Windsor Financial Group LLC grew its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,634 shares of the network equipment provider’s stock after purchasing an additional 565 shares during the period. Cisco Systems comprises 2.0% of Windsor Financial Group LLC’s holdings, making the stock its 27th largest holding. Windsor Financial Group LLC’s holdings in Cisco Systems were worth $4,214,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CSCO. Barnett & Company Inc. grew its position in shares of Cisco Systems by 1,511.5% during the 2nd quarter. Barnett & Company Inc. now owns 3,223 shares of the network equipment provider’s stock worth $101,000 after purchasing an additional 3,023 shares in the last quarter. Tortoise Investment Management LLC grew its position in shares of Cisco Systems by 36.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider’s stock worth $104,000 after purchasing an additional 878 shares in the last quarter. Grove Bank & Trust grew its position in shares of Cisco Systems by 141.3% during the 2nd quarter. Grove Bank & Trust now owns 3,620 shares of the network equipment provider’s stock worth $113,000 after purchasing an additional 2,120 shares in the last quarter. Watermark Asset Management Inc. acquired a new position in shares of Cisco Systems during the 1st quarter worth approximately $122,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in shares of Cisco Systems by 15.0% during the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 4,300 shares of the network equipment provider’s stock worth $145,000 after purchasing an additional 560 shares in the last quarter. Hedge funds and other institutional investors own 75.22% of the company’s stock.

A number of research analysts have issued reports on CSCO shares. Vetr upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and set a $35.02 target price on the stock in a research report on Wednesday, September 6th. Zacks Investment Research upgraded shares of Cisco Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. ValuEngine lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. Deutsche Bank AG reiterated a “buy” rating and set a $40.00 price target on shares of Cisco Systems in a research report on Wednesday, September 6th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Cisco Systems in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and twenty-two have given a buy rating to the company’s stock. Cisco Systems currently has a consensus rating of “Buy” and an average target price of $35.31.

Cisco Systems, Inc. (NASDAQ:CSCO) opened at $34.04 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.03 and a quick ratio of 2.98. Cisco Systems, Inc. has a 1-year low of $29.12 and a 1-year high of $34.75. The company has a market cap of $168,113.00, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 2.97 and a beta of 1.15.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, August 16th. The network equipment provider reported $0.61 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.61. The firm had revenue of $12.13 billion for the quarter, compared to the consensus estimate of $12.07 billion. Cisco Systems had a net margin of 20.02% and a return on equity of 16.91%. The company’s revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 EPS. sell-side analysts predict that Cisco Systems, Inc. will post 2.18 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Thursday, October 5th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend was Wednesday, October 4th. Cisco Systems’s dividend payout ratio is presently 60.73%.

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In related news, insider John T. Chambers sold 250,000 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $31.14, for a total transaction of $7,785,000.00. Following the sale, the insider now directly owns 729,305 shares of the company’s stock, valued at approximately $22,710,557.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark D. Chandler sold 65,000 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $32.43, for a total transaction of $2,107,950.00. The disclosure for this sale can be found here. Insiders sold a total of 485,138 shares of company stock worth $15,347,574 over the last ninety days. Insiders own 0.05% of the company’s stock.

Cisco Systems Profile

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC).

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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