Leavell Investment Management Has Lowered Its Toronto Dominion Bk Ont (TD) Position by $753,200 as Share Value Rose; Westfield Capital Management Company LP Stake in Proofpoint (PFPT) Has Cut as Stock Rose

June 19, 2018 - By Richard Conner

The Toronto-Dominion Bank (NYSE:TD) Logo

Westfield Capital Management Company Lp decreased its stake in Proofpoint Inc (PFPT) by 13.41% based on its latest 2018Q1 regulatory filing with the SEC. Westfield Capital Management Company Lp sold 58,085 shares as the company’s stock rose 12.74% while stock markets declined. The institutional investor held 374,970 shares of the technology company at the end of 2018Q1, valued at $42.62 million, down from 433,055 at the end of the previous reported quarter. Westfield Capital Management Company Lp who had been investing in Proofpoint Inc for a number of months, seems to be less bullish one the $6.30B market cap company. The stock decreased 1.57% or $1.97 during the last trading session, reaching $123.79. About 575,200 shares traded or 1.47% up from the average. Proofpoint, Inc. (NASDAQ:PFPT) has risen 38.74% since June 19, 2017 and is uptrending. It has outperformed by 26.17% the S&P500. Some Historical PFPT News: 26/04/2018 – Proofpoint Sees 2018 Adj EPS $1.00-Adj EPS $1.09; 26/04/2018 – Proofpoint 1Q Adj EPS 30c; 26/04/2018 – PROOFPOINT 1Q ADJ EPS 30C, EST. 15C; 12/03/2018 Proofpoint Enterprise Archive 4.0 Reduces Time and Cost with Enhanced eDiscovery Visualizations, Mobile Support, and User Inter; 26/04/2018 – Proofpoint Sees 2Q Rev $168M-$170M; 26/04/2018 – Proofpoint 1Q Rev $162.5M; 17/04/2018 – Proofpoint’s Annual Human Factor Cybersecurity Report Details Ransomware Phishing, Cryptocurrency Threats, Cloud Application; 24/04/2018 – Wombat Security’s Beyond the Phish® Report Shows That Protecting Confidential Information Remains No. 1 Problem Area for End Users; 13/04/2018 – Proofpoint Group Lunch Scheduled By Wedbush for Apr. 17; 26/04/2018 – PROOFPOINT INC PFPT.O FY2018 SHR VIEW $0.90, REV VIEW $694.1 MLN — THOMSON REUTERS l/B/E/S

Leavell Investment Management Inc decreased its stake in Toronto Dominion Bk Ont (TD) by 62.82% based on its latest 2018Q1 regulatory filing with the SEC. Leavell Investment Management Inc sold 13,450 shares as the company’s stock rose 0.19% while stock markets declined. The institutional investor held 7,960 shares of the commercial banks company at the end of 2018Q1, valued at $453,000, down from 21,410 at the end of the previous reported quarter. Leavell Investment Management Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be less bullish one the $107.34 billion market cap company. The stock decreased 0.78% or $0.45 during the last trading session, reaching $57.19. About 1.10M shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 24.15% since June 19, 2017 and is uptrending. It has outperformed by 11.58% the S&P500. Some Historical TD News: 03/04/2018 – TD Bank Launches Adaptive Financial Education Program to Support Individuals with Diverse Abilities; 07/05/2018 – TD Bank Survey Finds Small Businesses Have Major Growth, Hiring Plans; 15/03/2018 – Pymnts.com: TD Bank Expands Auto Financing Nationwide; 26/04/2018 – TD Bank Takes 2018 J.D. Power Trophy for Retail Customer Satisfaction in Florida; 24/05/2018 – TORONTO-DOMINION BANK – QTRLY TOTAL REVENUE C$9,467 MLN VS C$8,473 MLN REPORTED LAST YEAR; 24/05/2018 – TORONTO-DOMINION BANK QTRLY CANADIAN RETAIL NET INCOME WAS $1,833 MLN, AN INCREASE OF 17% COMPARED WITH SAME QUARTER LAST YEAR; 24/05/2018 – TORONTO-DOMINION ECLIPSES RBC AS CANADA LARGEST BANK BY ASSETS; 24/05/2018 – TORONTO-DOMINION BANK – QTRLY RETURN ON COMMON EQUITY (ADJUSTED) 17.6 PCT VS 14.8 PCT REPORTED LAST YEAR; 24/05/2018 – Canada’s TD Bank second-quarter earnings beat expectations; 29/03/2018 – TD Bank boss says protectionism moves troubling

Among 31 analysts covering Proofpoint Inc (NASDAQ:PFPT), 25 have Buy rating, 1 Sell and 5 Hold. Therefore 81% are positive. Proofpoint Inc had 103 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, April 23 by RBC Capital Markets. Piper Jaffray maintained Proofpoint, Inc. (NASDAQ:PFPT) on Friday, September 8 with “Buy” rating. The stock of Proofpoint, Inc. (NASDAQ:PFPT) has “Buy” rating given on Monday, April 30 by Citigroup. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Outperform” rating by Macquarie Research on Friday, July 8. The rating was maintained by Imperial Capital on Thursday, February 8 with “Outperform”. The rating was maintained by Dougherty & Company on Friday, July 22 with “Buy”. The firm earned “Buy” rating on Thursday, March 1 by Cowen & Co. The stock of Proofpoint, Inc. (NASDAQ:PFPT) has “Hold” rating given on Monday, November 20 by KeyBanc Capital Markets. On Wednesday, June 29 the stock rating was initiated by ISI Group with “Buy”. On Wednesday, June 7 the stock rating was maintained by Stifel Nicolaus with “Buy”.

