Blackhawk Network Holdings (HAWK) Shareholder Pivot Point Capital Partners Lowered Its Position; Shareholder Nichols & Pratt Advisers Llp Upped Cisco Systems (CSCO) Stake

June 6, 2018 - By mmahotstuff

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) Logo

Nichols & Pratt Advisers Llp increased its stake in Cisco Systems Inc (CSCO) by 1.34% based on its latest 2018Q1 regulatory filing with the SEC. Nichols & Pratt Advisers Llp bought 7,770 shares as the company’s stock declined 4.63% with the market. The institutional investor held 586,721 shares of the technology company at the end of 2018Q1, valued at $25.08 million, up from 578,951 at the end of the previous reported quarter. Nichols & Pratt Advisers Llp who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $207.99 billion market cap company. The stock increased 1.27% or $0.555 during the last trading session, reaching $44.225. About 10.34 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 6, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: 16/05/2018 – Cisco Systems 3Q Rev $12.46B; 16/04/2018 – CISCO SAYS INVESTING IN NEW EMAIL SECURITY SERVICES; 13/03/2018 – Cisco Systems, Inc. vs TQ Delta, LLC | FWD Entered | 03/12/2018; 16/05/2018 – Cisco Systems 3Q Cash, Equivalents, Investments $54.4B; 15/05/2018 – Cisco presents Global Knowledge with the 2018 Learning Partner of the Year – Americas award, making Global Knowledge an eight time winner; 01/05/2018 – Sale of Cisco SPVSS Business to Permira Approved by Cisco’s Board; 17/04/2018 – Cisco President for Asia-Pacific and Japan Miyuki Suzuki said 5G will create “huge opportunities” for businesses to drive enriched customer experiences in augmented reality and virtual reality; 29/05/2018 – GLOSFER Recruits Former CTO of Cisco, Monique Morrow; 16/04/2018 – Cisco Systems, Inc. vs Uniloc USA, Inc. | FWD Entered | 04/16/2018; 10/05/2018 – CISCO CSCO.O : CREDIT SUISSE STARTS WITH NEUTRAL RATING; $41 TARGET PRICE

James A. Noonan decreased its stake in Blackhawk Network Holdings (HAWK) by 42.94% based on its latest 2018Q1 regulatory filing with the SEC. Pivot Point Capital Partners Llc sold 226,000 shares as the company’s stock rose 0.78% while stock markets declined. The hedge fund run by James A. Noonan held 300,337 shares of the finance company at the end of 2018Q1, valued at $13.43M, down from 526,337 at the end of the previous reported quarter. Pivot Point Capital Partners Llc who had been investing in Blackhawk Network Holdings for a number of months, seems to be less bullish one the $2.46B market cap company. The stock decreased 0.11% or $0.05 during the last trading session, reaching $45.1. About 466,332 shares traded. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has risen 4.76% since June 6, 2017 and is uptrending. It has underperformed by 7.81% the S&P500. Some Historical HAWK News: 11/05/2018 – Elk Creek Partners LLC Exits Position in Blackhawk Network; 04/05/2018 – S&PGR Revises Seahawk Holdings Ltd Otlk To Negative, Afrms ‘B’; 01/05/2018 – BLACKHAWK NETWORK 1Q OPER REV. $193.6M, EST. $428.0M (2 EST.); 09/05/2018 – S&PGR Assigns Blackhawk Network Holdings ‘B’ Rtg; Otlk Stbl; 21/04/2018 – DJ Blackhawk Network Holdings Inc, Inst Holders, 1Q 2018 (HAWK); 20/04/2018 – Blackhawk Technical College Selects YuJa Enterprise Video Platform for 7-Year Contract with Options for System-Wide Participati; 04/05/2018 – River Road Asset Management LLC Exits Blackhawk Network; 13/03/2018 – USGS: M 2.4 – 10km E of Blackhawk, CA; 20/03/2018 – HAWK ISSUES DEAL SUPPLEMENTAL DISCLOSURES IN RESPONSE TO SUITS; 06/05/2018 – Moody’s Downgrades Seahawk/Quest To B3

Since December 14, 2017, it had 0 insider purchases, and 5 selling transactions for $10.28 million activity. 12,126 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $550,153 were sold by BURNS M MICHELE. $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C. SARIN ARUN also sold $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. $940,559 worth of stock was sold by Goeckeler David on Thursday, March 15.

