58.com (NYSE:WUBA) Downgraded by ValuEngine to “Hold”

Finally, Man Group plc boosted its holdings in 58.com by 388.2% in the second quarter. Man Group plc now owns 758,404 shares of the information …

58.com logo58.com (NYSE:WUBA) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, August 12th, ValuEngine reports.

A number of other research analysts also recently commented on WUBA. Jefferies Financial Group began coverage on 58.com in a research report on Monday, August 5th. They set a “buy” rating and a $66.40 target price for the company. Zacks Investment Research downgraded 58.com from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, Credit Suisse Group downgraded 58.com from an “outperform” rating to a “neutral” rating and set a $57.23 price target for the company. in a research report on Tuesday, July 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. 58.com has an average rating of “Hold” and an average price target of $62.93.

WUBA stock opened at $54.82 on Monday. 58.com has a 1-year low of $49.93 and a 1-year high of $77.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 0.94 and a beta of 1.62. The business has a 50 day simple moving average of $56.83 and a two-hundred day simple moving average of $62.67.

58.com (NYSE:WUBA) last posted its quarterly earnings results on Tuesday, May 28th. The information services provider reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.12. The business had revenue of $438.30 million during the quarter, compared to the consensus estimate of $434.43 million. 58.com had a return on equity of 11.48% and a net margin of 18.44%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. Sell-side analysts anticipate that 58.com will post 2.54 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Hillhouse Capital Advisors LTD. purchased a new position in 58.com in the second quarter valued at about $146,767,000. Price T Rowe Associates Inc. MD boosted its holdings in 58.com by 40.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 7,487,953 shares of the information services provider’s stock worth $465,526,000 after acquiring an additional 2,173,736 shares in the last quarter. Investec Asset Management LTD boosted its holdings in 58.com by 57.1% in the first quarter. Investec Asset Management LTD now owns 2,696,505 shares of the information services provider’s stock worth $177,106,000 after acquiring an additional 979,705 shares in the last quarter. Marshall Wace LLP boosted its holdings in 58.com by 407.1% in the first quarter. Marshall Wace LLP now owns 870,838 shares of the information services provider’s stock worth $57,197,000 after acquiring an additional 699,099 shares in the last quarter. Finally, Man Group plc boosted its holdings in 58.com by 388.2% in the second quarter. Man Group plc now owns 758,404 shares of the information services provider’s stock worth $47,150,000 after acquiring an additional 603,045 shares in the last quarter. Hedge funds and other institutional investors own 56.26% of the company’s stock.

58.com Company Profile

58.com Inc operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the People’s Republic of China. It operates multi-content category online classified platforms primarily under the 58 and Ganji names; Anjuke, an online real estate listing platform; ChinaHR, an online recruitment platform that focuses on white collar jobs; and Jia Xiao Yi Dian Tong, an online platform for driver’s license examination preparation and other related services.

Recommended Story: Does a trade war provide a risk to the global economy?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for 58.com (NYSE:WUBA)

Receive News & Ratings for 58.com Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for 58.com and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

58.com (NYSE:WUBA) Downgraded by ValuEngine

Finally, Man Group plc lifted its holdings in shares of 58.com by 388.2% during the second quarter. Man Group plc now owns 758,404 shares of the …

58.com logo58.com (NYSE:WUBA) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report issued on Monday, August 12th, ValuEngine reports.

WUBA has been the subject of a number of other reports. Credit Suisse Group downgraded 58.com from an “outperform” rating to a “neutral” rating and set a $57.23 price target for the company. in a research report on Tuesday, July 16th. Zacks Investment Research lowered 58.com from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Finally, Jefferies Financial Group began coverage on 58.com in a research note on Monday, August 5th. They set a “buy” rating and a $66.40 price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $62.93.

WUBA stock opened at $54.82 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.29. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 0.94 and a beta of 1.62. 58.com has a 1-year low of $49.93 and a 1-year high of $77.60. The business has a 50 day simple moving average of $56.83 and a two-hundred day simple moving average of $62.67.

