Sadoff Investment Management Upped Cisco Sys (CSCO) Stake by $648,584; Cummins (CMI) Holding Has Boosted by Trustmark National Bank Trust Department

April 19, 2018 - By Ruchi Gupta

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Sadoff Investment Management Llc increased its stake in Cisco Sys Inc (CSCO) by 1.54% based on its latest 2017Q4 regulatory filing with the SEC. Sadoff Investment Management Llc bought 17,068 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 1.13 million shares of the technology company at the end of 2017Q4, valued at $43.16M, up from 1.11 million at the end of the previous reported quarter. Sadoff Investment Management Llc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $214.99 billion market cap company. The stock decreased 0.01% or $0.004 during the last trading session, reaching $44.626. About 14.60 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 19, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Trustmark National Bank Trust Department increased its stake in Cummins Inc (CMI) by 61.95% based on its latest 2017Q4 regulatory filing with the SEC. Trustmark National Bank Trust Department bought 4,160 shares as the company’s stock declined 9.68% with the market. The institutional investor held 10,875 shares of the industrial machinery and components company at the end of 2017Q4, valued at $1.92 million, up from 6,715 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Cummins Inc for a number of months, seems to be bullish on the $27.84 billion market cap company. The stock decreased 0.98% or $1.68 during the last trading session, reaching $169.15. About 1.05M shares traded. Cummins Inc. (NYSE:CMI) has risen 6.07% since April 19, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It increased, 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. Ameritas Partners reported 271,813 shares stake. New York-based Tiaa Cref Invest Mgmt Ltd Limited Liability Company has invested 0.75% in Cisco Systems, Inc. (NASDAQ:CSCO). Guardian Invest Management has 1.46% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 36,050 shares. One Cap Mgmt Lc reported 0.66% in Cisco Systems, Inc. (NASDAQ:CSCO). State Of Wisconsin Board invested in 6.48M shares. Rafferty Asset Mgmt Lc reported 38,563 shares stake. Gm Advisory has 0.25% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 24,294 shares. Plancorp Lc reported 0.12% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Anchor Cap Advisors Ltd Limited Liability Company reported 41,410 shares. Bourgeon Ltd Llc holds 1.52% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 72,570 shares. Ubs Asset Management Americas invested in 0.64% or 19.87 million shares. Clearbridge Ltd Liability Co reported 2.05% stake. Beacon Capital Management accumulated 27 shares or 0% of the stock. Meag Munich Ergo Kapitalanlagegesellschaft Mbh, Germany-based fund reported 533,461 shares. Cornerstone Investment Partners invested in 4.26% or 5.11 million shares.

Since December 14, 2017, it had 0 insider purchases, and 5 selling transactions for $10.28 million activity. Shares for $625,751 were sold by SARIN ARUN on Tuesday, February 20. 200,000 shares were sold by BARTZ CAROL, worth $7.59M. Goeckeler David sold 20,671 shares worth $940,559. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740.

Sadoff Investment Management Llc, which manages about $850.19M and $1.22 billion US Long portfolio, decreased its stake in Analog Devices Inc (NASDAQ:ADI) by 11,175 shares to 270,948 shares, valued at $24.12M in 2017Q4, according to the filing. It also reduced its holding in Lilly Eli & Co (NYSE:LLY) by 302,515 shares in the quarter, leaving it with 10,925 shares, and cut its stake in Texas Instrs Inc (NASDAQ:TXN).

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 155 analyst reports since August 4, 2015 according to SRatingsIntel. As per Thursday, November 16, the company rating was maintained by UBS. The stock has “Buy” rating by Wells Fargo on Wednesday, August 5. Oppenheimer maintained the shares of CSCO in report on Wednesday, June 28 with “Buy” rating. The rating was upgraded by Oppenheimer on Wednesday, June 21 to “Buy”. The firm has “Hold” rating by Jefferies given on Thursday, August 13. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Overweight” rating given on Monday, May 15 by Morgan Stanley. Jefferies maintained it with “Buy” rating and $48.0 target in Thursday, February 15 report. The company was upgraded on Monday, February 12 by Nomura. Cowen & Co maintained the shares of CSCO in report on Monday, February 12 with “Buy” rating. JP Morgan upgraded the shares of CSCO in report on Wednesday, April 6 to “Neutral” rating.

Among 30 analysts covering Cummins (NYSE:CMI), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. Cummins had 105 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of CMI in report on Wednesday, October 18 with “Hold” rating. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, November 8. The rating was downgraded by UBS on Tuesday, October 20 to “Neutral”. JP Morgan maintained the shares of CMI in report on Tuesday, April 10 with “Neutral” rating. RBC Capital Markets maintained it with “Hold” rating and $16600 target in Monday, June 5 report. The firm has “Hold” rating given on Wednesday, November 1 by Jefferies. The stock of Cummins Inc. (NYSE:CMI) has “Underweight” rating given on Wednesday, October 28 by Morgan Stanley. On Tuesday, October 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Sell” rating by Deutsche Bank given on Wednesday, September 7. The company was downgraded on Tuesday, September 22 by Deutsche Bank.

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.17, from 1.1 in 2017Q3. It is positive, as 47 investors sold CMI shares while 251 reduced holdings. 108 funds opened positions while 271 raised stakes. 131.82 million shares or 0.31% less from 132.23 million shares in 2017Q3 were reported. Cibc Ww has invested 0% of its portfolio in Cummins Inc. (NYSE:CMI). Bryn Mawr Trust reported 9,361 shares stake. Fulton Bankshares Na holds 13,598 shares or 0.17% of its portfolio. Farmers & Merchants Invs reported 7,800 shares. Bb&T Corp holds 0.02% or 6,923 shares in its portfolio. Cambridge Investment Rech Advisors Incorporated has 0.06% invested in Cummins Inc. (NYSE:CMI) for 29,219 shares. Laurel Grove Cap Limited invested 2.24% in Cummins Inc. (NYSE:CMI). Richard Bernstein Advsrs Ltd Liability Co has invested 0.1% of its portfolio in Cummins Inc. (NYSE:CMI). Apg Asset Mgmt Nv holds 0.56% or 2.07M shares. Essex Fincl holds 0.17% of its portfolio in Cummins Inc. (NYSE:CMI) for 4,025 shares. King Luther Mngmt Corporation reported 1,230 shares. Rodgers Brothers accumulated 17,185 shares or 0.99% of the stock. Security Retail Bank Of So Dak holds 0.93% or 4,852 shares. Cullen Cap Mngmt Limited Liability Company reported 0.01% in Cummins Inc. (NYSE:CMI). Agf Investments invested in 7,558 shares.

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

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