Janus Henderson Group PLC lifted its holdings in Citrix Systems, Inc. (NASDAQ:CTXS) by 59.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 70,784 shares of the cloud computing company’s stock after purchasing an additional 26,382 shares during the period. Janus Henderson Group PLC owned approximately 0.05% of Citrix Systems worth $7,421,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Schwab Charles Investment Management Inc. grew its holdings in shares of Citrix Systems by 81.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 927,034 shares of the cloud computing company’s stock valued at $97,191,000 after purchasing an additional 416,446 shares in the last quarter. Suntrust Banks Inc. grew its holdings in shares of Citrix Systems by 110.1% in the first quarter. Suntrust Banks Inc. now owns 8,456 shares of the cloud computing company’s stock valued at $784,000 after purchasing an additional 4,432 shares in the last quarter. Wedge Capital Management L L P NC grew its holdings in shares of Citrix Systems by 6,420.8% in the second quarter. Wedge Capital Management L L P NC now owns 615,107 shares of the cloud computing company’s stock valued at $64,488,000 after purchasing an additional 605,674 shares in the last quarter. Atlantic Trust Group LLC grew its holdings in shares of Citrix Systems by 1.5% in the first quarter. Atlantic Trust Group LLC now owns 97,122 shares of the cloud computing company’s stock valued at $9,013,000 after purchasing an additional 1,428 shares in the last quarter. Finally, Strs Ohio grew its holdings in shares of Citrix Systems by 85.0% in the second quarter. Strs Ohio now owns 19,555 shares of the cloud computing company’s stock valued at $2,050,000 after purchasing an additional 8,983 shares in the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

Several research firms have commented on CTXS. Cowen reiterated a “hold” rating and set a $120.00 price target on shares of Citrix Systems in a report on Thursday, July 26th. Robert W. Baird cut shares of Citrix Systems from an “outperform” rating to a “neutral” rating and set a $110.00 price target for the company. in a report on Friday, July 20th. BidaskClub upgraded shares of Citrix Systems from a “hold” rating to a “buy” rating in a report on Saturday, September 1st. Morgan Stanley boosted their price target on shares of Citrix Systems from $92.00 to $101.00 and gave the stock an “underweight” rating in a report on Thursday, July 26th. Finally, Stifel Nicolaus boosted their price target on shares of Citrix Systems from $105.00 to $120.00 and gave the stock a “hold” rating in a report on Thursday, July 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Citrix Systems currently has a consensus rating of “Hold” and a consensus target price of $114.21.

NASDAQ CTXS opened at $110.74 on Tuesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. Citrix Systems, Inc. has a 52 week low of $75.19 and a 52 week high of $116.82. The company has a market cap of $15.24 billion, a price-to-earnings ratio of 24.58, a PEG ratio of 2.93 and a beta of 1.17.

Citrix Systems (NASDAQ:CTXS) last posted its quarterly earnings results on Wednesday, July 25th. The cloud computing company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The company had revenue of $742.36 million during the quarter, compared to analysts’ expectations of $716.33 million. Citrix Systems had a net margin of 3.23% and a return on equity of 64.77%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $103.00 EPS. research analysts expect that Citrix Systems, Inc. will post 4.2 EPS for the current fiscal year.

In other news, VP Jessica Soisson sold 1,136 shares of the business’s stock in a transaction that occurred on Wednesday, August 29th. The shares were sold at an average price of $113.78, for a total transaction of $129,254.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Calderoni sold 2,128 shares of the business’s stock in a transaction that occurred on Tuesday, July 3rd. The stock was sold at an average price of $106.27, for a total transaction of $226,142.56. Following the sale, the insider now owns 152,908 shares of the company’s stock, valued at approximately $16,249,533.16. The disclosure for this sale can be found here. Insiders have sold a total of 17,520 shares of company stock valued at $1,903,262 in the last 90 days. Insiders own 0.56% of the company’s stock.

About Citrix Systems

Citrix Systems, Inc delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients.

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

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