Investors sentiment decreased to 0.73 in Q1 2018. Its down 0.30, from 1.03 in 2017Q4. It turned negative, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Cadence Limited Company owns 1.04% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 372,823 shares. Grandfield And Dodd Ltd Llc holds 0.05% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 11,041 shares. Founders Secs Ltd holds 0.31% in Cisco Systems, Inc. (NASDAQ:CSCO) or 22,478 shares. Wilbanks Smith Thomas Asset Limited Liability Corp invested 0.18% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). San Francisco Sentry Gru (Ca) owns 37,677 shares. Highland Cap Mgmt Limited Liability Corporation reported 545,450 shares. Institute For Wealth Management Ltd Limited Liability Company invested in 35,457 shares. Citizens And Northern owns 10,215 shares or 0.33% of their US portfolio. Kornitzer Mgmt Ks holds 0.74% or 1.01 million shares. Moreover, Bank & Trust Of The West has 0.45% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Ballentine Prns Limited Liability has invested 0.1% in Cisco Systems, Inc. (NASDAQ:CSCO). Gateway Investment Advisers Ltd Liability Corp accumulated 1.01% or 2.66M shares. Sol Capital Mngmt invested 0.6% in Cisco Systems, Inc. (NASDAQ:CSCO). Lehman Res accumulated 117,936 shares. Tokio Marine Asset Mngmt Communications Ltd stated it has 18,256 shares or 0.14% of all its holdings.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Benzinga.com which released: “Stifel Raises AMD Price Target After Cisco Unveils EPYC-Powered Servers” on June 01, 2018, also Seekingalpha.com with their article: “Cisco Systems: Should We Be Worried?” published on May 21, 2018, Seekingalpha.com published: “Cisco Systems: No Surprises, Watch The Margins” on May 17, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Investorplace.com and their article: “Palo Alto Networks Inc.: Can the ‘$128 Million Man’ Invigorate PANW Stock?” published on June 06, 2018 as well as Nasdaq.com‘s news article titled: “Only Memory Prices Matter With Micron Technology, Inc. Stock” with publication date: June 05, 2018.

Nichols & Pratt Advisers Llp, which manages about $1.58 billion and $1.10B US Long portfolio, decreased its stake in Emerson Elec Co (NYSE:EMR) by 11,367 shares to 533,138 shares, valued at $36.33 million in 2018Q1, according to the filing. It also reduced its holding in Sysco Corp (NYSE:SYY) by 12,101 shares in the quarter, leaving it with 250,656 shares, and cut its stake in Monsanto Co New (NYSE:MON).

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 171 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Wednesday, June 21 by Oppenheimer. Jefferies maintained the shares of CSCO in report on Friday, May 26 with “Buy” rating. Bernstein maintained the shares of CSCO in report on Monday, November 27 with “Buy” rating. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Monday, October 9 by RBC Capital Markets. Deutsche Bank maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, November 16. Deutsche Bank has “Buy” rating and $45 target. Nomura maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, November 16. Nomura has “Neutral” rating and $33 target. The rating was maintained by Deutsche Bank on Thursday, February 11 with “Buy”. The company was maintained on Friday, September 23 by Raymond James. The rating was maintained by Cowen & Co on Tuesday, September 5 with “Buy”. Citigroup maintained it with “Buy” rating and $40.0 target in Thursday, November 16 report.

More news for Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) were recently published by: Prnewswire.com, which released: “Achievers Announces Researcher And Best-Selling Author, Neil Pasricha, As Keynote Speaker For Ninth Annual …” on June 01, 2018. Streetinsider.com‘s article titled: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” and published on May 15, 2018 is yet another important article.

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