 2,260 shares.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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