As Harris Corp. (HRS) Market Value Declined, Wilen Investment Management Has Decreased Stake by $327,500; Cisco Systems (CSCO) Holder Hartford Investment Management Co Has Lowered Its Holding by $753,786

February 23, 2018 - By Maria Brooks

Wilen Investment Management Corp decreased its stake in Harris Corp. (HRS) by 9.85% based on its latest 2017Q3 regulatory filing with the SEC. Wilen Investment Management Corp sold 2,500 shares as the company’s stock declined 1.51% while stock markets rallied. The institutional investor held 22,890 shares of the industrial machinery and components company at the end of 2017Q3, valued at $3.00 million, down from 25,390 at the end of the previous reported quarter. Wilen Investment Management Corp who had been investing in Harris Corp. for a number of months, seems to be less bullish one the $18.80B market cap company. The stock increased 0.24% or $0.38 during the last trading session, reaching $158.37. About 254,241 shares traded. Harris Corporation (NYSE:HRS) has risen 39.09% since February 23, 2017 and is uptrending. It has outperformed by 22.39% the S&P500.

Hartford Investment Management Co decreased its stake in Cisco Systems Inc (CSCO) by 1.86% based on its latest 2017Q3 regulatory filing with the SEC. Hartford Investment Management Co sold 22,842 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 1.20M shares of the technology company at the end of 2017Q3, valued at $40.43M, down from 1.22 million at the end of the previous reported quarter. Hartford Investment Management Co who had been investing in Cisco Systems Inc for a number of months, seems to be less bullish one the $210.84 billion market cap company. The stock increased 1.92% or $0.825 during the last trading session, reaching $43.765. About 15.98M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 23, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.




Wilen Investment Management Corp, which manages about $240.00 million and $164.26 million US Long portfolio, upped its stake in Kraton Perform (NYSE:KRA) by 21,521 shares to 98,363 shares, valued at $3.89M in 2017Q3, according to the filing.

Analysts await Harris Corporation (NYSE:HRS) to report earnings on May, 2. They expect $1.64 EPS, up 18.84% or $0.26 from last year’s $1.38 per share. HRS’s profit will be $194.71M for 24.14 P/E if the $1.64 EPS becomes a reality. After $1.67 actual EPS reported by Harris Corporation for the previous quarter, Wall Street now forecasts -1.80% negative EPS growth.

Since September 8, 2017, it had 0 insider buys, and 3 selling transactions for $3.57 million activity. Another trade for 8,682 shares valued at $1.35 million was made by FOX SHELDON J on Thursday, February 15.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.06, from 0.93 in 2017Q2. It improved, as 33 investors sold HRS shares while 196 reduced holdings. 78 funds opened positions while 148 raised stakes. 99.32 million shares or 1.40% less from 100.73 million shares in 2017Q2 were reported. Amer Intl Gru Inc reported 35,708 shares. Webster State Bank N A reported 700 shares or 0.01% of all its holdings. Clear Harbor Asset Lc invested 0.62% in Harris Corporation (NYSE:HRS). Sumitomo Mitsui Asset Mgmt Ltd reported 9,076 shares or 0.02% of all its holdings. California Pub Employees Retirement Sys holds 288,042 shares or 0.06% of its portfolio. Zeke Capital Advisors Ltd Liability Com holds 1,937 shares or 0.03% of its portfolio. Financial Bank Of Nova Scotia, Ontario – Canada-based fund reported 20,862 shares. Advisory Services invested 0.04% in Harris Corporation (NYSE:HRS). Alliancebernstein LP stated it has 0.02% of its portfolio in Harris Corporation (NYSE:HRS). Northern holds 0.05% or 1.41M shares in its portfolio. State Treasurer State Of Michigan invested in 0.04% or 36,357 shares. Invesco Limited has invested 0.05% of its portfolio in Harris Corporation (NYSE:HRS). Credit Suisse Ag holds 145,493 shares or 0.02% of its portfolio. State Of Alaska Department Of Revenue owns 12,002 shares for 0.08% of their portfolio. St Germain D J stated it has 0.21% in Harris Corporation (NYSE:HRS).

Among 10 analysts covering Harris (NYSE:HRS), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Harris had 36 analyst reports since August 10, 2015 according to SRatingsIntel. On Monday, November 7 the stock rating was initiated by Seaport Global Securities with “Buy”. Barclays Capital upgraded the stock to “Equal-Weight” rating in Monday, August 10 report. The stock of Harris Corporation (NYSE:HRS) earned “Buy” rating by Jefferies on Friday, October 20. The rating was maintained by Jefferies on Monday, September 18 with “Buy”. Jefferies maintained the stock with “Buy” rating in Friday, July 7 report. The firm has “Outperform” rating given on Wednesday, November 4 by RBC Capital Markets. The rating was maintained by Jefferies with “Buy” on Thursday, August 17. The company was maintained on Wednesday, June 7 by Cowen & Co. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, February 3. The firm earned “Buy” rating on Friday, June 10 by Citigroup.

Hartford Investment Management Co, which manages about $5.30B US Long portfolio, upped its stake in Digital Realty Trust Inc (NYSE:DLR) by 9,537 shares to 44,231 shares, valued at $5.23 million in 2017Q3, according to the filing. It also increased its holding in Deere (NYSE:DE) by 4,960 shares in the quarter, for a total of 68,793 shares, and has risen its stake in Salesforce.Com Inc (NYSE:CRM).

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It is negative, 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. Fny Managed Accounts Lc stated it has 0.05% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Frontier Investment Mgmt reported 364,214 shares stake. Nationwide Fund Advisors accumulated 5.80 million shares. Engineers Gate Manager LP reported 70,140 shares. 127,301 are owned by Greenwood Ltd Liability Co. Hennessy Inc reported 331,560 shares. Citigroup Inc reported 9.44 million shares stake. Moreover, Interocean Limited Liability has 2.29% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Prentiss Smith Com Incorporated holds 105,125 shares. James Invest Inc invested 0.05% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). North Star Asset Management Inc has invested 0.31% in Cisco Systems, Inc. (NASDAQ:CSCO). 86,436 were accumulated by Bancorpsouth. Highlander Management Lc has 16,528 shares. Family Firm holds 0.14% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 10,230 shares. Glg Limited invested in 0.53% or 242,527 shares.

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 151 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Tuesday, September 5 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Sunday, February 11. Goldman Sachs maintained the stock with “Neutral” rating in Thursday, August 18 report. The firm earned “Hold” rating on Thursday, August 13 by Jefferies. The rating was upgraded by Nomura on Monday, February 12 to “Buy”. The rating was maintained by Jefferies with “Buy” on Friday, May 26. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by Stifel Nicolaus on Thursday, February 15. Citigroup maintained the stock with “Buy” rating in Thursday, November 16 report. The stock has “Buy” rating by Deutsche Bank on Thursday, August 18. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by UBS on Thursday, February 11.

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