Cisco Sys Com (CSCO) Shareholder Somerset Trust Company Has Upped Stake by $1.43 Million; Adelante Capital Management Increased Its Vornado Realty Trust (VNO) Holding by $10.49 Million as Stock Price Declined

February 24, 2018 - By Linda Rogers

Somerset Trust Company increased its stake in Cisco Sys Inc Com (CSCO) by 52.28% based on its latest 2017Q3 regulatory filing with the SEC. Somerset Trust Company bought 43,371 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 126,330 shares of the technology company at the end of 2017Q3, valued at $4.25 million, up from 82,959 at the end of the previous reported quarter. Somerset Trust Company who had been investing in Cisco Sys Inc Com for a number of months, seems to be bullish on the $211.97B market cap company. The stock increased 2.47% or $1.06 during the last trading session, reaching $44. About 25.78 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 24, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Adelante Capital Management Llc increased its stake in Vornado Realty Trust (VNO) by 17.19% based on its latest 2017Q3 regulatory filing with the SEC. Adelante Capital Management Llc bought 137,992 shares as the company’s stock declined 14.33% while stock markets rallied. The hedge fund held 940,592 shares of the real estate investment trusts company at the end of 2017Q3, valued at $72.31 million, up from 802,600 at the end of the previous reported quarter. Adelante Capital Management Llc who had been investing in Vornado Realty Trust for a number of months, seems to be bullish on the $13.70 billion market cap company. The stock increased 1.71% or $1.14 during the last trading session, reaching $67.67. About 565,566 shares traded. Vornado Realty Trust (NYSE:VNO) has risen 1.51% since February 24, 2017 and is uptrending. It has underperformed by 15.19% the S&P500.

Adelante Capital Management Llc, which manages about $1.78 billion and $1.81B US Long portfolio, decreased its stake in Marriott International (NASDAQ:MAR) by 21,975 shares to 510,673 shares, valued at $56.31 million in 2017Q3, according to the filing. It also reduced its holding in Interxion Holdings (NYSE:INXN) by 8,085 shares in the quarter, leaving it with 48,035 shares, and cut its stake in Simon Property Group Inc. (NYSE:SPG).

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.08, from 0.97 in 2017Q2. It increased, as 52 investors sold VNO shares while 118 reduced holdings. 39 funds opened positions while 139 raised stakes. 160.36 million shares or 0.00% less from 160.36 million shares in 2017Q2 were reported. 3,781 are held by Robeco Institutional Asset Bv. Deltec Asset Lc invested 0.11% in Vornado Realty Trust (NYSE:VNO). Alpine Woods Cap Investors stated it has 0.21% in Vornado Realty Trust (NYSE:VNO). 19,000 are held by Jacobs Levy Equity Management. Koch Industries Inc reported 2,648 shares. Qs Ltd Company holds 0.01% in Vornado Realty Trust (NYSE:VNO) or 17,914 shares. Meiji Yasuda Asset Ltd has invested 0.05% in Vornado Realty Trust (NYSE:VNO). Great West Life Assurance Can has invested 0.04% of its portfolio in Vornado Realty Trust (NYSE:VNO). Alaska-based State Of Alaska Department Of Revenue has invested 0.46% in Vornado Realty Trust (NYSE:VNO). Channing Cap Ltd Llc holds 0.24% in Vornado Realty Trust (NYSE:VNO) or 82,171 shares. Rampart Mngmt Com Ltd Liability Com invested in 2,368 shares or 0.06% of the stock. Oppenheimer Asset Mngmt stated it has 0.03% in Vornado Realty Trust (NYSE:VNO). Ameriprise holds 0.01% or 139,751 shares in its portfolio. Kempen Capital Mngmt Nv holds 0.61% or 102,294 shares. Forward Mngmt Llc accumulated 29,800 shares.

Among 13 analysts covering Vornado Realty Trust (NYSE:VNO), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Vornado Realty Trust had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, January 26. The rating was upgraded by Credit Suisse on Tuesday, April 12 to “Outperform”. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, July 18 report. Barclays Capital maintained the shares of VNO in report on Friday, September 4 with “Overweight” rating. As per Monday, January 22, the company rating was upgraded by SunTrust. On Monday, May 16 the stock rating was maintained by Deutsche Bank with “Hold”. The stock has “Neutral” rating by JP Morgan on Friday, December 15. On Wednesday, August 5 the stock rating was upgraded by TheStreet to “Hold”. J.P. Morgan downgraded Vornado Realty Trust (NYSE:VNO) on Friday, December 15 to “Hold” rating. The rating was maintained by SunTrust with “Neutral” on Thursday, September 3.

Somerset Trust Company, which manages about $188.61M US Long portfolio, decreased its stake in Vanguard Index Fds Reit Etf (VNQ) by 12,423 shares to 8,751 shares, valued at $727,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It is negative, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Prelude Cap Llc has 13,254 shares for 0.04% of their portfolio. Telemus Cap Ltd Liability Corporation accumulated 0.07% or 12,418 shares. Edinburgh Prns Limited owns 672,247 shares. Welch Forbes Limited Liability Corporation holds 412,611 shares or 0.37% of its portfolio. Salem Capital accumulated 204,750 shares or 3.55% of the stock. Acg Wealth owns 101,493 shares for 0.59% of their portfolio. The Virginia-based Wealthcare Mngmt Ltd Liability Corporation has invested 0% in Cisco Systems, Inc. (NASDAQ:CSCO). 381,094 are owned by Stephens Ar. Guardian accumulated 600 shares. Benedict Fincl invested in 2.47% or 143,195 shares. Sawgrass Asset Ltd Co has invested 0.13% in Cisco Systems, Inc. (NASDAQ:CSCO). Ckw Group stated it has 0.03% in Cisco Systems, Inc. (NASDAQ:CSCO). Alphaone Invest Services Ltd Liability Com holds 12,061 shares or 0.11% of its portfolio. Winch Advisory Serv Limited Com holds 32,043 shares or 0.7% of its portfolio. Locust Wood Capital Advisers Ltd Liability Corporation has 1.16M shares for 3.71% of their portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: