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Miller Howard Investments Inc. NY Has $95.08 Million Stake in Cisco Systems, Inc. $CSCO
Miller Howard Investments Inc. NY maintained a significant stake in Cisco Systems, Inc. (NASDAQ:CSCO), owning 1,234,292 shares valued at $95.08 million, despite a slight reduction in their Q4 position. Cisco surpassed Q4 earnings estimates with an EPS of $1.04 and revenue of $15.35 billion, also raising its quarterly dividend to $0.42. The company maintains a “Moderate Buy” consensus rating from analysts with an average target price of $89.81, although insiders have recently sold shares.