Cisco shares rally 5% on earnings beat, outlook, shareholder returns

Cisco We're moving our $67 billion cash pile to the U.S

Citigroup maintained Cisco Systems, Inc. The stock is now showing positive return of 4.69% throughout last week and witnessed rising return of 1.25% in one month period. About 7.92 million shares traded.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, February 14th. It has underperformed by 3.50% the S&P500. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. U.S. Bancorp had 84 analyst reports since August 6, 2015 according to SRatingsIntel. Shares had risen 20 percent since it reported fiscal first-quarter earnings in November. Firm's net income measured an average growth rate of -18.70%. On Thursday, August 18 the stock rating was maintained by Morgan Stanley with "Equal-Weight". The firm has "Outperform" rating given on Wednesday, January 3 by Raymond James. KeyBanc Capital Markets maintained Hill-Rom Holdings, Inc. (NASDAQ:CSCO) on Tuesday, April 5 to "Neutral" rating. See Hill-Rom Holdings, Inc.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.26, from 1.4 in 2017Q2. 107 funds opened positions while 619 raised stakes. Cohen Steers has 0.04% invested in Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, August 18. Poplar Forest Capital Llc bought 65,300 shares as the company's stock declined 7.50% while stock markets rallied.

It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO). Kames Cap Plc stated it has 2.48M shares. Hamilton Point Invest Lc reported 1.47% stake. Cisco Systems, Inc. (NASDAQ:CSCO) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. (NASDAQ:CSCO). Mitchell Sinkler Starr Pa holds 0.88% or 16,721 shares. (NASDAQ:CCXI). The Missouri-based Piermont Management has invested 0.07% in ChemoCentryx, Inc. Df Dent Com Incorporated invested 0.06% in Cisco Systems, Inc. Spinnaker Tru stated it has 0.68% in Cisco Systems, Inc. Clearbridge Invests Limited Liability has 0.24% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 27,784 shares. Segall Bryant And Hamill Limited Liability, a Illinois-based fund reported 24,300 shares. Paloma Prns Mgmt owns 57,084 shares. Royal Dutch Shell Plc was raised too.

Since August 30, 2017, it had 0 insider buys, and 2 sales for $348,184 activity. (NASDAQ:CSCO) shares were sold by Walker Karen.

Fort Lp decreased Block H & R Inc (NYSE:HRB) stake by 346,908 shares to 524,855 valued at $13.90 million in 2017Q3. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider's stock worth $104,000 after purchasing an additional 878 shares during the period. $7.59 million worth of Cisco Systems, Inc.

On 11/22/2017 John T Chambers, Insider, sold 250,000 with an average share price of $36.50 per share and the total transaction amounting to $9,125,000.00. $821,900 worth of Cisco Systems, Inc. Earnings, adjusted for pretax expenses and stock option expense, were 63 cents per share.

On 12/11/2017 Cisco Systems announced a quarterly dividend of $0.29 3.06% with an ex dividend date of 1/4/2018 which will be payable on 1/24/2018. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold.

Analysts expected Cisco Systems to report earnings of 59 cents on sales of $11.82 billion for the period ended December 31. Moreover, Livingston Gru Asset Management (Operating As Southport Management) has 1.66% invested in Cisco Systems, Inc.

As with another former market bellwether, IBM (IBM), Cisco in a midst of a transformation. The stock presently has a consensus rating of "Buy" and a consensus price target of $42.41. The rating was upgraded by TheStreet to "Hold" on Tuesday, August 25. (NASDAQ:CSCO) on Thursday, May 19 with "Underperform" rating. RBC Capital Markets maintained it with "Outperform" rating and $37 target in Thursday, February 16 report.

Investors sentiment decreased to 0.95 in 2017 Q3. Its the same as in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. Btim Corporation invested 0.28% of its portfolio in Hill-Rom Holdings, Inc. Kennedy Cap Mgmt reported 0.22% stake. Deprince Race Zollo reported 426,978 shares stake. Secor Capital Advisors Limited Partnership, New York-based fund reported 2,762 shares. Intrust National Bank Na holds 0.43% or 39,198 shares. Ftb Advsrs holds 0% or 31 shares. Federated Invsts Pa has 0.01% invested in Hill-Rom Holdings, Inc. Olstein Cap Mngmt Lp invested 0.26% of its portfolio in Chevron Corporation (NYSE:CVX). Keystone Financial Planning Incorporated owns 198,973 shares. Nuveen Asset Management Limited Liability Corp has 0.01% invested in Cardiovascular Systems, Inc. (NYSE:HRC). Nationwide Fund Advsr reported 286,794 shares.

