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AEGON ASSET MANAGEMENT UK Plc Sells 36,163 Shares of Cisco Systems, Inc. $CSCO
AEGON ASSET MANAGEMENT UK Plc reduced its stake in Cisco Systems by 4.0% in the fourth quarter, selling 36,163 shares and retaining 875,385 shares valued at $67.44 million. Despite the sale, Cisco remains a significant holding for Aegon and has shown strong quarterly earnings, beating estimates and raising its dividend. The company also introduced a Universal Quantum Switch prototype, generating positive analyst sentiment regarding its potential in AI and quantum networking.