58.com (NYSE:WUBA) last posted its earnings results on Tuesday, May 28th. The information services provider reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.12. The firm had revenue of $438.30 million during the quarter, compared to the consensus estimate of $434.43 million. 58.com had a return on equity of 11.48% and a net margin of 18.44%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 EPS. Sell-side analysts anticipate that 58.com will post 2.54 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in WUBA. Hillhouse Capital Advisors LTD. acquired a new stake in shares of 58.com during the second quarter worth about $146,767,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of 58.com by 40.9% during the second quarter. Price T Rowe Associates Inc. MD now owns 7,487,953 shares of the information services provider’s stock worth $465,526,000 after purchasing an additional 2,173,736 shares during the period. Investec Asset Management LTD lifted its holdings in shares of 58.com by 57.1% during the first quarter. Investec Asset Management LTD now owns 2,696,505 shares of the information services provider’s stock worth $177,106,000 after purchasing an additional 979,705 shares during the period. Marshall Wace LLP lifted its holdings in shares of 58.com by 407.1% during the first quarter. Marshall Wace LLP now owns 870,838 shares of the information services provider’s stock worth $57,197,000 after purchasing an additional 699,099 shares during the period. Finally, Man Group plc lifted its holdings in shares of 58.com by 388.2% during the second quarter. Man Group plc now owns 758,404 shares of the information services provider’s stock worth $47,150,000 after purchasing an additional 603,045 shares during the period. 56.26% of the stock is owned by hedge funds and other institutional investors.

58.com Company Profile

58.com Inc operates various multi-category online classifieds platforms and vertical listing platforms that enable local businesses and consumers to connect, share information, and conduct business in the People’s Republic of China. It operates multi-content category online classified platforms primarily under the 58 and Ganji names; Anjuke, an online real estate listing platform; ChinaHR, an online recruitment platform that focuses on white collar jobs; and Jia Xiao Yi Dian Tong, an online platform for driver’s license examination preparation and other related services.

Featured Article: What is Considered a Good Return on Equity (ROE)?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for 58.com (NYSE:WUBA)

Receive News & Ratings for 58.com Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for 58.com and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Shelter Mutual Insurance Co Stake in 3M Company (MMM) Has Trimmed as Share Value Declined …

Shelter Mutual Insurance Co decreased its stake in 3M Company (MMM) by 17.46% based on its latest 2019Q1 regulatory filing with the SEC. Shelter …

Microsoft Corporation (NASDAQ:MSFT) Logo

Shelter Mutual Insurance Co decreased its stake in 3M Company (MMM) by 17.46% based on its latest 2019Q1 regulatory filing with the SEC. Shelter Mutual Insurance Co sold 6,400 shares as the company’s stock declined 6.10% . The institutional investor held 30,260 shares of the medical and dental instruments company at the end of 2019Q1, valued at $6.29 million, down from 36,660 at the end of the previous reported quarter. Shelter Mutual Insurance Co who had been investing in 3M Company for a number of months, seems to be less bullish one the $94.50 billion market cap company. The stock decreased 0.27% or $0.45 during the last trading session, reaching $164.26. About 506,645 shares traded. 3M Company (NYSE:MMM) has declined 14.82% since August 6, 2018 and is downtrending. It has underperformed by 14.82% the S&P500. Some Historical MMM News: 20/03/2018 – Rise of Big Data, Need for Energy Efficiency Drives Transformative Innovation in Data Center Industry; 24/05/2018 – Malaysia 3M Interbank Yield at 3.70% by End-2Q18 (Survey); 21/05/2018 – 3M FORMS SUSTAINABILITY-PRODUCT STEWARDSHIP ORGANIZATION; 21/05/2018 – 3M SEES SOLID ECONOMY TO AID COMPANY: COO MIKE ROMAN; 24/04/2018 – 3M sinks 8%, eyes biggest drop since 2006; 08/05/2018 – 3M Board Declares Quarterly Dividend; 11/04/2018 – The Sky’s the Limit in 3M Disruptive Design Challenge; 21/05/2018 – 3M INCOMING CEO ROMAN SPEAKS AT ELECTRICAL PRODUCTS GROUP CONF; 23/05/2018 – OROCOBRE UPS CAUCHARI RESOURCE EST. TO 3M TONS LITHUM CARBONATE; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform

