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As Cisco Sys (CSCO) Stock Declined, Shareholder Wespac Advisors Has Decreased Holding by $2.09 Million; As Applied Materials (AMAT) Stock Price Rose, Reliance Trust Has Trimmed Its Holding by $349,388

Wespac Advisors Llc decreased its stake in Cisco Sys Inc (CSCO) by 90.53% based on its latest 2017Q3 regulatory filing with the SEC. Wespac Advisors Llc sold 63,221 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 6,614 shares of the technology company at the end of 2017Q3, valued at $222,000, down from 69,835 at the end of the previous reported quarter. Wespac Advisors Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $203.97 billion market cap company. The stock decreased 0.10% or $0.04 during the last trading session, reaching $41.26. About 14.36M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 19, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Reliance Trust decreased its stake in Applied Materials Inc (AMAT) by 38.84% based on its latest 2017Q3 regulatory filing with the SEC. Reliance Trust sold 6,719 shares as the company’s stock rose 23.58% with the market. The institutional investor held 10,581 shares of the technology company at the end of 2017Q3, valued at $551,000, down from 17,300 at the end of the previous reported quarter. Reliance Trust who had been investing in Applied Materials Inc for a number of months, seems to be less bullish one the $60.41B market cap company. The stock decreased 0.37% or $0.215 during the last trading session, reaching $57.185. About 8.15 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since January 19, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It is negative, 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. Principal Fin Gp reported 11.99 million shares. Atlas Browninc invested 0.1% in Cisco Systems, Inc. (NASDAQ:CSCO). Thompson Siegel And Walmsley Ltd Llc has invested 0.27% in Cisco Systems, Inc. (NASDAQ:CSCO). 10,900 were accumulated by Mark Sheptoff Financial Planning Ltd Liability Company. Zeke Capital Advsr accumulated 90,527 shares. Edgewood Limited Liability Corp invested 0% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Hudock Gru Ltd Company owns 0.9% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 57,031 shares. Pittenger & Anderson reported 193,295 shares. Advantage Inc owns 159,537 shares or 4.36% of their US portfolio. Pennsylvania-based Godshalk Welsh Cap Incorporated has invested 1.6% in Cisco Systems, Inc. (NASDAQ:CSCO). Nomura Asset has 1.86 million shares. Moreover, Timber Creek Cap Lc has 2.73% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Balasa Dinverno And Foltz Ltd Liability Co has 0.12% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Alyeska Lp invested in 0.08% or 299,491 shares. Davidson And Garrard accumulated 131,791 shares or 1.04% of the stock.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 EPS, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62 billion for 19.46 P/E if the $0.53 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 65% are positive. Cisco Systems Inc. had 135 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Piperjaffray given on Thursday, August 18. RBC Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, October 9 with “Buy” rating. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Overweight” rating given on Wednesday, January 13 by Pacific Crest. The firm has “Buy” rating given on Thursday, August 13 by Piper Jaffray. As per Wednesday, June 21, the company rating was maintained by Nomura. Wells Fargo maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, August 5 with “Buy” rating. The rating was maintained by Jefferies on Wednesday, August 17 with “Buy”. Cowen & Co maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, November 16 with “Buy” rating. The company was maintained on Thursday, June 29 by Robert W. Baird. The rating was maintained by Morgan Stanley on Thursday, August 18 with “Equal-Weight”.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. 15,230 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $578,740 were sold by MCGEARY RODERICK C. 250,000 shares were sold by CHAMBERS JOHN T, worth $7.79 million on Wednesday, August 23. BHATT PRAT also sold $821,900 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11. The insider BARTZ CAROL sold $7.59M. $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by Walker Karen. Another trade for 121,390 shares valued at $3.89 million was sold by Robbins Charles.

Wespac Advisors Llc, which manages about $705.49M and $151.59 million US Long portfolio, upped its stake in Vanguard Scottsdale Fds (VCIT) by 3,654 shares to 14,079 shares, valued at $1.24M in 2017Q3, according to the filing. It also increased its holding in Anthem Inc by 5,773 shares in the quarter, for a total of 20,530 shares, and has risen its stake in Harris Corp Del (NYSE:HRS).

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. had 109 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Citigroup on Friday, October 23 to “Neutral”. The stock has “Buy” rating by Argus Research on Monday, August 17. Cowen & Co maintained the stock with “Outperform” rating in Wednesday, November 11 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Stifel Nicolaus on Friday, May 27. Craig Hallum maintained the stock with “Buy” rating in Friday, August 18 report. Summit Research downgraded the stock to “Buy” rating in Tuesday, August 11 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by B. Riley & Co on Monday, August 14. UBS maintained the stock with “Buy” rating in Tuesday, June 13 report. The rating was upgraded by Credit Agricole to “Buy” on Tuesday, January 19. The rating was maintained by Deutsche Bank on Friday, November 17 with “Buy”.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It improved, as 40 investors sold AMAT shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Strategic Advsr Limited Company reported 38,008 shares. Shelton Capital Management holds 123,001 shares. New York State Teachers Retirement, New York-based fund reported 1.86M shares. One National Association reported 5,338 shares. Commonwealth Equity Services Inc stated it has 0.06% in Applied Materials, Inc. (NASDAQ:AMAT). Waters Parkerson Limited Liability Company holds 0.03% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 7,450 shares. J Goldman And Company Lp stated it has 12,500 shares. Altfest L J & reported 0.45% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Wolverine Asset Llc owns 2,535 shares. Nomura reported 1.53 million shares. Whittier Of Nevada holds 2,405 shares. Tarbox Family Office Incorporated stated it has 0.01% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Metropolitan Life Insurance Ny has invested 0.18% in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Walleye Trading Ltd Liability has 0.08% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 292,392 shares. Aperio Group Inc Limited Liability, a California-based fund reported 539,785 shares.

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