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flag Diametric Capital LP increased its stake in Cisco Systems, despite the company's recent earnings miss.

flag Diametric Capital LP recently bought $807,000 worth of Cisco Systems shares, adding to the 73.33% of the company's stock already owned by institutional investors. flag Despite a recent earnings miss, Cisco Systems, a major player in networking equipment, has a market cap of $245.50 billion and a dividend yield of 2.66%. flag Analysts have a "Moderate Buy" rating on the company, with a target price of $66.63.

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