Van ECK Associates Corp Has $65.11 Million Stake in Cisco Systems, Inc. $CSCO

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Van ECK Associates Corp increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.3% in the third quarter, bringing their total holdings to 951,673 shares valued at $65.11 million. Several other institutional investors have also adjusted their positions in the company. Cisco Systems has recently increased its quarterly dividend and received a “Moderate Buy” rating from analysts with an average price target of $89.55.

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