Wespac Advisors Trimmed Its Cisco Sys (CSCO) Holding; Newbrook Capital Advisors LP Has Trimmed Its Alibaba Group Hldg LTD (BABA) Stake

February 24, 2018 - By Clifton Ray

Newbrook Capital Advisors Lp decreased Alibaba Group Hldg Ltd (BABA) stake by 35.26% reported in 2017Q3 SEC filing. Newbrook Capital Advisors Lp sold 259,006 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 22.58%. The Newbrook Capital Advisors Lp holds 475,487 shares with $82.12 million value, down from 734,493 last quarter. Alibaba Group Hldg Ltd now has $495.95B valuation. The stock increased 2.41% or $4.54 during the last trading session, reaching $193.29. About 16.94M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since February 24, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Wespac Advisors Llc decreased Cisco Sys Inc (CSCO) stake by 90.53% reported in 2017Q3 SEC filing. Wespac Advisors Llc sold 63,221 shares as Cisco Sys Inc (CSCO)’s stock declined 7.50%. The Wespac Advisors Llc holds 6,614 shares with $222,000 value, down from 69,835 last quarter. Cisco Sys Inc now has $211.97 billion valuation. The stock increased 2.47% or $1.06 during the last trading session, reaching $44. About 25.78 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 24, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.




Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 168 analyst reports since August 12, 2015 according to SRatingsIntel. Robert W. Baird maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Monday, November 13. Robert W. Baird has “Buy” rating and $210.0 target. The firm has “Buy” rating given on Friday, August 18 by UBS. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Friday, August 12 by Citigroup. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, October 28 report. The company was upgraded on Friday, August 12 by Raymond James. The rating was maintained by Bank of America with “Buy” on Thursday, September 7. Needham maintained the shares of BABA in report on Thursday, June 8 with “Buy” rating. The firm has “Outperform” rating given on Friday, August 12 by Credit Suisse. Barclays Capital maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Wednesday, August 2. Barclays Capital has “Overweight” rating and $180 target. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, August 26.

Newbrook Capital Advisors Lp increased Ptc Inc (NASDAQ:PTC) stake by 459,315 shares to 2.06 million valued at $116.06M in 2017Q3. It also upped Take (NASDAQ:TTWO) stake by 208,561 shares and now owns 765,802 shares. Universal Display Corp (NASDAQ:OLED) was raised too.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on May, 17. They expect $0.76 earnings per share, up 94.87% or $0.37 from last year’s $0.39 per share. BABA’s profit will be $1.95 billion for 63.58 P/E if the $0.76 EPS becomes a reality. After $1.34 actual earnings per share reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts -43.28% negative EPS growth.

Wespac Advisors Llc increased First Tr Exchange (FPE) stake by 46,988 shares to 190,080 valued at $3.82 million in 2017Q3. It also upped Cohen & Steers Reit & Pfd In (RNP) stake by 20,412 shares and now owns 58,297 shares. Vanguard Scottsdale Fds (VCIT) was raised too.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.16, from 1.18 in 2017Q2. It fall, 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. 238,868 were reported by Wilsey Asset Mgmt. Cambridge Inv Advsrs owns 515,334 shares or 0.23% of their US portfolio. Swedbank invested in 1.78% or 8.66 million shares. Staley Capital Advisers owns 1.11M shares or 3.06% of their US portfolio. Heritage Wealth Advisors has 11,964 shares for 0.2% of their portfolio. Jolley Asset Mngmt Lc has invested 3.11% in Cisco Systems, Inc. (NASDAQ:CSCO). Rafferty Asset Mgmt Lc has invested 0.04% in Cisco Systems, Inc. (NASDAQ:CSCO). 696,630 are held by Skba Cap Mngmt Limited Liability Corporation. E&G Advsrs LP holds 24,935 shares. Advisor Prns Lc owns 93,987 shares. Hudson Valley Invest Advsr Incorporated Adv accumulated 138,625 shares. Pub Employees Retirement Association Of Colorado holds 0.22% or 886,944 shares. Manning & Napier Ltd Liability Com holds 0.23% or 810,114 shares in its portfolio. Livingston Group Inc Asset (Operating As Southport Management) invested in 115,896 shares or 1.66% of the stock. Invsts Asset Mgmt Of Georgia Ga Adv has invested 0.69% in Cisco Systems, Inc. (NASDAQ:CSCO).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. 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 18.64 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.

Since September 11, 2017, it had 0 insider purchases, and 7 sales for $16.35 million activity. $7.59 million worth of stock was sold by BARTZ CAROL on Thursday, December 14. BHATT PRAT also sold $821,900 worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 11. The insider MCGEARY RODERICK C sold $578,740. Another trade for 121,390 shares valued at $3.89 million was sold by Robbins Charles. $2.11 million worth of stock was sold by CHANDLER MARK D on Monday, September 18. $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by Walker Karen. The insider SARIN ARUN sold $625,751.

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