Related News:

Most liked

George Groves Outfoxes Chris Eubank Jr. As Gruelling Bout Goes The Distance
It was the challenger who suffered though, an accidental head clash opening a sizeable cut on the side of his right eye. George Groves was the more accurate power puncher, landing 37.7% to 21.2% for Chris Eubank.

13 killed in Mexico after helicopter crashes as officials tour quake area
A massive natural disaster hit Mexico Friday evening, leaving buildings shaking throughout the southern portion of the country. Both the south of Mexico and the capital are still reeling from earthquakes that caused widespread damage in September 2017 .

Twitter has pulled its app for this Apple device
For those who still want an app for Twitter on the Mac, you can checkout third-party solutions such as Twitterrific or Tweetbot . On Friday, Twitter announced that it would be shutting down work on its Mac desktop app, to the dismay of, err, no one.

PNB Scam: PM Modi Has Destroyed India Financially, Says Rahul Gandhi
Modi managed to do this by procuring Letters of Undertakings from Punjab National Bank's Brady House branch in Mumbai . Indian broadcaster NDTV reported on Friday that Modi was staying at an apartment in New York's Manhattan.

18 killed, 22 wounded in multiple bomb blast in Borno
No group has claimed responsibility for the attack, but locals say it bears semblance to previous bombings by Boko Haram . In Kasuwan Kifi, there is a thriving night market where residents sell fried fish and food ingredients.

Best moments from Friday at NBA All-Star Weekend
The sharpshooter is averaging 11.5 points as a rookie with the Kings this year and has become a vital contributor to their team. Maybe in a few years, the Kings will have multiple players representing the franchise in the ACTUAL All-Star game?

What Tom Izzo said after Michigan State's 65-60 victory over Northwestern
The team will head back to the Breslin Center for senior night and the final home game of the season against IL (12-15, 2-12). Michigan State's comeback was the largest in Big Ten history hoops and the fifth largest in college basketball history.

Jury awards $37M to family of woman slain in standoff
He said the first officer who entered the apartment was "confronted with Korryn Gaines with a shotgun pointed right at him". Ravenell said in a telephone interview on Friday. "There are no caps on federal constitutional violations", said Gordon.

Brown Says He Never Wrote His Resignation Letter
Brown wouldn't respond to questions from reporters about the resignation who asked him to clarify the contradicting information. February 1: Former Ontario legislator Christine Elliott announces her bid to contend for the party leadership.

Pope renews commission on sexual abuse, Vatican promises victims more say
But amid resistance, the tribunal never got off the ground and Francis scrapped it entirely in 2016. Critics questioned the Vatican's commitment to fighting child abuse after the commission's lapse.

Ahead of AICC session, Cong dissolves CWC
The session is likely to be held before the second part of the Budget Session of Parliament begins on March 5. State heads of the Congress, like PL Punia and RPN Singh are also part of the panel.

Hundreds of Russian casualties in Syria battle
He said numerous injured had shrapnel in their bodies that was not showing up on X-rays, making treatment hard . Even so, this marked the first time Russian fighters have been killed in a USA airstrike in Syria.

SC knocks off No 10 Auburn
Auburn trailed by as many as 26 points in the first half, but was able to storm back in the second half, even without McLemore. Forward Anfernee McLemore suffered a dislocated ankle at the end of the first half and had to be carried off a stretcher.

Barca Face Dilemma in Eibar Visit
Philippe Coutinho will certainly start the Liga fixture as he remains cup-tied for the Champions League match against Chelsea . This will be the 100th game for Eibar boss Mendilibar with the Basque side in La Liga .

Pogba Ruled Out Of Huddersfield Clash With Illness
You can see that in the way he plays, he is a bit of a free spirit", said the former United and England coach. Jamie Redknapp believes Paul Pogba has lost his way at Manchester United in recent months.