Public Employees Retirement System of Ohio increased its stake in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 5.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,260 shares of the cloud computing company’s stock after acquiring an additional 2,437 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Citrix Systems were worth $4,851,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CTXS. Commonwealth Equity Services LLC increased its position in Citrix Systems by 5.9% during the second quarter. Commonwealth Equity Services LLC now owns 6,205 shares of the cloud computing company’s stock worth $608,000 after buying an additional 343 shares during the period. Zeke Capital Advisors LLC boosted its stake in Citrix Systems by 10.8% during the 2nd quarter. Zeke Capital Advisors LLC now owns 5,416 shares of the cloud computing company’s stock worth $532,000 after purchasing an additional 529 shares during the period. BTIM Corp. raised its stake in shares of Citrix Systems by 20.9% during the second quarter. BTIM Corp. now owns 57,310 shares of the cloud computing company’s stock worth $5,624,000 after purchasing an additional 9,925 shares during the last quarter. Wetherby Asset Management Inc. raised its stake in shares of Citrix Systems by 43.8% during the second quarter. Wetherby Asset Management Inc. now owns 5,664 shares of the cloud computing company’s stock worth $555,000 after purchasing an additional 1,725 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of Citrix Systems during the second quarter worth approximately $71,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

In other Citrix Systems news, Director Robert Calderoni sold 11,893 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $110.04, for a total value of $1,308,705.72. Following the completion of the transaction, the director now directly owns 77,518 shares of the company’s stock, valued at $8,530,080.72. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Peter John Sacripanti sold 637 shares of Citrix Systems stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $114.24, for a total transaction of $72,770.88. Following the sale, the director now owns 13,662 shares of the company’s stock, valued at $1,560,746.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 48,311 shares of company stock worth $5,128,666. 0.54% of the stock is owned by insiders.

A number of research firms recently weighed in on CTXS. Wedbush reiterated a “hold” rating and issued a $92.00 price objective on shares of Citrix Systems in a research report on Friday, October 25th. BidaskClub cut shares of Citrix Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 28th. Jefferies Financial Group upgraded shares of Citrix Systems from an “underperform” rating to a “hold” rating and raised their target price for the stock from $80.00 to $105.00 in a research note on Tuesday, October 29th. Barclays set a $107.00 target price on shares of Citrix Systems and gave the company a “hold” rating in a report on Friday, November 1st. Finally, ValuEngine upgraded shares of Citrix Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Citrix Systems has a consensus rating of “Hold” and an average target price of $105.33.

NASDAQ:CTXS opened at $111.22 on Wednesday. The stock has a fifty day moving average price of $109.01 and a two-hundred day moving average price of $99.21. The stock has a market capitalization of $14.69 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 4.46 and a beta of 1.06. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.73 and a current ratio of 0.74. Citrix Systems, Inc. has a 1 year low of $90.28 and a 1 year high of $114.73.

Citrix Systems (NASDAQ:CTXS) last issued its earnings results on Thursday, October 24th. The cloud computing company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.25 by $0.27. Citrix Systems had a net margin of 21.33% and a return on equity of 97.57%. The company had revenue of $733.00 million for the quarter, compared to analyst estimates of $715.05 million. During the same period in the previous year, the firm earned $1.40 EPS. The business’s revenue was up .0% on a year-over-year basis. On average, analysts predict that Citrix Systems, Inc. will post 3.85 EPS for the current year.

The business also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 6th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, December 5th. Citrix Systems’s dividend payout ratio is currently 30.57%.

About Citrix Systems

Citrix Systems, Inc provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both.

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

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