Tiaa Cref Investment Management LLC Position in Cisco Systems INC (CSCO) Has Upped as Market Valuation Rose

April 16, 2018 - By Adrian Erickson

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It improved, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Signaturefd Ltd has invested 0.33% in Cisco Systems, Inc. (NASDAQ:CSCO). Crestpoint Cap Ltd Liability Company has invested 0.83% in Cisco Systems, Inc. (NASDAQ:CSCO). Tnb owns 14,899 shares or 0.11% of their US portfolio. 10 owns 291,239 shares for 2.67% of their portfolio. Zeke Advsr Limited Liability Com holds 0.48% or 119,568 shares. Wetherby Asset Mngmt has invested 0.59% in Cisco Systems, Inc. (NASDAQ:CSCO). 696,851 are held by Fund Mngmt. Greenleaf Tru has invested 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO). Beech Hill Advsr Inc, New York-based fund reported 105,650 shares. Shelton Management holds 1.1% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 446,031 shares. Rand Wealth Limited Co stated it has 235,321 shares or 0.99% of all its holdings. Next Financial Gru Inc holds 0.58% or 35,555 shares. Auxier Asset Mgmt owns 74,298 shares. Mitsubishi Ufj Securities Holdg Limited holds 0.73% or 4,530 shares. Moreover, Invest Counselors Of Maryland Limited Liability has 0.04% invested in Cisco Systems, Inc. (NASDAQ:CSCO).

Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. Goeckeler David had sold 20,671 shares worth $940,559. 200,000 shares were sold by BARTZ CAROL, worth $7.59M. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740. BURNS M MICHELE sold $550,153 worth of stock or 12,126 shares.

Tiaa Cref Investment Management Llc increased its stake in Cisco Systems Inc (CSCO) by 6.68% based on its latest 2017Q4 regulatory filing with the SEC. Tiaa Cref Investment Management Llc bought 1.85 million shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 29.60M shares of the technology company at the end of 2017Q4, valued at $1.13B, up from 27.75 million at the end of the previous reported quarter. Tiaa Cref Investment Management Llc who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $208.45B market cap company. The stock increased 0.63% or $0.27 during the last trading session, reaching $43.27. About 5.10M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 16, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Tiaa Cref Investment Management Llc, which manages about $151.69 billion US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 628,383 shares to 14.00M shares, valued at $1.17B in 2017Q4, according to the filing. It also reduced its holding in Parker (NYSE:PH) by 52,129 shares in the quarter, leaving it with 2.32 million shares, and cut its stake in Olin Corp (NYSE:OLN).

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Among 23 analysts covering Cisco Systems (NASDAQ:CSCO), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Cisco Systems had 41 analyst reports since October 24, 2017 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Tuesday, February 13. The rating was maintained by Cowen & Co on Monday, February 12 with “Buy”. On Wednesday, March 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, January 10. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, January 18. The rating was maintained by Jefferies with “Buy” on Thursday, February 15. The firm has “Buy” rating by Cowen & Co given on Friday, November 3. Stifel Nicolaus maintained the shares of CSCO in report on Thursday, February 15 with “Hold” rating. The company was maintained on Thursday, February 15 by Bank of America. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Raymond James on Thursday, November 16.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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