As Ensco Plc (ESV) Market Valuation Rose, Shareholder Van Eck Associates Boosted Its Holding; Cisco Systems (CSCO) Holder Hudock Moyer Wealth Resources Has Trimmed Holding

June 14, 2018 - By reb123z

Ensco plc (NYSE:ESV) Logo

Van Eck Associates Corp increased its stake in Ensco Plc (ESV) by 10.83% based on its latest 2018Q1 regulatory filing with the SEC. Van Eck Associates Corp bought 980,115 shares as the company’s stock rose 22.69% while stock markets declined. The institutional investor held 10.03M shares of the oil & gas production company at the end of 2018Q1, valued at $44.04M, up from 9.05 million at the end of the previous reported quarter. Van Eck Associates Corp who had been investing in Ensco Plc for a number of months, seems to be bullish on the $2.75 billion market cap company. The stock decreased 2.78% or $0.18 during the last trading session, reaching $6.3. About 11.96 million shares traded. Ensco plc (NYSE:ESV) has declined 6.04% since June 14, 2017 and is downtrending. It has underperformed by 18.61% the S&P500.

Hudock Moyer Wealth Resources Llc decreased its stake in Cisco Systems Inc (CSCO) by 16.76% based on its latest 2018Q1 regulatory filing with the SEC. Hudock Moyer Wealth Resources Llc sold 9,585 shares as the company’s stock declined 4.63% with the market. The institutional investor held 47,589 shares of the technology company at the end of 2018Q1, valued at $2.04 million, down from 57,174 at the end of the previous reported quarter. Hudock Moyer Wealth Resources Llc who had been investing in Cisco Systems Inc for a number of months, seems to be less bullish one the $210.03B market cap company. The stock increased 1.48% or $0.65 during the last trading session, reaching $44.66. About 13.52M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 14, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: 25/05/2018 – ISG Smartalks™ Webinar to Reveal Best Practices for Maximizing Value in Cisco Negotiations; 21/03/2018 – Slack Technologies builds engineering team to combat outages; 18/04/2018 – Global Network Access Control (NAC) Market (2018-2022) Projected to Grow at a CAGR of 27.23% – Key Vendors are Cisco, ForeScout Technologies, and HPE – ResearchAndMarkets.com; 24/05/2018 – Cisco CEO Chuck Robbins speaks at VivaTech 2018 amid heightened cybersecurity concerns; 22/04/2018 – DJ Cisco Systems Inc, Inst Holders, 1Q 2018 (CSCO); 08/03/2018 – Light Reading: Cisco on the Packet-Optical Prowl – Rumor – There’s talk swirling the optical transport sector that Cisco is; 14/05/2018 – Nan Shan Life Adds Cisco, Cuts Xilinx: 13F; 01/05/2018 – CSCO:ACCOMPANY CEO CHANG TO LEAD CISCO’S COLLABORATION BUSINESS; 16/05/2018 – Cisco Sales, Profit Lifted by Corporate Spending on Networks; 16/05/2018 – Cisco Systems 3Q Non-GAAP Total Gross Margin and Pdt Gross Margin Were 63.9% and 62.9%, Respectively

Since February 20, 2018, it had 0 buys, and 3 selling transactions for $2.12 million activity. BURNS M MICHELE had sold 12,126 shares worth $550,153 on Monday, February 26. 20,671 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $940,559 were sold by Goeckeler David.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “We Could Make 52% From Cisco In 7 Months Or Less” on June 04, 2018, also Nasdaq.com with their article: “3 Security Stocks in the Spotlight With Fresh Cyber Attacks” published on June 12, 2018, Nasdaq.com published: “Fortinet Inc Earnings Confirm My Bull Thesis” on June 08, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Globenewswire.com and their article: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” published on May 23, 2018 as well as Globenewswire.com‘s news article titled: “Cisco Declares Quarterly Cash Dividend” with publication date: May 30, 2018.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 173 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Wednesday, November 15. As per Tuesday, November 14, the company rating was initiated by Wells Fargo. The stock has “Hold” rating by Needham on Monday, September 18. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Outperform” rating by Raymond James on Friday, September 23. The firm has “Buy” rating by Cowen & Co given on Monday, May 14. The firm earned “Hold” rating on Wednesday, June 28 by BMO Capital Markets. As per Monday, February 8, the company rating was downgraded by Goldman Sachs. As per Monday, November 27, the company rating was maintained by Bernstein. Oppenheimer maintained it with “Outperform” rating and $160 target in Friday, February 12 report. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Outperform” rating given on Thursday, May 19 by BMO Capital Markets.

