Toronto Dominion Bank Lowered Its Position in Citrix Systems INC (CTXS) by $9.04 Million

May 24, 2018 - By Henry Gaston

Citrix Systems, Inc. (NASDAQ:CTXS) LogoInvestors sentiment decreased to 0.68 in 2017 Q4. Its down 0.21, from 0.89 in 2017Q3. It fall, as 41 investors sold CTXS shares while 201 reduced holdings. 52 funds opened positions while 112 raised stakes. 125.57 million shares or 4.04% less from 130.86 million shares in 2017Q3 were reported. State Street stated it has 0.04% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Blackrock invested in 0.04% or 9.65M shares. M&T National Bank invested in 14,064 shares or 0.01% of the stock. Smithfield Comm holds 0.01% or 530 shares in its portfolio. Germany-based Dekabank Deutsche Girozentrale has invested 0.03% in Citrix Systems, Inc. (NASDAQ:CTXS). Schwab Charles Invest Management reported 529,206 shares. Los Angeles Capital Equity Research Inc holds 535,943 shares or 0.26% of its portfolio. Franklin Resources Incorporated holds 0% or 22,149 shares in its portfolio. Great Lakes Advsrs Limited Com invested in 15,407 shares. Daiwa Securities Gp accumulated 4,531 shares. Suntrust Banks reported 0% in Citrix Systems, Inc. (NASDAQ:CTXS). Cap Financial Advisers Ltd Liability Co accumulated 0% or 3,905 shares. Tci Wealth Advisors Inc has 0% invested in Citrix Systems, Inc. (NASDAQ:CTXS). 50,802 are held by Bluecrest Cap Management Limited. Globeflex Capital Limited Partnership stated it has 12,776 shares or 0.31% of all its holdings.

Since January 3, 2018, it had 0 insider buys, and 9 selling transactions for $11.11 million activity. 11,688 shares were sold by Minahan Timothy A., worth $1.23M on Friday, May 18. 2,655 shares were sold by CALDERONI ROBERT, worth $243,310. HENSHALL DAVID J had sold 12,500 shares worth $1.16 million. COYLE MARK M sold 2,500 shares worth $222,250. $352,498 worth of Citrix Systems, Inc. (NASDAQ:CTXS) was sold by SOISSON JESSICA on Monday, May 14.

Toronto Dominion Bank decreased its stake in Citrix Systems Inc (CTXS) by 12.61% based on its latest 2017Q4 regulatory filing with the SEC. Toronto Dominion Bank sold 102,750 shares as the company’s stock rose 5.21% while stock markets declined. The institutional investor held 712,153 shares of the technology company at the end of 2017Q4, valued at $62.67M, down from 814,903 at the end of the previous reported quarter. Toronto Dominion Bank who had been investing in Citrix Systems Inc for a number of months, seems to be less bullish one the $14.45 billion market cap company. The stock increased 0.05% or $0.05 during the last trading session, reaching $106.6. About 564,957 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 10.64% since May 24, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Toronto Dominion Bank, which manages about $33.76 billion US Long portfolio, upped its stake in Encana Corp (NYSE:ECA) by 1.39M shares to 1.78 million shares, valued at $23.82 million in 2017Q4, according to the filing. It also increased its holding in Lockheed Martin Corp (NYSE:LMT) by 12,545 shares in the quarter, for a total of 110,288 shares, and has risen its stake in United Parcel Service Inc (NYSE:UPS).

Analysts await Citrix Systems, Inc. (NASDAQ:CTXS) to report earnings on August, 1. They expect $0.97 EPS, up 16.87 % or $0.14 from last year’s $0.83 per share. CTXS’s profit will be $131.46M for 27.47 P/E if the $0.97 EPS becomes a reality. After $1.14 actual EPS reported by Citrix Systems, Inc. for the previous quarter, Wall Street now forecasts -14.91 % negative EPS growth.

More news for Citrix Systems, Inc. (NASDAQ:CTXS) were recently published by: Benzinga.com, which released: “Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week” on May 08, 2018. Benzinga.com‘s article titled: “Citrix Added to Goldman Sachs’ Conviction List Ahead Of Analyst Day” and published on May 01, 2018 is yet another important article.

Citrix Systems, Inc. (NASDAQ:CTXS) Ratings Coverage

Among 12 analysts covering Citrix Systems (NASDAQ:CTXS), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. Citrix Systems had 18 analyst reports since December 14, 2017 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, January 8 by Barclays Capital. Bank of America maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Thursday, February 1 with “Neutral” rating. As per Tuesday, May 1, the company rating was upgraded by Goldman Sachs. The company was downgraded on Thursday, January 11 by Cowen & Co. The firm earned “Hold” rating on Thursday, February 1 by Stifel Nicolaus. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, April 26 report. The company was maintained on Thursday, January 4 by Robert W. Baird. Robert W. Baird maintained Citrix Systems, Inc. (NASDAQ:CTXS) rating on Wednesday, April 18. Robert W. Baird has “Outperform” rating and $110 target. As per Thursday, February 1, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained it with “Hold” rating and $86.0 target in Thursday, December 14 report.

Citrix Systems, Inc. (NASDAQ:CTXS) Institutional Positions Chart

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