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Centre Asset Management Raised Stake in Applied Materials (AMAT) by $1.39 Million as Share Value Rose; As Cisco (CSCO) Stock Price Declined, St Germain D J Co Upped Its Position

Centre Asset Management Llc increased its stake in Applied Materials Inc (AMAT) by 20% based on its latest 2017Q3 regulatory filing with the SEC. Centre Asset Management Llc bought 26,800 shares as the company’s stock rose 23.58% with the market. The institutional investor held 160,800 shares of the technology company at the end of 2017Q3, valued at $8.38 million, up from 134,000 at the end of the previous reported quarter. Centre Asset Management Llc who had been investing in Applied Materials Inc for a number of months, seems to be bullish on the $59.60 billion market cap company. The stock increased 3.15% or $1.73 during the last trading session, reaching $56.66. About 19.56 million shares traded or 44.76% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 20, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

St Germain D J Co Inc increased its stake in Cisco (CSCO) by 10.59% based on its latest 2017Q3 regulatory filing with the SEC. St Germain D J Co Inc bought 46,804 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 488,751 shares of the technology company at the end of 2017Q3, valued at $16.44 million, up from 441,947 at the end of the previous reported quarter. St Germain D J Co Inc who had been investing in Cisco for a number of months, seems to be bullish on the $217.82B market cap company. The stock decreased 0.61% or $0.27 during the last trading session, reaching $44.06. About 23.82M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 20, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

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. Ironwood Inv Mgmt Limited Liability Corp has invested 0.35% in Cisco Systems, Inc. (NASDAQ:CSCO). Hodges Inc accumulated 43,397 shares. Moreover, Macquarie Gru Limited has 1.33% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 22.04M shares. Cornerstone Mngmt Ltd Company accumulated 1.15M shares. Acg Wealth owns 101,493 shares or 0.59% of their US portfolio. Denver Inv Advisors Ltd has 0.05% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Renaissance Techs Ltd Liability Co holds 2.15 million shares or 0.08% of its portfolio. West Family Invs owns 120,000 shares or 0.49% of their US portfolio. Vigilant Cap Mngmt Lc stated it has 6,372 shares or 0.03% of all its holdings. Macnealy Hoover Investment Mgmt accumulated 12,950 shares or 0.31% of the stock. Cetera Advsrs Llc invested in 78,408 shares. Cardinal Cap Mgmt, Manitoba – Canada-based fund reported 470,919 shares. Jacobs Ca owns 250,299 shares. Asset Mgmt Grp reported 12,708 shares stake. Bowen Hanes has invested 1.36% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO).

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 150 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, October 6, the company rating was initiated by Citigroup. UBS maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, June 16 with “Buy” rating. The company was maintained on Monday, September 18 by Needham. The rating was maintained by Argus Research on Friday, August 19 with “Buy”. The firm has “Buy” rating given on Monday, August 7 by Robert W. Baird. Raymond James maintained the shares of CSCO in report on Friday, September 23 with “Outperform” rating. As per Monday, February 8, the company rating was downgraded by Goldman Sachs. KeyBanc Capital Markets maintained the shares of CSCO in report on Thursday, August 18 with “Overweight” rating. Robert W. Baird maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Friday, October 13 with “Buy” rating. Robert W. Baird maintained the stock with “Buy” rating in Thursday, February 15 report.

Since August 23, 2017, it had 0 buys, and 6 sales for $15.73 million activity. Walker Karen had sold 23,110 shares worth $740,883 on Monday, September 11. Robbins Charles also sold $3.89M worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. CHAMBERS JOHN T had sold 250,000 shares worth $7.79M. $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by BARTZ CAROL on Thursday, December 14. The insider MCGEARY RODERICK C sold $578,740. CHANDLER MARK D had sold 65,000 shares worth $2.11 million on Monday, September 18.

Since August 23, 2017, it had 0 buys, and 4 selling transactions for $11.03 million activity. Karsner Alexander sold $1.00 million worth of stock or 22,762 shares. Shares for $214,680 were sold by Forrest Stephen R on Wednesday, January 3. Shares for $6.44 million were sold by Salehpour Ali on Friday, December 29. The insider Larkins Thomas F sold 30,000 shares worth $1.54M.

Centre Asset Management Llc, which manages about $811.26M and $385.52 million US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 13,330 shares to 40,387 shares, valued at $6.61M in 2017Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 4,380 shares in the quarter, leaving it with 268,177 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

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