Cisco Systems Sees Significant Investment from Evanson Financial LLC
Cisco Systems, Inc., the network equipment provider, has seen significant investments from various institutional investors. Evanson Financial LLC is one of them, as it purchased a new stake in Cisco Systems in the second quarter, acquiring 75,627 shares valued at approximately $8,883,000.
This investment brings Cisco Systems' total value to $476.44 billion, with a debt-to-equity ratio of 0.40 and a quick ratio of 0.81.
Vanguard Group Inc., State Street Corp, Morgan Stanley, Invesco Ltd., and Norges Bank have also increased their stakes in Cisco Systems in the fourth quarter, collectively owning 73.33% of the stock.