Trust Company Of Virginia decreased its stake in Microsoft Corp (MSFT) by 3.03% based on its latest 2019Q1 regulatory filing with the SEC. Trust Company Of Virginia sold 6,112 shares as the company’s stock rose 6.56% . The institutional investor held 195,526 shares of the prepackaged software company at the end of 2019Q1, valued at $23.06M, down from 201,638 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $ market cap company. The stock increased 2.30% or $3.04 during the last trading session, reaching $135.25. About 6.70 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 29.33% since August 6, 2018 and is uptrending. It has outperformed by 29.33% the S&P500. Some Historical MSFT News: 07/05/2018 – Microsoft counts China as its second largest revenue stream, behind only the U.S., according to FactSet estimates; 06/03/2018 – Social media firms are like irresponsible landlords -UK counter-terrorism police head; 17/05/2018 – Microsoft Favored by 39 Hedge Funds, 13Fs Show; 26/04/2018 – MICROSOFT EXPECTS 4Q CLOUD GROSS MARGIN FLAT COMPARED TO 3Q; 01/05/2018 – Former Microsoft CEO Steve Ballmer says he has sold all his Twitter shares; 27/03/2018 – Green House Data Introduces Managed Azure Cloud Services; 16/05/2018 – Tech Report: Rumor: Microsoft is raring to release a low-cost Surface tablet; 10/04/2018 – PROS Announces Participation in Hannover Messe; 10/03/2018 – Former Microsoft CFO Chris Liddell could be Trump’s next top economic adviser; 23/05/2018 – Eyecarrot Announces Shipment of its First 50 Binovi Touch Saccadic Fixator Units

Analysts await 3M Company (NYSE:MMM) to report earnings on October, 22. They expect $2.59 EPS, up 0.39% or $0.01 from last year’s $2.58 per share. MMM’s profit will be $1.49B for 15.86 P/E if the $2.59 EPS becomes a reality. After $2.20 actual EPS reported by 3M Company for the previous quarter, Wall Street now forecasts 17.73% EPS growth.

Investors sentiment increased to 0.98 in 2019 Q1. Its up 0.18, from 0.8 in 2018Q4. It increased, as 55 investors sold MMM shares while 546 reduced holdings. 135 funds opened positions while 452 raised stakes. 375.82 million shares or 5.73% less from 398.67 million shares in 2018Q4 were reported. Capstone Inv Advisors Limited Com has invested 0.01% of its portfolio in 3M Company (NYSE:MMM). Canada Pension Plan Invest Board owns 0.13% invested in 3M Company (NYSE:MMM) for 325,748 shares. Mathes Co Inc invested in 1.36% or 12,893 shares. 2,000 were reported by Cooke And Bieler L P. Hite Hedge Asset Management Limited Liability Corp has 1,280 shares for 0.04% of their portfolio. Peregrine Asset Advisers Inc invested 0.13% in 3M Company (NYSE:MMM). 921 were reported by First Fin In. Psagot House holds 0% in 3M Company (NYSE:MMM) or 550 shares. Granite Invest Prtnrs Ltd Company has 0.17% invested in 3M Company (NYSE:MMM). Modera Wealth Mngmt Limited Liability holds 13,821 shares. 23,161 were reported by Keating Counselors Inc. Horan Capital Advisors Lc stated it has 550 shares or 0.07% of all its holdings. Wellington Shields Management Llc stated it has 10,567 shares or 0.37% of all its holdings. Vigilant Capital Mngmt accumulated 3,628 shares. Autus Asset Management Limited holds 0.38% or 11,067 shares in its portfolio.

Since February 7, 2019, it had 1 buying transaction, and 2 sales for $4.91 million activity. Another trade for 4,681 shares valued at $942,450 was made by Gangestad Nicholas C on Thursday, February 7. PAGE GREGORY R had bought 1,000 shares worth $176,260. Vrohidis Ippocratis sold 8,153 shares worth $1.63 million. 9,410 shares valued at $1.87M were sold by Keel Paul A on Friday, February 8. 3,123 shares were sold by Bushman Julie L, worth $624,295. Shares for $3.22M were sold by Bauman James L on Monday, February 11.

