Viking Fund Management Trimmed Cisco Systems (CSCO) Holding By $420,000; Materion (MTRN) Had 0 Bullish Analysts

Materion Corporation (NYSE:MTRN) Logo

Among 4 analysts covering Materion (NYSE:MTRN), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Materion had 13 analyst reports since August 27, 2015 according to SRatingsIntel. Jefferies maintained Materion Corporation (NYSE:MTRN) on Tuesday, January 9 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Thursday, February 15. On Thursday, August 27 the stock rating was upgraded by Stifel Nicolaus to “Hold”. The firm earned “Hold” rating on Friday, June 2 by Jefferies. The firm has “Hold” rating given on Thursday, April 7 by Stifel Nicolaus. KeyBanc Capital Markets maintained Materion Corporation (NYSE:MTRN) on Thursday, October 12 with “Hold” rating. The stock of Materion Corporation (NYSE:MTRN) earned “Hold” rating by Jefferies on Wednesday, October 11. Wm Smith initiated Materion Corporation (NYSE:MTRN) rating on Thursday, November 3. Wm Smith has “Not Rated” rating and $35 target. On Friday, September 8 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained it with “Hold” rating and $3600 target in Thursday, July 27 report. See Materion Corporation (NYSE:MTRN) latest ratings:

15/02/2018 Broker: Jefferies Rating: Hold New Target: $47.5 Maintain
09/01/2018 Broker: Jefferies Rating: Hold New Target: $46.0 Maintain

Viking Fund Management Llc decreased Cisco Systems (CSCO) stake by 20% reported in 2018Q1 SEC filing. Viking Fund Management Llc sold 10,000 shares as Cisco Systems (CSCO)’s stock declined 4.63%. The Viking Fund Management Llc holds 40,000 shares with $1.72 million value, down from 50,000 last quarter. Cisco Systems now has $207.01B valuation. The stock decreased 0.67% or $0.29 during the last trading session, reaching $42.97. About 20.11 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since May 30, 2017 and is uptrending. It has outperformed by 25.03% the S&P500.

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.01, from 1.04 in 2017Q4. It worsened, as 13 investors sold Materion Corporation shares while 56 reduced holdings. 22 funds opened positions while 49 raised stakes. 17.34 million shares or 1.90% less from 17.68 million shares in 2017Q4 were reported. Phocas stated it has 1.18% of its portfolio in Materion Corporation (NYSE:MTRN). Employees Retirement Association Of Colorado reported 0% of its portfolio in Materion Corporation (NYSE:MTRN). Oppenheimer Inc owns 35,650 shares. Wellington Management Gp Ltd Liability Partnership owns 0% invested in Materion Corporation (NYSE:MTRN) for 6,881 shares. 8,900 are owned by Louisiana State Employees Retirement System. State Of Tennessee Treasury Department reported 14,308 shares stake. Swiss State Bank accumulated 34,900 shares. 55,886 were accumulated by Rhumbline Advisers. Credit Suisse Ag reported 0% in Materion Corporation (NYSE:MTRN). Deutsche Fincl Bank Ag reported 0% stake. Barclays Plc holds 8,089 shares or 0% of its portfolio. Tower Rech Capital Limited Com (Trc) holds 0.02% of its portfolio in Materion Corporation (NYSE:MTRN) for 3,623 shares. Comerica Bank & Trust has invested 0.01% in Materion Corporation (NYSE:MTRN). New York State Common Retirement Fund accumulated 37,271 shares. Mackay Shields Limited Com has invested 0.01% in Materion Corporation (NYSE:MTRN).

Since January 16, 2018, it had 0 buys, and 5 sales for $1.48 million activity. On Tuesday, May 8 the insider SHULAR CRAIG S sold $409,997. KEITHLEY JOSEPH P sold $404,790 worth of stock. Chemnitz Gregory R. had sold 5,000 shares worth $260,100. $124,397 worth of Materion Corporation (NYSE:MTRN) shares were sold by Kelley Joseph P.

