Dodge & Cox lessened its position in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,226 shares of the cloud computing company’s stock after selling 300 shares during the quarter. Dodge & Cox’s holdings in Citrix Systems were worth $575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alps Advisors Inc. grew its position in Citrix Systems by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 5,838 shares of the cloud computing company’s stock worth $465,000 after purchasing an additional 15 shares during the last quarter. Blair William & Co. IL grew its position in Citrix Systems by 0.6% during the 1st quarter. Blair William & Co. IL now owns 7,987 shares of the cloud computing company’s stock worth $658,000 after purchasing an additional 49 shares during the last quarter. Cleararc Capital Inc. grew its position in Citrix Systems by 1.5% during the 1st quarter. Cleararc Capital Inc. now owns 3,845 shares of the cloud computing company’s stock worth $321,000 after purchasing an additional 58 shares during the last quarter. Creative Planning grew its position in Citrix Systems by 2.5% during the 2nd quarter. Creative Planning now owns 3,259 shares of the cloud computing company’s stock worth $259,000 after purchasing an additional 78 shares during the last quarter. Finally, Advisor Partners LLC grew its position in Citrix Systems by 3.5% during the 2nd quarter. Advisor Partners LLC now owns 3,302 shares of the cloud computing company’s stock worth $263,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 93.62% of the company’s stock.

Citrix Systems, Inc. (NASDAQ CTXS) opened at 76.23 on Friday. The company has a 50 day moving average of $76.40 and a 200 day moving average of $80.78. The firm has a market capitalization of $11.55 billion, a PE ratio of 25.68 and a beta of 1.48. Citrix Systems, Inc. has a 1-year low of $64.79 and a 1-year high of $87.99.

Citrix Systems (NASDAQ:CTXS) last posted its quarterly earnings data on Wednesday, August 2nd. The cloud computing company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). Citrix Systems had a net margin of 15.08% and a return on equity of 31.07%. The firm had revenue of $693.00 million during the quarter, compared to analysts’ expectations of $690.83 million. During the same quarter last year, the business earned $1.20 earnings per share. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts forecast that Citrix Systems, Inc. will post $4.63 EPS for the current year.

Several analysts have weighed in on CTXS shares. MKM Partners reissued a “buy” rating and set a $90.00 target price (down previously from $95.00) on shares of Citrix Systems in a research report on Wednesday, August 9th. Stifel Nicolaus reissued a “hold” rating and set a $77.00 target price on shares of Citrix Systems in a research report on Wednesday, August 9th. Royal Bank Of Canada reissued a “hold” rating and set a $85.00 target price on shares of Citrix Systems in a research report on Monday, July 31st. BTIG Research reissued a “neutral” rating on shares of Citrix Systems in a research report on Wednesday, August 16th. Finally, Barclays PLC reissued an “overweight” rating and set a $90.00 target price (up previously from $87.00) on shares of Citrix Systems in a research report on Thursday, August 3rd. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Citrix Systems has an average rating of “Hold” and an average target price of $89.25.

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Citrix Systems Profile

Citrix Systems, Inc offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company’s Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services.

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

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