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Nissay Asset Management Corp Japan ADV raised its stake in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 18.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,970 shares of the cloud computing company’s stock after buying an additional 1,975 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Citrix Systems were worth $1,329,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CTXS. Oregon Public Employees Retirement Fund raised its position in Citrix Systems by 8,930.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,459,674 shares of the cloud computing company’s stock worth $44,000 after purchasing an additional 4,410,291 shares during the period. Vanguard Group Inc raised its position in Citrix Systems by 3.5% in the 3rd quarter. Vanguard Group Inc now owns 14,060,558 shares of the cloud computing company’s stock worth $1,562,972,000 after purchasing an additional 472,583 shares during the period. Janus Henderson Group PLC raised its position in Citrix Systems by 624.4% in the 3rd quarter. Janus Henderson Group PLC now owns 512,741 shares of the cloud computing company’s stock worth $56,996,000 after purchasing an additional 441,957 shares during the period. O Shaughnessy Asset Management LLC raised its position in Citrix Systems by 61.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 985,368 shares of the cloud computing company’s stock worth $109,199,000 after purchasing an additional 373,415 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in Citrix Systems by 224.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 484,270 shares of the cloud computing company’s stock worth $53,831,000 after purchasing an additional 335,228 shares during the period. Institutional investors and hedge funds own 98.96% of the company’s stock.

Shares of NASDAQ:CTXS traded down $0.78 on Friday, hitting $100.88. 3,834,658 shares of the company were exchanged, compared to its average volume of 2,179,791. Citrix Systems, Inc. has a 1-year low of $90.32 and a 1-year high of $116.82. The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $13.29 billion, a P/E ratio of 22.03, a PEG ratio of 2.66 and a beta of 1.02.

Citrix Systems (NASDAQ:CTXS) last posted its quarterly earnings data on Wednesday, January 23rd. The cloud computing company reported $1.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.59 by $0.08. Citrix Systems had a net margin of 19.36% and a return on equity of 101.74%. The business had revenue of $802.00 million during the quarter, compared to the consensus estimate of $791.27 million. During the same period in the previous year, the firm posted $1.66 earnings per share. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. Equities analysts forecast that Citrix Systems, Inc. will post 4.58 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Friday, March 8th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $1.40 annualized dividend and a dividend yield of 1.39%. Citrix Systems’s dividend payout ratio (DPR) is presently 30.57%.

CTXS has been the topic of a number of research reports. BidaskClub lowered shares of Citrix Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 9th. TheStreet raised shares of Citrix Systems from a “c+” rating to a “b” rating in a research report on Wednesday, January 23rd. Wedbush reduced their target price on shares of Citrix Systems from $115.00 to $110.00 and set a “neutral” rating on the stock in a research report on Thursday, January 24th. Finally, Zacks Investment Research raised shares of Citrix Systems from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a research report on Wednesday, November 28th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $113.77.

In related news, EVP Mark J. Ferrer sold 1,388 shares of the firm’s stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $100.14, for a total transaction of $138,994.32. Following the completion of the transaction, the executive vice president now owns 60,809 shares of the company’s stock, valued at $6,089,413.26. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Matto Andrew H. Del sold 582 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $106.78, for a total transaction of $62,145.96. Following the transaction, the chief financial officer now directly owns 60,294 shares of the company’s stock, valued at approximately $6,438,193.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,071 shares of company stock valued at $2,711,264. 0.56% of the stock is currently owned by corporate insiders.

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About Citrix Systems

Citrix Systems, Inc delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients.

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

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(Excerpt) Read more Here | 2019-03-18 00:34:08
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