James Investment Research Cut Bloomin’ Brands (BLMN) Position as Valuation Rose; Lathrop Investment Management Has Decreased Its Holding in Cisco Systems (CSCO) as Market Valuation Rose

May 18, 2018 - By David Stenberg

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Lathrop Investment Management Corp decreased its stake in Cisco Systems (CSCO) by 2.15% based on its latest 2017Q4 regulatory filing with the SEC. Lathrop Investment Management Corp sold 8,635 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 393,794 shares of the technology company at the end of 2017Q4, valued at $15.08M, down from 402,429 at the end of the previous reported quarter. Lathrop Investment Management Corp who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $208.60B market cap company. The stock decreased 0.37% or $0.16 during the last trading session, reaching $43.3. About 17.94 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 18, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

James Investment Research Inc decreased its stake in Bloomin’ Brands Inc (BLMN) by 70.27% based on its latest 2017Q4 regulatory filing with the SEC. James Investment Research Inc sold 34,860 shares as the company’s stock rose 14.05% while stock markets declined. The institutional investor held 14,750 shares of the consumer services company at the end of 2017Q4, valued at $315,000, down from 49,610 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Bloomin’ Brands Inc for a number of months, seems to be less bullish one the $1.98B market cap company. The stock decreased 2.98% or $0.655 during the last trading session, reaching $21.355. About 1.29M shares traded. Bloomin' Brands, Inc. (NASDAQ:BLMN) has risen 28.31% since May 18, 2017 and is uptrending. It has outperformed by 16.76% the S&P500.

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 168 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 18 by UBS. As per Wednesday, January 13, the company rating was maintained by Pacific Crest. On Thursday, August 17 the stock rating was maintained by BMO Capital Markets with “Hold”. Piper Jaffray maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, April 18 with “Buy” rating. The rating was downgraded by Bank of America on Tuesday, April 5 to “Neutral”. Bernstein maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Monday, November 27. Bernstein has “Buy” rating and $40.0 target. The rating was upgraded by Nomura on Monday, February 12 to “Buy”. On Wednesday, November 15 the stock rating was maintained by Piper Jaffray with “Buy”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, February 11 by Deutsche Bank. The firm has “Neutral” rating given on Thursday, May 19 by JP Morgan.

Lathrop Investment Management Corp, which manages about $440.08 million and $363.31 million US Long portfolio, upped its stake in Acuity Brands (NYSE:AYI) by 2,877 shares to 66,553 shares, valued at $11.71M in 2017Q4, according to the filing. It also increased its holding in Newell Brands Inc. (NYSE:NWL) by 13,858 shares in the quarter, for a total of 281,430 shares, and has risen its stake in Walmart (NYSE:WMT).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Benzinga.com which released: “What Wall Street Thinks Of Cisco’s Q3 Earnings” on May 17, 2018, also Nasdaq.com with their article: “Cisco Systems, Inc. Earnings Report Clarifies How Slow the Train Is Moving” published on May 17, 2018, Nasdaq.com published: “Cisco Systems, Inc. Stock Is On Sale — Go Long Now” on May 17, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: 247Wallst.com and their article: “Cisco Still Holds Rank as Top Performing Dow Stock” published on May 05, 2018 as well as 247Wallst.com‘s news article titled: “Cisco Systems Remains Top-Performing Dow Stock” with publication date: May 12, 2018.

Since December 14, 2017, it had 0 buys, and 5 insider sales for $10.28 million activity. MCGEARY RODERICK C sold 15,230 shares worth $578,740. On Monday, February 26 the insider BURNS M MICHELE sold $550,153. BARTZ CAROL sold $7.59M worth of stock or 200,000 shares. $625,751 worth of stock was sold by SARIN ARUN on Tuesday, February 20.

