1 week Ago By ABMN Staff
Anchor Capital Advisors LLC lifted its stake in Cisco Systems, Inc. ( NASDAQ:CSCO – Free Report ) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The institutional investor owned 55,373 shares of the network equipment provider’s stock after purchasing an additional 664 shares during the period. Anchor Capital Advisors LLC’s holdings in Cisco Systems were worth $2,631,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company.
Summit Securities Group LLC acquired a new stake in shares of Cisco Systems in the second quarter valued at approximately $25,000. Retirement Group LLC grew its holdings in Cisco Systems by 56.8% during the 1st quarter.
Retirement Group LLC now owns 726 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 263 shares during the period. Hobbs Group Advisors LLC acquired a new stake in Cisco Systems during the 2nd quarter worth $36,000. Tidemark LLC acquired a new stake in Cisco Systems during the 4th quarter worth $41,000.
Finally, Redmont Wealth Advisors LLC acquired a new stake in Cisco Systems during the 1st quarter worth $41,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Transactions at Cisco Systems In related news, SVP Maria Victoria Wong sold 762 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $45.42, for a total value of $34,610.
04. Following the transaction, the senior vice president now owns 51,788 shares in the company, valued at approximately $2,352,210.96.
The sale was disclosed in a document filed with the SEC, which can be accessed through this link . In related news, SVP Maria Victoria Wong sold 762 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $45.
42, for a total value of $34,610.04. Following the transaction, the senior vice president now owns 51,788 shares in the company, valued at approximately $2,352,210.
96. The sale was disclosed in a document filed with the SEC, which can be accessed through this link . Also, EVP Deborah L.
Stahlkopf sold 2,619 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $45.34, for a total transaction of $118,745.
46. Following the completion of the transaction, the executive vice president now owns 176,384 shares in the company, valued at approximately $7,997,250.56.
The disclosure for this sale can be found here . Insiders have sold 71,944 shares of company stock worth $3,566,120 in the last ninety days. Insiders own 0.
02% of the company’s stock. Analysts Set New Price Targets Get Our Latest Stock Report on CSCO Cisco Systems Stock Down 1.3 % Cisco Systems stock opened at $48.
50 on Monday. The firm has a market capitalization of $195.40 billion, a PE ratio of 16.
33, a P/E/G ratio of 3.98 and a beta of 0.83.
The company’s 50-day moving average is $47.84 and its 200-day moving average is $47.93.
Cisco Systems, Inc. has a fifty-two week low of $44.50 and a fifty-two week high of $57.
09. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.
91 and a quick ratio of 0.83. Cisco Systems ( NASDAQ:CSCO – Get Free Report ) last released its quarterly earnings data on Wednesday, August 14th.
The network equipment provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.
02. The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.
53 billion. Cisco Systems had a net margin of 19.18% and a return on equity of 27.
83%. Cisco Systems’s revenue for the quarter was down 10.3% compared to the same quarter last year.
During the same period in the previous year, the business earned $1.01 EPS. Sell-side analysts anticipate that Cisco Systems, Inc.
will post 2.9 earnings per share for the current year. Cisco Systems Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 23rd.
Stockholders of record on Wednesday, October 2nd will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, October 2nd.
This represents a $1.60 annualized dividend and a dividend yield of 3.30%.
Cisco Systems’s dividend payout ratio is presently 53.87%. Cisco Systems Company Profile ( Free Report ) Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China.
The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization. Featured Articles Want to see what other hedge funds are holding CSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc.
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