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New Age Alpha Advisors increased its Cisco Systems stake to 0.5%, worth $13.35 million, as Cisco missed earnings estimates.
New Age Alpha Advisors significantly increased its stake in Cisco Systems, acquiring 225,020 shares and now holding a 0.5% stake worth $13.35 million.
Meanwhile, Cisco reported $0.77 EPS, missing estimates by $0.14, and recently increased its quarterly dividend to $0.41 per share.
The company has a market cap of $244.27 billion, a P/E ratio of 26.81, and a dividend yield of 2.67%.
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New Age Alpha Advisors aumentó su participación en Cisco Systems al 0,5%, con un valor de $13,35 millones, según estimaciones de ganancias perdidas de Cisco.