Citrix Systems, Inc. (CTXS) Position Raised by Aperio Group LLC

Aperio Group LLC raised its stake in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 18.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 146,877 shares of the cloud computing company’s stock after buying an additional 22,835 shares during the period. Aperio Group LLC owned 0.10% of Citrix Systems worth $11,688,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CTXS. Bank of Montreal Can boosted its position in shares of Citrix Systems by 35.6% in the second quarter. Bank of Montreal Can now owns 5,036,419 shares of the cloud computing company’s stock valued at $400,799,000 after buying an additional 1,321,350 shares during the last quarter. MARSHALL WACE ASIA Ltd purchased a new position in shares of Citrix Systems during the first quarter valued at about $89,128,000. Marshall Wace North America L.P. purchased a new position in shares of Citrix Systems during the first quarter valued at about $89,128,000. Schroder Investment Management Group boosted its position in shares of Citrix Systems by 224.0% in the first quarter. Schroder Investment Management Group now owns 1,301,379 shares of the cloud computing company’s stock valued at $109,459,000 after buying an additional 899,730 shares during the last quarter. Finally, MUFG Securities EMEA plc boosted its position in shares of Citrix Systems by 375.0% in the first quarter. MUFG Securities EMEA plc now owns 950,000 shares of the cloud computing company’s stock valued at $79,221,000 after buying an additional 750,000 shares during the last quarter. 97.58% of the stock is currently owned by institutional investors.

Shares of Citrix Systems, Inc. (NASDAQ:CTXS) opened at 81.86 on Friday. Citrix Systems, Inc. has a 52 week low of $64.18 and a 52 week high of $87.99. The company’s 50-day moving average price is $80.84 and its 200 day moving average price is $80.42. The company has a market cap of $12.37 billion, a P/E ratio of 26.95 and a beta of 1.49.

Citrix Systems (NASDAQ:CTXS) last released its quarterly earnings results on Wednesday, April 26th. The cloud computing company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.10. The company had revenue of $662.70 million during the quarter, compared to analysts’ expectations of $664.16 million. Citrix Systems had a return on equity of 31.02% and a net margin of 14.75%. Citrix Systems’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.18 EPS. Equities research analysts anticipate that Citrix Systems, Inc. will post $4.64 earnings per share for the current fiscal year.

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CTXS has been the topic of several research reports. Jefferies Group LLC dropped their target price on Citrix Systems from $62.00 to $61.00 and set an “underperform” rating on the stock in a research report on Friday, April 28th. MKM Partners raised their target price on Citrix Systems from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Robert W. Baird raised Citrix Systems from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $85.00 to $90.00 in a research report on Thursday, April 27th. Deutsche Bank AG dropped their target price on Citrix Systems from $90.00 to $80.00 and set a “hold” rating on the stock in a research report on Friday, April 28th. Finally, Zacks Investment Research raised Citrix Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, March 28th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. Citrix Systems currently has a consensus rating of “Hold” and an average price target of $92.02.

About Citrix Systems

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.