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As Primo Water (PRMW) Stock Rose, Next Century Growth Investors Raised Its Position; Blue Chip Partners Lifted Cisco Sys (CSCO) Stake by $303,838 as Valuation Rose

Primo Water Corporation (NASDAQ:PRMW) Logo

Blue Chip Partners Inc increased its stake in Cisco Sys Inc (CSCO) by 3.29% based on its latest 2018Q2 regulatory filing with the SEC. Blue Chip Partners Inc bought 7,066 shares as the company’s stock rose 6.54% with the market. The hedge fund held 221,847 shares of the technology company at the end of 2018Q2, valued at $9.55 million, up from 214,781 at the end of the previous reported quarter. Blue Chip Partners Inc who had been investing in Cisco Sys Inc for a number of months, seems to be bullish on the $212.88 billion market cap company. The stock decreased 2.85% or $1.39 during the last trading session, reaching $47.35. About 30.75M shares traded or 33.19% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 44.68% since December 5, 2017 and is uptrending. It has outperformed by 29.06% the S&P500. Some Historical CSCO News: 19/04/2018 – Cisco ACI Is Data Center Solution of Choice for Service Providers Worldwide; 13/04/2018 – FACTBOX-Russia’s list of U.S. imports that could be banned; 25/05/2018 – ISG Smartalks™ Webinar to Reveal Best Practices for Maximizing Value in Cisco Negotiations; 29/03/2018 – The Information: AT&T Develops Networking Switch, in Blow to Cisco; 07/03/2018 – Cisco Brings Visibility and Insights to lT’s Biggest Blind Spot: The WAN; 23/05/2018 – Cisco’s Talos cyber intelligence unit said it has high confidence that the Russian government is behind the campaign, dubbed VPNFilter

Next Century Growth Investors Llc increased its stake in Primo Water Corp (PRMW) by 14.71% based on its latest 2018Q2 regulatory filing with the SEC. Next Century Growth Investors Llc bought 44,935 shares as the company’s stock rose 16.52% with the market. The institutional investor held 350,373 shares of the food distributors company at the end of 2018Q2, valued at $6.13 million, up from 305,438 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Primo Water Corp for a number of months, seems to be bullish on the $538.72M market cap company. The stock decreased 3.79% or $0.55 during the last trading session, reaching $13.98. About 594,209 shares traded or 99.34% up from the average. Primo Water Corporation (NASDAQ:PRMW) has risen 68.09% since December 5, 2017 and is uptrending. It has outperformed by 52.47% the S&P500. Some Historical PRMW News: 22/05/2018 – Primo Water Announces Closing of Follow-On Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shrs; 06/03/2018 – PRIMO WATER CORP – QTRLY 2018 ADJUSTED EBITDA $61.0 MLN TO $63.0 MLN; 29/03/2018 – PRIMO WATER HAD 3 REPORTS OF HOT WATER LEAK, ONE BURN INJURY; 23/04/2018 – DJ Primo Water Corporation, Inst Holders, 1Q 2018 (PRMW); 06/03/2018 – Primo Water Had Seen 2018 Sales $291M-$300M; 06/03/2018 – RPT-PRIMO WATER CORP PRMW.O SEES FY 2018 SALES $298 MLN TO $302 MLN; 30/04/2018 – Primo Water Rises for 8 Days: Longest Streak Since IPO; 13/03/2018 – USGS: M 1.6 – 30km E of Primo Tapia, Mexico; 14/05/2018 – PRIMO WATER CORP – UPON COMPLETION OF OFFERING, COMPANY INTENDS TO REFINANCE ITS REMAINING OUTSTANDING SENIOR INDEBTEDNESS; 05/04/2018 – Primo TV Premieres Its First Original Scripted Series Five @ 305

Blue Chip Partners Inc, which manages about $214.43M and $377.75M US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 2,250 shares to 31,937 shares, valued at $5.91 million in 2018Q2, according to the filing. It also reduced its holding in V F Corp (NYSE:VFC) by 6,194 shares in the quarter, leaving it with 35,219 shares, and cut its stake in Toronto Dominion Bk Ont (NYSE:TD).

