River & Mercantile Asset Management Llp Decreased Its Cisco Systems (CSCO) Position; Tuniu Ads (TOUR) Shorts Up By 18.08%

February 15, 2018 - By Vivian Currie

Tuniu Corporation Ads (NASDAQ:TOUR) had an increase of 18.08% in short interest. TOUR’s SI was 1.57 million shares in February as released by FINRA. Its up 18.08% from 1.33M shares previously. With 1.07M avg volume, 2 days are for Tuniu Corporation Ads (NASDAQ:TOUR)’s short sellers to cover TOUR’s short positions. The SI to Tuniu Corporation Ads’s float is 4.24%. The stock increased 1.06% or $0.08 during the last trading session, reaching $7.63. About 40,635 shares traded. Tuniu Corporation (NASDAQ:TOUR) has declined 8.27% since February 15, 2017 and is downtrending. It has underperformed by 24.97% the S&P500.

River & Mercantile Asset Management Llp decreased Cisco Systems Inc (CSCO) stake by 18.09% reported in 2017Q3 SEC filing. River & Mercantile Asset Management Llp sold 23,500 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The River & Mercantile Asset Management Llp holds 106,400 shares with $3.58 million value, down from 129,900 last quarter. Cisco Systems Inc now has $216.78 billion valuation. The stock increased 4.18% or $1.76 during the last trading session, reaching $43.85. About 30.66 million shares traded or 19.48% 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.

Tuniu Corporation operates as an online leisure travel firm in China. The company has market cap of $962.62 million. The firm offers a selection of packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets selling, visa processing, financial, hotel booking, and air ticketing services for leisure travelers. It currently has negative earnings. It also provides advertising services to tourism boards and bureaus.

Among 3 analysts covering Tuniu (NASDAQ:TOUR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Tuniu had 5 analyst reports since December 8, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, April 26. On Tuesday, October 10 the stock rating was initiated by Credit Suisse with “Buy”. The stock of Tuniu Corporation (NASDAQ:TOUR) earned “Outperform” rating by Credit Suisse on Thursday, January 12. The company was initiated on Friday, May 20 by Deutsche Bank. The company was upgraded on Tuesday, December 8 by Morgan Stanley.

Since August 23, 2017, it had 0 buys, and 7 sales for $23.51 million activity. Shares for $7.79 million were sold by CHAMBERS JOHN T. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740. Shares for $2.11 million were sold by CHANDLER MARK D on Monday, September 18. Shares for $821,900 were sold by BHATT PRAT. The insider Walker Karen sold 23,110 shares worth $740,883. 200,000 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $7.59 million were sold by BARTZ CAROL. $3.89M worth of stock was sold by Robbins Charles on Monday, September 11.

River & Mercantile Asset Management Llp increased 3D Systems Corp (NYSE:DDD) stake by 117,900 shares to 238,021 valued at $3.18M in 2017Q3. It also upped Makemytrip Ltd (NASDAQ:MMYT) stake by 30,500 shares and now owns 112,350 shares. Paypal Holdings Inc was raised too.

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 $2.62 billion for 20.68 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.

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