Fintel reports that on November 11, 2024, JP Morgan upgraded their outlook for Cisco Systems (BRSE:CSCO) from Neutral to Overweight.
What is the Fund Sentiment?
There are 4,448 funds or institutions reporting positions in Cisco Systems. This is an decrease of 42 owner(s) or 0.94% in the last quarter. Average portfolio weight of all funds dedicated to CSCO is 0.58%, an increase of 3.00%. Total shares owned by institutions increased in the last three months by 3.54% to 3,271,821K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 115,085K shares representing 2.88% ownership of the company. In its prior filing, the firm reported owning 114,484K shares , representing an increase of 0.52%. The firm decreased its portfolio allocation in CSCO by 6.95% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 103,926K shares representing 2.60% ownership of the company. In its prior filing, the firm reported owning 102,404K shares , representing an increase of 1.46%. The firm decreased its portfolio allocation in CSCO by 8.55% over the last quarter.
Geode Capital Management holds 94,368K shares representing 2.36% ownership of the company. In its prior filing, the firm reported owning 91,886K shares , representing an increase of 2.63%. The firm decreased its portfolio allocation in CSCO by 51.56% over the last quarter.
Charles Schwab Investment Management holds 81,043K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 77,850K shares , representing an increase of 3.94%. The firm decreased its portfolio allocation in CSCO by 31.05% over the last quarter.
Invesco Qqq Trust, Series 1 holds 77,595K shares representing 1.94% ownership of the company. In its prior filing, the firm reported owning 75,900K shares , representing an increase of 2.18%. The firm decreased its portfolio allocation in CSCO by 12.40% over the last quarter.
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