Oppenheimer & Close Has Upped By $317,814 Its Cisco Sys (CSCO) Holding; Pioneer Tax Free Income Fund (PBF)’s Sentiment Is 0.86

June 14, 2018 - By Russell Anderson

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Pioneer Tax Free Income Fund (PBF) investors sentiment decreased to 0.86 in Q1 2018. It’s down -0.63, from 1.49 in 2017Q4. The ratio dived, as 119 institutional investors opened new or increased positions, while 138 sold and reduced equity positions in Pioneer Tax Free Income Fund. The institutional investors in our database now own: 104.33 million shares, down from 107.76 million shares in 2017Q4. Also, the number of institutional investors holding Pioneer Tax Free Income Fund in top ten positions decreased from 7 to 4 for a decrease of 3. Sold All: 40 Reduced: 98 Increased: 72 New Position: 47.

Oppenheimer & Close Llc increased Cisco Sys Inc (CSCO) stake by 4.38% reported in 2018Q1 SEC filing. Oppenheimer & Close Llc acquired 7,567 shares as Cisco Sys Inc (CSCO)’s stock declined 4.63%. The Oppenheimer & Close Llc holds 180,521 shares with $7.74M value, up from 172,954 last quarter. Cisco Sys Inc now has $210.10 billion valuation. The stock increased 1.51% or $0.67 during the last trading session, reaching $44.67. About 17.87 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 14, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: ; 18/04/2018 – Virtual Instruments Extends Cisco Integration to AppDynamics; 01/05/2018 – Transaction Expected to Close in Cisco’s 1Q19; 16/05/2018 – Cisco Systems Sees 4Q Non-GAAP Gross Margin Rate 63% – 64%; 16/05/2018 – Cisco Systems 3Q Cash, Equivalents, Investments $54.4B; 16/05/2018 – Cisco: Provision for Income Taxes Includes $11.1B Charge Related to Tax Cuts and Jobs Act for 9 Mos Ended April 28; 28/03/2018 – Cisco Systems: Elliott, Martinez Will Serve as Executive Officers; 16/05/2018 – Cisco Systems 3Q Non-GAAP Total Gross Margin and Pdt Gross Margin Were 63.9% and 62.9%, Respectively; 24/03/2018 – Mena Report: Azerbaijan : Ministry of Transport, Communications and High Technologies and Cisco sign MoU; 10/04/2018 – Cisco Tetration Workload Protection Extended with New Options: SaaS and Virtual Appliance; 28/03/2018 – ARISTA NETWORKS SAYS ON MARCH 23, ADMINISTRATIVE LAW JUDGE AT INTERNATIONAL TRADE COMMISSION ISSUED A RECOMMENDED DETERMINATION – SEC FILING

Analysts await PBF Energy Inc. (NYSE:PBF) to report earnings on August, 2. They expect $1.38 earnings per share, up 2,400.00% or $1.44 from last year’s $-0.06 per share. PBF’s profit will be $159.35 million for 8.57 P/E if the $1.38 EPS becomes a reality. After $-0.29 actual earnings per share reported by PBF Energy Inc. for the previous quarter, Wall Street now forecasts -575.86% EPS growth.

PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. The company has market cap of $5.46 billion. The firm operates through two divisions, Refining and Logistics. It has a 12.69 P/E ratio. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products.

The stock increased 0.49% or $0.23 during the last trading session, reaching $47.31. About 1.43M shares traded. PBF Energy Inc. (PBF) has risen 118.47% since June 14, 2017 and is uptrending. It has outperformed by 105.90% the S&P500. Some Historical PBF News: ; 10/04/2018 – PBF CHALMETTE LOUISIANA REFINERY RESTORES ALKY UNIT PRODUCTION; 08/05/2018 – PBF HOLDING COMPANY LLC – ACCORDION FEATURE IN THE CREDIT AGREEMENT ALLOWS FOR COMMITMENTS OF UP TO $3.5 BLN; 16/04/2018 – PBF Logistics Buys Cummin Terminal in Knoxville, Tenn; 05/04/2018 – PBF CHALMETTE REFINERY PLANS FCCU RESTART FOR LATE NEXT WEEK; 06/03/2018 – MASSIVE INCENTIVE TO EXPORT GASOLINE TO AVOID RIN COST: PBF; 19/04/2018 – PBF ENERGY PARTIALLY SHUTS SULFUR PLANT AT ITS DELAWARE CITY, DELAWARE, REFINERY AFTER LEAK; MINIMAL IMPACT ON PRODUCTION; 12/03/2018 – PBF Chalmette refinery hydrotreater operating after upset; 03/05/2018 – PBF Logistics 1Q Rev $64M; 06/03/2018 – PBF EXPORTING GASOLINE COMPONENTS TO MEXICO FROM TORRANCE: CEO; 10/04/2018 – PBF CHALMETTE REFINERY GASOLINE UNIT RESTART EXPECTED BY WEEKEND

