Bokf Na Trims Position in Cisco Systems, Inc. $CSCO

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Bokf Na reduced its stake in Cisco Systems by 15.0% in the fourth quarter, selling 77,378 shares and holding 437,027 shares worth $33.66 million. Despite this, several other institutional investors increased their holdings in CSCO, with Vanguard Group Inc. boosting its stake by 1.0% to over 398 million shares. Analysts maintain a “Moderate Buy” rating for Cisco, with an average price target of $90.29, and the company recently increased its quarterly dividend.

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