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Cisco Systems (CSCO) Holder Alley Company Has Raised Stake by $490,124; Welch Capital Partners Holding in Alibaba Group Holding (BABA) Has Cut by $1.96 Million

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Alley Company Llc increased its stake in Cisco Systems (CSCO) by 17.7% based on its latest 2017Q4 regulatory filing with the SEC. Alley Company Llc bought 12,898 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 85,765 shares of the technology company at the end of 2017Q4, valued at $3.29 million, up from 72,867 at the end of the previous reported quarter. Alley Company Llc who had been investing in Cisco Systems for a number of months, seems to be bullish on the $209.54B market cap company. The stock decreased 0.42% or $0.185 during the last trading session, reaching $43.495. About 11.31M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 24, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Leighton Welch decreased its stake in Alibaba Group Holding (BABA) by 37.97% based on its latest 2017Q4 regulatory filing with the SEC. Welch Capital Partners Llc sold 11,386 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by Leighton Welch held 18,597 shares of the business services company at the end of 2017Q4, valued at $3.21 million, down from 29,983 at the end of the previous reported quarter. Welch Capital Partners Llc who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $507.47 billion market cap company. The stock increased 0.36% or $0.7 during the last trading session, reaching $197.5. About 12.73 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since May 24, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on August, 16. They expect $1.16 EPS, up 23.40% or $0.22 from last year’s $0.94 per share. BABA’s profit will be $2.98 billion for 42.56 P/E if the $1.16 EPS becomes a reality. After $0.54 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 114.81% EPS growth.

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 178 analyst reports since August 12, 2015 according to SRatingsIntel. Bank of America maintained the shares of BABA in report on Thursday, September 7 with “Buy” rating. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Strong Sell”. The firm has “Overweight” rating by Barclays Capital given on Monday, August 21. The rating was maintained by Brean Capital with “Buy” on Friday, August 12. As per Wednesday, August 12, the company rating was downgraded by Wedbush. The stock has “Buy” rating by Deutsche Bank on Thursday, September 29. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Overweight” rating given on Thursday, August 13 by Atlantic Securities. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Monday, May 7. Tigress Financial maintained Alibaba Group Holding Limited (NYSE:BABA) on Thursday, November 30 with “Buy” rating. Needham initiated the stock with “Buy” rating in Friday, April 15 report.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Fool.com which released: “5 Reasons Alibaba Is Just Going to Go Up From Here” on May 22, 2018, also Livetradingnews.com with their article: “Alibaba Group Holding Limited (NYSE:BABA) Heffx Technical Analysis” published on May 18, 2018, Livetradingnews.com published: “Alibaba Group Holding Limited (NYSE:BABA) Stock Overbought” on May 24, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Finance.Yahoo.com and their article: “Bears Are in Trouble in Alibaba Group Holding Ltd Stock” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Short-Sighted Margin Concerns Create An Opportunity In Alibaba Stock” with publication date: May 22, 2018.

Welch Capital Partners Llc, which manages about $347.76 million and $280.75M US Long portfolio, upped its stake in Envision Healthcare Corp by 25,440 shares to 209,279 shares, valued at $7.23 million in 2017Q4, according to the filing. It also increased its holding in Materials Select Sector Spdr Fund (XLB) by 25,030 shares in the quarter, for a total of 160,090 shares, and has risen its stake in Range Resources Corp (NYSE:RRC).

Since December 14, 2017, it had 0 insider buys, and 5 selling transactions for $10.28 million activity. SARIN ARUN also sold $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. BURNS M MICHELE had sold 12,126 shares worth $550,153 on Monday, February 26. $940,559 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Goeckeler David. Another trade for 200,000 shares valued at $7.59 million was sold by BARTZ CAROL.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It improved, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Wunderlich Managemnt has 47,012 shares. Crawford Counsel invested in 688,226 shares or 0.82% of the stock. Moreover, Wellington Shields & Co Ltd Llc has 0.82% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 39,954 shares. First Pacific Ltd Liability Company holds 4.08% in Cisco Systems, Inc. (NASDAQ:CSCO) or 14.26M shares. Argent Capital Mngmt Lc holds 0.37% or 260,921 shares in its portfolio. L And S Advsr invested in 0.62% or 105,466 shares. 473,742 were reported by Meyer Handelman Co. Broderick Brian C has invested 0.74% in Cisco Systems, Inc. (NASDAQ:CSCO). Stock Yards Bank & Trust & Tru holds 0.27% or 63,281 shares. Asset Mngmt Limited Liability Co accumulated 4,524 shares or 0.06% of the stock. Penbrook Mgmt Limited Com invested in 0.97% or 28,250 shares. Moreover, Bancorp Of New York Mellon has 1.24% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 122.96M shares. Df Dent And Co Inc accumulated 63,571 shares. Garde Cap Inc reported 0.1% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). 4.61 million were reported by Santa Barbara Asset Mgmt Lc.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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