Beacon Financial Group Has Raised Cisco Systems (CSCO) Stake; Blackrock Income Trust (BKT) Sentiment Is 1.38

The stock decreased 0.32% or $0.02 during the last trading session, reaching $6.17. About 37,218 shares traded. BlackRock Income Trust, Inc. (BKT) has declined 3.09% since January 4, 2017 and is downtrending. It has underperformed by 19.79% the S&P500.

Beacon Financial Group increased Cisco Systems Inc (CSCO) stake by 50.82% reported in 2017Q3 SEC filing. Beacon Financial Group acquired 12,644 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Beacon Financial Group holds 37,524 shares with $1.26M value, up from 24,880 last quarter. Cisco Systems Inc now has $193.64B valuation. The stock increased 0.80% or $0.31 during the last trading session, reaching $39.17. About 29.54M shares traded or 54.42% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 4, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Karpus Management Inc. holds 3.06% of its portfolio in BlackRock Income Trust, Inc. for 9.46 million shares. Sit Investment Associates Inc owns 8.79 million shares or 1.37% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.56% invested in the company for 1.58 million shares. The Colorado-based Icon Advisers Inc Co has invested 0.27% in the stock. Cue Financial Group Inc., a Arizona-based fund reported 38,005 shares.

Since August 23, 2017, it had 0 buys, and 7 insider sales for $23.51 million activity. 15,230 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $578,740 were sold by MCGEARY RODERICK C. CHAMBERS JOHN T sold 250,000 shares worth $7.79 million. Walker Karen sold $740,883 worth of stock or 23,110 shares. Robbins Charles sold 121,390 shares worth $3.89 million. The insider BHATT PRAT sold 25,638 shares worth $821,900. 200,000 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $7.59M were sold by BARTZ CAROL. $2.11M worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by CHANDLER MARK D.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It dived, 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. Green Square Cap Ltd Limited Liability Company has invested 1.19% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Forbes J M Limited Liability Partnership has 1.75% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 208,905 shares. First Long Island Investors Limited Liability Company reported 7,714 shares. Parthenon Ltd holds 1.52% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 190,881 shares. House Ltd reported 89,350 shares or 0.39% of all its holdings. Hendershot Inc holds 1.17% or 81,912 shares. Wunderlich Capital Managemnt owns 46,734 shares or 1.17% of their US portfolio. Chilton Mgmt Ltd Liability Company holds 7,101 shares. Peoples Fin Serv owns 39,550 shares or 0.75% of their US portfolio. Sfe Investment Counsel stated it has 25,270 shares or 0.36% of all its holdings. 26,396 were reported by Steinberg Global Asset Mgmt. Old Dominion Capital Mngmt stated it has 29,357 shares or 1% of all its holdings. 114,184 are owned by Umb Bankshares N A Mo. Roffman Miller Assoc Pa owns 0.09% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 19,678 shares. Davidson & Garrard holds 1.04% in Cisco Systems, Inc. (NASDAQ:CSCO) or 131,791 shares.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Cisco Systems Inc. has $160 highest and $16 lowest target. $35.87’s average target is -8.42% below currents $39.17 stock price. Cisco Systems Inc. had 132 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, June 14, the company rating was maintained by Oppenheimer. Barclays Capital maintained it with “Overweight” rating and $34 target in Thursday, August 18 report. Piper Jaffray maintained the shares of CSCO in report on Wednesday, November 15 with “Buy” rating. The rating was downgraded by Goldman Sachs on Wednesday, June 15 to “Neutral”. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 13. The firm has “Buy” rating by Robert W. Baird given on Monday, August 7. The firm has “Overweight” rating given on Wednesday, January 13 by Pacific Crest. The firm earned “Hold” rating on Monday, September 18 by Needham. The rating was maintained by RBC Capital Markets on Monday, July 31 with “Buy”. The rating was maintained by Citigroup on Tuesday, August 9 with “Buy”.