Towle & Co holds 3.54% of its portfolio in PBF Energy Inc. for 985,130 shares. Snow Capital Management Lp owns 2.02 million shares or 3.14% of their US portfolio. Moreover, Baupost Group Llc Ma has 2.59% invested in the company for 7.92 million shares. The New York-based New Amsterdam Partners Llc Ny has invested 2.5% in the stock. Spark Investment Management Llc, a New York-based fund reported 791,402 shares.

Ratings analysis reveals 50% of PBF Energy’s analysts are positive. Out of 6 Wall Street analysts rating PBF Energy, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. PBF was included in 6 notes of analysts from October 11, 2016. The rating was upgraded by Goldman Sachs on Wednesday, April 5 to “Neutral”. The stock of PBF Energy Inc. (NYSE:PBF) earned “Sector Outperform” rating by Howard Weil on Wednesday, October 19. Wolfe Research upgraded PBF Energy Inc. (NYSE:PBF) on Monday, November 14 to “Outperform” rating. As per Tuesday, November 1, the company rating was upgraded by Tudor Pickering. Morgan Stanley downgraded the shares of PBF in report on Monday, February 27 to “Equal-Weight” rating. The rating was downgraded by Credit Suisse on Tuesday, October 11 to “Neutral”.

More recent PBF Energy Inc. (NYSE:PBF) news were published by: Seekingalpha.com which released: “PBF Energy Pulls Back On ‘Collapsing’ Biofuels Mandate Deal” on June 06, 2018. Also Prnewswire.com published the news titled: “PBF Energy to Attend the Wells Fargo West Coast Energy Conference” on June 08, 2018. Gurufocus.com‘s news article titled: “Seth Klarman Axes PBF Energy Stake” with publication date: June 12, 2018 was also an interesting one.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “3 Security Stocks in the Spotlight With Fresh Cyber Attacks” on June 12, 2018, also Nasdaq.com with their article: “We Could Make 52% From Cisco In 7 Months Or Less” published on June 04, 2018, Globenewswire.com published: “Cisco Declares Quarterly Cash Dividend” on May 30, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Globenewswire.com and their article: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” published on May 23, 2018 as well as Thestreet.com‘s news article titled: “It’s Not Cool Anymore for Companies to IPO: Former Cisco CEO John Chambers” with publication date: May 31, 2018.

Investors sentiment decreased to 0.73 in Q1 2018. Its down 0.30, from 1.03 in 2017Q4. It dived, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Moreover, Janney Cap Management Lc has 1.33% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 712,856 shares. 58,403 are owned by Alexandria Ltd Liability. Leisure Cap has invested 0.5% in Cisco Systems, Inc. (NASDAQ:CSCO). Bowling Portfolio Ltd Liability Co invested 0.17% in Cisco Systems, Inc. (NASDAQ:CSCO). The North Carolina-based National Bank & Trust Of America Corp De has invested 0.74% in Cisco Systems, Inc. (NASDAQ:CSCO). Evermay Wealth Mngmt Ltd Liability holds 32,424 shares. Regentatlantic Cap Ltd Liability Corp stated it has 245,521 shares. Randolph Inc holds 4.9% in Cisco Systems, Inc. (NASDAQ:CSCO) or 628,895 shares. 14,476 were reported by Autus Asset Mngmt Ltd Liability Company. North Dakota-based Bell Bank has invested 1.36% in Cisco Systems, Inc. (NASDAQ:CSCO). 1.15 million were reported by Commerzbank Aktiengesellschaft Fi. Guggenheim Cap Limited Liability Co accumulated 4.48 million shares or 0.47% of the stock. Mondrian Inv Prtn Limited holds 1.89% or 1.56M shares. The Minnesota-based White Pine Capital Ltd Com has invested 0.56% in Cisco Systems, Inc. (NASDAQ:CSCO). Garland Capital Incorporated invested in 141,286 shares or 4.22% of the stock.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Positions Chart

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