Hudock Moyer Wealth Resources Llc, which manages about $480.07 million and $240.85M US Long portfolio, upped its stake in Dbx Etf Tr X (DBEF) by 44,917 shares to 51,245 shares, valued at $1.57 million in 2018Q1, according to the filing. It also increased its holding in Pimco Etf Tr 15 Yr Us Tips Index Exchange (LTPZ) by 45,574 shares in the quarter, for a total of 56,899 shares, and has risen its stake in Wisdomtree Tr Europe Hedged Equity Fd (HEDJ).

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It fall, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. American Century Cos Incorporated reported 12.34 million shares stake. Mercer Capital Advisers reported 6,225 shares. First Pacific Advsr Ltd Liability Company reported 7.56M shares. Brandywine Global Invest Ltd Llc holds 2.23% or 8.25 million shares. Profit Investment Mngmt Ltd Co owns 35,543 shares. Cibc National Bank & Trust Usa owns 30,342 shares for 0.18% of their portfolio. Sfe Inv Counsel holds 0.56% or 25,280 shares in its portfolio. 308,300 were reported by Tctc Hldgs Limited Liability. Farmers State Bank holds 18,490 shares. Endurance Wealth reported 1.06% in Cisco Systems, Inc. (NASDAQ:CSCO). Suffolk Cap Management Ltd Limited Liability Company has invested 0.49% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Cobblestone Advsr Lc Ny, a New York-based fund reported 31,349 shares. Price T Rowe Assoc Md accumulated 0.42% or 61.01M shares. Randolph reported 4.9% in Cisco Systems, Inc. (NASDAQ:CSCO). Penobscot Inv Mgmt accumulated 1.4% or 135,775 shares.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on August, 15. They expect $0.63 EPS, up 14.55% or $0.08 from last year’s $0.55 per share. CSCO’s profit will be $2.96 billion for 17.72 P/E if the $0.63 EPS becomes a reality. After $0.60 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.45, from 1.48 in 2017Q4. It dived, as 30 investors sold ESV shares while 87 reduced holdings. 34 funds opened positions while 87 raised stakes. 398.89 million shares or 3.74% more from 384.52 million shares in 2017Q4 were reported. Alliancebernstein LP holds 635,335 shares. Brown Brothers Harriman & has 0% invested in Ensco plc (NYSE:ESV). Fil invested 0% in Ensco plc (NYSE:ESV). United Kingdom-based Barclays Public Ltd has invested 0% in Ensco plc (NYSE:ESV). The Pennsylvania-based Sei Invs has invested 0% in Ensco plc (NYSE:ESV). Basswood Cap Mngmt Ltd Co invested 0% in Ensco plc (NYSE:ESV). State Street Corp reported 19.40M shares stake. Invesco Ltd reported 2.58M shares or 0% of all its holdings. Greatmark Investment Prns has 0.28% invested in Ensco plc (NYSE:ESV) for 175,100 shares. Moreover, Amp Cap Ltd has 0% invested in Ensco plc (NYSE:ESV). Tortoise Advsr reported 35 shares. Cubist Systematic Strategies Lc has invested 0% in Ensco plc (NYSE:ESV). Saba Capital Mgmt L P, New York-based fund reported 205,400 shares. Switzerland-based Swiss Financial Bank has invested 0% in Ensco plc (NYSE:ESV). Veritable Lp reported 26,687 shares or 0% of all its holdings.

Among 35 analysts covering Ensco Plc (NYSE:ESV), 11 have Buy rating, 5 Sell and 19 Hold. Therefore 31% are positive. Ensco Plc had 88 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, June 30 by Bank of America. PiperJaffray upgraded Ensco plc (NYSE:ESV) on Monday, June 19 to “Overweight” rating. The rating was maintained by Citigroup with “Neutral” on Wednesday, March 16. The stock of Ensco plc (NYSE:ESV) earned “Neutral” rating by Susquehanna on Tuesday, June 28. The firm has “Hold” rating given on Friday, June 30 by Jefferies. The firm has “Outperform” rating by Credit Suisse given on Friday, April 13. FBR Capital maintained it with “Mkt Perform” rating and $9 target in Friday, October 28 report. Barclays Capital downgraded the shares of ESV in report on Monday, March 28 to “Underweight” rating. The company was upgraded on Monday, November 30 by Guggenheim. The stock has “Buy” rating by Piper Jaffray on Tuesday, September 19.

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