Gotham Asset Management LLC lifted its position in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 328,985 shares of the cloud computing company’s stock after buying an additional 29,438 shares during the quarter. Gotham Asset Management LLC owned about 0.22% of Citrix Systems worth $26,181,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CTXS. Fifth Third Bancorp increased its position in shares of Citrix Systems by 10.3% during 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 during the period. Greenwood Capital Associates LLC increased its position in shares of Citrix Systems by 12.0% during the second quarter. Greenwood Capital Associates LLC now owns 2,689 shares of the cloud computing company’s stock worth $214,000 after buying an additional 289 shares during the period. New Amsterdam Partners LLC NY acquired a new stake in shares of Citrix Systems during the second quarter worth $231,000. Atria Investments LLC acquired a new stake in shares of Citrix Systems during the second quarter worth $235,000. Finally, Virtu Financial LLC acquired a new stake in shares of Citrix Systems during the second quarter worth $235,000. Institutional investors own 93.62% of the company’s stock.

Citrix Systems, Inc. (CTXS) traded up 1.86% on Thursday, hitting $79.76. 494,251 shares of the company’s stock were exchanged. The stock has a market cap of $12.08 billion, a P/E ratio of 26.87 and a beta of 1.49. The firm has a 50 day moving average price of $76.41 and a 200-day moving average price of $80.45. Citrix Systems, Inc. has a 52-week low of $64.79 and a 52-week high of $87.99.

Citrix Systems (NASDAQ:CTXS) last released its earnings results on Wednesday, August 2nd. The cloud computing company reported $0.83 earnings per share 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 return on equity of 31.07% and a net margin of 15.08%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 earnings per share. Analysts predict that Citrix Systems, Inc. will post $4.63 earnings per share for the current fiscal year.

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Several research firms have recently weighed in on CTXS. Zacks Investment Research cut shares of Citrix Systems from a “hold” rating to a “sell” rating in a research report on Wednesday. BTIG Research reiterated a “neutral” rating on shares of Citrix Systems in a research report on Wednesday, August 16th. Stifel Nicolaus reiterated a “hold” rating and set a $77.00 price objective on shares of Citrix Systems in a research report on Thursday, August 3rd. Barclays PLC reiterated an “overweight” rating and set a $90.00 price objective (up from $87.00) on shares of Citrix Systems in a research report on Thursday, August 3rd. Finally, BidaskClub cut shares of Citrix Systems from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $89.45.

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.

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

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