Citrix Systems, Inc. (CTXS) Stake Decreased by Guggenheim Capital LLC

Guggenheim Capital LLC trimmed its holdings in Citrix Systems, Inc. (NASDAQ:CTXS) by 20.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 686,088 shares of the cloud computing company’s stock after selling 180,019 shares during the period. Guggenheim Capital LLC’s holdings in Citrix Systems were worth $60,375,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of CTXS. State of Tennessee Treasury Department grew its stake in Citrix Systems by 30.0% in the third quarter. State of Tennessee Treasury Department now owns 53,723 shares of the cloud computing company’s stock worth $4,128,000 after purchasing an additional 12,382 shares in the last quarter. FDx Advisors Inc. grew its stake in Citrix Systems by 21.8% in the third quarter. FDx Advisors Inc. now owns 5,566 shares of the cloud computing company’s stock worth $428,000 after purchasing an additional 998 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its stake in Citrix Systems by 2.3% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 541,413 shares of the cloud computing company’s stock worth $41,591,000 after purchasing an additional 12,338 shares in the last quarter. Quantbot Technologies LP bought a new position in Citrix Systems in the third quarter worth approximately $4,186,000. Finally, SG Americas Securities LLC grew its stake in Citrix Systems by 290.4% in the third quarter. SG Americas Securities LLC now owns 45,433 shares of the cloud computing company’s stock worth $3,490,000 after purchasing an additional 33,794 shares in the last quarter. Hedge funds and other institutional investors own 91.44% of the company’s stock.

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Shares of Citrix Systems, Inc. (CTXS) opened at $95.60 on Wednesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.55 and a quick ratio of 1.55. The firm has a market capitalization of $13,054.14, a price-to-earnings ratio of 23.10, a PEG ratio of 3.02 and a beta of 1.29. Citrix Systems, Inc. has a 52-week low of $73.33 and a 52-week high of $96.96.

Citrix Systems (NASDAQ:CTXS) last posted its quarterly earnings data on Wednesday, January 31st. The cloud computing company reported $1.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.06. The firm had revenue of $777.90 million during the quarter, compared to analysts’ expectations of $778.49 million. Citrix Systems had a positive return on equity of 38.56% and a negative net margin of 0.73%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.61 EPS. research analysts expect that Citrix Systems, Inc. will post 3.91 earnings per share for the current fiscal year.

CTXS has been the topic of several research analyst reports. Robert W. Baird reissued a “buy” rating on shares of Citrix Systems in a research note on Thursday, January 18th. BidaskClub cut Citrix Systems from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 2nd. Barclays cut Citrix Systems from an “overweight” rating to an “equal weight” rating and set a $90.00 price objective on the stock. in a research note on Monday, January 8th. Zacks Investment Research cut Citrix Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. Finally, Mizuho reaffirmed a “buy” rating and set a $101.00 target price (up previously from $92.00) on shares of Citrix Systems in a research report on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. Citrix Systems has a consensus rating of “Hold” and a consensus price target of $91.31.

In other news, CEO David J. Henshall sold 12,500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $92.62, for a total value of $1,157,750.00. Following the completion of the sale, the chief executive officer now owns 281,777 shares of the company’s stock, valued at approximately $26,098,185.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark M. Coyle sold 2,500 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $88.90, for a total value of $222,250.00. Following the completion of the sale, the chief financial officer now directly owns 36,012 shares of the company’s stock, valued at approximately $3,201,466.80. The disclosure for this sale can be found here. 0.44% of the stock is owned by company insiders.

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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.

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

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