Align Wealth Administration LLC purchased a brand new stake in Cisco Programs, Inc. (NASDAQ:CSCO – Get Score) through the 4th quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The fund purchased 12,483 shares of the community gear supplier’s inventory, valued at roughly $499,000. Cisco Programs accounts for roughly 0.4% of Align Wealth Administration LLC’s portfolio, making the inventory its seventeenth largest holding.

Copper Exploration Heating (From Funding Developments)

A number of different institutional buyers and hedge funds have additionally not too long ago added to or diminished their stakes within the firm. Dearborn Companions LLC raised its stake in Cisco Programs by 0.5% within the third quarter. Dearborn Companions LLC now owns 46,849 shares of the community gear supplier’s inventory valued at $1,874,000 after shopping for a further 212 shares over the past quarter. Peninsula Wealth LLC lifted its place in Cisco Programs by 2.9% through the third quarter. Peninsula Wealth LLC now owns 8,030 shares of the community gear supplier’s inventory valued at $321,000 after buying a further 224 shares over the past quarter. Gilbert & Prepare dinner Inc. lifted its place in Cisco Programs by 1.3% through the third quarter. Gilbert & Prepare dinner Inc. now owns 18,679 shares of the community gear supplier’s inventory valued at $833,000 after buying a further 231 shares over the past quarter. Spinnaker Belief lifted its place in Cisco Programs by 0.3% through the third quarter. Spinnaker Belief now owns 91,276 shares of the community gear supplier’s inventory valued at $3,651,000 after buying a further 233 shares over the past quarter. Lastly, SignalPoint Asset Administration LLC lifted its place in Cisco Programs by 1.9% through the third quarter. SignalPoint Asset Administration LLC now owns 12,685 shares of the community gear supplier’s inventory valued at $507,000 after buying a further 235 shares over the past quarter. 71.10% of the inventory is presently owned by institutional buyers.

Analyst Upgrades and Downgrades

A number of brokerages have issued studies on CSCO. Wells Fargo & Firm boosted their worth goal on shares of Cisco Programs from $52.00 to $57.00 and gave the inventory an “equal weight” score in a analysis report on Thursday, February sixteenth. Oppenheimer restated an “outperform” score and set a $50.00 worth goal on shares of Cisco Programs in a analysis report on Friday, November 18th. DZ Financial institution upgraded shares of Cisco Programs from a “maintain” score to a “purchase” score and set a $58.00 worth goal for the corporate in a analysis report on Friday, February seventeenth. TheStreet upgraded shares of Cisco Programs from a “c+” score to a “b-” score in a analysis report on Monday, November twenty eighth. Lastly, Goldman Sachs Group initiated protection on shares of Cisco Programs in a analysis report on Monday, March sixth. They set a “impartial” score for the corporate. One analyst has rated the inventory with a promote score, 9 have given a maintain score, twelve have assigned a purchase score and one has issued a powerful purchase score to the corporate’s inventory. Primarily based on information from MarketBeat.com, Cisco Programs presently has a median score of “Average Purchase” and a consensus worth goal of $56.38.

Cisco Programs inventory efficiency

NASDAQ CSCO opened at $50.12 on Friday. The agency’s fifty day transferring common worth is $48.56 and its 200 day transferring common worth is $46.29. The inventory has a market cap of $205.28 billion, a PE ratio of 18.36, a PEG ratio of two.26 and a beta of 1.00. Cisco Programs, Inc. has a low of $38.60 and a 52 week excessive of $56.94. The corporate has a debt ratio of 0.18, a fast ratio of 1.30 and a present ratio of 1.41.

Cisco Programs (NASDAQ:CSCO – Get Score ) final launched its earnings outcomes on Wednesday, February fifteenth. The networking gear supplier reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. The agency had income of $13.59 billion for the quarter, in comparison with analysts’ expectations of $13.41 billion. Cisco Programs had a internet margin of 21.26% and a return on fairness of 31.19%. The corporate’s turnover elevated by 6.9% on an annual foundation. In the identical quarter final yr, the corporate had earnings of $0.77 per share. On common, equities analysts anticipate that Cisco Programs, Inc. will put up 3.34 EPS for the present fiscal yr.

Cisco Programs Will increase Dividends

The corporate additionally not too long ago introduced a quarterly dividend, which will probably be paid on Wednesday, April twenty sixth. Stockholders of document on Wednesday, April fifth will probably be paid a dividend of $0.39 per share. This represents an annualized dividend of $1.56 and a yield of three.11%. The ex-dividend date is Tuesday, April 4. This can be a increase from Cisco Programs’ earlier quarterly dividend of $0.38. Cisco Programs’s payout proportion is presently 55.68%.

Insiders place their bets

In different information, SVP Prat Bhatt offered 608 shares of Cisco Programs inventory in a transaction on Tuesday, March 14th. The shares have been offered at a median worth of $48.74, for a complete transaction of $29,633.92. Following the transaction, the senior vice chairman now owns 50,162 shares within the firm, valued at $2,444,895.88. The sale was disclosed in a doc filed with the SEC, which is on the market by the SEC web site. In different information, EVP Deborah L. Stahlkopf offered 23,701 shares of Cisco Programs inventory in a transaction on Friday, February seventeenth. The shares have been offered at a median worth of $50.90, for a complete transaction of $1,206,380.90. Following the transaction, the chief vice chairman now owns 184,853 shares within the firm, valued at $9,409,017.70. The sale was disclosed in a doc filed with the SEC, which is on the market by the SEC web site. Additionally, SVP Prat Bhatt offered 608 shares of Cisco Programs inventory in a transaction on Tuesday, March 14th. The inventory was offered at a median worth of $48.74, for a complete transaction of $29,633.92. Following the transaction, the senior vice chairman now owns 50,162 shares within the firm, valued at roughly $2,444,895.88. The details about this sale might be discovered right here. Over the past quarter, insiders have offered 47,568 shares of firm inventory valued at $2,376,624. 0.02% of the inventory is presently owned by insiders.

Cisco Programs Profile

(Get score)

Cisco Programs, Inc. engages within the design, manufacture and sale of Web Protocol-based networking services and products associated to the communications and data know-how trade. The agency operates by the next geographic segments: Americas, EMEA and APJC. Its merchandise embody the next classes: Switches, Routers, Wi-fi, Community Administration Interfaces and Modules, Optical Networking, Entry Factors, Outside and Industrial Entry Factors, Subsequent Era Firewalls, Superior Malware Safety, VPN Safety Shoppers, E-mail and Net Safety.

Learn extra

Wish to see what different hedge funds maintain CSCO? For the most recent 13F filings and insider trades for Cisco Programs, Inc., go to HoldingsChannel.com. (NASDAQ:CSCO – Get Score).

This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat to supply readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial workers previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

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