As Abb LTD (ABB) Stock Value Rose, Diversified Investment Strategies Trimmed Its Position; Menora Mivtachim Holdings LTD Decreased Its Cisco Sys (CSCO) Stake by $54.35 Million as Share Price Declined

February 15, 2018 - By Stephen Andrade

Diversified Investment Strategies Llc decreased its stake in Abb Ltd (ABB) by 93.35% based on its latest 2017Q3 regulatory filing with the SEC. Diversified Investment Strategies Llc sold 137,200 shares as the company’s stock rose 9.90% with the market. The institutional investor held 9,775 shares of the electrical products company at the end of 2017Q3, valued at $242,000, down from 146,975 at the end of the previous reported quarter. Diversified Investment Strategies Llc who had been investing in Abb Ltd for a number of months, seems to be less bullish one the $51.67B market cap company. The stock increased 2.21% or $0.55 during the last trading session, reaching $25.42. About 1.44 million shares traded. ABB Ltd (NYSE:ABB) has risen 23.97% since February 15, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Menora Mivtachim Holdings Ltd decreased its stake in Cisco Sys Inc (CSCO) by 77.97% based on its latest 2017Q3 regulatory filing with the SEC. Menora Mivtachim Holdings Ltd sold 1.65 million shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 465,350 shares of the technology company at the end of 2017Q3, valued at $15.65M, down from 2.11 million at the end of the previous reported quarter. Menora Mivtachim Holdings Ltd who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $217.15B market cap company. The stock increased 4.36% or $1.835 during the last trading session, reaching $43.925. About 50.01 million shares traded or 94.88% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 15, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 earnings per share, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62B for 20.72 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative 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 142 analyst reports since August 4, 2015 according to SRatingsIntel. Wunderlich maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, August 18. Wunderlich has “Hold” rating and $27 target. The stock has “Underperform” rating by Credit Suisse on Thursday, May 19. Bank of America upgraded Cisco Systems, Inc. (NASDAQ:CSCO) rating on Friday, January 5. Bank of America has “Buy” rating and $46.0 target. Pacific Crest maintained the shares of CSCO in report on Thursday, August 18 with “Overweight” rating. The firm has “Buy” rating given on Friday, August 19 by Argus Research. The company was downgraded on Tuesday, April 5 by Bank of America. Barclays Capital maintained the stock with “Overweight” rating in Thursday, May 19 report. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, September 6. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Overweight” rating by Pacific Crest on Wednesday, January 13.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. The insider Walker Karen sold $740,883. Another trade for 121,390 shares valued at $3.89M was sold by Robbins Charles. The insider MCGEARY RODERICK C sold $578,740. BHATT PRAT sold 25,638 shares worth $821,900. $7.59M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by BARTZ CAROL on Thursday, December 14. CHANDLER MARK D had sold 65,000 shares worth $2.11M on Monday, September 18.

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. West Family owns 120,000 shares for 0.49% of their portfolio. Narwhal Capital Mngmt reported 158,270 shares. Perritt Capital Inc has invested 0.08% in Cisco Systems, Inc. (NASDAQ:CSCO). Holderness Co invested in 66,996 shares or 1.17% of the stock. Bank Of New York Mellon holds 1.01% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 109.03 million shares. Country Trust Bancorp reported 1.24M shares or 1.89% of all its holdings. Millennium Mngmt Ltd Limited Liability Company holds 0.01% or 138,190 shares in its portfolio. Fdx has 380,759 shares. Jupiter Asset Ltd holds 9.83% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 8.58 million shares. Bar Harbor accumulated 191,861 shares. Evanson Asset Mgmt Lc holds 0.84% or 117,093 shares. Marshwinds Advisory owns 110,072 shares or 1.72% of their US portfolio. First Quadrant Lp Ca stated it has 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO). Gemmer Asset Mngmt Ltd Company reported 5,268 shares. Flippin Bruce & Porter has 373,883 shares.

Menora Mivtachim Holdings Ltd, which manages about $2.46B US Long portfolio, upped its stake in Eog Res Inc (NYSE:EOG) by 4,095 shares to 337,595 shares, valued at $32.66 million in 2017Q3, according to the filing. It also increased its holding in Mellanox Technologies Ltd (NASDAQ:MLNX) by 487,000 shares in the quarter, for a total of 1.83 million shares, and has risen its stake in Ingersoll (NYSE:IR).

Diversified Investment Strategies Llc, which manages about $103.53 million US Long portfolio, upped its stake in Dicks Sporting Goods Inc (NYSE:DKS) by 45,350 shares to 122,625 shares, valued at $3.31 million in 2017Q3, according to the filing.

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