Investors sentiment increased to 1.03 in Q4 2017. 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. Moreover, Miracle Mile Ltd Liability Company has 0.05% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Perritt Mgmt Inc reported 8,956 shares or 0.1% of all its holdings. Sumitomo Life Ins has 169,988 shares for 0.82% of their portfolio. Pitcairn invested 0.13% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Princeton Strategies Grp Limited Liability Co holds 99,273 shares or 1.04% of its portfolio. F&V Capital Ltd Company holds 196,380 shares or 3.91% of its portfolio. Point72 Asia (Hong Kong) Ltd has 6 shares for 0% of their portfolio. Insight 2811 has invested 0.6% in Cisco Systems, Inc. (NASDAQ:CSCO). Amer Natl Ins Co Tx reported 441,585 shares stake. Reliant Invest Lc has invested 0.33% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Engines Ltd Llc holds 81 shares. Kanawha Cap Management Ltd Liability Company owns 226,244 shares or 1.27% of their US portfolio. Ontario Teachers Pension Plan Board holds 0.17% or 354,971 shares. Cardinal Cap Mgmt has invested 1.57% in Cisco Systems, Inc. (NASDAQ:CSCO). Bellecapital Interest Limited holds 3.43% or 110,911 shares in its portfolio.

James Investment Research Inc, which manages about $5.64B and $2.92 billion US Long portfolio, upped its stake in Sanderson Farms Inc (NASDAQ:SAFM) by 33,518 shares to 206,713 shares, valued at $28.69 million in 2017Q4, according to the filing. It also increased its holding in Capital One Financial Corp (NYSE:COF) by 18,700 shares in the quarter, for a total of 23,440 shares, and has risen its stake in Spdr Barclays Capital Converti (CWB).

Among 16 analysts covering Bloomin’ Brands (NASDAQ:BLMN), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Bloomin’ Brands had 39 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 19 by Goldman Sachs. As per Friday, April 27, the company rating was maintained by Barclays Capital. On Monday, November 6 the stock rating was maintained by Credit Suisse with “Neutral”. As per Wednesday, November 22, the company rating was downgraded by Bank of America. The stock of Bloomin' Brands, Inc. (NASDAQ:BLMN) has “Strong Buy” rating given on Monday, October 12 by CL King. The company was upgraded on Friday, March 2 by Deutsche Bank. Goldman Sachs downgraded Bloomin' Brands, Inc. (NASDAQ:BLMN) rating on Friday, January 19. Goldman Sachs has “Sell” rating and $17.0 target. On Friday, May 19 the stock rating was downgraded by Wells Fargo to “Market Perform”. On Wednesday, January 24 the stock rating was maintained by Barclays Capital with “Overweight”. Jefferies maintained it with “Hold” rating and $24.0 target in Friday, February 23 report.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.08, from 0.82 in 2017Q3. It improved, as 25 investors sold BLMN shares while 74 reduced holdings. 44 funds opened positions while 45 raised stakes. 87.88 million shares or 2.54% more from 85.71 million shares in 2017Q3 were reported. Morgan Stanley stated it has 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Royal Bank Of Canada reported 5,581 shares. Ahl Prtn Limited Liability Partnership reported 0.25% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Deprince Race Zollo Incorporated invested 0.03% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Employees Retirement System Of Ohio has 0% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN). Hbk Invs LP reported 242,600 shares. New York State Common Retirement Fund owns 0.03% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN) for 1.24 million shares. Pnc Services Gru holds 0% or 28,240 shares. Tci Wealth Advsr Inc holds 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN) for 159 shares. Point72 Asia (Hong Kong) stated it has 0.02% in Bloomin' Brands, Inc. (NASDAQ:BLMN). First Tru Advsr Limited Partnership reported 52,156 shares stake. Barclays Plc, United Kingdom-based fund reported 31,812 shares. Suntrust Banks reported 0.02% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Sei Investments Company reported 0.14% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Nwq Inv Mngmt Ltd Liability has invested 0.09% in Bloomin' Brands, Inc. (NASDAQ:BLMN).

More news for Bloomin' Brands, Inc. (NASDAQ:BLMN) were recently published by: Streetinsider.com, which released: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” on May 15, 2018. Streetinsider.com‘s article titled: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” and published on May 15, 2018 is yet another important article.

Analysts await Bloomin' Brands, Inc. (NASDAQ:BLMN) to report earnings on July, 25. They expect $0.32 EPS, up 14.29% or $0.04 from last year’s $0.28 per share. BLMN’s profit will be $29.70 million for 16.68 P/E if the $0.32 EPS becomes a reality. After $0.71 actual EPS reported by Bloomin' Brands, Inc. for the previous quarter, Wall Street now forecasts -54.93% negative EPS growth.

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By1 David Stenberg

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