More news for Proofpoint, Inc. (NASDAQ:PFPT) were recently published by: Globenewswire.com, which released: “Proofpoint to Present at Upcoming Conferences” on May 23, 2018. Nasdaq.com‘s article titled: “Proofpoint Achieves In Process FedRAMP Status for Targeted Attack Protection (TAP)” and published on June 05, 2018 is yet another important article.

Analysts await Proofpoint, Inc. (NASDAQ:PFPT) to report earnings on July, 26. They expect $-0.36 earnings per share, up 7.69% or $0.03 from last year’s $-0.39 per share. After $-0.07 actual earnings per share reported by Proofpoint, Inc. for the previous quarter, Wall Street now forecasts 414.29% negative EPS growth.

Westfield Capital Management Company Lp, which manages about $17.38 billion and $12.98 billion US Long portfolio, upped its stake in Lam Research Corp (NASDAQ:LRCX) by 19,576 shares to 325,862 shares, valued at $66.20 million in 2018Q1, according to the filing. It also increased its holding in Cooper Cos Inc (NYSE:COO) by 117,982 shares in the quarter, for a total of 710,938 shares, and has risen its stake in Rsp Permian Inc (NYSE:RSPP).

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.49, from 1.33 in 2017Q4. It is negative, as 31 investors sold PFPT shares while 100 reduced holdings. 45 funds opened positions while 65 raised stakes. 49.43 million shares or 0.21% less from 49.53 million shares in 2017Q4 were reported. Principal Group Inc owns 7,404 shares or 0% of their US portfolio. Stratos Wealth Ptnrs Ltd accumulated 899 shares. Prudential Inc holds 4,704 shares. Goldman Sachs Grp Inc has 974,019 shares. Angelo Gordon & Com LP has 51,500 shares. Rmb Cap Mngmt Limited Liability accumulated 61,851 shares or 0.18% of the stock. Gilder Gagnon Howe And Limited Liability Company stated it has 52,038 shares. Millrace Asset Group Inc has 0.61% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 5,500 shares. Segall Bryant & Hamill Ltd Llc accumulated 35,847 shares. Bnp Paribas Asset Management Hldg Sa stated it has 0.22% in Proofpoint, Inc. (NASDAQ:PFPT). California Employees Retirement System has 88,087 shares. Citigroup Inc accumulated 17,814 shares or 0% of the stock. Moreover, Dupont Cap Mngmt has 0.01% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 4,728 shares. Driehaus Ltd Limited Liability Company, Illinois-based fund reported 54,873 shares. Bluestein R H reported 2,500 shares.

Since January 3, 2018, it had 0 insider purchases, and 13 insider sales for $13.37 million activity. Swaroop Bhagwat sold 1,000 shares worth $125,610. Steele Gary sold 40,000 shares worth $3.68 million. On Wednesday, June 6 Lee Robert Darren sold $579,307 worth of Proofpoint, Inc. (NASDAQ:PFPT) or 4,711 shares. $594,560 worth of Proofpoint, Inc. (NASDAQ:PFPT) was sold by Hahn Eric.

Among 11 analysts covering TD Bank (NYSE:TD), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. TD Bank had 24 analyst reports since August 12, 2015 according to SRatingsIntel. National Bank Canada upgraded The Toronto-Dominion Bank (NYSE:TD) on Friday, September 1 to “Outperform” rating. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Neutral” rating by Credit Suisse on Monday, September 21. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Outperform” rating by BMO Capital Markets on Monday, August 31. Bank of America initiated the shares of TD in report on Tuesday, November 1 with “Buy” rating. Bank of America maintained the stock with “Buy” rating in Tuesday, January 30 report. The firm has “Outperform” rating by Credit Suisse given on Tuesday, May 3. The company was maintained on Wednesday, September 14 by Citigroup. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Equal-Weight” rating given on Tuesday, May 23 by Barclays Capital. The stock has “Outperform” rating by RBC Capital Markets on Friday, August 28. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Sector Perform” rating by Scotia Capital on Friday, August 28.

Leavell Investment Management Inc, which manages about $1.33B and $858.96 million US Long portfolio, upped its stake in Etfs Tr by 16,030 shares to 54,103 shares, valued at $1.32M in 2018Q1, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHZ) by 20,208 shares in the quarter, for a total of 181,167 shares, and has risen its stake in Schwab Strategic Tr (SCHD).

Analysts await The Toronto-Dominion Bank (NYSE:TD) to report earnings on August, 30. They expect $1.24 earnings per share, up 8.77% or $0.10 from last year’s $1.14 per share. TD’s profit will be $2.33B for 11.53 P/E if the $1.24 EPS becomes a reality. After $1.27 actual earnings per share reported by The Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts -2.36% negative EPS growth.

Proofpoint, Inc. (NASDAQ:PFPT) Institutional Positions Chart

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