Investors sentiment increased to 0.84 in 2018 Q2. Its up 0.11, from 0.73 in 2018Q1. It is positive, as 61 investors sold CSCO shares while 733 reduced holdings. 133 funds opened positions while 531 raised stakes. 3.26 billion shares or 4.11% less from 3.40 billion shares in 2018Q1 were reported. Moreover, Mason Street Ltd Limited Liability Company has 0.64% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Price T Rowe Assocs Inc Md reported 0.43% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Rathbone Brothers Public Ltd Co reported 81,441 shares. Ativo Cap Mngmt Ltd Liability Corp accumulated 55,989 shares or 0.67% of the stock. Peapack Gladstone Financial Corp owns 332,060 shares or 0.75% of their US portfolio. Nwq Investment Management Limited Liability Corporation has 12,416 shares for 0.01% of their portfolio. 1,500 were reported by Thompson Davis & Incorporated. Grantham Mayo Van Otterloo And Company Ltd Company reported 1.88% stake. Country Bank & Trust, Illinois-based fund reported 1.19M shares. Whittier, a California-based fund reported 301,651 shares. Cannell Peter B And owns 171,015 shares. Illinois-based Peak6 Investments LP has invested 0.01% in Cisco Systems, Inc. (NASDAQ:CSCO). Wealthtrust Axiom Lc holds 2.45% or 161,445 shares. Boston Prtnrs stated it has 34.45 million shares. Botty Invsts Limited Liability Corp reported 0.43% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO).

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 182 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, February 11 by RBC Capital Markets. The company was maintained on Thursday, August 18 by Wunderlich. The firm has “Buy” rating given on Tuesday, September 5 by Cowen & Co. The stock has “Buy” rating by Piper Jaffray on Wednesday, April 18. The rating was maintained by Credit Suisse on Thursday, June 29 with “Buy”. The stock has “Buy” rating by Jefferies on Friday, May 26. BMO Capital Markets maintained it with “Hold” rating and $32.0 target in Wednesday, November 15 report. The rating was maintained by Goldman Sachs with “Buy” on Thursday, August 13. The firm has “Buy” rating given on Tuesday, November 24 by Suntrust Robinson. The firm earned “Buy” rating on Tuesday, November 14 by Wells Fargo.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Weekly Market Preview: Four Stocks To Watch For the Coming Week (HD, CSCO, WMT, NVDA) – Nasdaq” on November 11, 2018, also Nasdaq.com with their article: “Cisco Stock Is Back in Fashion, but Watch for a Global Downturn – Nasdaq” published on November 20, 2018, Nasdaq.com published: “Technology Sector Update for 11/15/2018: NTES,CSCO,MARK – Nasdaq” on November 15, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Buy Boring Cisco Systems as Market Uncertainties Grow – Nasdaq” published on November 20, 2018 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 11/21/2018: ABIL, CMCM, ADSK, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: November 21, 2018.

Since June 22, 2018, it had 0 insider purchases, and 8 sales for $26.37 million activity. The insider Kramer Kelly A. sold 70,000 shares worth $3.32 million. On Tuesday, September 18 Goeckeler David sold $3.00 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 63,050 shares. Robbins Charles also sold $10.28 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) on Monday, September 17. 33,950 shares valued at $1.52M were sold by BHATT PRAT on Friday, November 23. CHANDLER MARK D also sold $196,324 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares.

