Bbva Compass Bancshares Lowered Its Stake in Medtronic Plc (MDT) by $532,320; Citrix Sys (CTXS) Holder Brookside Capital Management Lifted Its Stake by $2.74 Million

April 17, 2018 - By Vivian Currie

Medtronic plc (NYSE:MDT) Logo

Bain Capital increased its stake in Citrix Sys Inc (CTXS) by 3.94% based on its latest 2017Q4 regulatory filing with the SEC. Brookside Capital Management Llc bought 31,192 shares as the company’s stock rose 5.21% while stock markets declined. The hedge fund run by Bain Capital held 823,837 shares of the technology company at the end of 2017Q4, valued at $72.50M, up from 792,645 at the end of the previous reported quarter. Brookside Capital Management Llc who had been investing in Citrix Sys Inc for a number of months, seems to be bullish on the $13.30 billion market cap company. The stock increased 1.75% or $1.68 during the last trading session, reaching $97.65. About 691,890 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 10.64% since April 17, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Bbva Compass Bancshares Inc decreased its stake in Medtronic Plc (MDT) by 7.83% based on its latest 2017Q4 regulatory filing with the SEC. Bbva Compass Bancshares Inc sold 6,654 shares as the company’s stock declined 4.15% with the market. The institutional investor held 78,323 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $6.33 million, down from 84,977 at the end of the previous reported quarter. Bbva Compass Bancshares Inc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $109.38 billion market cap company. The stock increased 0.12% or $0.1 during the last trading session, reaching $80.7. About 3.17 million shares traded. Medtronic plc (NYSE:MDT) has declined 3.54% since April 17, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.10, from 1.12 in 2017Q3. It fall, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds opened positions while 393 raised stakes. 1.04 billion shares or 2.98% less from 1.07 billion shares in 2017Q3 were reported. Moreover, Strs Ohio has 0.61% invested in Medtronic plc (NYSE:MDT) for 1.77 million shares. Winslow Evans And Crocker owns 0.04% invested in Medtronic plc (NYSE:MDT) for 1,506 shares. Gradient Investments holds 91,739 shares or 0.43% of its portfolio. Franklin Resource has 1.47% invested in Medtronic plc (NYSE:MDT). Baldwin Brothers Ma owns 87,880 shares or 1.11% of their US portfolio. Regal Invest Advsr Limited Liability Corp has 0.1% invested in Medtronic plc (NYSE:MDT) for 5,474 shares. Regentatlantic Cap Limited Liability reported 15,498 shares. First City Capital Mngmt invested in 7,455 shares. Chemung Canal Company reported 13,447 shares. Mackenzie, Ontario – Canada-based fund reported 940,225 shares. First Quadrant Lp Ca owns 6,299 shares. 22,818 are owned by Hartline. Edge Wealth Mngmt Limited Liability Company accumulated 12,275 shares or 0.28% of the stock. Credit Agricole S A holds 0.05% or 8,643 shares. Park Natl Oh owns 54,667 shares or 0.25% of their US portfolio.

Among 28 analysts covering Medtronic (NYSE:MDT), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Medtronic had 82 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Tuesday, August 22. The rating was maintained by Oppenheimer with “Buy” on Friday, May 26. The firm has “Buy” rating given on Tuesday, July 18 by Needham. On Monday, May 29 the stock rating was maintained by IBC with “Buy”. The stock of Medtronic plc (NYSE:MDT) has “Buy” rating given on Tuesday, August 22 by BMO Capital Markets. The firm has “Buy” rating by Needham given on Friday, August 26. The stock has “Buy” rating by BMO Capital Markets on Friday, September 29. The rating was maintained by RBC Capital Markets on Sunday, August 20 with “Buy”. The firm has “Neutral” rating by JP Morgan given on Tuesday, January 3. BTIG Research downgraded the stock to “Neutral” rating in Wednesday, June 1 report.

Bbva Compass Bancshares Inc, which manages about $1.58B US Long portfolio, upped its stake in V F Corporation (NYSE:VFC) by 11,519 shares to 65,203 shares, valued at $4.83 million in 2017Q4, according to the filing. It also increased its holding in Discover Financial Services (NYSE:DFS) by 32,708 shares in the quarter, for a total of 87,684 shares, and has risen its stake in Spdr Nuveen Bloomberg Barclays.

Analysts await Medtronic plc (NYSE:MDT) to report earnings on May, 24. They expect $1.38 earnings per share, up 3.76% or $0.05 from last year’s $1.33 per share. MDT’s profit will be $1.87 billion for 14.62 P/E if the $1.38 EPS becomes a reality. After $1.17 actual earnings per share reported by Medtronic plc for the previous quarter, Wall Street now forecasts 17.95% EPS growth.

Among 25 analysts covering Citrix Systems Inc. (NASDAQ:CTXS), 12 have Buy rating, 3 Sell and 10 Hold. Therefore 48% are positive. Citrix Systems Inc. had 84 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Outperform” rating by Cowen & Co on Thursday, April 21. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Buy” rating given on Wednesday, July 27 by Citigroup. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, January 8. Citigroup maintained the stock with “Buy” rating in Friday, October 27 report. The company was downgraded on Wednesday, November 18 by Mizuho. As per Thursday, January 11, the company rating was downgraded by Cowen & Co. Barclays Capital maintained Citrix Systems, Inc. (NASDAQ:CTXS) rating on Thursday, October 22. Barclays Capital has “Outperform” rating and $82 target. The company was maintained on Thursday, February 1 by Stifel Nicolaus. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Buy” rating by Goldman Sachs on Friday, November 3. Mizuho maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Monday, October 16 with “Buy” rating.

Since January 3, 2018, it had 0 insider purchases, and 5 sales for $8.01 million activity. $222,250 worth of stock was sold by COYLE MARK M on Wednesday, January 3. VAN ROTTERDAM JEROEN sold $424,348 worth of stock or 4,618 shares. $243,310 worth of Citrix Systems, Inc. (NASDAQ:CTXS) was sold by CALDERONI ROBERT.

Brookside Capital Management Llc, which manages about $1.39 billion US Long portfolio, decreased its stake in Altaba Inc by 790,994 shares to 3.98M shares, valued at $277.76 million in 2017Q4, according to the filing. It also reduced its holding in Avexis Inc by 27,157 shares in the quarter, leaving it with 70,374 shares, and cut its stake in Clovis Oncology Inc (Call) (NASDAQ:CLVS).

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

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