Karpus Management Has Decreased Mfs Inter Income Tr Sh Ben Int (MIN) Stake by $6.58 Million; Market Value Declined; Peak Asset Management Has Lowered Stake in Cisco Sys (CSCO) by $406,980 as Market Valuation Rose

May 15, 2018 - By Michael Collier

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Karpus Management Inc decreased its stake in Mfs Inter Income Tr Sh Ben Int (MIN) by 43.93% based on its latest 2017Q4 regulatory filing with the SEC. Karpus Management Inc sold 1.64 million shares as the company’s stock declined 4.80% with the market. The institutional investor held 2.10 million shares of the company at the end of 2017Q4, valued at $8.71M, down from 3.74M at the end of the previous reported quarter. Karpus Management Inc who had been investing in Mfs Inter Income Tr Sh Ben Int for a number of months, seems to be less bullish one the $450.92 million market cap company. The stock decreased 0.39% or $0.015 during the last trading session, reaching $3.83. About 196,996 shares traded. MFS Intermediate Income Trust (NYSE:MIN) has declined 7.63% since May 15, 2017 and is downtrending. It has underperformed by 19.18% the S&P500.




Peak Asset Management Llc decreased its stake in Cisco Sys Inc (CSCO) by 5.86% based on its latest 2017Q4 regulatory filing with the SEC. Peak Asset Management Llc sold 10,710 shares as the company’s stock rose 10.71% while stock markets declined. The hedge fund held 172,167 shares of the technology company at the end of 2017Q4, valued at $6.59M, down from 182,877 at the end of the previous reported quarter. Peak Asset Management Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $218.96B market cap company. The stock decreased 0.55% or $0.25 during the last trading session, reaching $45.45. About 16.72 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 15, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Another recent and important MFS Intermediate Income Trust (NYSE:MIN) news was published by Businesswire.com which published an article titled: “MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds” on April 23, 2018.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.26, from 0.92 in 2017Q3. It is positive, as 7 investors sold MIN shares while 15 reduced holdings. 10 funds opened positions while 16 raised stakes. 35.90 million shares or 4.91% more from 34.22 million shares in 2017Q3 were reported. Cambridge Inv Rech Advsr reported 67,804 shares. Finance Invest Management Grp owns 359,108 shares or 0.52% of their US portfolio. Lpl Fincl Llc holds 0.01% in MFS Intermediate Income Trust (NYSE:MIN) or 809,609 shares. Sei holds 0% or 2,108 shares. Philadelphia Tru holds 16,100 shares or 0.01% of its portfolio. Of Vermont accumulated 930 shares. Moreover, Optimum Advisors has 0.02% invested in MFS Intermediate Income Trust (NYSE:MIN) for 15,325 shares. Raymond James Trust Na invested in 10,300 shares or 0% of the stock. Smith Moore And Communication owns 31,389 shares for 0.04% of their portfolio. Woodmont Invest Counsel Ltd Com invested in 0.01% or 10,000 shares. Delta Asset Ltd Liability Tn holds 0% or 3,385 shares. Greatmark Invest Prns Inc owns 28,244 shares for 0.04% of their portfolio. Natl Asset Mgmt Incorporated, New York-based fund reported 93,559 shares. Institute For Wealth Management Lc, a Colorado-based fund reported 19,225 shares. The Virginia-based Dixon Hubard Feinour And Brown Inc Va has invested 0.14% in MFS Intermediate Income Trust (NYSE:MIN).

Karpus Management Inc, which manages about $2.60B and $2.17B US Long portfolio, upped its stake in Nuveen Amt (NEA) by 1.01 million shares to 3.42 million shares, valued at $47.02M in 2017Q4, according to the filing. It also increased its holding in Aberdeen Singapore Fd Inc Com (SGF) by 47,373 shares in the quarter, for a total of 308,910 shares, and has risen its stake in Vanguard Intl Equity Index Fd Allwrld Ex Us (VEU).

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It is positive, 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. Acg Wealth invested in 101,279 shares or 0.57% of the stock. Blackrock stated it has 0.61% in Cisco Systems, Inc. (NASDAQ:CSCO). Citizens And Northern Corporation owns 0.32% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 11,878 shares. New Mexico Educational Retirement Board owns 480,624 shares or 0.7% of their US portfolio. Stephens Ar stated it has 359,028 shares or 0.51% of all its holdings. 2.02M are held by Nomura Inc. Legal & General Gp Pcl reported 25.64M shares. Gilman Hill Asset Mgmt Llc, a Connecticut-based fund reported 32,245 shares. Myriad Asset Mgmt Ltd holds 2.65% or 700,000 shares. Diligent Investors Limited owns 43,224 shares. Court Place Limited Liability has 146,173 shares for 2.31% of their portfolio. Bancshares reported 1.41 million shares stake. Fukoku Mutual Life Insurance holds 398,640 shares. Wilbanks Smith Thomas Asset Mngmt Ltd Llc, a Virginia-based fund reported 52,338 shares. Colony Ltd Liability has 520,134 shares.

Since December 14, 2017, it had 0 insider buys, and 5 insider sales for $10.28 million activity. $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by MCGEARY RODERICK C. 200,000 shares valued at $7.59M were sold by BARTZ CAROL on Thursday, December 14. Another trade for 14,189 shares valued at $625,751 was made by SARIN ARUN on Tuesday, February 20. Goeckeler David also sold $940,559 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16 after the close. They expect $0.59 EPS, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84B for 19.26 P/E if the $0.59 EPS becomes a reality. After $0.58 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

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