More notable recent 3M Company (NYSE:MMM) news were published by: Investorplace.com which released: “Ahead of Next Week’s Earnings, Should Investors Buy 3M Stock Into Weakness? – Investorplace.com” on July 19, 2019, also Investorplace.com with their article: “Why 3M Stock Is Untouchable – Investorplace.com” published on July 22, 2019, Globenewswire.com published: “SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CAH, CARB, MMM, VNTR INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits – GlobeNewswire” on August 06, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Globenewswire.com and their article: “Bragar Eagel & Squire, PC Announces That a Class Action Lawsuit Has Been Filed Against 3M Company (NYSE: MMM) and Encourages 3M Investors to Contact the Firm – GlobeNewswire” published on July 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “3M (MMM) Dips More Than Broader Markets: What You Should Know – Yahoo Finance” with publication date: July 08, 2019.

Investors sentiment decreased to 0.91 in Q1 2019. Its down 0.03, from 0.94 in 2018Q4. It worsened, as 64 investors sold MSFT shares while 922 reduced holdings. 159 funds opened positions while 742 raised stakes. 5.41 billion shares or 1.21% less from 5.48 billion shares in 2018Q4 were reported. South State Corp owns 286,895 shares. Freestone Cap Llc accumulated 1.08% or 154,979 shares. Indiana Trust & holds 0.96% or 15,779 shares in its portfolio. Schafer Cullen Cap Mgmt owns 1.17 million shares. Lockheed Martin Invest Management accumulated 15,030 shares. Payden Rygel holds 2.98% or 346,100 shares. Moreover, Bainco has 3.83% invested in Microsoft Corporation (NASDAQ:MSFT). Planning Alternatives Ltd Adv holds 9,676 shares. Lombard Odier Asset (Usa) Corp has 0.24% invested in Microsoft Corporation (NASDAQ:MSFT). Van Hulzen Asset Management Ltd Liability Company reported 27,763 shares. Condor accumulated 0.97% or 50,443 shares. Murphy invested in 87,163 shares or 1.57% of the stock. Wright Invsts Ser holds 5.06% in Microsoft Corporation (NASDAQ:MSFT) or 106,234 shares. Westend Advsr Ltd Llc holds 0% or 306,388 shares. Telos Cap Incorporated invested in 1.23% or 33,420 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 23. They expect $1.24 EPS, up 8.77% or $0.10 from last year’s $1.14 per share. After $1.37 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -9.49% negative EPS growth.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Cisco Stock Investors Party Like It’s 1999. It’s Not. – Nasdaq” on July 10, 2019, also Nasdaq.com with their article: “Microsoft (MSFT) Hits 52-Week High, Can the Run Continue? – Nasdaq” published on July 25, 2019, 247Wallst.com published: “Why Wall Street Has Such High Expectations for Microsoft Earnings and Guidance – 24/7 Wall St.” on July 16, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Finance.Yahoo.com and their article: “Nasdaq Today: Biotech Wrecked; Buy Microsoft? – Yahoo Finance” published on July 11, 2019 as well as Fool.com‘s news article titled: “3 Top Tech Stocks to Buy Right Now – Motley Fool” with publication date: August 05, 2019.

Trust Company Of Virginia, which manages about $757.18 million US Long portfolio, upped its stake in Vanguard Scottsdale Fds (VCIT) by 9,044 shares to 186,742 shares, valued at $16.22 million in 2019Q1, according to the filing. It also increased its holding in Schlumberger Ltd (NYSE:SLB) by 9,989 shares in the quarter, for a total of 111,177 shares, and has risen its stake in Diageo P L C (NYSE:DEO).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

Alteryx Sales up 59%; Shares Pop

Irvine’s Alteryx Inc. today reported second quarter results that topped analysts’ expectations and the shares rose as much as 6% in after hours trading.
Dean Stoecker

Dean Stoecker

Irvine’s Alteryx Inc. today reported second quarter results that topped analysts’ expectations and the shares rose as much as 6% in after hours trading.

Sales climbed 59% to $82 million while adjusted profit was 1 cent a share. Analysts expected sales of $76.6 million and a six cent loss, according to Yahoo! Finance.

The company forecast third quarter sales of $88 million to $91 million and adjusted profit of 6 cents to 9 cents a share. The average estimate of analysts was for $87.5 million and a profit of 13 cents.

During regular trading before the release, shares fell 1.7% to $117.54 and a $7.4 billion market cap. The shares have almost tripled in the past year.

Alteryx’s software enables users to manipulate huge amounts of data to find insights such as the best locations for restaurants.

“We continue to be humbled and amazed by the innovative ways our customers are leveraging the Alteryx platform to transform their business in remarkable ways,” Alteryx Chief Executive Dean Stoecker said in a statement.

