GSA Capital Partners LLP raised its position in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 71.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,274 shares of the cloud computing company’s stock after acquiring an additional 4,298 shares during the quarter. GSA Capital Partners LLP’s holdings in Citrix Systems were worth $818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CTXS. Rafferty Asset Management LLC boosted its stake in shares of Citrix Systems by 28.7% in the second quarter. Rafferty Asset Management LLC now owns 17,894 shares of the cloud computing company’s stock worth $1,424,000 after acquiring an additional 3,994 shares during the last quarter. Mutual of America Capital Management LLC increased its position in shares of Citrix Systems by 3.3% during the second quarter. Mutual of America Capital Management LLC now owns 18,529 shares of the cloud computing company’s stock worth $1,475,000 after purchasing an additional 596 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Citrix Systems by 3.5% during the second quarter. PNC Financial Services Group Inc. now owns 11,521 shares of the cloud computing company’s stock worth $918,000 after purchasing an additional 389 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Citrix Systems by 9.7% during the second quarter. ProShare Advisors LLC now owns 84,472 shares of the cloud computing company’s stock worth $6,722,000 after purchasing an additional 7,495 shares in the last quarter. Finally, Profund Advisors LLC increased its position in shares of Citrix Systems by 13.5% during the second quarter. Profund Advisors LLC now owns 45,190 shares of the cloud computing company’s stock worth $3,596,000 after purchasing an additional 5,381 shares in the last quarter. Institutional investors and hedge funds own 93.62% of the company’s stock.

Citrix Systems, Inc. (NASDAQ CTXS) opened at 78.51 on Wednesday. The firm has a market cap of $11.90 billion, a PE ratio of 26.45 and a beta of 1.49. Citrix Systems, Inc. has a 52-week low of $64.79 and a 52-week high of $87.99. The firm has a 50-day moving average of $76.32 and a 200-day moving average of $80.46.

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

Several equities research analysts have issued reports on the stock. Stifel Nicolaus reaffirmed a “hold” rating and set a $77.00 target price on shares of Citrix Systems in a research note on Wednesday, August 9th. Barclays PLC reaffirmed an “overweight” rating and set a $90.00 target price (up previously from $87.00) on shares of Citrix Systems in a report on Wednesday, August 9th. MKM Partners reiterated a “buy” rating and issued a $90.00 target price (down from $95.00) on shares of Citrix Systems in a research report on Wednesday, August 9th. Royal Bank Of Canada reiterated a “hold” rating and issued a $85.00 target price on shares of Citrix Systems in a research report on Monday, July 31st. Finally, Jefferies Group LLC reissued a “sell” rating and issued a $61.00 price target on shares of Citrix Systems in a research note on Friday, August 11th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $90.07.

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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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