Investors sentiment increased to 2.55 in 2018 Q2. Its up 1.55, from 1 in 2018Q1. It improved, as 10 investors sold PRMW shares while 19 reduced holdings. 34 funds opened positions while 40 raised stakes. 23.00 million shares or 21.09% more from 18.99 million shares in 2018Q1 were reported. Wellington Management Group Limited Liability Partnership has invested 0.01% in Primo Water Corporation (NASDAQ:PRMW). Engineers Gate Manager Lp owns 50,063 shares. Pnc Fincl Ser Gru owns 39 shares for 0% of their portfolio. 12,810 are owned by Balyasny Asset Mgmt Ltd. Sheets Smith Wealth Management accumulated 15,631 shares. Tiaa Cref Investment Ltd Llc stated it has 0% in Primo Water Corporation (NASDAQ:PRMW). White Pine Capital Ltd Liability Corporation stated it has 136,660 shares. Blair William Company Il invested in 24,375 shares or 0% of the stock. Salem Inv Counselors holds 0.01% or 5,274 shares in its portfolio. Ameritas Invest Prns holds 0% or 2,247 shares in its portfolio. 47,400 were accumulated by Mackay Shields Ltd Com. Timpani Mgmt Ltd Company has invested 0.31% in Primo Water Corporation (NASDAQ:PRMW). State Street, Massachusetts-based fund reported 435,432 shares. Royal Retail Bank Of Canada holds 0% or 894 shares. Us Savings Bank De holds 0% or 9,874 shares.

Next Century Growth Investors Llc, which manages about $3.86B and $783.23 million US Long portfolio, decreased its stake in Old Dominion Freight Line (NASDAQ:ODFL) by 5,567 shares to 75,942 shares, valued at $11.31M in 2018Q2, according to the filing. It also reduced its holding in Meta Financial Group Inc. (NASDAQ:CASH) by 7,719 shares in the quarter, leaving it with 18,576 shares, and cut its stake in Swift Transportation Ho.

Since August 16, 2018, it had 0 insider purchases, and 6 selling transactions for $5.62 million activity. Shares for $26,934 were sold by Cauthen Michael.

More notable recent Primo Water Corporation (NASDAQ:PRMW) news were published by: Seekingalpha.com which released: “Primo Water Corporation (PRMW) CEO Matthew Sheehan on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 11, 2018, also Seekingalpha.com with their article: “Primo Water’s Strong Growth Continues, But It’s Not Enough To Make The Stock A Buy – Seeking Alpha” published on May 14, 2018, Zacks.com published: “Primo Water (PRMW) Earnings Expected to Grow: Should You Buy? – Zacks.com” on October 30, 2018. More interesting news about Primo Water Corporation (NASDAQ:PRMW) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For November 16, 2018 – Benzinga” published on November 16, 2018 as well as Nasdaq.com‘s news article titled: “New Age Beverages (NBEV) Surges: Stock Moves 5.4% Higher – Nasdaq” with publication date: October 05, 2018.

Among 8 analysts covering Primo Water (NASDAQ:PRMW), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Primo Water had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Primo Water Corporation (NASDAQ:PRMW) earned “Market Perform” rating by BMO Capital Markets on Thursday, May 24. The firm has “Outperform” rating given on Tuesday, October 11 by Barrington Research. Zacks upgraded Primo Water Corporation (NASDAQ:PRMW) rating on Wednesday, August 5. Zacks has “Hold” rating and $7.25 target. The stock has “Buy” rating by FBR Capital on Monday, March 5. The stock has “Buy” rating by Northland Capital on Monday, August 7. BMO Capital Markets upgraded the shares of PRMW in report on Friday, November 16 to “Outperform” rating. On Tuesday, October 3 the stock rating was maintained by Northland Capital with “Buy”. William Blair initiated Primo Water Corporation (NASDAQ:PRMW) on Thursday, May 24 with “Buy” rating. The stock of Primo Water Corporation (NASDAQ:PRMW) earned “Buy” rating by FBR Capital on Tuesday, June 26. The rating was downgraded by Barrington Research on Friday, October 30 to “Market Perform”.

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

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