Citrix Systems, Inc. (CTXS) Shares Bought by AHL Partners LLP
AHL Partners LLP grew its position in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 58.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,436 shares of the cloud computing company’s stock after purchasing an additional 43,344 shares during the period. AHL Partners LLP owned approximately 0.08% of Citrix Systems worth $9,346,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp lifted its position in shares of Citrix Systems by 10.3% in the first quarter. Fifth Third Bancorp now owns 1,825 shares of the cloud computing company’s stock worth $152,000 after buying an additional 171 shares in the last quarter. Greenwood Capital Associates LLC grew its holdings in Citrix Systems by 12.0% during the 2nd quarter. Greenwood Capital Associates LLC now owns 2,689 shares of the cloud computing company’s stock valued at $214,000 after buying an additional 289 shares in the last quarter. ZWJ Investment Counsel Inc. purchased a new position in Citrix Systems during the 1st quarter valued at approximately $225,000. New Amsterdam Partners LLC NY purchased a new position in Citrix Systems during the 2nd quarter valued at approximately $231,000. Finally, Atria Investments LLC purchased a new position in Citrix Systems during the 2nd quarter valued at approximately $235,000. Hedge funds and other institutional investors own 93.62% of the company’s stock.
Shares of Citrix Systems, Inc. (NASDAQ CTXS) traded down 0.69% during midday trading on Tuesday, hitting $78.95. The company had a trading volume of 283,483 shares. Citrix Systems, Inc. has a 12 month low of $64.79 and a 12 month high of $87.99. The firm has a market capitalization of $11.96 billion, a PE ratio of 26.60 and a beta of 1.49. The company has a 50-day moving average of $76.24 and a 200 day moving average of $80.49.
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). The company had revenue of $693.00 million for the quarter, compared to analysts’ expectations of $690.83 million. Citrix Systems had a return on equity of 31.07% and a net margin of 15.08%. The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 EPS. On average, analysts expect that Citrix Systems, Inc. will post $4.63 EPS for the current fiscal year.
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CTXS has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed a “hold” rating and set a $85.00 price objective on shares of Citrix Systems in a report on Monday, September 4th. BidaskClub lowered shares of Citrix Systems from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Stifel Nicolaus reaffirmed a “hold” rating and set a $77.00 price target on shares of Citrix Systems in a research note on Thursday, August 3rd. Wells Fargo & Company upgraded shares of Citrix Systems from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $82.50 to $95.00 in a research report on Monday. Finally, BTIG Research reissued a “neutral” rating on shares of Citrix Systems in a research note on Wednesday, August 16th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $89.57.
Citrix Systems Company 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.
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