Css Stake in Herbalife LTD (Put) (HLF) Trimmed as Valuation Rose; Cisco Sys (CSCO) Share Value Declined While Johnston Asset Management Has Cut Its Holding

August 12, 2018 - By Megan Stone

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Johnston Asset Management Corp decreased its stake in Cisco Sys Inc (CSCO) by 16.76% based on its latest 2018Q1 regulatory filing with the SEC. Johnston Asset Management Corp sold 119,100 shares as the company’s stock declined 4.63% with the market. The institutional investor held 591,725 shares of the technology company at the end of 2018Q1, valued at $25.38M, down from 710,825 at the end of the previous reported quarter. Johnston Asset Management Corp who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $205.89B market cap company. It closed at $43.78 lastly. It is down 37.60% since August 12, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: 16/04/2018 – Cisco Doubles Down on Security Innovation and Investment to Protect the Endpoint and Email; 23/05/2018 – CISCO SAYS IT SUSPECTS RUSSIAN GOV’T BEHIND HACKING CAMPAIGN AND WARNS IT MAY BE PLANNING ANOTHER ATTACK ON UKRAINE; 16/05/2018 – Cisco Systems Sees 4Q Revenue Up 4% to 6% Yr Over Yr; 15/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Macy’s goes for two quarters of sales growth in a row; 17/05/2018 – Tech Down After Cisco Outlook — Tech Roundup; 10/05/2018 – FORMER CISCO CEO JOHN CHAMBERS JOINS BLOOM ENERGY BOARD; 16/05/2018 – Cisco Systems 3Q Oper Cash Flow Includes $1.3 B of One-Time Foreign Taxes Related to Tax Cuts and Jobs Act; 29/05/2018 – GLOSFER Recruits Former CTO of Cisco, Monique Morrow; 10/05/2018 – US needs to do more to support start-ups, says ex-Cisco CEO John Chambers; 23/05/2018 – 3-D Technology Announces Cisco Premier Partner Certification

Css Llc decreased its stake in Herbalife Ltd (Put) (HLF) by 9.1% based on its latest 2018Q1 regulatory filing with the SEC. Css Llc sold 14,600 shares as the company’s stock rose 12.86% while stock markets declined. The institutional investor held 145,900 shares of the other pharmaceuticals company at the end of 2018Q1, valued at $14.22 million, down from 160,500 at the end of the previous reported quarter. Css Llc who had been investing in Herbalife Ltd (Put) for a number of months, seems to be less bullish one the $8.45 billion market cap company. The stock decreased 1.88% or $1.1 during the last trading session, reaching $57.45. About 1.56 million shares traded. Herbalife Nutrition Ltd. (NYSE:HLF) has risen 36.43% since August 12, 2017 and is uptrending. It has outperformed by 23.86% the S&P500. Some Historical HLF News: 18/05/2018 – S&P REVISES HERBALIFE NUTRITION LTD. OUTLOOK TO ‘STABLE’ FROM ‘NEGATIVE’; RATING ‘B+’; 25/05/2018 – Icahn Enterprises: Would Still Be Herbalife’s Largest Holder After Tender; 21/03/2018 – Top Global Herbalife Distributors Gather for Annual Leadership Conference, Participation in Education & Training to Further; 25/05/2018 – Herbalife Nutrition Announces Preliminary Results of Self-Tender Offer; 03/05/2018 – HERBALIFE NUTRITION LTD HLF.N FY2018 SHR VIEW $5.33 — THOMSON REUTERS l/B/E/S; 25/05/2018 – Icahn to Sell Quarter of His Stake in Herbalife in Re-Balancing; 18/04/2018 – HERBALIFE REPORTS SELF-TENDER SEEKING TO BUY UP TO $600M SHRS; 18/04/2018 – HERBALIFE REPORTS SELF-TENDER OFFER AT $98.00-$108.00/SHARE; 01/05/2018 – Herbalife Nutrition Recognized as One of Forbes Magazine’s Best Employers; 18/05/2018 – S&PGR Revises Herbalife Nutrition Otlk To Stable From Negative

Analysts await Herbalife Nutrition Ltd. (NYSE:HLF) to report earnings on November, 1. They expect $0.64 earnings per share, up 56.10% or $0.23 from last year’s $0.41 per share. HLF’s profit will be $94.15 million for 22.44 P/E if the $0.64 EPS becomes a reality. After $0.80 actual earnings per share reported by Herbalife Nutrition Ltd. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

More recent Herbalife Nutrition Ltd. (NYSE:HLF) news were published by: Seekingalpha.com which released: “Herbalife Nutrition launches Herbalife24 ACHIEVE Protein Bar” on August 02, 2018. Also Tucson.com published the news titled: “Herbalife Nutrition Announces National Partnership with the League of United Latin American Citizens (LULAC)” on July 16, 2018. Seekingalpha.com‘s news article titled: “Pershing Square Holdings reports YTD net return of 12.7%” with publication date: August 09, 2018 was also an interesting one.

