Matrix Asset Advisors Has Upped Cisco Systems (CSCO) Holding By $933,000; JEFFERSONVILLE BCP (JFBC) Shorts Raised By 400%

June 20, 2017 - By Hazel Jackson

Matrix Asset Advisors Inc increased Cisco Systems Inc (CSCO) stake by 5.18% reported in 2016Q4 SEC filing. Matrix Asset Advisors Inc acquired 31,100 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Matrix Asset Advisors Inc holds 631,760 shares with $19.09 million value, up from 600,660 last quarter. Cisco Systems Inc now has $162.03B valuation. The stock rose 0.16% or $0.05 reaching $32.04 per share. About 6,497 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since June 20, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

JEFFERSONVILLE BCP (OTCMKTS:JFBC) had an increase of 400% in short interest. JFBC’s SI was 500 shares in June as released by FINRA. Its up 400% from 100 shares previously. With 2,300 avg volume, 0 days are for JEFFERSONVILLE BCP (OTCMKTS:JFBC)’s short sellers to cover JFBC’s short positions. It closed at $15.34 lastly. It is down 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Jeffersonville Bancorp is the bank holding firm for Jeff Bank . The company has market cap of $65.00 million. The Bank is a commercial bank providing community banking services to individuals, small businesses and local municipal governments primarily in Sullivan County, New York. It has a 12.69 P/E ratio. The Company’s commercial portfolio segment includes commercial real estate and other commercial loans.

Investors sentiment Infinity in 2016 Q4. Its in 2016Q3. It [12345], as 0 investors sold Jeffersonville Bancorp shares while 0 reduced holdings. 0 funds opened positions while 0 raised stakes. 43,104 shares or 0.00% without change from 43,104 shares in 2016Q3 were reported. Moreover, Hudson Valley Inv Advsr Adv has 0.15% invested in Jeffersonville Bancorp (OTCMKTS:JFBC) for 30,006 shares. Headinvest Lc owns 0.08% invested in Jeffersonville Bancorp (OTCMKTS:JFBC) for 13,098 shares.

Since December 23, 2016, it had 1 buy, and 10 selling transactions for $25.59 million activity. $544,640 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D. The insider Dedicoat Chris sold 34,597 shares worth $1.18M. Another trade for 295,538 shares valued at $10.07M was sold by CHAMBERS JOHN T. $537,050 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by BHATT PRAT. 1,793 shares were sold by Walker Karen, worth $54,525. $2.94M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Jacoby Rebecca on Wednesday, June 14. Shares for $340,700 were sold by MCGEARY RODERICK C.

Investors sentiment decreased to 1.07 in Q4 2016. Its down 0.02, from 1.09 in 2016Q3. It dropped, as 81 investors sold CSCO shares while 635 reduced holdings. 117 funds opened positions while 651 raised stakes. 3.60 billion shares or 0.42% more from 3.58 billion shares in 2016Q3 were reported. Lowe Brockenbrough holds 351,208 shares. Eaton Vance Mgmt has 5.56 million shares for 0.47% of their portfolio. National Asset Incorporated owns 66,689 shares for 0.41% of their portfolio. The Manitoba – Canada-based Great West Life Assurance Can has invested 0.81% in Cisco Systems, Inc. (NASDAQ:CSCO). Yacktman Asset Limited Partnership accumulated 6.84% or 24.93M shares. Narwhal Capital Management owns 134,040 shares. Fdx Advsr invested 0.34% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Amp Invsts invested in 0.53% or 2.87M shares. Patriot Wealth Management reported 1.65% in Cisco Systems, Inc. (NASDAQ:CSCO). Meiji Yasuda Life Insurance Company stated it has 0.62% in Cisco Systems, Inc. (NASDAQ:CSCO). Scott Selber Inc invested in 1.18% or 60,852 shares. Kayne Anderson Rudnick Invest reported 0.06% in Cisco Systems, Inc. (NASDAQ:CSCO). Holt Advisors Ltd Limited Liability Company Dba Holt Prns Limited Partnership, Texas-based fund reported 30,725 shares. Dodge & Cox reported 64.58 million shares. Usca Ria Ltd has 319,157 shares.

Among 31 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 19 have Buy rating, 1 Sell and 11 Hold. Therefore 61% are positive. Cisco Systems Inc. had 70 analyst reports since August 4, 2015 according to SRatingsIntel. Argus Research maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Friday, August 19. Argus Research has “Buy” rating and $37 target. The stock has “Underperform” rating by Macquarie Research on Tuesday, August 4. The rating was maintained by KeyBanc Capital Markets on Thursday, August 18 with “Overweight”. Macquarie Research upgraded the shares of CSCO in report on Monday, February 8 to “Neutral” rating. The company was maintained on Thursday, August 18 by Wunderlich. The firm has “Buy” rating given on Thursday, August 18 by Citigroup. Oppenheimer maintained it with “Outperform” rating and $160 target in Friday, February 12 report. Deutsche Bank maintained the shares of CSCO in report on Thursday, February 11 with “Buy” rating. UBS maintained the shares of CSCO in report on Thursday, February 11 with “Buy” rating. As per Monday, August 15, the company rating was maintained by Barclays Capital.

Matrix Asset Advisors Inc decreased Schwab (Charles) Corp (NYSE:SCHW) stake by 211,571 shares to 186,596 valued at $7.37M in 2016Q4. It also reduced J. P. Morgan Chase & Co. (NYSE:JPM) stake by 24,353 shares and now owns 345,405 shares. Morgan Stanley (NYSE:MS) was reduced too.

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