Deutsche Bank Ag Has Increased Stake in Cisco Sys INC (CSCO) by $1.91 Billion

June 14, 2018 - By Milton Kimbrough

Cisco Systems, Inc. (NASDAQ:CSCO) LogoInvestors sentiment decreased to 0.73 in Q1 2018. Its down 0.30, from 1.03 in 2017Q4. It fall, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Chicago Equity Prns Ltd Limited Liability Company invested 0.68% in Cisco Systems, Inc. (NASDAQ:CSCO). 294,200 are owned by Louisiana State Employees Retirement. Cardinal Management has invested 1.75% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, 1832 Asset Limited Partnership has 0.07% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Kornitzer Cap Management Ks has 0.74% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 1.01M shares. Oakworth Capital holds 0.26% or 24,613 shares. Oakmont Prtn Lc has invested 0.11% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Lowe Brockenbrough Inc reported 341,234 shares. Saturna Cap reported 2.09% in Cisco Systems, Inc. (NASDAQ:CSCO). Forbes J M And Com Limited Liability Partnership holds 216,597 shares or 2.16% of its portfolio. Telemus Capital Lc invested 0.14% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Country Club Tru Na holds 414,414 shares. Stephens Inc Ar reported 0.53% in Cisco Systems, Inc. (NASDAQ:CSCO). Pennsylvania Tru reported 412,983 shares. Captrust Financial invested in 271,818 shares or 0.69% of the stock.

Since February 20, 2018, it had 0 insider purchases, and 3 insider sales for $2.12 million activity. On Tuesday, February 20 the insider SARIN ARUN sold $625,751. 20,671 shares were sold by Goeckeler David, worth $940,559 on Thursday, March 15.

Deutsche Bank Ag increased its stake in Cisco Sys Inc (CSCO) by 512534.99% based on its latest 2018Q1 regulatory filing with the SEC. Deutsche Bank Ag bought 45.38 million shares as the company’s stock declined 4.63% with the market. The institutional investor held 45.39M shares of the technology company at the end of 2018Q1, valued at $1.95B, up from 8,854 at the end of the previous reported quarter. Deutsche Bank Ag who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $206.97B market cap company. The stock increased 0.16% or $0.07 during the last trading session, reaching $44.01. About 18.34 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 14, 2017 and is uptrending. It has outperformed by 25.03% the S&P500.

Deutsche Bank Ag, which manages about $153.88B US Long portfolio, decreased its stake in Torchmark Corp (Put) (NYSE:TMK) by 594,862 shares to 670 shares, valued at $56,000 in 2018Q1, according to the filing. It also reduced its holding in Hill Rom Hldgs Inc (NYSE:HRC) by 116,231 shares in the quarter, leaving it with 209,630 shares, and cut its stake in Great Plains Energy Inc (NYSE:GXP).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “3 Security Stocks in the Spotlight With Fresh Cyber Attacks” on June 12, 2018, also Finance.Yahoo.com with their article: “The Good Times Are Here to Stay for Advanced Micro Devices, Inc. Stock” published on June 12, 2018, Globenewswire.com published: “Cisco Announces June 2018 Events with the Financial Community” on May 30, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Fortinet Inc Earnings Confirm My Bull Thesis” published on June 08, 2018 as well as Globenewswire.com‘s news article titled: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” with publication date: May 23, 2018.

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

Among 25 analysts covering Cisco Systems (NASDAQ:CSCO), 20 have Buy rating, 0 Sell and 5 Hold. Therefore 80% are positive. Cisco Systems has $5800 highest and $40 lowest target. $49.25’s average target is 11.91% above currents $44.01 stock price. Cisco Systems had 42 analyst reports since December 15, 2017 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Thursday, May 17. The stock has “Buy” rating by Piper Jaffray on Wednesday, April 18. The rating was maintained by J.P. Morgan on Monday, June 11 with “Buy”. Citigroup maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, February 13 with “Buy” rating. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Friday, June 8 by Oppenheimer. The stock has “Buy” rating by Cowen & Co on Monday, May 14. The firm has “Buy” rating by Jefferies given on Thursday, February 15. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, March 14. The firm has “Buy” rating given on Thursday, February 15 by KeyBanc Capital Markets. The firm earned “Overweight” rating on Monday, February 26 by Morgan Stanley.

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

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