Cisco Systems (CSCO) Shareholder First Fiduciary Investment Counsel Has Decreased Position; Hill Rom Hldgs Com (HRC) Position Held by Sawgrass Asset Management Llc

April 25, 2018 - By Michael Leger

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First Fiduciary Investment Counsel Inc decreased its stake in Cisco Systems (CSCO) by 5.95% based on its latest 2017Q4 regulatory filing with the SEC. First Fiduciary Investment Counsel Inc sold 41,840 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 661,240 shares of the technology company at the end of 2017Q4, valued at $25.33M, down from 703,080 at the end of the previous reported quarter. First Fiduciary Investment Counsel Inc who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $208.58 billion market cap company. The stock decreased 1.02% or $0.445 during the last trading session, reaching $43.295. About 10.44M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 25, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Sawgrass Asset Management Llc increased its stake in Hill Rom Hldgs Inc Com (HRC) by 45.21% based on its latest 2017Q4 regulatory filing with the SEC. Sawgrass Asset Management Llc bought 6,520 shares as the company’s stock declined 0.11% with the market. The institutional investor held 20,940 shares of the medical and dental instruments company at the end of 2017Q4, valued at $1.77M, up from 14,420 at the end of the previous reported quarter. Sawgrass Asset Management Llc who had been investing in Hill Rom Hldgs Inc Com for a number of months, seems to be bullish on the $5.68B market cap company. The stock decreased 0.02% or $0.02 during the last trading session, reaching $85.76. About 139,974 shares traded. Hill-Rom Holdings, Inc. (NYSE:HRC) has risen 21.27% since April 25, 2017 and is uptrending. It has outperformed by 9.72% the S&P500.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 EPS, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84 billion for 18.35 P/E if the $0.59 EPS becomes a reality. After $0.58 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 156 analyst reports since August 4, 2015 according to SRatingsIntel. On Monday, February 12 the stock rating was maintained by Cowen & Co with “Buy”. Jefferies maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Friday, May 26. Jefferies has “Buy” rating and $3700 target. BMO Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, February 14 with “Hold” rating. The rating was maintained by Credit Suisse on Thursday, August 18 with “Underperform”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Outperform” rating by Raymond James on Friday, September 23. The firm earned “Buy” rating on Thursday, June 29 by Robert W. Baird. The rating was maintained by Piper Jaffray on Tuesday, October 10 with “Buy”. On Thursday, February 16 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by KeyBanc Capital Markets on Thursday, November 16 with “Overweight”. The rating was maintained by Piper Jaffray on Wednesday, November 15 with “Buy”.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It increased, 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. Princeton Strategies Ltd Company reported 1.04% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Calamos Advsr Ltd Liability owns 868,628 shares. Patten has 62,529 shares for 0.95% of their portfolio. Edmp Inc owns 49,384 shares for 1.72% of their portfolio. Centurylink Management Com, a Colorado-based fund reported 93,090 shares. Moreover, Milestone Group Inc has 0.06% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Torray Limited Liability Corporation reported 518,723 shares or 1.96% of all its holdings. Wealthfront has invested 0.07% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Lvm Mngmt Mi accumulated 434,755 shares or 3.77% of the stock. Geode Cap Mgmt Llc owns 55.76 million shares or 0.72% of their US portfolio. Ironwood Investment Management Ltd Com invested in 0.4% or 14,752 shares. Carlson Cap stated it has 8,923 shares. Pacific Invest Management accumulated 126,641 shares or 1.05% of the stock. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.8% or 533,461 shares in its portfolio. Union Bancorporation holds 1.99% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 167,758 shares.

Since December 14, 2017, it had 0 insider buys, and 5 selling transactions for $10.28 million activity. Goeckeler David sold $940,559 worth of stock or 20,671 shares. MCGEARY RODERICK C had sold 15,230 shares worth $578,740. BURNS M MICHELE sold 12,126 shares worth $550,153. 200,000 shares valued at $7.59M were sold by BARTZ CAROL on Thursday, December 14.

Sawgrass Asset Management Llc, which manages about $3.30B and $2.18B US Long portfolio, decreased its stake in Dell Technologies Inc Com Cl V by 21,608 shares to 79,766 shares, valued at $6.48 million in 2017Q4, according to the filing. It also reduced its holding in Realpage Inc Com (NASDAQ:RP) by 7,520 shares in the quarter, leaving it with 8,800 shares, and cut its stake in Mks Instrument Inc Com (NASDAQ:MKSI).

Among 9 analysts covering Hill-Rom (NYSE:HRC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Hill-Rom had 29 analyst reports since September 23, 2015 according to SRatingsIntel. Stifel Nicolaus initiated it with “Buy” rating and $70 target in Tuesday, January 24 report. KeyBanc Capital Markets maintained Hill-Rom Holdings, Inc. (NYSE:HRC) on Wednesday, January 17 with “Buy” rating. On Friday, July 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Hill-Rom Holdings, Inc. (NYSE:HRC) has “Buy” rating given on Wednesday, December 16 by Northcoast. Goldman Sachs reinitiated the stock with “Neutral” rating in Wednesday, September 23 report. Stifel Nicolaus maintained Hill-Rom Holdings, Inc. (NYSE:HRC) on Friday, January 26 with “Buy” rating. The stock of Hill-Rom Holdings, Inc. (NYSE:HRC) has “Buy” rating given on Monday, November 6 by Stifel Nicolaus. The stock of Hill-Rom Holdings, Inc. (NYSE:HRC) has “Buy” rating given on Friday, July 28 by Needham. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, October 11. The stock of Hill-Rom Holdings, Inc. (NYSE:HRC) has “Buy” rating given on Sunday, November 26 by Stifel Nicolaus.

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

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