Epoch Investment Partners Has Cut Cisco Sys (CSCO) Position by $17.94 Million as Market Valuation Declined; Neuberger Berman Group Has Cut Holding in Michaels Companies (MIK) by $5.96 Million as Stock Declined




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Neuberger Berman Group Llc decreased its stake in Michaels Companies Inc (MIK) by 39.79% based on its latest 2018Q3 regulatory filing with the SEC. Neuberger Berman Group Llc sold 372,566 shares as the company’s stock declined 10.53% with the market. The institutional investor held 563,661 shares of the consumer services company at the end of 2018Q3, valued at $9.15 million, down from 936,227 at the end of the previous reported quarter. Neuberger Berman Group Llc who had been investing in Michaels Companies Inc for a number of months, seems to be less bullish one the $2.27 billion market cap company. The stock increased 2.43% or $0.34 during the last trading session, reaching $14.32. About 1.68M shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 29.32% since February 28, 2018 and is downtrending. It has underperformed by 29.32% the S&P500. Some Historical MIK News: 22/03/2018 – Michaels Cos. Sees FY18 Same-Store Sales Flat to Up 1.5%; 22/03/2018 – MICHAELS COMPANIES INC MIK.O SEES FY 2018 SALES $5.217 BLN TO $5.293 BLN; 14/03/2018 – Moved By Tragic Diabetes Story, Fellow Type 1, Bret Michaels, Looks To Insulin Resolution; 22/03/2018 – Michaels Cos. to Rebrand Framerspointe.com as AaronBrothers.com; 17/05/2018 – Michaels Recalls Pottery Wheel Kits Due to Fire and Burn Hazard; 22/03/2018 – Michaels Cos. 4Q EPS $1.11; 21/03/2018 – Crafts retailer Michaels to close all Aaron Brothers stores; 22/03/2018 – MICHAELS COMPANIES INC – SEES 2018 COMPARABLE STORE SALES TO INCREASE BETWEEN 0% AND 1.5%; 22/03/2018 – Michaels Cos. 4Q Net $203M; 22/03/2018 – Michaels Cos. Sees FY18 Capex $160 Million-$170 Million

Epoch Investment Partners Inc decreased its stake in Cisco Sys Inc (CSCO) by 6.17% based on its latest 2018Q3 regulatory filing with the SEC. Epoch Investment Partners Inc sold 373,792 shares as the company’s stock declined 0.45% with the market. The institutional investor held 5.68 million shares of the technology company at the end of 2018Q3, valued at $276.42 million, down from 6.06M at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $231.95 billion market cap company. The stock increased 0.80% or $0.41 during the last trading session, reaching $51.59. About 6 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.29% since February 28, 2018 and is uptrending. It has outperformed by 25.29% the S&P500. Some Historical CSCO News: 25/05/2018 – Cisco Buyout Prompts Entrepreneur to Help Others — Barron’s Blog; 07/03/2018 – Cisco Brings Visibility and Insights to IT’s Biggest Blind Spot: The WAN; 16/05/2018 – CISCO SEES 4Q REV. +4% TO +6%, EST. +4.79%; 29/03/2018 – SiriusDecisions Recognizes Cisco, Huron Consulting Group, Illumina, lmprivata and Vocera as Winners of the 2018 Return on Integration (ROI) Awards; 05/04/2018 – Colt Fast-Tracks the Delivery of New Services with Cisco Segment Routing and Ethernet VPN; 23/05/2018 – Cisco’s Talos Unit Warns Of Possible Cyberattack On Ukraine — MarketWatch; 09/04/2018 – Cisco Continues To Evolve Its Routing Portfolio for Mass-Scale Networking to Meet Carriers’ Needs; 30/05/2018 – Cisco Declares Quarterly Cash Dividend; 17/04/2018 – Internet networking company Cisco is looking toward a world powered by the 5G wireless standard; 23/05/2018 – CISCO SAYS IT SUSPECTS RUSSIAN GOV’T BEHIND HACKING CAMPAIGN AND WARNS IT MAY BE PLANNING ANOTHER ATTACK ON UKRAINE

More notable recent The Michaels Companies, Inc. (NASDAQ:MIK) news were published by: Nasdaq.com which released: “Hasbro, Inc. (HAS) Ex-Dividend Date Scheduled for January 31, 2019 – Nasdaq” on January 30, 2019, also Benzinga.com with their article: “10 Biggest Price Target Changes For Wednesday – Benzinga” published on February 06, 2019, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For February 6, 2019 – Benzinga” on February 06, 2019. More interesting news about The Michaels Companies, Inc. (NASDAQ:MIK) were released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for CIT Group, Devon Energy, Red Rock Resorts, The Michaels Companies, PCM, and Pareteum — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” published on January 31, 2019 as well as Seekingalpha.com‘s news article titled: “Mixed numbers from The Michaels Companies – Seeking Alpha” with publication date: August 30, 2018.

