Factory Mutual Insurance Company Cut Its Cisco Sys (CSCO) Stake by $3.52 Million as Market Valuation Rose; Towerview Has Raised Position in Lands End New (LE) by $1.71 Million

May 21, 2018 - By Linda Rogers

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Factory Mutual Insurance Company decreased its stake in Cisco Sys Inc (CSCO) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Factory Mutual Insurance Company sold 92,700 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 3.02 million shares of the technology company at the end of 2017Q4, valued at $115.69 million, down from 3.11 million at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $210.26B market cap company. The stock increased 1.01% or $0.435 during the last trading session, reaching $43.645. About 8.68M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 21, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Towerview Llc increased its stake in Lands End Inc New (LE) by 44.98% based on its latest 2017Q4 regulatory filing with the SEC. Towerview Llc bought 89,979 shares as the company’s stock rose 17.09% while stock markets declined. The institutional investor held 290,000 shares of the consumer services company at the end of 2017Q4, valued at $5.67M, up from 200,021 at the end of the previous reported quarter. Towerview Llc who had been investing in Lands End Inc New for a number of months, seems to be bullish on the $641.03 million market cap company. The stock increased 0.50% or $0.1 during the last trading session, reaching $19.95. About 24,316 shares traded. Lands' End, Inc. (NASDAQ:LE) has risen 18.30% since May 21, 2017 and is uptrending. It has outperformed by 6.75% the S&P500.

More notable recent Lands' End, Inc. (NASDAQ:LE) news were published by: Bizjournals.com which released: “Lands’ End opening a new chain of brick-and-mortar outlets” on May 03, 2018, also Prnewswire.com with their article: “National Swimsuit Day is on May 22, 2018 – Are You Ready?” published on May 17, 2018, Prnewswire.com published: “Lands’ End Makes Forbes’ Best Midsize Employer List For Second Consecutive Year” on May 17, 2018. More interesting news about Lands' End, Inc. (NASDAQ:LE) were released by: Bizjournals.com and their article: “American Airlines new uniform project now officially on fast track” published on April 30, 2018 as well as Prnewswire.com‘s news article titled: “Lands’ End Offers Personalized Swimsuit Fittings at KiIdeer Store” with publication date: May 16, 2018.

Among 2 analysts covering Lands’ End (NASDAQ:LE), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Lands’ End had 2 analyst reports since September 26, 2016 according to SRatingsIntel. The stock of Lands' End, Inc. (NASDAQ:LE) earned “Neutral” rating by CL King on Monday, September 26.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 169 analyst reports since August 4, 2015 according to SRatingsIntel. Bernstein maintained the stock with “Buy” rating in Wednesday, June 21 report. The firm has “Buy” rating given on Tuesday, August 15 by Drexel Hamilton. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 15. RBC Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Wednesday, September 6. RBC Capital Markets has “Buy” rating and $36.0 target. The stock has “Hold” rating by Jefferies on Thursday, August 13. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Oppenheimer on Friday, August 4. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Jefferies on Friday, October 6. As per Monday, October 31, the company rating was downgraded by OTR Global. The company was upgraded on Wednesday, April 6 by JP Morgan. The rating was downgraded by Macquarie Research on Tuesday, August 4 to “Underperform”.

Factory Mutual Insurance Company, which manages about $9.56B US Long portfolio, upped its stake in 3M Co (NYSE:MMM) by 11,000 shares to 52,400 shares, valued at $12.33 million in 2017Q4, according to the filing. It also increased its holding in Intuitive Surgical Inc (NASDAQ:ISRG) by 26,000 shares in the quarter, for a total of 39,000 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: 247Wallst.com which released: “Cisco Systems Remains Top-Performing Dow Stock” on May 12, 2018, also Globenewswire.com with their article: “Cisco Reports Third Quarter Earnings” published on May 16, 2018, 247Wallst.com published: “Cisco Still Holds Rank as Top Performing Dow Stock” on May 05, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Globenewswire.com and their article: “Cisco Announces May 2018 Event with the Financial Community” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “Cisco Systems: Should We Be Worried?” with publication date: May 21, 2018.

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. Buckingham Cap owns 57,999 shares. Peregrine Asset Advisers Inc holds 6,425 shares. Ibm Retirement Fund holds 0.92% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 129,168 shares. Palladium Prtn Lc accumulated 1.24% or 448,858 shares. Brown Advisory Inc reported 0.18% in Cisco Systems, Inc. (NASDAQ:CSCO). Keybank National Association Oh holds 0.56% or 2.56M shares. Torch Wealth Ltd Liability has 0.21% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 8,949 shares. Royal Retail Bank Of Scotland Grp Incorporated Plc reported 0.52% in Cisco Systems, Inc. (NASDAQ:CSCO). Park Avenue Secs Llc holds 0.13% or 13,269 shares. Loudon Mgmt Ltd Liability Corporation holds 152,829 shares or 4.43% of its portfolio. Davis R M, Maine-based fund reported 19,287 shares. The Washington-based Washington Trust Comml Bank has invested 1.33% in Cisco Systems, Inc. (NASDAQ:CSCO). Grimes And Com invested in 338,608 shares. Riverbridge Partners Limited holds 589,364 shares. Edgemoor Investment Inc holds 0.04% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 6,848 shares.

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

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