Buckhead Capital Management Has Lowered Citrix Sys (CTXS) Stake; Arrow Electronics, Inc. (ARW) Had 6 Analysts Last Week

January 14, 2018 - By whatsonthorold

Buckhead Capital Management Llc decreased Citrix Sys Inc (CTXS) stake by 43.54% reported in 2017Q3 SEC filing. Buckhead Capital Management Llc sold 18,835 shares as Citrix Sys Inc (CTXS)’s stock rose 2.84%. The Buckhead Capital Management Llc holds 24,422 shares with $1.88M value, down from 43,257 last quarter. Citrix Sys Inc now has $13.57 billion valuation. The stock increased 0.26% or $0.23 during the last trading session, reaching $90.04. About 1.07M shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 26.42% since January 14, 2017 and is uptrending. It has outperformed by 9.72% the S&P500.

Among 10 analysts covering Arrow Electronics Inc. (NYSE:ARW), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Arrow Electronics Inc. had 17 analyst reports since July 29, 2015 according to SRatingsIntel. As per Thursday, October 29, the company rating was downgraded by CLSA. The firm earned “Buy” rating on Wednesday, April 27 by Bank of America. The firm has “Buy” rating by Stifel Nicolaus given on Sunday, September 10. The rating was maintained by Goldman Sachs with “Buy” on Monday, May 9. The company was downgraded on Monday, May 2 by Citigroup. Longbow upgraded Arrow Electronics, Inc. (NYSE:ARW) on Friday, January 22 to “Buy” rating. SunTrust downgraded Arrow Electronics, Inc. (NYSE:ARW) on Tuesday, January 3 to “Hold” rating. Credit Agricole downgraded Arrow Electronics, Inc. (NYSE:ARW) on Thursday, October 29 to “Outperform” rating. Stifel Nicolaus maintained the shares of ARW in report on Monday, July 17 with “Buy” rating. The firm has “Buy” rating by CLSA given on Wednesday, July 29. See Arrow Electronics, Inc. (NYSE:ARW) latest ratings:

04/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $90.0 Maintain
10/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $86.0 Maintain
17/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $86.0000 Maintain

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.23, from 0.92 in 2017Q2. It improved, as 23 investors sold Arrow Electronics, Inc. shares while 110 reduced holdings. 49 funds opened positions while 104 raised stakes. 80.16 million shares or 1.84% less from 81.66 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage Sa reported 40,120 shares stake. Ubs Asset Management Americas Inc reported 325,582 shares. Korea owns 14,800 shares. Bnp Paribas Asset Mngmt Holding holds 0% or 4,679 shares. Riverhead Ltd Llc owns 6,606 shares. Great West Life Assurance Can invested in 0.03% or 127,247 shares. Axa reported 2,999 shares. Swiss State Bank has invested 0.03% in Arrow Electronics, Inc. (NYSE:ARW). Sumitomo Mitsui Trust Hldg accumulated 269,575 shares. Regentatlantic Limited Liability accumulated 44,718 shares or 0.31% of the stock. Oarsman Cap has 0.61% invested in Arrow Electronics, Inc. (NYSE:ARW). 5,000 were accumulated by Broadview Limited Liability Company. Smith Graham And Communication Advsrs Ltd Partnership accumulated 0.47% or 56,022 shares. Employees Retirement Association Of Colorado accumulated 157,109 shares. Greenwich Wealth Management Limited Com holds 0.66% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW) for 47,479 shares.

The stock increased 0.46% or $0.38 during the last trading session, reaching $83.67. About 359,618 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since January 14, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Since August 10, 2017, it had 0 insider purchases, and 2 sales for $1.93 million activity. LONG MICHAEL J sold 20,910 shares worth $1.59M. On Friday, August 25 the insider Kerins Sean J sold $345,445.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company has market cap of $7.36 billion. The firm operates in two divisions, Global Components and Global Enterprise Computing Solutions. It has a 14.7 P/E ratio. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other services and products.

Since August 28, 2017, it had 0 insider buys, and 2 sales for $222,551 activity. 4 shares were sold by Minahan Timothy A., worth $301. 2,500 shares valued at $222,250 were sold by COYLE MARK M on Wednesday, January 3.

Analysts await Citrix Systems, Inc. (NASDAQ:CTXS) to report earnings on January, 24. They expect $1.37 earnings per share, down 4.20% or $0.06 from last year’s $1.43 per share. CTXS’s profit will be $206.43M for 16.43 P/E if the $1.37 EPS becomes a reality. After $1.00 actual earnings per share reported by Citrix Systems, Inc. for the previous quarter, Wall Street now forecasts 37.00% EPS growth.

Among 23 analysts covering Citrix Systems Inc. (NASDAQ:CTXS), 11 have Buy rating, 3 Sell and 9 Hold. Therefore 48% are positive. Citrix Systems Inc. had 77 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $85.0 target in Sunday, September 3 report. The rating was maintained by Credit Suisse on Wednesday, November 18 with “Outperform”. Mizuho maintained the stock with “Neutral” rating in Thursday, July 21 report. UBS maintained the stock with “Neutral” rating in Thursday, April 21 report. The rating was upgraded by Robert W. Baird to “Outperform” on Wednesday, July 29. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Hold”. On Friday, August 11 the stock rating was maintained by Jefferies with “Sell”. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Underweight” rating given on Thursday, October 20 by Morgan Stanley. Citigroup maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Friday, October 27 with “Buy” rating. The firm has “Equal-Weight” rating given on Monday, January 8 by Barclays Capital.

Investors sentiment is 0.89 in Q3 2017. Its the same as in 2017Q2. It has no change, as 40 investors sold CTXS shares while 171 reduced holdings. only 44 funds opened positions while 144 raised stakes. 130.86 million shares or 0.86% less from 132.01 million shares in 2017Q2 were reported. Principal Financial Grp Incorporated Inc reported 313,177 shares. Brown Advisory holds 0.01% or 22,197 shares. Louisiana State Employees Retirement has 0.03% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 9,000 shares. Patten Patten Incorporated Tn stated it has 10,362 shares or 0.08% of all its holdings. Cantab Capital Llp accumulated 13,461 shares or 0.15% of the stock. Shelton Cap Mngmt holds 0.07% or 12,060 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 34,604 shares. Tiaa Cref Inv Mngmt Ltd Liability Corporation owns 803,950 shares. Congress Asset Mgmt Com Ma invested 0.03% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). M&T Commercial Bank has 14,364 shares. Nomura Asset Limited owns 20,856 shares. Vanguard Grp Inc holds 14.57M shares or 0.05% of its portfolio. Hartford Invest Mngmt owns 31,506 shares or 0.05% of their US portfolio. Incorporated holds 0.02% or 59,030 shares in its portfolio. Trexquant Inv LP reported 16,286 shares.

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