Analysts await The Michaels Companies, Inc. (NASDAQ:MIK) to report earnings on March, 28. They expect $1.45 EPS, up 21.85% or $0.26 from last year’s $1.19 per share. MIK’s profit will be $229.95M for 2.47 P/E if the $1.45 EPS becomes a reality. After $0.48 actual EPS reported by The Michaels Companies, Inc. for the previous quarter, Wall Street now forecasts 202.08% EPS growth.

Investors sentiment decreased to 0.91 in Q3 2018. Its down 0.42, from 1.33 in 2018Q2. It dropped, as 37 investors sold MIK shares while 80 reduced holdings. 39 funds opened positions while 68 raised stakes. 174.83 million shares or 10.08% less from 194.44 million shares in 2018Q2 were reported. Franklin Resources owns 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 12,002 shares. Blackrock reported 8.87 million shares. Thompson Siegel And Walmsley Lc owns 1.96 million shares or 0.41% of their US portfolio. State Of Wisconsin Inv Board invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Bank Of Montreal Can reported 925,049 shares. Toronto Dominion Bank & Trust has 19 shares. Jane Street Group Inc Ltd Liability Com holds 0% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK) for 46,455 shares. Tiaa Cref Inv Mngmt Ltd Liability holds 175,129 shares. Los Angeles Equity Rech holds 57,660 shares. Sun Life Inc holds 0.03% in The Michaels Companies, Inc. (NASDAQ:MIK) or 9,816 shares. Profund Advsr Ltd Liability reported 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). Morgan Stanley invested in 526,234 shares. New York State Common Retirement Fund holds 0.01% or 388,900 shares in its portfolio. Goldman Sachs Gru Inc holds 0% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK) for 878,690 shares. Dekabank Deutsche Girozentrale reported 304,500 shares.

Neuberger Berman Group Llc, which manages about $87.54B US Long portfolio, upped its stake in Express Scripts Holding Co (NASDAQ:ESRX) by 1.18M shares to 1.19M shares, valued at $112.81 million in 2018Q3, according to the filing. It also increased its holding in Marriott International (NASDAQ:MAR) by 21,209 shares in the quarter, for a total of 1.22 million shares, and has risen its stake in Ultimate Software Group Inc (NASDAQ:ULTI).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Mid-Morning Market Update: Markets Open Lower; Cisco Earnings Top Estimates – Nasdaq” on February 14, 2019, also Nasdaq.com with their article: “Infinera (INFN) Looks Good: Stock Adds 8.5% in Session – Nasdaq” published on February 25, 2019, Nasdaq.com published: “Technology Sector Update for 02/01/2019: CYOU, CLS, KLIC, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” on February 01, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Can FireEye Rally Above Its IPO Price This Year? – Nasdaq” published on February 12, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 02/11/2019: RGSE,DPW, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” with publication date: February 11, 2019.

Epoch Investment Partners Inc, which manages about $43.62B and $26.35 billion US Long portfolio, upped its stake in Colgate Palmolive Co (NYSE:CL) by 29,010 shares to 203,617 shares, valued at $13.63M in 2018Q3, according to the filing. It also increased its holding in Coca Cola European Partners by 93,724 shares in the quarter, for a total of 1.76M shares, and has risen its stake in Mettler Toledo International (NYSE:MTD).

Since September 11, 2018, it had 0 buys, and 10 insider sales for $27.62 million activity. The insider Tan Irving sold $1.36M. Goeckeler David sold $3.00M worth of stock or 63,050 shares. $3.32M worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by Kramer Kelly A. on Thursday, November 29. $1.52 million worth of stock was sold by BHATT PRAT on Friday, November 23. On Wednesday, December 19 BURNS M MICHELE sold $209,025 worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 4,744 shares. Robbins Charles also sold $10.28M worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 17.

Investors sentiment increased to 0.85 in Q3 2018. Its up 0.01, from 0.84 in 2018Q2. It improved, as 53 investors sold CSCO shares while 728 reduced holdings. 139 funds opened positions while 525 raised stakes. 3.15 billion shares or 3.12% less from 3.26 billion shares in 2018Q2 were reported. Summit Wealth Advisors Limited Liability Corp holds 0.1% or 7,656 shares in its portfolio. Cardinal Capital Mngmt stated it has 2.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Penobscot Management accumulated 139,205 shares. Acadian Asset Mngmt Ltd Com owns 0.02% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 90,820 shares. Jackson Wealth Management Ltd Llc reported 137,182 shares or 1.4% of all its holdings. Brown Brothers Harriman Company stated it has 0.04% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Cohen Capital Management has invested 2.49% in Cisco Systems, Inc. (NASDAQ:CSCO). 631,451 were reported by State Of Alaska Department Of Revenue. Convergence Investment Ltd Company reported 108,423 shares. Bkd Wealth Advisors Ltd has 140,348 shares. The Kentucky-based Regent Investment Ltd Liability Company has invested 1.17% in Cisco Systems, Inc. (NASDAQ:CSCO). Wealthcare Mgmt Ltd Liability Co reported 68 shares. Mogy Joel R Counsel has 3.44% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 526,896 shares. Spirit Of America Corporation owns 38,050 shares for 0.23% of their portfolio. Macquarie Ltd holds 1.32% or 16.65M shares in its portfolio.

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