Citrix Systems, Inc. (NASDAQ:CTXS) Shares Acquired by Pendal Group Ltd

Pendal Group Ltd increased its position in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 897,859 shares of the cloud computing company’s stock after purchasing an additional 26,287 shares during the period. Pendal Group Ltd owned 0.68% of Citrix Systems worth $77,096,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CTXS. Janus Henderson Group PLC boosted its stake in Citrix Systems by 19.1% during the second quarter. Janus Henderson Group PLC now owns 1,027,396 shares of the cloud computing company’s stock worth $100,829,000 after buying an additional 164,427 shares during the period. Advisor Group Inc. boosted its stake in shares of Citrix Systems by 4.6% in the second quarter. Advisor Group Inc. now owns 17,703 shares of the cloud computing company’s stock valued at $1,738,000 after purchasing an additional 771 shares during the period. Aperio Group LLC boosted its stake in shares of Citrix Systems by 60.2% in the second quarter. Aperio Group LLC now owns 276,747 shares of the cloud computing company’s stock valued at $27,159,000 after purchasing an additional 103,990 shares during the period. AGF Investments LLC boosted its stake in shares of Citrix Systems by 50.6% in the second quarter. AGF Investments LLC now owns 3,180 shares of the cloud computing company’s stock valued at $312,000 after purchasing an additional 1,068 shares during the period. Finally, OmniStar Financial Group Inc. boosted its stake in shares of Citrix Systems by 3.1% in the second quarter. OmniStar Financial Group Inc. now owns 5,416 shares of the cloud computing company’s stock valued at $532,000 after purchasing an additional 163 shares during the period. Hedge funds and other institutional investors own 97.69% of the company’s stock.

NASDAQ:CTXS traded up $0.91 during mid-day trading on Tuesday, hitting $92.13. The stock had a trading volume of 94,541 shares, compared to its average volume of 2,699,949. The firm’s 50-day simple moving average is $97.38. The company has a market capitalization of $12.04 billion, a P/E ratio of 20.07, a PEG ratio of 3.31 and a beta of 1.01. Citrix Systems, Inc. has a twelve month low of $90.28 and a twelve month high of $114.55. The company has a quick ratio of 0.74, a current ratio of 0.76 and a debt-to-equity ratio of 1.86.



Citrix Systems (NASDAQ:CTXS) last issued its earnings results on Wednesday, July 24th. The cloud computing company reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.27. The firm had revenue of $748.70 million for the quarter, compared to analysts’ expectations of $772.00 million. Citrix Systems had a net margin of 17.60% and a return on equity of 95.52%. The firm’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 earnings per share. As a group, equities analysts anticipate that Citrix Systems, Inc. will post 3.8 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 6th will be issued a $0.35 dividend. The ex-dividend date is Thursday, September 5th. This represents a $1.40 annualized dividend and a yield of 1.52%. Citrix Systems’s dividend payout ratio (DPR) is 30.57%.

In related news, EVP Mark J. Ferrer sold 1,224 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $95.00, for a total value of $116,280.00. Following the sale, the executive vice president now owns 70,348 shares of the company’s stock, valued at $6,683,060. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO David J. Henshall sold 6,353 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $99.44, for a total transaction of $631,742.32. Following the completion of the sale, the chief executive officer now directly owns 368,156 shares in the company, valued at approximately $36,609,432.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,585 shares of company stock worth $2,151,111. 0.54% of the stock is owned by corporate insiders.

Several research analysts have recently commented on CTXS shares. Zacks Investment Research lowered shares of Citrix Systems from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Wedbush reissued a “hold” rating and issued a $95.00 price objective on shares of Citrix Systems in a research note on Thursday, July 25th. Morgan Stanley lowered their price objective on shares of Citrix Systems from $102.00 to $95.00 and set an “underweight” rating for the company in a research note on Thursday, July 25th. BidaskClub lowered shares of Citrix Systems from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, ValuEngine lowered shares of Citrix Systems from a “buy” rating to a “hold” rating in a research note on Friday, April 19th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Citrix Systems currently has an average rating of “Hold” and an average target price of $110.25.

About Citrix Systems

Citrix Systems, Inc provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both.

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Institutional Ownership by Quarter for Citrix Systems (NASDAQ:CTXS)

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