Citrix Systems (CTXS) : Quantbot Technologies Lp scooped up 38,841 additional shares in Citrix Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 63,449 shares of Citrix Systems which is valued at $5,381,110.Citrix Systems makes up approximately 0.55% of Quantbot Technologies Lp’s portfolio.
Other Hedge Funds, Including , Oregon Public Employees Retirement Fund reduced its stake in CTXS by selling 3,800 shares or 11.49% in the most recent quarter. The Hedge Fund company now holds 29,272 shares of CTXS which is valued at $2,482,558. Citrix Systems makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio.Bank Of Hawaii boosted its stake in CTXS in the latest quarter, The investment management firm added 5,095 additional shares and now holds a total of 14,438 shares of Citrix Systems which is valued at $1,224,487. Citrix Systems makes up approx 0.13% of Bank Of Hawaii’s portfolio. Lucus Advisors added CTXS to its portfolio by purchasing 4,252 company shares during the most recent quarter which is valued at $374,091. Citrix Systems makes up approx 0.29% of Lucus Advisors’s portfolio.Eqis Capital Management boosted its stake in CTXS in the latest quarter, The investment management firm added 2,735 additional shares and now holds a total of 16,629 shares of Citrix Systems which is valued at $1,408,975. Citrix Systems makes up approx 0.09% of Eqis Capital Management’s portfolio.
Citrix Systems closed down -0.05 points or -0.06% at $84.95 with 14,36,912 shares getting traded on Monday. Post opening the session at $85.22, the shares hit an intraday low of $84.76 and an intraday high of $85.7 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Citrix Systems reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.92. The company had revenue of $826.00 million for the quarter, compared to analysts expectations of $787.97 million. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.
Many Wall Street Analysts have commented on Citrix Systems. Citrix Systems was Downgraded by Jefferies to ” Underperform” on Aug 1, 2016. Company shares were Reiterated by Deutsche Bank on Jul 27, 2016 to “Hold”, Firm has raised the Price Target to $ 85 from a previous price target of $80 .Citrix Systems was Downgraded by Stifel to ” Hold” on Jul 27, 2016.
Citrix Systems Inc. provides virtualization mobility management networking and SaaS solutions to businesses. The Company’s solutions offer secure mobile workspaces that provide people with access to apps desktops data and communications on any device over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider division’s Workspace services include mobile platforms desktop and application virtualization citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud documents cloud and workflow cloud. It also offers Professional Services and Technology products which include Citrix HDX FlexCast Citrix personalization technologies NetScaler Software Packet Engine ByteMobile Adaptive Traffic Management System XenMobile and Citrix Internet among others.