Amf Pensionsforsakring Ab Raised Holding in Cisco Sys INC (CSCO) by $11.33 Million

April 22, 2018 - By Kurt Siggers

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment increased to 1.03 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It improved, 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. Baystate Wealth Lc owns 8,487 shares. Farmers Merchants Invs Inc reported 209,678 shares stake. Murphy Pohlad Asset Mgmt Limited Liability Com reported 20,213 shares. Howe & Rusling reported 1.14% in Cisco Systems, Inc. (NASDAQ:CSCO). 603,132 are held by Advisory. Peddock Capital Advsrs Ltd has 33,639 shares for 0.65% of their portfolio. Carlton Hofferkamp Jenks Wealth Lc holds 0.25% in Cisco Systems, Inc. (NASDAQ:CSCO) or 10,515 shares. Grand Jean Cap Management accumulated 7,500 shares or 0.1% of the stock. Daiwa Securities Group Inc invested in 251,821 shares. Altavista Wealth Mngmt Inc stated it has 2.56% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Stoneridge Investment Ptnrs Ltd Company owns 7,432 shares for 0.05% of their portfolio. River Road Asset Mgmt Llc reported 1.02M shares. Rampart Inv Limited Company reported 67,387 shares. Mitsubishi Ufj Tru And Banking Corporation reported 0.72% in Cisco Systems, Inc. (NASDAQ:CSCO). Savant Cap Limited Liability Company owns 30,270 shares or 0.24% of their US portfolio.

Since December 14, 2017, it had 0 buys, and 5 sales for $10.28 million activity. SARIN ARUN sold $625,751 worth of stock or 14,189 shares. BARTZ CAROL sold $7.59M worth of stock or 200,000 shares. MCGEARY RODERICK C sold $578,740 worth of stock or 15,230 shares. Shares for $550,153 were sold by BURNS M MICHELE.

Amf Pensionsforsakring Ab increased its stake in Cisco Sys Inc (CSCO) by 6.35% based on its latest 2017Q4 regulatory filing with the SEC. Amf Pensionsforsakring Ab bought 298,270 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 4.99 million shares of the technology company at the end of 2017Q4, valued at $191.20M, up from 4.69M at the end of the previous reported quarter. Amf Pensionsforsakring Ab who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $212.40B market cap company. The stock decreased 1.05% or $0.47 during the last trading session, reaching $44.09. About 18.21M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 22, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Amf Pensionsforsakring Ab, which manages about $10.21 billion US Long portfolio, decreased its stake in American Intl Group Inc (NYSE:AIG) by 1.04 million shares to 313,437 shares, valued at $18.68 million in 2017Q4, according to the filing. It also reduced its holding in Norfolk Southern Corp (NYSE:NSC) by 93,817 shares in the quarter, leaving it with 234,212 shares, and cut its stake in Danaher Corp Del (NYSE:DHR).

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Among 23 analysts covering Cisco Systems (NASDAQ:CSCO), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Cisco Systems had 42 analyst reports since October 24, 2017 according to SRatingsIntel. Raymond James maintained the shares of CSCO in report on Thursday, February 15 with “Buy” rating. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, November 16. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by BMO Capital Markets on Wednesday, November 15. The rating was maintained by Citigroup on Thursday, November 16 with “Buy”. Stifel Nicolaus maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, March 14 with “Hold” rating. Bank of America maintained the shares of CSCO in report on Thursday, February 15 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, February 14. As per Thursday, January 18, the company rating was maintained by KeyBanc Capital Markets. On Friday, November 17 the stock rating was maintained by Argus Research with “Buy”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Monday, February 12 by Cowen & Co.

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

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