Another recent and important Materion Corporation (NYSE:MTRN) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for Lincoln Electric, Cytosorbents, Materion, Fortune Brands Home & Security …” on May 04, 2018.

Materion Corporation manufactures and sells advanced engineered materials used in consumer electronics, industrial components, defense, medical, automotive electronics, telecommunications infrastructure, energy, commercial aerospace, science, services, and appliance markets worldwide. The company has market cap of $1.09 billion. The firm operates through four divisions: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. It has a 96.34 P/E ratio. The Performance Alloys and Composites segment provides strip products, including thin gauge precision strips, and small diameter rod and wire; copper, nickel, and beryllium alloys manufactured in plate, rod, bar, tube, and other customized forms; beryllium hydroxide; and beryllium products, such as beryllium and aluminum metal matrix composites, beryllia ceramics, and bulk metallic glass materials.

The stock decreased 0.74% or $0.4 during the last trading session, reaching $53.95. About 121,789 shares traded or 0.31% up from the average. Materion Corporation (NYSE:MTRN) has risen 57.99% since May 30, 2017 and is uptrending. It has outperformed by 45.42% the S&P500.

Viking Fund Management Llc increased Anadarko Petrole (NYSE:APC) stake by 30,000 shares to 90,000 valued at $5.44 million in 2018Q1. It also upped Chevron Corp (NYSE:CVX) stake by 3,000 shares and now owns 25,650 shares. Rsp Permian Inc (NYSE:RSPP) was raised too.

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It worsened, 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. Godsey And Gibb stated it has 0% in Cisco Systems, Inc. (NASDAQ:CSCO). Wellcome Trust (The) As Trustee Of The Wellcome Trust holds 6.50 million shares. First Manhattan has invested 0.11% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Boltwood Cap Management invested in 0.45% or 15,374 shares. Comerica Secs holds 132,061 shares. Colony Gru Ltd Liability accumulated 1.18% or 507,267 shares. Oregon Public Employees Retirement Fund reported 1.44 million shares. 9,015 were accumulated by Milestone Gru. Kames Capital Public Ltd Com has 2.09 million shares. Stillwater Limited Liability Company has invested 1.34% in Cisco Systems, Inc. (NASDAQ:CSCO). Cwh Management stated it has 5,238 shares or 0.11% of all its holdings. Ruggie Group Inc accumulated 2,874 shares. Papp L Roy & Associates reported 38,825 shares. Cutter Brokerage accumulated 15,740 shares. Moreno Evelyn V holds 114,235 shares.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 170 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Outperform” rating and $40 target in Thursday, August 18 report. Piperjaffray maintained the stock with “Overweight” rating in Thursday, August 18 report. The rating was downgraded by Goldman Sachs on Monday, February 8 to “Buy”. Wunderlich maintained it with “Hold” rating and $27 target in Thursday, August 18 report. The firm has “Buy” rating given on Tuesday, June 20 by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, November 14 by Wells Fargo. The stock has “Buy” rating by Stifel Nicolaus on Monday, February 8. The stock has “Buy” rating by Cowen & Co on Monday, May 14. As per Friday, August 4, the company rating was maintained by Oppenheimer. The firm has “Equal-Weight” rating given on Thursday, August 18 by Morgan Stanley.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Globenewswire.com which released: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” on May 23, 2018, also Seekingalpha.com with their article: “Cisco Systems: Should We Be Worried?” published on May 21, 2018, 247Wallst.com published: “Can Cisco Keep Up the Pace With Earnings?” on May 16, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: 247Wallst.com and their article: “Cisco Systems Remains Top-Performing Dow Stock” published on May 12, 2018 as well as 247Wallst.com‘s news article titled: “Cisco Still Holds Rank as Top Performing Dow Stock” with publication date: May 05, 2018.

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