Cisco acquires hyperconvergence firm Springpath for $320 mn


Cisco acquires hyperconvergence firm Springpath for $320 mn

Amf Pensionsforsakring holds 4.15M shares. (NASDAQ:CSCO). Alabama-based Notis has invested 1.43% in Cisco Systems, Inc. It has underperformed by 4.29% the S&P500.

Senomyx Incorporated (NASDAQ:SNMX) had an increase of 0.2% in short interest. About shares traded. NOW Inc (NYSE:DNOW) has risen 9.86% since August 22, 2016 and is uptrending. Its up 8.27% from 523,700 shares previously. The stock increased 1.13% or $1.48 during the last trading session, reaching $132.44.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 16th. The company has market cap of $864.48 million. The Firm operates under the DistributionNOW and Wilson Export brands. It has a 14.7 P/E ratio. It focuses on owning concentrated business parks. The shares were sold at an average price of $31.52, for a total transaction of $9,315,326.24. Dedicoat Chris sold $1.18 million worth of stock or 34,597 shares. Cogan John Francis sold 9,943 shares worth $668,667. In the last 90 days, insiders have sold 396,179 shares of company stock worth $12,503,407.

Among 2 analysts covering Ps Business Parks Inc. M&T National Bank invested in 3.95 million shares or 0.74% of the stock. Therefore 25% are positive. The company was maintained on Thursday, June 29 by William Blair.

Investors sentiment decreased to 1.07 in Q4 2016. Its up 0.31, from 1.02 in 2016Q3. New Jersey-based Prudential Financial Incorporated has invested 0% in Motorcar Parts of America, Inc. Wunderlich Capital Managemnt has 49,070 shares. Creative Planning stated it has 31,675 shares or 0% of all its holdings. Tortoise Investment Management LLC increased its position in shares of Cisco Systems by 36.1% in the second quarter. 311 are held by Blackrock Inc. Westpac Bk has invested 0% in NOW Inc (NYSE:DNOW). 3,159 are held by First Citizens Bancorp And Tru Co. Arrowpoint Asset Mngmt Ltd owns 11,550 shares for 0.01% of their portfolio. Manufacturers Life Ins Commerce The owns 6,892 shares. Profund Ltd Liability has invested 0.54% in Cisco Systems, Inc. The dividend payment was $0.290 per share for the quarter or $1.16 annualized. More interesting news about Motorcar Parts of America, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D. Shares for $244,125 were sold by Walker Karen. Hennessy Advisors invested in 0.19% or 355,000 shares. Barnett & Company Inc. now owns 3,223 shares of the network equipment provider's stock worth $101,000 after buying an additional 3,023 shares in the last quarter. Kraft Heinz Company was reduced too.

Since February 23, 2017, it had 0 insider purchases, and 6 insider sales for $14.76 million activity. Citigroup initiated Cisco Systems, Inc. The total value of its holdings decreased 4.3%. Oppenheimer maintained Cisco Systems, Inc. The insider Jacoby Rebecca sold 92,840 shares worth $2.94M. (NASDAQ:CSCO) for 476,592 shares. At present, the Gross Margin for Cisco Systems, Inc. Fourteen research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. Therefore 64% are positive. International Paper Company had 50 analyst reports since August 4, 2015 according to SRatingsIntel. Cisco Systems's dividend payout ratio (DPR) is presently 60.73%. The rating was maintained by Robert W. Baird with "Buy" on Thursday, August 17. Finally, JMP Securities reiterated a "market perform" rating on shares of Cisco Systems in a research note on Friday. The rating was maintained by KeyBanc Capital Markets with "Hold" on Tuesday, July 11. Piper Jaffray maintained the stock with "Buy" rating in Thursday, August 13 report. As per Wednesday, August 10, the company rating was downgraded by B. Riley & Co. (NASDAQ:CSCO) earned "Overweight" rating by Morgan Stanley on Monday, May 15. The firm has "Buy" rating given on Thursday, February 11 by Deutsche Bank. The firm has "Buy" rating by Oppenheimer given on Wednesday, August 16. The rating was maintained by Raymond James with "Outperform" on Friday, September 23. The firm has "Neutral" rating given on Thursday, August 18 by Goldman Sachs. On Friday, December 18 the stock rating was initiated by KeyBanc Capital Markets with "Sector Weight". Invest Inc Wi reported 0.28% of its portfolio in Motorcar Parts of America, Inc. Its down 0.43, from 1.18 in 2016Q3. It is negative, as 81 investors sold CSCO shares while 635 reduced holdings.

Other hedge funds have also made changes to their positions in the company. Analysts have placed a $35.8 price target on Cisco Systems, Inc., suggesting a 14.49% gain from recent close. (NASDAQ:CSCO). 1.42 million were reported by Qs Investors Limited Company. Paloma Partners Management Com stated it has 0.06% of its portfolio in Cisco Systems, Inc. State Street Corp holds 128,442 shares or 0% of its portfolio. First City Mngmt Inc stated it has 0.48% in Cisco Systems, Inc. Macquarie Group Ltd. boosted its stake in shares of Cisco Systems by 5.7% in the fourth quarter. Fairfield Bush Communication has 15,191 shares for 0.15% of their portfolio. Visionary Asset Mgmt accumulated 106,893 shares or 1.05% of the stock.