Cisco's Louisiana State Employees Retirement System reduces stake by 2.7%, holding 534,100 shares.
Cisco Systems, Inc. (NASDAQ:CSCO) saw a 2.7% reduction in shares held by the Louisiana State Employees Retirement System, now owning 534,100 shares. Institutional investors are adjusting their stakes, with some increasing their holdings. Cisco reported Q2 earnings of $0.87 EPS, surpassing estimates, and announced a quarterly dividend of $0.40. Despite expectations for improved demand, recovery signs remain limited. The company's market cap stands at $224.57 billion.
October 26, 2024
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