Related Posts:

  • No Related Posts

Atwood & Palmer Has Decreased Its Holding in Cisco Sys (CSCO) by $352291 as Share Price …

… 06/03/2018 – IDG VENTURES INDIA SAYS CISCO INVESTMENTS INVESTS IN IDG’S THIRD FUND; 10/05/2018 – The U.S. government needs to …

Bank of America Corporation (NYSE:BAC) Logo

Atwood & Palmer Inc decreased its stake in Cisco Sys Inc (CSCO) by 0.98% based on its latest 2019Q1 regulatory filing with the SEC. Atwood & Palmer Inc sold 6,647 shares as the company’s stock rose 10.40% with the market. The institutional investor held 668,261 shares of the technology company at the end of 2019Q1, valued at $36.08 million, down from 674,908 at the end of the previous reported quarter. Atwood & Palmer Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $241.99B market cap company. The stock decreased 0.16% or $0.09 during the last trading session, reaching $56.53. About 11.51M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 14.75% since July 28, 2018 and is uptrending. It has outperformed by 10.32% the S&P500. Some Historical CSCO News: 23/05/2018 – Cisco Executive: Companies, Regulators Not Ready for EU Data Rules — Barron’s Blog; 24/03/2018 – Mena Report: Azerbaijan : Ministry of Transport, Communications and High Technologies and Cisco sign MoU; 23/03/2018 – Cisco Closes Below 50-Day Moving Average: Technicals; 06/03/2018 – LaSalle Solutions Renews Cisco Advanced Collaboration Architecture Specialization; 22/03/2018 – MOODY’S ASSIGNS B2 CFR TO C1 HOLDINGS CORP.; OUTLOOK STABLE; 06/03/2018 – IDG VENTURES INDIA SAYS CISCO INVESTMENTS INVESTS IN IDG’S THIRD FUND; 10/05/2018 – The U.S. government needs to do more to support start-ups to secure its future as a technological innovator, said former Cisco CEO John Chambers; 23/05/2018 – Cisco’s Talos Unit Warns Of Possible Cyberattack On Ukraine — MarketWatch; 17/04/2018 – China Unicom Teams with Cisco to Enable Cloud + Network Synergy with Segment Routing; 21/03/2018 – Cisco Collaborates on Phones with American Council of the Blind

Ls Investment Advisors Llc decreased its stake in Bank Of America Corp (BAC) by 2.71% based on its latest 2019Q1 regulatory filing with the SEC. Ls Investment Advisors Llc sold 20,054 shares as the company’s stock declined 1.43% while stock markets rallied. The institutional investor held 718,595 shares of the major banks company at the end of 2019Q1, valued at $19.83 million, down from 738,649 at the end of the previous reported quarter. Ls Investment Advisors Llc who had been investing in Bank Of America Corp for a number of months, seems to be less bullish one the $287.47B market cap company. The stock increased 1.42% or $0.43 during the last trading session, reaching $30.77. About 46.02 million shares traded. Bank of America Corporation (NYSE:BAC) has declined 9.09% since July 28, 2018 and is downtrending. It has underperformed by 13.52% the S&P500. Some Historical BAC News: 05/03/2018 – Finance Insider: These are the top 5 contenders for Amazon’s HQ2, according to Bank of America; 16/04/2018 – U.S. Loan Issuance Down 23% in 2018, BofA Leads; 15/03/2018 – HDFC ASSET MANAGEMENT-BOOK-RUNNING MANAGERS FOR IPO ARE KOTAK INVESTMENT BANKING,AXIS CAPITAL,BOFA MERRILL LYNCH,CITIGROUP GLOBAL MARKETS, CLSA INDIA; 07/05/2018 – Nvidia’s product leadership makes it an attractive ‘buy’ pick, according to Bank of America; 15/05/2018 – Qiagen Presenting at Bank of America Conference Tomorrow; 09/05/2018 – Chemed Presenting at Bank of America Conference May 15; 10/04/2018 – EX-BOFA BRAZIL EMPLOYEES ARE SAID TO BUILD NEW EQUITY FUND; 10/05/2018 – Bank of America raised the average forecast for Brent crude to $70 this year and $75 per barrel next year; 20/03/2018 – Investors crowded into tech sector, BAML March survey finds; 16/04/2018 – BANK OF AMERICA CFO: THIS YEAR’S CAPITAL STRESS TEST IS ‘MUCH HARDER’ THAN LAST YEAR’S