Investors sentiment increased to 0.85 in Q1 2018. Its up 0.06, from 0.79 in 2017Q4. It is positive, as 29 investors sold HLF shares while 67 reduced holdings. 34 funds opened positions while 48 raised stakes. 78.80 million shares or 6.90% less from 84.64 million shares in 2017Q4 were reported. Bancorporation Of Montreal Can reported 559,908 shares stake. Alliancebernstein Limited Partnership accumulated 41,603 shares or 0% of the stock. Dimensional Fund Advsrs Lp reported 512,861 shares. Bluecrest Cap holds 0.05% or 16,907 shares in its portfolio. 4,700 were accumulated by First Allied Advisory Service. State Common Retirement Fund holds 0.02% or 139,800 shares. 65 were reported by Regions Fincl Corp. 4,765 are owned by Cibc Asset Management Inc. Aristeia Lc reported 0.27% of its portfolio in Herbalife Nutrition Ltd. (NYSE:HLF). Schwab Charles Management has 0.02% invested in Herbalife Nutrition Ltd. (NYSE:HLF) for 258,419 shares. Highbridge Mngmt Ltd owns 8,503 shares or 0.01% of their US portfolio. University Of Notre Dame Du Lac owns 1.9% invested in Herbalife Nutrition Ltd. (NYSE:HLF) for 105,097 shares. Federated Invsts Pa stated it has 1,514 shares. Point72 Asia (Hong Kong) Ltd holds 0.01% of its portfolio in Herbalife Nutrition Ltd. (NYSE:HLF) for 139 shares. Retail Bank Of Ny Mellon invested in 0.01% or 242,228 shares.

Among 7 analysts covering Herbalife (NYSE:HLF), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Herbalife had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Herbalife Nutrition Ltd. (NYSE:HLF) has “Buy” rating given on Friday, May 5 by Pivotal Research. The firm earned “Neutral” rating on Tuesday, July 21 by Sterne Agee CRT. The firm earned “Buy” rating on Friday, August 7 by Vetr. As per Thursday, August 3, the company rating was maintained by Tigress Financial. The rating was maintained by Pivotal Research with “Buy” on Wednesday, August 2. The firm has “Buy” rating by Pivotal Research given on Monday, June 5. Pivotal Research maintained the shares of HLF in report on Tuesday, August 4 with “Buy” rating. The company was upgraded on Tuesday, March 6 by Citigroup. Zacks upgraded Herbalife Nutrition Ltd. (NYSE:HLF) on Friday, August 7 to “Hold” rating. Pivotal Research maintained Herbalife Nutrition Ltd. (NYSE:HLF) on Wednesday, November 4 with “Buy” rating.

Css Llc, which manages about $2.01B US Long portfolio, upped its stake in Altaba Inc by 1.80M shares to 1.91M shares, valued at $141.49 million in 2018Q1, according to the filing. It also increased its holding in Aberdeen Gtr China Fd Inc (GCH) by 62,208 shares in the quarter, for a total of 130,111 shares, and has risen its stake in Time Warner Inc (NYSE:TWX).

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It dived, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Lynch And Associates In has 129,354 shares. Grace White reported 6,940 shares or 0.06% of all its holdings. Pinnacle Advisory Group stated it has 0.03% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Morgan Stanley holds 0.52% or 43.95M shares. Iowa-based Hills Bankshares Tru has invested 0.13% in Cisco Systems, Inc. (NASDAQ:CSCO). Stanley holds 0.79% in Cisco Systems, Inc. (NASDAQ:CSCO) or 80,405 shares. Burt Wealth reported 4,770 shares. Carlton Hofferkamp Jenks Wealth Management Limited Liability owns 9,390 shares or 0.26% of their US portfolio. Messner Smith Theme Value Inv Mgmt Ltd Ca stated it has 0.02% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Laurion Capital LP holds 393,987 shares or 0.14% of its portfolio. Bridges Inv has invested 0.23% in Cisco Systems, Inc. (NASDAQ:CSCO). Clearbridge Limited Liability holds 0.3% or 7.44M shares in its portfolio. Hengehold Mgmt Ltd Com has 7,768 shares for 0.09% of their portfolio. Murphy Pohlad Asset Ltd Liability stated it has 0.6% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Bancorporation Hapoalim Bm accumulated 124,593 shares.

Johnston Asset Management Corp, which manages about $4.21B and $2.35 billion US Long portfolio, upped its stake in Qiagen Nv by 71,425 shares to 3.65M shares, valued at $117.98M in 2018Q1, according to the filing. It also increased its holding in Ptc Inc (NASDAQ:PTC) by 135,090 shares in the quarter, for a total of 257,830 shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Marketwatch.com which released: “Cisco earnings: Duo acquisition is nice, but what have you done for us lately?” on August 10, 2018, also Seekingalpha.com with their article: “Cisco: The Amazon Sell-Off Is Silly” published on July 16, 2018, Seekingalpha.com published: “Cisco Dividend: By The Numbers” on July 18, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “7 Tech Stocks That Pay Dividends” published on August 07, 2018 as well as Nasdaq.com‘s news article titled: “XLK, V, INTC, CSCO: Large Inflows Detected at ETF” with publication date: July 25, 2018.

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 174 analyst reports since August 4, 2015 according to SRatingsIntel. Citigroup maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Tuesday, August 9. Citigroup has “Buy” rating and $35 target. The firm has “Buy” rating given on Monday, February 12 by Nomura. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Hold” rating given on Thursday, February 15 by Stifel Nicolaus. The rating was maintained by Cowen & Co with “Buy” on Tuesday, September 5. The firm earned “Buy” rating on Thursday, August 18 by UBS. The firm earned “Buy” rating on Wednesday, June 21 by Bernstein. Deutsche Bank maintained it with “Buy” rating and $4000 target in Tuesday, June 13 report. The rating was maintained by UBS on Thursday, June 16 with “Buy”. Jefferies maintained the stock with “Buy” rating in Friday, May 26 report. The firm has “Buy” rating by Raymond James given on Thursday, November 16.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on August, 15 after the close. They expect $0.63 earnings per share, up 14.55% or $0.08 from last year’s $0.55 per share. CSCO’s profit will be $2.96B for 17.37 P/E if the $0.63 EPS becomes a reality. After $0.60 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Since February 20, 2018, it had 0 insider buys, and 4 insider sales for $3.63 million activity. Shares for $625,751 were sold by SARIN ARUN on Tuesday, February 20. On Monday, February 26 BURNS M MICHELE sold $550,153 worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 12,126 shares.

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

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