AGF Administration Ltd. raised its stake in shares of Cisco Methods, Inc. (NASDAQ:CSCO – Free Report) by 4.6% within the 2nd quarter, based on its most up-to-date 13F submitting with the Securities & Alternate Fee. The fund owned 661,825 shares of the community tools supplier’s inventory after buying an extra 28,956 shares throughout the interval. AGF Administration Ltd.’s holdings in Cisco Methods have been price $31,443,000 as of its most up-to-date submitting with the Securities & Alternate Fee.
A number of different hedge funds and different institutional buyers have additionally made adjustments to their positions within the inventory. Healthcare of Ontario Pension Plan Belief Fund raised its place in shares of Cisco Methods by 1,096.2% throughout the 4th quarter. Healthcare of Ontario Pension Plan Belief Fund now owns 2,906,676 shares of the community tools supplier’s inventory valued at $146,845,000 after shopping for an extra 2,663,676 shares within the final quarter. Marcum Wealth LLC raised its place in shares of Cisco Methods by 4.0% throughout the 1st quarter. Marcum Wealth LLC now owns 24,346 shares of the community tools supplier’s inventory valued at $1,215,000 after shopping for an extra 943 shares within the final quarter. Inscription Capital LLC raised its place in shares of Cisco Methods by 49.4% throughout the 1st quarter. Inscription Capital LLC now owns 45,983 shares of the community tools supplier’s inventory valued at $2,300,000 after shopping for an extra 15,198 shares within the final quarter. Ables Iannone Moore & Associates Inc. bought a brand new stake in shares of Cisco Methods throughout the 4th quarter valued at about $117,000. Lastly, Valmark Advisers Inc. raised its place in shares of Cisco Methods by 4.7% throughout the 2nd quarter. Valmark Advisers Inc. now owns 40,863 shares of the community tools supplier’s inventory valued at $1,941,000 after shopping for an extra 1,820 shares within the final quarter. Institutional buyers personal 73.33% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
A number of brokerages have not too long ago issued studies on CSCO. StockNews.com lower shares of Cisco Methods from a “purchase” ranking to a “maintain” ranking in a analysis report on Thursday, Could twenty third. Rosenblatt Securities elevated their worth goal on shares of Cisco Methods from $56.00 to $58.00 and gave the inventory a “impartial” ranking in a analysis report on Thursday, August fifteenth. Oppenheimer elevated their worth goal on shares of Cisco Methods from $54.00 to $58.00 and gave the inventory an “outperform” ranking in a analysis report on Thursday, Could sixteenth. JPMorgan Chase & Co. elevated their worth goal on shares of Cisco Methods from $53.00 to $55.00 and gave the inventory a “maintain” ranking in a analysis report on Thursday, August eighth. Regardless of buyers’ hopes for a rebound in Networking Tools demand to spice up Cisco’s fourth-quarter 2024 efficiency, the anticipation is tempered by restricted indications of a big restoration in demand. Lastly, New Avenue Analysis raised shares of Cisco Methods from a “impartial” ranking to a “purchase” ranking and set a $57.00 worth goal on the inventory in a analysis report on Thursday, August fifteenth. One equities analysis analyst has rated the inventory with a promote ranking, fourteen have given a maintain ranking, seven have assigned a purchase ranking and one has assigned a robust purchase ranking to the corporate’s inventory. In accordance with knowledge from MarketBeat.com, the corporate presently has a median ranking of “Maintain” and a median goal worth of $55.89.
Verify Out Our Newest Analysis Report on CSCO
Insider Exercise
In different Cisco Methods information, SVP Maria Victoria Wong bought 3,379 shares of the agency’s inventory in a transaction that occurred on Wednesday, August twenty eighth. The shares have been bought at a median worth of $50.36, for a complete worth of $170,166.44. Following the completion of the sale, the senior vp now straight owns 47,182 shares within the firm, valued at $2,376,085.52. The sale was disclosed in a authorized submitting with the SEC, which is out there by means of this hyperlink. In different Cisco Methods information, SVP Maria Victoria Wong bought 3,379 shares of the agency’s inventory in a transaction that occurred on Wednesday, August twenty eighth. The shares have been bought at a median worth of $50.36, for a complete worth of $170,166.44. Following the completion of the sale, the senior vp now straight owns 47,182 shares within the firm, valued at $2,376,085.52. The sale was disclosed in a authorized submitting with the SEC, which is out there by means of this hyperlink. Additionally, EVP Thimaya Okay. Subaiya bought 8,270 shares of the agency’s inventory in a transaction that occurred on Wednesday, August twenty first. The shares have been bought at a median worth of $50.33, for a complete transaction of $416,229.10. Following the completion of the sale, the manager vp now owns 135,544 shares of the corporate’s inventory, valued at $6,821,929.52. The disclosure for this sale will be discovered right here. During the last ninety days, insiders have bought 68,563 shares of firm inventory price $3,412,764. Company insiders personal 0.02% of the corporate’s inventory.
Cisco Methods Value Efficiency
NASDAQ CSCO opened at $49.11 on Thursday. The corporate has a debt-to-equity ratio of 0.43, a fast ratio of 0.83 and a present ratio of 0.91. The agency’s 50 day transferring common worth is $47.94 and its 200-day transferring common worth is $47.94. Cisco Methods, Inc. has a 52-week low of $44.50 and a 52-week excessive of $56.86. The corporate has a market cap of $197.86 billion, a PE ratio of 16.54, a P/E/G ratio of three.82 and a beta of 0.83.
Cisco Methods (NASDAQ:CSCO – Get Free Report) final launched its quarterly earnings knowledge on Wednesday, August 14th. The community tools supplier reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. Cisco Methods had a internet margin of 19.18% and a return on fairness of 27.83%. The agency had income of $13.64 billion for the quarter, in comparison with the consensus estimate of $13.53 billion. Throughout the identical interval final 12 months, the agency earned $1.01 earnings per share. The corporate’s quarterly income was down 10.3% on a year-over-year foundation. Promote-side analysts forecast that Cisco Methods, Inc. will put up 2.9 EPS for the present fiscal 12 months.
Cisco Methods Dividend Announcement
The agency additionally not too long ago disclosed a quarterly dividend, which will probably be paid on Wednesday, October twenty third. Stockholders of document on Wednesday, October 2nd will probably be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, October 2nd. This represents a $1.60 dividend on an annualized foundation and a dividend yield of three.26%. Cisco Methods’s dividend payout ratio is presently 53.87%.
Cisco Methods Profile
Cisco Methods, Inc designs, manufactures, and sells Web Protocol based mostly networking and different merchandise associated to the communications and knowledge know-how trade within the Americas, Europe, the Center East, Africa, the Asia Pacific, Japan, and China. The corporate additionally presents switching portfolio encompasses campus switching in addition to knowledge heart switching; enterprise routing portfolio interconnects private and non-private wireline and cellular networks, delivering extremely safe, and dependable connectivity to campus, knowledge heart and department networks; wi-fi merchandise embrace wi-fi entry factors and controllers; and compute portfolio together with the cisco unified computing system, hyperflex, and software program administration capabilities, which mix computing, networking, and storage infrastructure administration and virtualization.
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