Lingohr & Partner Asset Management Gmbh Trimmed Position in Cisco Syst (CSCO) by $533,800; Microsoft (MSFT) Shareholder Mathes Company Raised Position

February 15, 2018 - By Michael Collier

Lingohr & Partner Asset Management Gmbh decreased its stake in Cisco Syst (CSCO) by 35.01% based on its latest 2017Q3 regulatory filing with the SEC. Lingohr & Partner Asset Management Gmbh sold 15,700 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 29,140 shares of the technology company at the end of 2017Q3, valued at $992,000, down from 44,840 at the end of the previous reported quarter. Lingohr & Partner Asset Management Gmbh who had been investing in Cisco Syst for a number of months, seems to be less bullish one the $208.08B market cap company. The stock increased 2.09% or $0.86 during the last trading session, reaching $42.09. About 43.84 million shares traded or 70.82% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 15, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Mathes Company Inc increased its stake in Microsoft Corp (MSFT) by 419.13% based on its latest 2017Q3 regulatory filing with the SEC. Mathes Company Inc bought 49,570 shares as the company’s stock rose 4.75% with the market. The institutional investor held 61,397 shares of the prepackaged software company at the end of 2017Q3, valued at $4.57M, up from 11,827 at the end of the previous reported quarter. Mathes Company Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $699.22B market cap company. The stock increased 1.57% or $1.4 during the last trading session, reaching $90.81. About 34.96M shares traded or 24.57% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 15, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 142 analyst reports since August 4, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Buy” rating and $3600 target in Wednesday, June 28 report. Goldman Sachs maintained the shares of CSCO in report on Thursday, August 18 with “Neutral” rating. Morgan Stanley maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with “Equal-Weight” rating. The stock has “Buy” rating by Oppenheimer on Wednesday, August 16. The rating was maintained by Credit Suisse with “Hold” on Friday, July 21. The company was maintained on Tuesday, August 9 by Citigroup. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 9. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, June 20 report. Goldman Sachs downgraded the shares of CSCO in report on Monday, February 8 to “Buy” rating. Bernstein maintained the stock with “Buy” rating in Tuesday, September 1 report.

Lingohr & Partner Asset Management Gmbh, which manages about $195.79 million US Long portfolio, upped its stake in Borgwarner (NYSE:BWA) by 9,974 shares to 18,874 shares, valued at $989,000 in 2017Q3, according to the filing. It also increased its holding in Tahoe Reso (NYSE:TAHO) by 80,100 shares in the quarter, for a total of 502,998 shares, and has risen its stake in Commscope (NASDAQ:COMM).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 EPS, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62 billion for 19.85 P/E if the $0.53 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dropped, 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. 790,000 were reported by General. Peapack Gladstone reported 304,063 shares or 0.59% of all its holdings. Macquarie Grp Inc Limited reported 22.04M shares. Research & owns 4,100 shares. Skba Capital Mgmt Lc invested in 3.37% or 696,630 shares. Prudential Financial holds 0.47% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 8.39M shares. Quantbot Tech LP invested 0.05% in Cisco Systems, Inc. (NASDAQ:CSCO). 4.42 million are held by Axa. Horan Cap owns 314,548 shares. City Hldgs owns 91,218 shares. Horizon Kinetics Lc stated it has 0.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Northstar Inv Advsr has 1.72% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 262,551 shares. Omers Administration invested in 1.85% or 4.81M shares. Dowling & Yahnke Ltd Liability holds 0.71% or 207,164 shares. Gamco Inc Et Al holds 0.01% or 47,600 shares in its portfolio.

Since August 23, 2017, it had 0 insider purchases, and 7 insider sales for $23.51 million activity. $3.89 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by Robbins Charles. BARTZ CAROL also sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. The insider Walker Karen sold $740,883. $2.11M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D. 250,000 shares were sold by CHAMBERS JOHN T, worth $7.79 million. BHATT PRAT sold $821,900 worth of stock or 25,638 shares.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 166 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 3 by Piper Jaffray. The firm has “Buy” rating by UBS given on Friday, January 29. The rating was maintained by Piper Jaffray with “Buy” on Sunday, August 27. The rating was maintained by Nomura with “Buy” on Friday, October 21. On Friday, January 27 the stock rating was maintained by Canaccord Genuity with “Hold”. As per Friday, August 7, the company rating was maintained by Oppenheimer. The firm has “Buy” rating by Cowen & Co given on Tuesday, October 31. The company was upgraded on Thursday, November 17 by Goldman Sachs. The firm has “Buy” rating by Tigress Financial given on Monday, January 23. The rating was initiated by Canaccord Genuity on Monday, May 16 with “Hold”.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Moreover, Brave Asset Mngmt Inc has 1.88% invested in Microsoft Corporation (NASDAQ:MSFT) for 48,100 shares. Clearbridge Limited Liability accumulated 24.70 million shares. Moreover, Cue Finance Gru Inc Inc has 1.24% invested in Microsoft Corporation (NASDAQ:MSFT) for 23,903 shares. Seizert Cap Ptnrs Ltd Liability Corporation reported 500,618 shares. Chesley Taft And Associates Ltd Limited Liability Company holds 417,229 shares. Centre Asset Mngmt Limited Liability Com reported 5.18% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Atlas Browninc holds 0.34% or 21,623 shares. Investment Centers Of America holds 0.3% or 55,751 shares. Meristem Llp reported 15,832 shares stake. Cannell Peter B And Company accumulated 1.25 million shares. Kidder Stephen W, a Massachusetts-based fund reported 69,025 shares. Jane Street Group Ltd Liability accumulated 152,008 shares. Pittenger & Anderson holds 138,821 shares. Gould Asset Mngmt Ca reported 13,528 shares. Prospector Prtnrs Ltd has invested 2.43% in Microsoft Corporation (NASDAQ:MSFT).

Mathes Company Inc, which manages about $240.09 million and $212.37M US Long portfolio, decreased its stake in Kraft Heinz Company by 17,425 shares to 19,332 shares, valued at $1.50M in 2017Q3, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 5,217 shares in the quarter, leaving it with 6,871 shares, and cut its stake in First Trust Dj Internet Index Etf (FDN).

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