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Cisco Systems, Inc. Is a Machine for Growing Revenue

Cisco Systems, Inc. Is a Machine for Growing Revenue

The firm owned 32,317 shares of the network equipment provider's stock after buying an additional 4,021 shares during the period. TIAA CREF Investment Management LLC raised its stake in Cisco Systems by 11.6% in the second quarter. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. Mountain Capital Investment Advisors Inc acquired a new stake in Cisco Systems during the 2nd quarter valued at $104,000. Ims Capital Management sold 9,284 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. The Scotts Miracle-Gro Company (SMG) negotiated 0.71 million shares and maintained an average volume of 0.59 million shares.

Brandywine Global Investment Management Llc increased its stake in Cisco Sys Inc (CSCO) by 3.14% based on its latest 2017Q3 regulatory filing with the SEC. Pzena Investment Management LLC now owns 2,517,046 shares of the network equipment provider's stock worth $84,648,000 after acquiring an additional 10,265 shares during the last quarter. BARTZ CAROL also sold $7.59M worth of Cisco Systems, Inc. The astute investors who found value in the networking giant are getting rewarded again: Cisco reported strong second-quarter earnings and raised its Q3 guidance. Following the completion of the sale, the chief accounting officer now owns 89,184 shares of the company's stock, valued at approximately $3,254,324.16. Its last month's stock price volatility remained 3.52% which for the week approaches 2.87%. Cisco Systems, Inc. The stock has a market capitalization of $208,080.00, a PE ratio of 21.81, a P/E/G ratio of 3.65 and a beta of 1.23. The 12-month average price target stands at $42.39, marking a 3% upside. Aviva PLC now owns 4,769,809 shares of the network equipment provider's stock worth $149,343,000 after acquiring an additional 289,899 shares during the last quarter.

Revenue from Cisco's security business, which offers firewall protection and breach detection systems, rose 6 percent to $558 million, but missed analysts' average estimate of $589.5 million. (NASDAQ:CSCO) is demonstrating how much liquid assets the corporation holds to cover each $1 of its current liabilities. About 44.38M shares traded or 72.92% up from the average. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.81 and a current ratio of 2.87. Laffer invested 0.2% in Cisco Systems, Inc. They expect $0.60 EPS, up 30.43% or $0.14 from last year's $0.46 per share.

Revenues rose 2.7% from past year to $11.89 billion, also beating analysts' view for $11.81 billion. Cisco Systems had a net margin of 20.26% and a return on equity of 16.64%.

Cisco Systems Inc (NASDAQ:CSCO) reported its first rise in quarterly revenue in more than two years, which also topped analysts' estimates, as the network gear maker's years-long efforts to transition to a software-focused company begins to take hold.

Cisco Systems announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 14th that authorizes the company to buyback $25.00 billion in shares. Earnings per share serves as an indicator of a company's profitability. Stockholders of record on Thursday, April 5th will be given a $0.33 dividend.

What happened with Cisco Systems this quarter? This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.99%. Cisco Systems's dividend payout ratio (DPR) is -362.50%.

Analysts await Heska Corporation (NASDAQ:HSKA) to report earnings on February, 27. That would imply a stock price of $50 a share.

As such, Ives reiterates an Attractive rating on Cisco stock, with a price target of $45, which implies a slight upside from today's closing price. As per Thursday, August 4, the company rating was downgraded by Gabelli. Jefferies maintained the shares of CSCO in report on Friday, October 6 with "Buy" rating. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Finally, Royal Bank of Canada reiterated a "buy" rating and issued a $36.00 target price on shares of Cisco Systems in a research report on Wednesday, November 15th.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 1 have Buy rating, 2 Sell and 11 Hold.


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