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As Tenaris S A (TS) Shares Declined, Luminus Management Has Lifted by $32.84 Million Its Stake; Cisco Sys (CSCO) Shareholder Efg Asset Management Americas Lowered Holding by $584,991 as Stock Declined

Efg Asset Management Americas Corp decreased its stake in Cisco Sys Inc (CSCO) by 50.72% based on its latest 2017Q3 regulatory filing with the SEC. Efg Asset Management Americas Corp sold 17,727 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 17,225 shares of the technology company at the end of 2017Q3, valued at $579,000, down from 34,952 at the end of the previous reported quarter. Efg Asset Management Americas Corp who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $208.08 billion market cap company. The stock increased 2.09% or $0.86 during the last trading session, reaching $42.09. About 43.84 million shares traded or 70.82% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 15, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Jonathan Barrett increased its stake in Tenaris S A (TS) by 75.03% based on its latest 2017Q3 regulatory filing with the SEC. Luminus Management Llc bought 1.17 million shares as the company’s stock declined 3.74% while stock markets rallied. The hedge fund run by Jonathan Barrett held 2.74M shares of the steel and iron ore company at the end of 2017Q3, valued at $77.47 million, up from 1.56M at the end of the previous reported quarter. Luminus Management Llc who had been investing in Tenaris S A for a number of months, seems to be bullish on the $18.56 billion market cap company. The stock increased 3.15% or $1 during the last trading session, reaching $32.7. About 1.71M shares traded or 7.24% up from the average. Tenaris S.A. (NYSE:TS) has risen 25.06% since February 15, 2017 and is uptrending. It has outperformed by 8.36% the S&P500.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. On Monday, September 11 Robbins Charles sold $3.89 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 121,390 shares. The insider CHANDLER MARK D sold 65,000 shares worth $2.11M. Another trade for 23,110 shares valued at $740,883 was made by Walker Karen on Monday, September 11. 25,638 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $821,900 were sold by BHATT PRAT. On Wednesday, August 23 the insider CHAMBERS JOHN T sold $7.79 million. 200,000 shares valued at $7.59 million were sold by BARTZ CAROL on Thursday, December 14.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dived, 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. First Dallas reported 0.6% in Cisco Systems, Inc. (NASDAQ:CSCO). Morgan Dempsey Cap Management Ltd Liability Com owns 150,806 shares. Norinchukin State Bank The accumulated 657,298 shares. Cincinnati Specialty Underwriters Insurance Communications invested in 2.64% or 89,500 shares. Locust Wood Capital Advisers Lc reported 1.16M shares. Forbes J M And Llp reported 1.75% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Amer Registered Advisor accumulated 0.76% or 45,171 shares. Teachers And Annuity Association Of America accumulated 0.42% or 462,236 shares. Vision Mngmt holds 0.38% in Cisco Systems, Inc. (NASDAQ:CSCO) or 35,936 shares. Ftb reported 300,607 shares. Mcmillion holds 1.67% or 75,726 shares in its portfolio. Goldman Sachs Gru has 39.64 million shares for 0.33% of their portfolio. Guggenheim Ltd has 5.03M shares for 0.4% of their portfolio. Rothschild Il has invested 1.11% in Cisco Systems, Inc. (NASDAQ:CSCO). Teacher Retirement Sys Of Texas holds 0.62% or 3.00M shares in its portfolio.

Efg Asset Management Americas Corp, which manages about $1.65 billion and $263.82 million US Long portfolio, upped its stake in Ishares Gold Trust (IAU) by 42,062 shares to 225,489 shares, valued at $2.78M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IWM) by 14,451 shares in the quarter, for a total of 51,700 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 earnings per share, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62 billion for 19.85 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 142 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, June 29 the stock rating was maintained by Credit Suisse with “Buy”. The stock has “Buy” rating by Goldman Sachs on Monday, February 8. Wells Fargo initiated Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, November 14 with “Buy” rating. The stock has “Buy” rating by Robert W. Baird on Thursday, June 29. As per Thursday, August 17, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, June 20 report. The firm has “Buy” rating given on Monday, February 12 by Cowen & Co. Goldman Sachs maintained the stock with “Buy” rating in Thursday, August 13 report. The rating was maintained by UBS with “Buy” on Thursday, August 18. On Friday, June 30 the stock rating was maintained by Jefferies with “Buy”.

Among 17 analysts covering Tenaris SA (NYSE:TS), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Tenaris SA had 38 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan downgraded Tenaris S.A. (NYSE:TS) on Thursday, February 11 to “Underweight” rating. Berenberg initiated the stock with “Hold” rating in Tuesday, October 11 report. The stock of Tenaris S.A. (NYSE:TS) has “Underperform” rating given on Wednesday, October 7 by Credit Suisse. On Friday, February 26 the stock rating was upgraded by Credit Suisse to “Neutral”. The company was downgraded on Wednesday, October 21 by BNP Paribas. The rating was maintained by Morgan Stanley on Tuesday, April 19 with “Underweight”. The rating was upgraded by Citigroup to “Neutral” on Wednesday, April 20. Barclays Capital initiated the shares of TS in report on Wednesday, December 20 with “Buy” rating. On Wednesday, February 24 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Cowen & Co maintained Tenaris S.A. (NYSE:TS) on Friday, August 7 with “Market Perform” rating.

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