Toronto Dominion Bank Lowered Citrix Systems INC (CTXS) Position as Stock Price Rose

May 24, 2018 - By Winifred Garcia

Citrix Systems, Inc. (NASDAQ:CTXS) LogoInvestors sentiment decreased to 0.68 in Q4 2017. Its down 0.21, from 0.89 in 2017Q3. It is negative, 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. Pnc Services reported 0% stake. Great Lakes Limited Liability Co accumulated 15,407 shares or 0.03% of the stock. Glg Prns Ltd Partnership holds 0.17% or 40,978 shares. Cim Invest Mangement Incorporated invested in 0.14% or 4,805 shares. Cornerstone Advsr has 481 shares for 0.03% of their portfolio. Mutual Of America Mgmt Ltd Limited Liability Company holds 0.03% in Citrix Systems, Inc. (NASDAQ:CTXS) or 19,542 shares. Johnson Fincl holds 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) for 22 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 6,893 shares. Sei Investments Com reported 44,647 shares or 0.01% of all its holdings. Credit Agricole S A holds 36,847 shares. Goodman Financial holds 0% or 35 shares. First Citizens Bank Com reported 24,749 shares. Nuveen Asset Mgmt Limited Liability Corp invested 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Public Employees Retirement Association Of Colorado reported 29,541 shares or 0.02% of all its holdings. Moreover, Bartlett Com Lc has 0% invested in Citrix Systems, Inc. (NASDAQ:CTXS).

Since January 3, 2018, it had 0 buys, and 9 selling transactions for $11.11 million activity. Shares for $352,498 were sold by SOISSON JESSICA. COYLE MARK M sold $222,250 worth of stock or 2,500 shares. $1.23M worth of stock was sold by Minahan Timothy A. on Friday, May 18. VAN ROTTERDAM JEROEN also sold $424,348 worth of Citrix Systems, Inc. (NASDAQ:CTXS) shares. The insider HENSHALL DAVID J sold 12,500 shares worth $1.16 million.

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 $62.67 million, 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 $14.45B 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 Canadian Natural Resources Ltd (NYSE:CNQ) by 2.43M shares to 2.82 million shares, valued at $101.18M in 2017Q4, according to the filing. It also increased its holding in Texas Instruments Inc (NASDAQ:TXN) by 48,760 shares in the quarter, for a total of 431,506 shares, and has risen its stake in Canadian Imperial Bank Of Commerce (Call) (NYSE:CM).

Analysts await Citrix Systems, Inc. (NASDAQ:CTXS) to report earnings on August, 1. They expect $0.97 earnings per share, up 16.87 % or $0.14 from last year’s $0.83 per share. CTXS’s profit will be $131.46 million for 27.47 P/E if the $0.97 EPS becomes a reality. After $1.14 actual earnings per share 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:, which released: “Citrix Added to Goldman Sachs’ Conviction List Ahead Of Analyst Day” on May 01, 2018.‘s article titled: “Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week” and published on May 08, 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 company was upgraded on Tuesday, May 1 by Goldman Sachs. On Thursday, April 26 the stock rating was downgraded by Berenberg to “Hold”. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, February 1 report. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Underweight” rating by Morgan Stanley on Thursday, February 1. Barclays Capital downgraded the shares of CTXS in report on Monday, January 8 to “Equal-Weight” rating. Cowen & Co downgraded it to “Hold” rating and $93.0 target in Thursday, January 11 report. The firm has “Buy” rating given on Thursday, January 4 by Robert W. Baird. Wells Fargo maintained it with “Buy” rating and $12000 target in Thursday, April 26 report. Barclays Capital maintained the shares of CTXS in report on Thursday, April 26 with “Equal-Weight” rating. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Underweight” rating by Morgan Stanley on Thursday, April 26.

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

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