Cisco beats on revenue and earnings but investors were not impressed

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The short ratio in the company's stock is documented at 1.96 and the short float is around of 1.03%. The investment professionals in our database now hold: 11.18 million shares, up from 11.04 million shares in 2017Q3. The titles are as follows: "Walmart, Cisco, Macy's and More Major Earnings Coming This Week" announced on May 13, 2018, "Cisco Systems Remains Top-Performing Dow Stock" on May 12, 2018, "Cisco Systems Remains Top-Performing Dow Stock in 2018" with a publish date: April 28, 2018, "Cisco Completes Acquisition of Accompany" and the last "Research Report Identifies Cisco, Denbury Resources, EMCOR Group, Control4, Yext, and Liberty TripAdvisor with ..." with publication date: May 15, 2018. Cisco Systems has a 52-week low of $45.14 and a 52-week high of $45.54. Following the sale, the director now owns 74,479 shares of the company's stock, valued at $3,379,112.23. $219.10B is the market cap of Cisco Sys Inc. Corporate insiders own 0.05% of the company's stock. About 22.16M shares traded.

The Goldfield Corporation provides electrical construction services primarily to electric utilities and industrial clients in Southeast and mid-Atlantic regions of the United States and Texas. The stock had a trading volume of 31,198,456 shares, compared to its average volume of 27,168,168. It is involved in the construction and maintenance of energy infrastructure systems for the power utility industry; and provision of electrical contracting services. Some companies have moved up, others finished with losses.

It closed at $4.35 lastly. Noah Holdings Limited (NYSE:NOAH) has risen 88.63% since May 16, 2017 and is uptrending. The Michigan-based fund Managed Asset Portfolios Llc holds 544,922 shares or 6.61% of their equity exposure. Insiders sold 46,986 shares of company stock worth $2,116,422 over the last ninety days. Moreover, Zpr Investment Management has 0.4% invested in the company for 57,213 shares. The relative volume of the stock is 0.95. Ancora Advisors Llc, a Us-based fund reported 159,180 shares. Since November 17, 2017 according to StockzIntelligence Inc Cisco Systems has 32 analyst reports. (NASDAQ:CSCO) shs with value of $578,740 were sold by MCGEARY RODERICK C. $625,751 worth of Cisco Systems, Inc. Bank of New York Mellon Corp grew its holdings in shares of Cisco Systems by 12.8% in the fourth quarter. JPMorgan Chase assumed coverage on Cisco Systems in a research report on Thursday, May 3rd. On Friday, March 23 the rating was upgraded by Goldman Sachs to "Buy". (NASDAQ:CSCO) has "Outperform" rating given on Friday, February 12 by Oppenheimer. The stock has "Hold" rating by J.P. Morgan on Wednesday, June 21. The company has an average rating of "Buy" and a consensus price target of $44.26.

Several equities research analysts have recently commented on CSCO shares. The rating was maintained by Cowen & Co with "Buy" on Monday, May 14. On Monday, May 14 the company was maintained by GBH Insights. The firm has "Buy" rating by Drexel Hamilton given on Thursday, August 18. The firm has "Buy" rating given on Thursday, February 15 by Bank of America. Profit Invest Mngmt Llc invested in 1.16% or 39,729 shs.

EPS Estimate for the next Quarter is 0.65. 51 Investors Sold All; 660 Reduced Holdings; 589 increased holdings while 145 funds bought holdings. Colonial Trust Advsr reported 169,236 shares or 1% of all its holdings. (NASDAQ:CSCO). Wetherby Asset reported 110,892 shares. Chilton Cap Mngmt Ltd Co owns 6,726 shares or 0.02% of their USA portfolio. Kings Point Capital Mgmt holds 29,452 shs or 0.24% of its capital. 136,900 are held by Numeric. Dubuque Savings Bank And Tru has invested 2.19% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Puzo Michael J has 0.19% invested in Cisco Systems, Inc. BlackRock Inc. boosted its stake in Cisco Systems by 1.1% in the first quarter.

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