As General Electric Co (GE) Stock Price Declined, Holder Sand Hill Global Advisors Cut Its Holding; Cisco Sys (CSCO) Share Value Declined While Wespac Advisors Has Lowered Holding by $2.09 Million

January 18, 2018 - By Clifton Ray

Sand Hill Global Advisors Llc decreased its stake in General Electric Co (GE) by 82.45% based on its latest 2017Q3 regulatory filing with the SEC. Sand Hill Global Advisors Llc sold 150,810 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 32,094 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $776,000, down from 182,904 at the end of the previous reported quarter. Sand Hill Global Advisors Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $147.04B market cap company. The stock decreased 2.27% or $0.3947 during the last trading session, reaching $16.9553. About 95.76M shares traded or 10.67% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 18, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Wespac Advisors Llc decreased its stake in Cisco Sys Inc (CSCO) by 90.53% based on its latest 2017Q3 regulatory filing with the SEC. Wespac Advisors Llc sold 63,221 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 6,614 shares of the technology company at the end of 2017Q3, valued at $222,000, down from 69,835 at the end of the previous reported quarter. Wespac Advisors Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $204.05 billion market cap company. The stock increased 0.18% or $0.075 during the last trading session, reaching $41.275. About 8.58 million shares traded. 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.

Since August 23, 2017, it had 0 buys, and 7 sales for $23.51 million activity. Shares for $7.59M were sold by BARTZ CAROL on Thursday, December 14. On Monday, September 11 BHATT PRAT sold $821,900 worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 25,638 shares. Robbins Charles sold $3.89M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11. Walker Karen had sold 23,110 shares worth $740,883 on Monday, September 11. $2.11 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D on Monday, September 18. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It fall, 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. Hennessy Inc has 331,560 shares for 0.35% of their portfolio. 1.64M are held by Ferguson Wellman Capital Mngmt Inc. Groesbeck Inv Mngmt Corp Nj reported 138,897 shares stake. Loews Corporation holds 0.12% in Cisco Systems, Inc. (NASDAQ:CSCO) or 550,000 shares. Bowling Port Limited Liability Corporation reported 31,669 shares or 0.16% of all its holdings. First Citizens National Bank Trust invested 1.22% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Tributary Capital Llc has invested 0.07% in Cisco Systems, Inc. (NASDAQ:CSCO). Callahan Ltd accumulated 1.67% or 235,906 shares. Lathrop Investment Mgmt has 402,429 shares. General Invsts Incorporated holds 790,000 shares. 1St Source Commercial Bank owns 144,608 shares for 0.4% of their portfolio. Bailard reported 248,632 shares or 0.64% of all its holdings. Lowe Brockenbrough And Com has 346,913 shares. Amica Mutual Insur holds 1.12% or 371,505 shares in its portfolio. Ledyard Natl Bank accumulated 375,247 shares.

Wespac Advisors Llc, which manages about $705.49 million and $151.59 million US Long portfolio, upped its stake in Vanguard Scottsdale Fds (VCIT) by 3,654 shares to 14,079 shares, valued at $1.24M in 2017Q3, according to the filing. It also increased its holding in First Tr Exchange (FPE) by 46,988 shares in the quarter, for a total of 190,080 shares, and has risen its stake in Berkshire Hathaway Inc Del (BRKB).

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 65% are positive. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. UBS maintained the stock with “Buy” rating in Thursday, June 16 report. The firm has “Underperform” rating by Credit Suisse given on Thursday, August 18. The company was maintained on Thursday, August 18 by Deutsche Bank. On Wednesday, June 21 the stock rating was upgraded by Oppenheimer to “Buy”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Outperform” rating given on Friday, February 12 by Oppenheimer. RBC Capital Markets maintained it with “Buy” rating and $36.0 target in Wednesday, September 6 report. J.P. Morgan maintained the stock with “Hold” rating in Wednesday, June 21 report. The firm has “Buy” rating by Oppenheimer given on Wednesday, June 14. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, November 15 report. Drexel Hamilton maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Friday, June 23. Drexel Hamilton has “Buy” rating and $3900 target.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 EPS, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62B for 19.47 P/E if the $0.53 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.29 earnings per share, down 36.96% or $0.17 from last year’s $0.46 per share. GE’s profit will be $2.51B for 14.62 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 27 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 12 Hold. Therefore 37% are positive. General Electric Company had 82 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Oppenheimer on Monday, June 12. As per Tuesday, October 24, the company rating was downgraded by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by RBC Capital Markets on Friday, September 15. The company was downgraded on Wednesday, April 26 by Bank of America. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Vetr on Tuesday, September 22. The firm has “Buy” rating given on Monday, October 23 by RBC Capital Markets. The firm earned “Equal-Weight” rating on Monday, October 2 by Morgan Stanley. On Thursday, January 21 the stock rating was initiated by Citigroup with “Buy”. The firm has “Underperform” rating given on Tuesday, October 24 by Oppenheimer. The firm earned “Market Perform” rating on Monday, April 4 by Bernstein.

Since August 8, 2017, it had 2 insider buys, and 1 insider sale for $4.48 million activity. Another trade for 103,983 shares valued at $2.66M was bought by Flannery John Leonard. The insider TISCH JAMES S bought $2.46M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: