British Airways Pensions Expense Administration Ltd Has $20.74 Million Holdings in Cisco Programs, Inc. (CSCO)

British Airways Pensions Expense Administration Ltd Has $20.74 Million Holdings in Cisco Programs, Inc. (CSCO)




British Airways Pensions Expense Administration Ltd lifted its stake in shares of Cisco Programs, Inc. (NASDAQ:CSCO) by .eight% throughout the 2nd quarter, according to the company in its most current filing with the Securities and Exchange Commission (SEC). The fund owned 482,039 shares of the community devices provider’s inventory just after obtaining an more 3,943 shares throughout the time period. Cisco Programs accounts for about .eight% of British Airways Pensions Expense Administration Ltd’s portfolio, making the inventory its 28th major keeping. British Airways Pensions Expense Administration Ltd’s holdings in Cisco Programs were truly worth $20,742,000 as of its most current filing with the Securities and Exchange Commission (SEC).

Quite a few other institutional investors also not long ago modified their holdings of the company. BlackRock Inc. grew its stake in shares of Cisco Programs by 1.1% throughout the initially quarter. BlackRock Inc. now owns 339,004,547 shares of the community devices provider’s inventory truly worth $14,539,904,000 just after obtaining an more 3,630,488 shares in the past quarter. Boston Companions grew its stake in shares of Cisco Programs by 1.5% throughout the 2nd quarter. Boston Companions now owns 34,447,604 shares of the community devices provider’s inventory truly worth $1,482,280,000 just after obtaining an more 499,099 shares in the past quarter. Fisher Asset Administration LLC grew its stake in shares of Cisco Programs by 3.eight% throughout the 2nd quarter. Fisher Asset Administration LLC now owns seventeen,969,867 shares of the community devices provider’s inventory truly worth $773,243,000 just after obtaining an more 662,706 shares in the past quarter. Swiss National Bank grew its stake in shares of Cisco Programs by .4% throughout the 2nd quarter. Swiss National Bank now owns sixteen,274,993 shares of the community devices provider’s inventory truly worth $seven-hundred,313,000 just after obtaining an more 69,four hundred shares in the past quarter. Last but not least, Sumitomo Mitsui Have confidence in Holdings Inc. grew its stake in shares of Cisco Programs by 4.7% throughout the 2nd quarter. Sumitomo Mitsui Have confidence in Holdings Inc. now owns 15,279,774 shares of the community devices provider’s inventory truly worth $657,489,000 just after obtaining an more 683,733 shares in the past quarter. Institutional investors and hedge money possess 69.fifty two% of the company’s inventory.

A range of equities analysts not long ago commented on CSCO shares. BidaskClub upgraded shares of Cisco Programs from a “hold” score to a “buy” score in a investigation observe on Friday, August 10th. Goldman Sachs Group reiterated a “buy” score and established a $56.00 focus on cost on shares of Cisco Programs in a investigation observe on Thursday, August sixteenth. BMO Funds Marketplaces upped their cost objective on shares of Cisco Programs from $43.00 to $48.00 and gave the company a “market perform” score in a investigation observe on Thursday, August sixteenth. William Blair restated an “outperform” score on shares of Cisco Programs in a investigation observe on Thursday, August sixteenth. Last but not least, Cowen upped their cost objective on shares of Cisco Programs from $fifty one.00 to $fifty eight.00 and gave the company an “outperform” score in a investigation observe on Thursday, August sixteenth. Seven investment analysts have rated the inventory with a keep score, twenty-4 have issued a acquire score and 1 has issued a robust acquire score to the inventory. The inventory currently has a consensus score of “Buy” and a consensus cost focus on of $50.26.

In linked news, SVP Prat Bhatt offered 33,950 shares of the firm’s inventory in a transaction that occurred on Friday, November twenty third. The shares were offered at an typical cost of $44.86, for a total transaction of $1,522,997.00. Subsequent the sale, the senior vice president now owns 90,207 shares in the company, valued at $4,046,686.02. The sale was disclosed in a doc submitted with the SEC, which can be accessed as a result of this hyperlink. Also, CFO Kelly A. Kramer offered 70,000 shares of the firm’s inventory in a transaction that occurred on Thursday, September thirteenth. The inventory was offered at an typical cost of $forty seven.20, for a total transaction of $3,304,000.00. Subsequent the sale, the main economical officer now owns 720,930 shares in the company, valued at about $34,027,896. The disclosure for this sale can be discovered in this article. Insiders offered 558,943 shares of company inventory truly worth $26,362,383 about the past quarter. Corporation insiders possess .03% of the company’s inventory.

Shares of Cisco Programs inventory opened at $forty seven.35 on Thursday. Cisco Programs, Inc. has a 12-month low of $37.seventeen and a 12-month higher of $49.forty seven. The company has a financial debt-to-equity ratio of .forty two, a latest ratio of two.11 and a swift ratio of two.05. The inventory has a current market capitalization of $228.11 billion, a cost-to-earnings ratio of eighteen.86, a P/E/G ratio of two.seventy seven and a beta of 1.15.

Cisco Programs (NASDAQ:CSCO) past issued its earnings results on Wednesday, November 14th. The community devices company noted $.seventy five earnings for every share (EPS) for the quarter, beating the Zacks’ consensus estimate of $.72 by $.03. The company had revenue of $thirteen.07 billion throughout the quarter, as opposed to analysts’ anticipations of $12.86 billion. Cisco Programs had a net margin of two.fifty two% and a return on equity of twenty five.fifty eight%. The firm’s quarterly revenue was up 7.7% as opposed to the identical quarter past calendar year. In the course of the identical time period past calendar year, the company posted $.sixty one earnings for every share. As a group, market-aspect analysts predict that Cisco Programs, Inc. will submit two.7 earnings for every share for the latest calendar year.

The firm also not long ago declared a quarterly dividend, which will be paid out on Wednesday, January twenty third. Stockholders of file on Friday, January 4th will be provided a $.33 dividend. This represents a $1.32 annualized dividend and a dividend produce of two.79%. Cisco Systems’s dividend payout ratio is presently 56.forty one%.

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Cisco Programs Profile

Cisco Programs, Inc models, manufactures, and sells Online Protocol based networking and other merchandise linked to the communications and details technologies industry around the globe. The company offers switching merchandise routing merchandise that interconnect community and personal wireline and cell networks facts center merchandise and wireless access details for use in voice, movie, and facts apps.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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