Investors bought shares of Cisco Systems, Inc. (NASDAQ:CSCO) on weakness during trading on Tuesday. $412.95 million flowed into the stock on the tick-up and $103.63 million flowed out of the stock on the tick-down, for a money net flow of $309.32 million into the stock. Of all stocks tracked, Cisco Systems had the highest net in-flow for the day. Cisco Systems traded down ($0.33) for the day and closed at $40.54

CSCO has been the topic of a number of analyst reports. Oppenheimer reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Cisco Systems in a research note on Friday, October 20th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Cisco Systems in a research note on Tuesday, November 14th. ValuEngine upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Vetr upgraded shares of Cisco Systems from a “sell” rating to a “hold” rating and set a $38.01 target price on the stock in a research report on Wednesday, December 27th. Finally, Jefferies Group reiterated a “buy” rating and set a $37.00 target price on shares of Cisco Systems in a research report on Friday, October 6th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. Cisco Systems has a consensus rating of “Buy” and a consensus target price of $37.93.

The company has a debt-to-equity ratio of 0.39, a current ratio of 2.87 and a quick ratio of 2.81. The firm has a market cap of $200,410.00, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 3.70 and a beta of 1.19.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, November 15th. The network equipment provider reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.01. Cisco Systems had a net margin of 20.26% and a return on equity of 16.64%. The firm had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.11 billion. During the same quarter in the prior year, the company posted $0.61 earnings per share. The business’s revenue was down 1.7% on a year-over-year basis. analysts forecast that Cisco Systems, Inc. will post 2.21 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Friday, January 5th will be issued a dividend of $0.29 per share. The ex-dividend date is Thursday, January 4th. This represents a $1.16 annualized dividend and a yield of 2.86%. Cisco Systems’s payout ratio is 60.10%.

In other news, SVP Karen Walker sold 5,786 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $36.49, for a total value of $211,131.14. Following the completion of the sale, the senior vice president now owns 176,418 shares in the company, valued at $6,437,492.82. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Prat Bhatt sold 2,606 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $36.49, for a total transaction of $95,092.94. Following the completion of the sale, the chief accounting officer now owns 89,184 shares of the company’s stock, valued at approximately $3,254,324.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 348,643 shares of company stock worth $12,892,271. Corporate insiders own 0.05% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Cisco Systems by 2.2% in the second quarter. Vanguard Group Inc. now owns 352,120,694 shares of the network equipment provider’s stock valued at $11,021,378,000 after purchasing an additional 7,411,891 shares during the last quarter. Ameriprise Financial Inc. grew its position in Cisco Systems by 23.6% during the third quarter. Ameriprise Financial Inc. now owns 62,709,508 shares of the network equipment provider’s stock valued at $2,109,614,000 after buying an additional 11,972,070 shares during the period. Dimensional Fund Advisors LP grew its position in Cisco Systems by 6.5% during the third quarter. Dimensional Fund Advisors LP now owns 48,741,535 shares of the network equipment provider’s stock valued at $1,639,089,000 after buying an additional 2,987,682 shares during the period. Nordea Investment Management AB grew its position in Cisco Systems by 8.3% during the third quarter. Nordea Investment Management AB now owns 34,013,570 shares of the network equipment provider’s stock valued at $1,143,876,000 after buying an additional 2,617,310 shares during the period. Finally, Boston Partners grew its position in Cisco Systems by 1.1% during the third quarter. Boston Partners now owns 30,401,385 shares of the network equipment provider’s stock valued at $1,022,399,000 after buying an additional 329,474 shares during the period. Institutional investors own 75.60% of the company’s stock.

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Cisco Systems Company Profile

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).

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