Citrix Systems, Inc. (NASDAQ:CTXS) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its holdings in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 18.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,823 shares of the cloud computing company’s stock after selling 11,155 shares during the period. Public Employees Retirement System of Ohio’s holdings in Citrix Systems were worth $4,693,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CTXS. Nordea Investment Management AB lifted its stake in Citrix Systems by 694.1% during the 1st quarter. Nordea Investment Management AB now owns 1,220,537 shares of the cloud computing company’s stock valued at $121,638,000 after acquiring an additional 1,066,829 shares during the period. First Trust Advisors LP increased its holdings in shares of Citrix Systems by 29.7% during the 2nd quarter. First Trust Advisors LP now owns 3,986,354 shares of the cloud computing company’s stock valued at $391,221,000 after purchasing an additional 912,477 shares in the last quarter. Capital Fund Management S.A. increased its holdings in shares of Citrix Systems by 287.3% during the 2nd quarter. Capital Fund Management S.A. now owns 608,372 shares of the cloud computing company’s stock valued at $59,706,000 after purchasing an additional 451,275 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Citrix Systems by 176.1% during the 1st quarter. Acadian Asset Management LLC now owns 686,262 shares of the cloud computing company’s stock valued at $68,395,000 after purchasing an additional 437,687 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Citrix Systems by 269.3% during the 2nd quarter. Bank of Montreal Can now owns 589,433 shares of the cloud computing company’s stock valued at $57,846,000 after purchasing an additional 429,839 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

Shares of Citrix Systems stock traded down $0.88 during trading hours on Friday, reaching $95.65. 29,504 shares of the company’s stock were exchanged, compared to its average volume of 1,629,017. Citrix Systems, Inc. has a 1 year low of $90.28 and a 1 year high of $112.87. The company has a market capitalization of $12.54 billion, a P/E ratio of 20.91, a price-to-earnings-growth ratio of 3.44 and a beta of 1.01. The business has a fifty day moving average of $93.30 and a two-hundred day moving average of $97.86. 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 released its earnings results on Wednesday, July 24th. The cloud computing company reported $1.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.27. Citrix Systems had a net margin of 17.60% and a return on equity of 95.52%. The business had revenue of $748.70 million during the quarter, compared to analyst estimates of $772.00 million. During the same quarter in the prior year, the firm earned $1.28 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts predict that Citrix Systems, Inc. will post 3.8 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Thursday, September 5th. Citrix Systems’s payout ratio is 30.57%.

Several research firms have recently weighed in on CTXS. Deutsche Bank raised shares of Citrix Systems from a “hold” rating to a “buy” rating and lifted their target price for the company from $110.00 to $120.00 in a report on Thursday, June 6th. Wedbush reaffirmed a “hold” rating and set a $95.00 target price on shares of Citrix Systems in a report on Thursday, July 25th. Morgan Stanley cut their price target on shares of Citrix Systems from $102.00 to $95.00 and set an “underweight” rating for the company in a report on Thursday, July 25th. BidaskClub raised shares of Citrix Systems from a “sell” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, ValuEngine raised shares of Citrix Systems from a “hold” rating to a “buy” rating in a report on Wednesday, September 4th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Citrix Systems currently has an average rating of “Hold” and a consensus price target of $109.71.

In other news, CAO Jessica Soisson sold 5,400 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $96.33, for a total transaction of $520,182.00. Following the transaction, the chief accounting officer now owns 32,797 shares of the company’s stock, valued at approximately $3,159,335.01. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Rotterdam Jeroen Van sold 4,288 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $92.06, for a total transaction of $394,753.28. Following the transaction, the executive vice president now directly owns 63,806 shares in the company, valued at approximately $5,873,980.36. The disclosure for this sale can be found here. Insiders have sold 34,473 shares of company stock valued at $3,254,551 in the last ninety days. Insiders own 0.54% of the company’s stock.

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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