As Cisco Sys (CSCO) Shares Declined, Atwood & Palmer Has Lowered Its Stake by $1.50 Million; Boeing Company (BA) Holder Modera Wealth Management Decreased Stake by $432,054 as Stock Value Rose

February 20, 2018 - By Nellie Frank

Atwood & Palmer Inc decreased its stake in Cisco Sys Inc (CSCO) by 6.13% based on its latest 2017Q3 regulatory filing with the SEC. Atwood & Palmer Inc sold 45,305 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 693,771 shares of the technology company at the end of 2017Q3, valued at $23.33M, down from 739,076 at the end of the previous reported quarter. Atwood & Palmer Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $218.11B market cap company. The stock decreased 0.47% or $0.21 during the last trading session, reaching $44.12. About 6.93 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 20, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Modera Wealth Management Llc decreased its stake in Boeing Company (BA) by 40.49% based on its latest 2017Q3 regulatory filing with the SEC. Modera Wealth Management Llc sold 1,701 shares as the company’s stock rose 4.66% with the market. The institutional investor held 2,500 shares of the aerospace company at the end of 2017Q3, valued at $636,000, down from 4,201 at the end of the previous reported quarter. Modera Wealth Management Llc who had been investing in Boeing Company for a number of months, seems to be less bullish one the $209.04B market cap company. The stock increased 0.05% or $0.17 during the last trading session, reaching $355.21. About 1.25 million shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since February 20, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

Atwood & Palmer Inc, which manages about $599.83M and $690.69 million US Long portfolio, upped its stake in First Tr Exchange Traded Fd (IFV) by 47,410 shares to 2.31 million shares, valued at $49.31M in 2017Q3, according to the filing. It also increased its holding in Ebix Inc (NASDAQ:EBIX) by 15,936 shares in the quarter, for a total of 325,367 shares, and has risen its stake in Unum Group (NYSE:UNM).

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 150 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Oppenheimer given on Friday, February 12. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 15. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, June 15. The stock has “Buy” rating by UBS on Thursday, February 11. Bank of America maintained it with “Buy” rating and $53.0 target in Thursday, February 15 report. The company was maintained on Monday, February 8 by Stifel Nicolaus. On Wednesday, September 14 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Wednesday, August 16. Raymond James maintained it with “Buy” rating and $37.0 target in Thursday, November 16 report. The company was maintained on Thursday, August 18 by JMP Securities.

Since August 23, 2017, it had 0 insider purchases, and 6 selling transactions for $15.73 million activity. The insider Walker Karen sold 23,110 shares worth $740,883. BHATT PRAT also sold $821,900 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11. Shares for $3.89M were sold by Robbins Charles. 15,230 shares were sold by MCGEARY RODERICK C, worth $578,740. CHAMBERS JOHN T sold $7.79 million worth of stock. 200,000 shares were sold by BARTZ CAROL, worth $7.59 million.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Checchi Capital Advisers Ltd Liability holds 0.19% or 54,639 shares in its portfolio. Abner Herrman & Brock Ltd Limited Liability Company reported 0.27% in Cisco Systems, Inc. (NASDAQ:CSCO). Glenmede Trust Co Na holds 0.71% or 4.85M shares in its portfolio. Scotia Capital Inc has 0.19% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Sadoff Investment Management Ltd Liability Corporation, a Wisconsin-based fund reported 1.11M shares. Mai Capital Mgmt has 344,885 shares. Cornerstone Cap Lc owns 1.15 million shares for 0.3% of their portfolio. 465,350 were reported by Menora Mivtachim Ltd. Winslow Evans & Crocker invested 0.42% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Baldwin Brothers Ma stated it has 1,936 shares. The Illinois-based Segall Bryant & Hamill Llc has invested 0.14% in Cisco Systems, Inc. (NASDAQ:CSCO). Old Mutual Customised Solutions (Proprietary) Ltd reported 0.86% in Cisco Systems, Inc. (NASDAQ:CSCO). Oak Ridge Invs Lc, Illinois-based fund reported 13,815 shares. Heritage Investors Mngmt Corporation holds 766,193 shares or 1.66% of its portfolio. Pittenger And Anderson Inc reported 193,295 shares.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 21. They expect $0.53 EPS, 0.00% or $0.00 from last year’s $0.53 per share. CSCO’s profit will be $2.62B for 20.81 P/E if the $0.53 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.05, from 0.86 in 2017Q2. It dived, as 50 investors sold BA shares while 609 reduced holdings. 165 funds opened positions while 367 raised stakes. 411.79 million shares or 1.95% less from 419.99 million shares in 2017Q2 were reported. Mutual Of Omaha Retail Bank Wealth Management has 2,965 shares for 0.27% of their portfolio. Roosevelt Invest reported 19,221 shares or 0.45% of all its holdings. Glg Ltd Liability holds 0.43% of its portfolio in The Boeing Company (NYSE:BA) for 26,202 shares. Heritage Wealth Advisors stated it has 839 shares or 0.11% of all its holdings. Perkins Coie holds 0.63% or 4,792 shares. 165,737 are owned by Dekabank Deutsche Girozentrale. Lazard Asset Management Ltd Liability Corp owns 106,683 shares or 0.05% of their US portfolio. Ashfield Prtnrs Ltd Company holds 0.41% in The Boeing Company (NYSE:BA) or 12,005 shares. 112,285 were reported by Connor Clark & Lunn Inv Management Ltd. Edgar Lomax Va accumulated 181,205 shares. Cls Invests Limited Liability Company holds 145 shares. Caxton Associate Ltd Partnership reported 37,100 shares stake. 58,755 were reported by Bluemountain Mgmt. 3,535 were reported by New England Private Wealth Ltd Liability Co. Catawba Capital Mngmt Va has invested 1.21% in The Boeing Company (NYSE:BA).

Modera Wealth Management Llc, which manages about $1.59 billion and $443.83 million US Long portfolio, upped its stake in Spdr S&P 500 (SPY) by 1,680 shares to 13,618 shares, valued at $3.42M in 2017Q3, according to the filing. It also increased its holding in Merck & Co. Inc. (NYSE:MRK) by 12,720 shares in the quarter, for a total of 21,687 shares, and has risen its stake in Ishares 0 (STIP).

Among 25 analysts covering Boeing (NYSE:BA), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Boeing had 103 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, January 8 with “Buy”. The firm has “Neutral” rating given on Thursday, February 8 by Buckingham Research. Deutsche Bank maintained The Boeing Company (NYSE:BA) on Thursday, September 14 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 16. Canaccord Genuity maintained The Boeing Company (NYSE:BA) on Wednesday, July 26 with “Hold” rating. The stock of The Boeing Company (NYSE:BA) has “Buy” rating given on Wednesday, September 20 by Bernstein. Jefferies maintained it with “Buy” rating and $300.0 target in Monday, October 23 report. The stock of The Boeing Company (NYSE:BA) earned “Buy” rating by Cowen & Co on Wednesday, June 21. The company was upgraded on Friday, July 14 by J.P. Morgan. The stock has “Hold” rating by Canaccord Genuity on Thursday, February 1.

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