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Cisco Sys Com (CSCO) Holding Held by Somerset Trust Company; As Macys (M) Stock Price Declined, Holder Levin Capital Strategies LP Has Lowered Holding

Somerset Trust Company increased its stake in Cisco Sys Inc Com (CSCO) by 52.28% based on its latest 2017Q3 regulatory filing with the SEC. Somerset Trust Company bought 43,371 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 126,330 shares of the technology company at the end of 2017Q3, valued at $4.25 million, up from 82,959 at the end of the previous reported quarter. Somerset Trust Company who had been investing in Cisco Sys Inc Com for a number of months, seems to be bullish on the $204.12 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $41.29. About 24.58M shares traded or 17.57% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 20, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

John A. Levin decreased its stake in Macys Inc (M) by 99.22% based on its latest 2017Q3 regulatory filing with the SEC. Levin Capital Strategies Lp sold 3.67M shares as the company’s stock declined 28.76% while stock markets rallied. The hedge fund run by John A. Levin held 28,943 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $632,000, down from 3.70M at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in Macys Inc for a number of months, seems to be less bullish one the $8.23B market cap company. The stock increased 1.54% or $0.41 during the last trading session, reaching $27.01. About 5.63 million shares traded. Macy's, Inc. (NYSE:M) has declined 25.46% since January 20, 2017 and is downtrending. It has underperformed by 42.16% the S&P500.

Among 31 analysts covering Macy’s Inc. (NYSE:M), 7 have Buy rating, 2 Sell and 22 Hold. Therefore 23% are positive. Macy’s Inc. had 101 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Outperform” rating in Monday, November 13 report. As per Friday, July 24, the company rating was downgraded by Atlantic Securities. The rating was upgraded by Atlantic Securities to “Overweight” on Friday, February 17. The firm has “Buy” rating by Guggenheim given on Friday, June 16. The stock of Macy's, Inc. (NYSE:M) has “Sector Perform” rating given on Thursday, January 5 by RBC Capital Markets. The company was downgraded on Wednesday, September 28 by Credit Suisse. Citigroup downgraded the stock to “Neutral” rating in Friday, March 24 report. The stock of Macy's, Inc. (NYSE:M) has “Buy” rating given on Monday, August 24 by Standpoint Research. UBS maintained Macy's, Inc. (NYSE:M) rating on Tuesday, October 20. UBS has “Neutral” rating and $125.0 target. The firm earned “Mixed” rating on Wednesday, November 2 by OTR Global.

Analysts await Macy's, Inc. (NYSE:M) to report earnings on February, 20. They expect $2.45 EPS, up 21.29% or $0.43 from last year’s $2.02 per share. M’s profit will be $746.16 million for 2.76 P/E if the $2.45 EPS becomes a reality. After $0.23 actual EPS reported by Macy's, Inc. for the previous quarter, Wall Street now forecasts 965.22% EPS growth.

Levin Capital Strategies Lp, which manages about $8.28B and $5.90 billion US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 13,000 shares to 108,831 shares, valued at $3.63 million in 2017Q3, according to the filing. It also increased its holding in Caterpillar Inc Del (NYSE:CAT) by 3,365 shares in the quarter, for a total of 93,935 shares, and has risen its stake in Jp Morgan Chase & Co (NYSE:JPM).

Somerset Trust Company, which manages about $188.61M US Long portfolio, decreased its stake in Vanguard Index Fds Reit Etf (VNQ) by 12,423 shares to 8,751 shares, valued at $727,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dropped, 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. Moreover, Whalerock Point Ptnrs Limited Liability Co has 0.51% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Fragasso Group Incorporated Inc stated it has 55,469 shares or 0.52% of all its holdings. Compton Mngmt Incorporated Ri invested 3.09% in Cisco Systems, Inc. (NASDAQ:CSCO). Barbara Oil owns 68,951 shares for 1.6% of their portfolio. Bridgecreek Ltd Company invested 0.29% in Cisco Systems, Inc. (NASDAQ:CSCO). Randolph Comm Incorporated has 3.92% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Cranbrook Wealth Management Ltd stated it has 100 shares. Menlo Advsr Ltd Liability Com holds 4.24% or 166,002 shares. Verity Verity Lc holds 241,107 shares or 2.36% of its portfolio. 245,595 were reported by Gofen & Glossberg Limited Company Il. Great Lakes Advsrs accumulated 140,369 shares. Warren Averett Asset Mgmt Limited Liability Com invested 0.17% in Cisco Systems, Inc. (NASDAQ:CSCO). Tctc Limited Liability Corp reported 296,855 shares or 0.62% of all its holdings. Bar Harbor Tru Serv invested in 191,861 shares. Pennsylvania-based Sei Com has invested 0.48% in Cisco Systems, Inc. (NASDAQ:CSCO).

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 136 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, January 18. The firm earned “Buy” rating on Tuesday, September 1 by Bernstein. Deutsche Bank maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, November 16. Deutsche Bank has “Buy” rating and $45 target. Oppenheimer upgraded the shares of CSCO in report on Wednesday, June 21 to “Buy” rating. As per Thursday, November 16, the company rating was maintained by Cowen & Co. The firm earned “Outperform” rating on Thursday, February 16 by RBC Capital Markets. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Argus Research on Friday, August 19. The company was upgraded on Friday, January 5 by Bank of America. Deutsche Bank maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, June 13 with “Buy” rating. Goldman Sachs maintained the stock with “Buy” rating in Thursday, August 13 report.

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