Atwood & Palmer Inc, which manages about $599.83M and $706.29 million US Long portfolio, upped its stake in Janus Detroit Str Tr by 6,625 shares to 197,650 shares, valued at $9.83 million in 2019Q1, according to the filing.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “QQQ, CSCO, INTC, ADBE: Large Outflows Detected at ETF – Nasdaq” on July 10, 2019, also Nasdaq.com with their article: “Computer Networking Industry Prospects Not So Bright – Nasdaq” published on July 02, 2019, Nasdaq.com published: “Technology Sector Update for 07/18/2019: LLNW, SAP, TSM, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on July 18, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Another Dot-Bomb in Cisco Stock? – Nasdaq” published on April 24, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 07/16/2019: QTT, GSUM, ARW, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: July 16, 2019.

Since June 7, 2019, it had 1 buy, and 0 selling transactions for $557,404 activity.

Investors sentiment decreased to 0.83 in Q1 2019. Its down 0.08, from 0.91 in 2018Q4. It dropped, as 58 investors sold CSCO shares while 739 reduced holdings. 139 funds opened positions while 519 raised stakes. 3.03 billion shares or 4.61% less from 3.17 billion shares in 2018Q4 were reported. The California-based Cohen Capital Management Inc has invested 2.97% in Cisco Systems, Inc. (NASDAQ:CSCO). Cornerstone Capital accumulated 0.03% or 3,784 shares. Moreover, Abner Herrman & Brock Ltd Liability has 2.59% invested in Cisco Systems, Inc. (NASDAQ:CSCO). The Quebec – Canada-based Fiera has invested 0.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Holt Cap Advsr Dba Holt Cap Prtnrs LP has 0.48% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Perigon Wealth Ltd Limited Liability Company stated it has 96,298 shares. Winch Advisory Services Limited Liability Com holds 51,689 shares. Nomura Holdings Incorporated accumulated 61,702 shares or 0.01% of the stock. Ipswich Inv Management accumulated 0.24% or 13,554 shares. Aspiriant Lc holds 0.18% or 39,780 shares. Rmb Lc reported 0.09% stake. Gamble Jones Invest Counsel stated it has 1.27% in Cisco Systems, Inc. (NASDAQ:CSCO). Sfmg Ltd Liability Com holds 0.07% or 9,485 shares. Ohio-based Bowling Portfolio Mngmt Limited Liability Co has invested 0.21% in Cisco Systems, Inc. (NASDAQ:CSCO). Burke Herbert Comml Bank Trust has invested 1.4% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on August, 21. They expect $0.75 earnings per share, up 15.38% or $0.10 from last year’s $0.65 per share. CSCO’s profit will be $3.21 billion for 18.84 P/E if the $0.75 EPS becomes a reality. After $0.71 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 5.63% EPS growth.

Ls Investment Advisors Llc, which manages about $1.86B and $1.60 billion US Long portfolio, upped its stake in United Technologies (NYSE:UTX) by 14,557 shares to 135,867 shares, valued at $17.51M in 2019Q1, according to the filing. It also increased its holding in Eli Lilly & Co (NYSE:LLY) by 6,682 shares in the quarter, for a total of 30,519 shares, and has risen its stake in Henry Jack & Associates (NASDAQ:JKHY).

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Benzinga.com which released: “In The Thick Of It: Bank Results Highlight Morning, With NFLX At Center Screen Late – Benzinga” on July 17, 2019, also Bizjournals.com with their article: “Bank of America’s top tech exec Cathy Bessant on Square: ‘We may have missed something’ – San Francisco Business Times” published on July 24, 2019, Seekingalpha.com published: “All Hail The Breakout Kings: Texas Instruments, Coca-Cola, Stanley Black, Snap, Goldman, Edwards Lifesciences, Delta Air Lines – Seeking Alpha” on July 24, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Benzinga.com and their article: “‘Fast Money’ Traders Share Their Thoughts On Zions Bank Downgrade – Benzinga” published on July 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “5 Big Bank Stocks Tearing Higher – Yahoo Finance” with publication date: July 01, 2019.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts