Cisco Systems, Inc. $CSCO Shares Purchased by Global X Japan Co. Ltd.

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Global X Japan Co. Ltd. significantly increased its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 304.8% during the fourth quarter, now owning 116,876 shares valued at $9,003,000. Other institutional investors also adjusted their holdings, with 73.33% of the stock owned by hedge funds and institutions. The company reported strong financial results, beating earnings expectations and increasing its quarterly dividend, while analysts maintain a “Moderate Buy” consensus rating.

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