Poplar Forest Capital Holding in Cisco Sys (CSCO) Lifted as Stock Price Declined; Check Capital Management Has Boosted Position in Us Bancorp (USB) as Market Value Declined

February 15, 2018 - By Ellis Scott

Check Capital Management Inc increased its stake in Us Bancorp (USB) by 31.41% based on its latest 2017Q3 regulatory filing with the SEC. Check Capital Management Inc bought 25,575 shares as the company’s stock declined 6.89% while stock markets rallied. The hedge fund held 106,990 shares of the major banks company at the end of 2017Q3, valued at $5.73M, up from 81,415 at the end of the previous reported quarter. Check Capital Management Inc who had been investing in Us Bancorp for a number of months, seems to be bullish on the $91.33B market cap company. The stock decreased 0.29% or $0.16 during the last trading session, reaching $55.15. About 2.45 million shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since February 15, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Poplar Forest Capital Llc increased its stake in Cisco Sys Inc (CSCO) by 288.49% based on its latest 2017Q3 regulatory filing with the SEC. Poplar Forest Capital Llc bought 65,300 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 87,935 shares of the technology company at the end of 2017Q3, valued at $2.96 million, up from 22,635 at the end of the previous reported quarter. Poplar Forest Capital Llc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $214.41B market cap company. The stock increased 3.04% or $1.28 during the last trading session, reaching $43.37. About 34.06M shares traded or 32.74% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 15, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.




Among 32 analysts covering U.S. Bancorp (NYSE:USB), 9 have Buy rating, 4 Sell and 19 Hold. Therefore 28% are positive. U.S. Bancorp had 84 analyst reports since August 6, 2015 according to SRatingsIntel. Piper Jaffray maintained U.S. Bancorp (NYSE:USB) rating on Sunday, September 17. Piper Jaffray has “Hold” rating and $53.0 target. The company was maintained on Wednesday, October 7 by RBC Capital Markets. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Thursday, April 20 by Rafferty. The company was upgraded on Tuesday, September 8 by Deutsche Bank. Robert W. Baird maintained the shares of USB in report on Friday, October 6 with “Hold” rating. The stock of U.S. Bancorp (NYSE:USB) has “Underweight” rating given on Monday, November 14 by Morgan Stanley. The rating was maintained by Morgan Stanley on Friday, February 2 with “Underweight”. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Monday, November 28 by Jefferies. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Tuesday, September 5 by Robert W. Baird. The company was maintained on Thursday, June 8 by Jefferies.

Check Capital Management Inc, which manages about $796.94 million and $1.67B US Long portfolio, decreased its stake in Wyndham (NYSE:WYN) by 84,434 shares to 46,735 shares, valued at $4.93M in 2017Q3, according to the filing. It also reduced its holding in Lab Corp Of America (NYSE:LH) by 6,378 shares in the quarter, leaving it with 263,320 shares, and cut its stake in Ingredion (NYSE:INGR).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It worsened, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. First Merchants Corp owns 23,225 shares for 0.21% of their portfolio. 257,007 were reported by Gw Henssler And Assocs. Cypress reported 0.11% stake. Tdam Usa stated it has 0.79% in U.S. Bancorp (NYSE:USB). Balyasny Asset Mngmt Limited Liability Corporation has 0.66% invested in U.S. Bancorp (NYSE:USB). Horizon Kinetics Ltd Llc reported 8,768 shares. 19,700 are owned by Ballentine Prtn Llc. Interocean Limited Liability Com holds 1.26% or 158,359 shares. South Dakota Council reported 1.25M shares. Stewart And Patten Ltd stated it has 0.13% of its portfolio in U.S. Bancorp (NYSE:USB). Stillwater Capital Advsrs Ltd Company holds 223,934 shares. Metropolitan Life Insurance New York accumulated 751,662 shares. Price T Rowe Associates Md stated it has 0.24% of its portfolio in U.S. Bancorp (NYSE:USB). Arrowmark Colorado Limited Liability Company holds 0.23% or 376,332 shares in its portfolio. Mcdonald Capital Investors Ca has invested 0.04% in U.S. Bancorp (NYSE:USB).

Investors sentiment decreased to 1.02 in Q3 2017. 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. Pettyjohn Wood White owns 90,224 shares. First Savings Bank Sioux Falls reported 6,455 shares stake. Hl Ser Ltd holds 1.49% in Cisco Systems, Inc. (NASDAQ:CSCO) or 2.29 million shares. Fiduciary Tru Company holds 1.06% or 1.03M shares. Sumitomo Mitsui Trust Holdg Inc reported 15.24M shares. Leavell Investment Mgmt reported 0.27% in Cisco Systems, Inc. (NASDAQ:CSCO). Franklin Resources Inc has invested 0.64% in Cisco Systems, Inc. (NASDAQ:CSCO). Intrepid Management Inc reported 122,786 shares. Raymond James Trust Na invested in 0.96% or 397,781 shares. Jnba has 0.19% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Toronto Dominion Bank & Trust stated it has 2.27 million shares. 106,956 were reported by Tradition Capital Management Ltd Com. Catalyst Cap Ltd Liability Company stated it has 100 shares. Silvercrest Asset Mgmt Gru Limited Liability Company holds 3.97M shares or 1.33% of its portfolio. Moreover, Ww Asset Management has 0.51% invested in Cisco Systems, Inc. (NASDAQ:CSCO).

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 142 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Buy” on Monday, August 7. On Friday, September 23 the stock rating was maintained by Raymond James with “Outperform”. The rating was maintained by Goldman Sachs with “Buy” on Thursday, August 13. Stifel Nicolaus maintained the shares of CSCO in report on Tuesday, August 15 with “Hold” rating. The firm earned “Overweight” rating on Thursday, May 19 by Barclays Capital. Bernstein maintained the shares of CSCO in report on Wednesday, June 21 with “Buy” rating. Piper Jaffray maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Wednesday, August 16. Piper Jaffray has “Buy” rating and $36.0 target. The firm has “Buy” rating by Citigroup given on Thursday, August 18. On Thursday, August 18 the stock rating was maintained by JMP Securities with “Market Perform”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, June 29 by William Blair.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $23.51 million activity. Shares for $7.79M were sold by CHAMBERS JOHN T. The insider Robbins Charles sold 121,390 shares worth $3.89M. $821,900 worth of stock was sold by BHATT PRAT on Monday, September 11. 65,000 shares were sold by CHANDLER MARK D, worth $2.11M on Monday, September 18. 15,230 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $578,740 were sold by MCGEARY RODERICK C. Shares for $7.59M were sold by BARTZ CAROL.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: