Frontier Investment Mgmt Company Decreased Cisco Systems (CSCO) Stake as Shares Declined; Trimble (TRMB) Shareholder Dynamic Capital Management LTD Lowered Position

January 18, 2018 - By Adrian Mccoy

Dynamic Capital Management Ltd decreased its stake in Trimble Inc (TRMB) by 69.3% based on its latest 2017Q3 regulatory filing with the SEC. Dynamic Capital Management Ltd sold 53,201 shares as the company’s stock rose 13.95% with the market. The hedge fund held 23,563 shares of the industrial machinery and components company at the end of 2017Q3, valued at $925,000, down from 76,764 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in Trimble Inc for a number of months, seems to be less bullish one the $11.06 billion market cap company. The stock increased 1.83% or $0.79 during the last trading session, reaching $43.91. About 865,391 shares traded. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since January 18, 2017 and is uptrending. It has outperformed by 34.75% the S&P500.

Frontier Investment Mgmt Company decreased its stake in Cisco Systems (CSCO) by 3.5% based on its latest 2017Q3 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 13,218 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 364,214 shares of the technology company at the end of 2017Q3, valued at $12.25 million, down from 377,432 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $203.68 billion market cap company. The stock increased 1.63% or $0.66 during the last trading session, reaching $41.2. About 24.43 million shares traded or 18.74% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 18, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.10, from 1.28 in 2017Q2. It turned negative, as 18 investors sold TRMB shares while 126 reduced holdings. 39 funds opened positions while 131 raised stakes. 221.33 million shares or 0.83% less from 223.17 million shares in 2017Q2 were reported. National Pension invested in 328 shares or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.13% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Bessemer Group reported 10,461 shares or 0% of all its holdings. Missouri-based Kennedy Cap Management Inc has invested 0.12% in Trimble Inc. (NASDAQ:TRMB). Loomis Sayles Company LP reported 250,733 shares. Moreover, Jaffetilchin Prns Ltd Liability Company has 0.1% invested in Trimble Inc. (NASDAQ:TRMB). Susquehanna Intl Ltd Liability Partnership owns 6,983 shares. Nelson Van Denburg And Campbell Wealth Mgmt Gp Ltd Liability Com holds 7,400 shares or 0.1% of its portfolio. Invesco owns 1.74M shares or 0.03% of their US portfolio. Manufacturers Life Insur The invested in 0.02% or 372,654 shares. Canada Pension Plan Invest Board reported 362,399 shares. Vanguard Gru holds 0.04% of its portfolio in Trimble Inc. (NASDAQ:TRMB) for 21.61 million shares. Moreover, Cipher LP has 0.14% invested in Trimble Inc. (NASDAQ:TRMB). Texas-based King Luther Mgmt has invested 1.22% in Trimble Inc. (NASDAQ:TRMB). Asset Management One Communication Limited holds 463,329 shares or 0.04% of its portfolio.

Dynamic Capital Management Ltd, which manages about $932.59 million and $348.77M US Long portfolio, upped its stake in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) by 5,483 shares to 10,183 shares, valued at $1.55 million in 2017Q3, according to the filing. It also increased its holding in Stericycle Inc (NASDAQ:SRCL) by 6,770 shares in the quarter, for a total of 17,623 shares, and has risen its stake in Time Warner Inc (NYSE:TWX).

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Trimble Inc. (NASDAQ:TRMB) has “Hold” rating given on Wednesday, August 5 by Craig Hallum. The firm earned “Buy” rating on Monday, July 24 by Piper Jaffray. The firm has “Neutral” rating by Robert W. Baird given on Monday, October 5. Morgan Stanley initiated Trimble Inc. (NASDAQ:TRMB) rating on Monday, September 21. Morgan Stanley has “Equal Weight” rating and $20 target. The stock has “Buy” rating by Piper Jaffray on Friday, September 29. Oppenheimer initiated Trimble Inc. (NASDAQ:TRMB) rating on Thursday, December 10. Oppenheimer has “Outperform” rating and $32 target. The rating was maintained by Robert W. Baird on Thursday, October 26 with “Buy”. Robert W. Baird upgraded Trimble Inc. (NASDAQ:TRMB) rating on Friday, October 30. Robert W. Baird has “Outperform” rating and $24 target. The firm earned “Outperform” rating on Friday, October 27 by Oppenheimer. The rating was maintained by JP Morgan with “Overweight” on Friday, September 25.

Since August 4, 2017, it had 0 insider purchases, and 8 selling transactions for $8.73 million activity. Shares for $1.26 million were sold by Janow Merit E on Monday, August 7. Shares for $2.92 million were sold by Gibson Chris on Monday, August 28. $143,583 worth of Trimble Inc. (NASDAQ:TRMB) was sold by MATTHEWS DARRYL R on Wednesday, September 6. The insider Kliem Jurgen sold 44,662 shares worth $1.72M.

Analysts await Trimble Inc. (NASDAQ:TRMB) to report earnings on February, 14. They expect $0.31 earnings per share, up 10.71% or $0.03 from last year’s $0.28 per share. TRMB’s profit will be $78.05 million for 35.41 P/E if the $0.31 EPS becomes a reality. After $0.35 actual earnings per share reported by Trimble Inc. for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Since August 23, 2017, it had 0 buys, and 7 selling transactions for $23.51 million activity. $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Walker Karen on Monday, September 11. Shares for $7.79M were sold by CHAMBERS JOHN T on Wednesday, August 23. Another trade for 25,638 shares valued at $821,900 was made by BHATT PRAT on Monday, September 11. MCGEARY RODERICK C had sold 15,230 shares worth $578,740. $3.89 million worth of stock was sold by Robbins Charles on Monday, September 11. CHANDLER MARK D sold $2.11 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 18.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dived, 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. F&V Mgmt Ltd Company accumulated 3.96% or 201,210 shares. The Illinois-based Alley Limited Co has invested 0.89% in Cisco Systems, Inc. (NASDAQ:CSCO). Fort Washington Invest Advisors Oh has 1.33% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 2.55M shares. Bbva Compass Fincl Bank invested in 1.08% or 492,664 shares. 66,788 are owned by Homrich And Berg. John G Ullman Associates Inc stated it has 0.16% in Cisco Systems, Inc. (NASDAQ:CSCO). Kayne Anderson Rudnick Invest Mngmt Limited, California-based fund reported 200,244 shares. Acadian Asset Mngmt Ltd Liability holds 2.30 million shares. 45,304 are owned by Gargoyle Invest Advisor Ltd. Filament Limited Liability invested in 0.08% or 6,474 shares. Lehman Fin Resources Incorporated has invested 2.03% in Cisco Systems, Inc. (NASDAQ:CSCO). 108,668 were reported by Tompkins Corporation. Wg Shaheen & Associate Dba Whitney & Comm holds 139,922 shares or 1.47% of its portfolio. Cardinal Mngmt holds 1.46% or 137,849 shares in its portfolio. Keystone Finance Planning Incorporated owns 198,973 shares for 3.79% of their portfolio.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 earnings per share, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62 billion for 19.43 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

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