Wrapmanager Inc buys $664,644 stake in Citrix Systems (CTXS)

Citrix Systems (CTXS) : Wrapmanager Inc scooped up 27 additional shares in Citrix Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 7,956 shares of Citrix Systems which is valued at $664,644.Citrix Systems makes up approximately 0.27% of Wrapmanager Inc’s portfolio.

Other Hedge Funds, Including , Aberdeen Asset Management Plcuk reduced its stake in CTXS by selling 967 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 127,341 shares of CTXS which is valued at $10,638,067. Citrix Systems makes up approx 0.04% of Aberdeen Asset Management Plcuk’s portfolio.Gareth Morgan Investments Limited Partnership reduced its stake in CTXS by selling 18,359 shares or 37.6% in the most recent quarter. The Hedge Fund company now holds 30,467 shares of CTXS which is valued at $2,605,538. Citrix Systems makes up approx 0.23% of Gareth Morgan Investments Limited Partnership’s portfolio.V Wealth Managementllc boosted its stake in CTXS in the latest quarter, The investment management firm added 1,363 additional shares and now holds a total of 17,839 shares of Citrix Systems which is valued at $1,512,747. Citrix Systems makes up approx 1.25% of V Wealth Managementllc’s portfolio.Strs Ohio reduced its stake in CTXS by selling 2,669 shares or 13.77% in the most recent quarter. The Hedge Fund company now holds 16,709 shares of CTXS which is valued at $1,412,245. Citrix Systems makes up approx 0.01% of Strs Ohio’s portfolio.Acadian Asset Management reduced its stake in CTXS by selling 29,483 shares or 50.27% in the most recent quarter. The Hedge Fund company now holds 29,172 shares of CTXS which is valued at $2,517,544. Citrix Systems makes up approx 0.01% of Acadian Asset Management’s portfolio.

Citrix Systems closed down -1.16 points or -1.32% at $86.82 with 9,74,881 shares getting traded on Monday. Post opening the session at $88.13, the shares hit an intraday low of $86.72 and an intraday high of $88.38 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 $1.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Oct 19, 2016. Analyst had a consensus of $1.19. The company had revenue of $841.00 million for the quarter, compared to analysts expectations of $827.30 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 EPS.

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.

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