Main Street Capital (MAIN) Forms $38.46 Double Bottom; Cullen Capital Management Has Lowered Its Cisco Systems (CSCO) Position

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Cullen Capital Management Llc decreased Cisco Systems Inc. (CSCO) stake by 12.14% reported in 2017Q4 SEC filing. Cullen Capital Management Llc sold 289,160 shares as Cisco Systems Inc. (CSCO)’s stock rose 10.71%. The Cullen Capital Management Llc holds 2.09 million shares with $80.18 million value, down from 2.38M last quarter. Cisco Systems Inc. now has $208.41 billion valuation. The stock decreased 0.71% or $0.31 during the last trading session, reaching $43.26. About 13.73 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 27, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Main Street Capital Corporation (MAIN) formed double bottom with $35.38 target or 8.00% below today’s $38.46 share price. Main Street Capital Corporation (MAIN) has $2.29B valuation. The stock decreased 0.03% or $0.01 during the last trading session, reaching $38.46. About 129,178 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 0.58% since May 27, 2017 and is uptrending. It has underperformed by 10.97% the S&P500.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. has $160 highest and $16 lowest target. $44.20’s average target is 2.17% above currents $43.26 stock price. Cisco Systems Inc. had 170 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Thursday, February 15. The firm has “Buy” rating by Drexel Hamilton given on Thursday, August 18. The firm has “Buy” rating given on Monday, November 13 by RBC Capital Markets. The firm has “Buy” rating by Deutsche Bank given on Thursday, February 11. Jefferies maintained the shares of CSCO in report on Thursday, August 13 with “Hold” rating. As per Tuesday, October 24, the company rating was maintained by Needham. Piper Jaffray maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Tuesday, October 10. Piper Jaffray has “Buy” rating and $36.0 target. Piper Jaffray maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Wednesday, January 10. Piper Jaffray has “Buy” rating and $44.0 target. Robert W. Baird maintained the shares of CSCO in report on Thursday, February 15 with “Buy” rating. The rating was downgraded by OTR Global to “Mixed” on Monday, October 31.

Investors sentiment increased to 1.03 in 2017 Q4. 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. Hourglass Cap Limited Liability Company holds 444,902 shares or 3.87% of its portfolio. Hugh Johnson Advisors Ltd stated it has 0.27% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Staley Cap Advisers holds 1.12M shares or 3.33% of its portfolio. Fmr Limited Co has invested 0.37% in Cisco Systems, Inc. (NASDAQ:CSCO). Aperio Group Inc Lc reported 3.83 million shares or 0.76% of all its holdings. 17,510 were reported by Univest Corporation Of Pennsylvania. Huntington State Bank accumulated 1.62 million shares or 0.99% of the stock. Wagner Bowman invested in 0.55% or 53,964 shares. Fincl Counselors Inc invested in 0.81% or 462,952 shares. Wetherby Asset Management holds 0.59% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 110,892 shares. State Of Wisconsin Board has 6.48M shares for 0.68% of their portfolio. Buckingham Capital Mgmt Inc invested 0.47% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). West Chester Advisors Inc reported 6,813 shares. Orrstown Svcs has 0.38% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 8,711 shares. Hendershot Incorporated reported 82,884 shares.

Cullen Capital Management Llc increased Lukoil Pjsc (Adr) stake by 35,000 shares to 183,360 valued at $10.57 million in 2017Q4. It also upped Vodafone Group Plc (Adr) (NASDAQ:VOD) stake by 94,931 shares and now owns 176,551 shares. Royal Dutch Shell Class B (RYDBF) was raised too.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Globenewswire.com which released: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” on May 23, 2018, also Seekingalpha.com with their article: “Cisco Systems: Should We Be Worried?” published on May 21, 2018, Livetradingnews.com published: “Cisco Systems, Inc. (NASDAQ:CSCO) Stock Oversold” on May 22, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: 247Wallst.com and their article: “Can Cisco Keep Up the Pace With Earnings?” published on May 16, 2018 as well as 247Wallst.com‘s news article titled: “Cisco Systems Remains Top-Performing Dow Stock” with publication date: May 12, 2018.

Since December 14, 2017, it had 0 insider purchases, and 5 insider sales for $10.28 million activity. Goeckeler David also sold $940,559 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. $578,740 worth of stock was sold by MCGEARY RODERICK C on Thursday, December 14. BARTZ CAROL sold 200,000 shares worth $7.59 million. Another trade for 14,189 shares valued at $625,751 was made by SARIN ARUN on Tuesday, February 20. BURNS M MICHELE sold $550,153 worth of stock.

Among 9 analysts covering Street Capital Group (NYSE:MAIN), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Street Capital Group had 21 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Main Street Capital Corporation (NYSE:MAIN) has “Hold” rating given on Tuesday, November 7 by Raymond James. The firm has “Buy” rating by RBC Capital Markets given on Sunday, November 5. RBC Capital Markets maintained it with “Buy” rating and $4100 target in Friday, August 4 report. The rating was downgraded by FBR Capital to “Mkt Perform” on Friday, January 20. The firm has “Sell” rating by National Securities given on Thursday, May 11. The firm has “Neutral” rating by National Securities given on Friday, August 7. SunTrust maintained the stock with “Hold” rating in Monday, February 26 report. On Friday, November 3 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of Main Street Capital Corporation (NYSE:MAIN) has “Outperform” rating given on Friday, August 7 by National Bank Canada. The rating was initiated by FBR Capital with “Buy” on Tuesday, March 27.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

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