Canadian Pac Ry LTD (CP) Stock Declined While Tower Research Capital Trc Has Lowered Holding by $785,241; Alley Company Boosted Its Cisco Systems (CSCO) Holding by $490,124

May 20, 2018 - By Steve Bissell

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

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 $208.17B market cap company. The stock decreased 0.58% or $0.25 during the last trading session, reaching $43.21. About 22.82 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 20, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Tower Research Capital Llc Trc decreased its stake in Canadian Pac Ry Ltd (CP) by 81.72% based on its latest 2017Q4 regulatory filing with the SEC. Tower Research Capital Llc Trc sold 3,429 shares as the company’s stock declined 4.52% with the market. The institutional investor held 767 shares of the railroads company at the end of 2017Q4, valued at $176,000, down from 4,196 at the end of the previous reported quarter. Tower Research Capital Llc Trc who had been investing in Canadian Pac Ry Ltd for a number of months, seems to be less bullish one the $26.24B market cap company. The stock decreased 0.96% or $1.77 during the last trading session, reaching $182.25. About 846,381 shares traded or 85.51% up from the average. Canadian Pacific Railway Limited (NYSE:CP) has risen 19.42% since May 20, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Canadian Pacific had 74 analyst reports since September 30, 2015 according to SRatingsIntel. The stock of Canadian Pacific Railway Limited (NYSE:CP) earned “Hold” rating by Loop Capital on Friday, April 21. The stock of Canadian Pacific Railway Limited (NYSE:CP) earned “Buy” rating by Argus Research on Thursday, October 19. Cowen & Co maintained the stock with “Buy” rating in Friday, September 29 report. On Monday, October 24 the stock rating was initiated by Seaport Global with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Friday, July 28. The rating was maintained by Credit Suisse with “Buy” on Thursday, March 8. The company was maintained on Tuesday, July 25 by Argus Research. The stock of Canadian Pacific Railway Limited (NYSE:CP) has “Neutral” rating given on Monday, April 25 by JP Morgan. Topeka Capital Markets initiated Canadian Pacific Railway Limited (NYSE:CP) rating on Thursday, March 24. Topeka Capital Markets has “Hold” rating and $196 target. The firm has “Outperform” rating given on Thursday, April 21 by Bernstein.

Analysts await Canadian Pacific Railway Limited (NYSE:CP) to report earnings on July, 18. They expect $2.47 earnings per share, up 19.90% or $0.41 from last year’s $2.06 per share. CP’s profit will be $355.59 million for 18.45 P/E if the $2.47 EPS becomes a reality. After $2.13 actual earnings per share reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 15.96% EPS growth.

More notable recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Prnewswire.com which released: “CP increases dividend by 15.5% and completes normal course issuer bid” on May 10, 2018, also Streetinsider.com with their article: “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” published on May 15, 2018, Finance.Yahoo.com published: “5 Notable Dividend Increases From the Past Week — Including Phillips 66” on May 15, 2018. More interesting news about Canadian Pacific Railway Limited (NYSE:CP) were released by: Seekingalpha.com and their article: “Canadian Pacific Railway (CP) Investor Presentation – Slideshow” published on May 11, 2018 as well as Prnewswire.com‘s news article titled: “Railroads Stocks on Investors’ Radar — Canadian Pacific Railway, Greenbrier, Trinity Industries, and Union Pacific” with publication date: May 08, 2018.

Tower Research Capital Llc Trc, which manages about $775.20 million US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 19,981 shares to 24,124 shares, valued at $5.32M in 2017Q4, according to the filing. It also increased its holding in Spdr Series Trust (XPH) by 44,082 shares in the quarter, for a total of 44,559 shares, and has risen its stake in Mondelez Intl Inc (NASDAQ:MDLZ).

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 169 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, September 6 with “Buy”. The company was maintained on Thursday, May 19 by Credit Suisse. Piperjaffray maintained the stock with “Overweight” rating in Thursday, August 18 report. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, November 13 report. The rating was maintained by J.P. Morgan with “Hold” on Wednesday, August 16. The firm has “Buy” rating by UBS given on Thursday, May 17. The rating was maintained by Piper Jaffray with “Buy” on Thursday, August 13. On Thursday, February 15 the stock rating was maintained by Raymond James with “Buy”. The firm has “Buy” rating given on Friday, June 23 by Drexel Hamilton. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Outperform” rating given on Thursday, February 16 by RBC Capital Markets.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Seekingalpha.com which released: “Cisco’s (CSCO) CEO Chuck Robbins on Q1 2018 Results – Earnings Call Transcript” on May 17, 2018, also Globenewswire.com with their article: “Cisco Announces May 2018 Event with the Financial Community” published on May 01, 2018, Benzinga.com published: “What Wall Street Thinks Of Cisco’s Q3 Earnings” on May 17, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Cisco Systems: Last Chance To Buy?” published on April 24, 2018 as well as 247Wallst.com‘s news article titled: “Cisco Systems Remains Top-Performing Dow Stock” with publication date: May 12, 2018.

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