Janus Henderson Group PLC boosted its stake in Citrix Systems, Inc. (NASDAQ:CTXS) by 653.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 165,749 shares of the cloud computing company’s stock after purchasing an additional 143,758 shares during the period. Janus Henderson Group PLC owned about 0.11% of Citrix Systems worth $13,190,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Royal Bank of Canada increased its holdings in Citrix Systems by 15.5% in the second quarter. Royal Bank of Canada now owns 547,236 shares of the cloud computing company’s stock valued at $43,550,000 after purchasing an additional 73,558 shares during the period. AHL Partners LLP increased its holdings in Citrix Systems by 58.5% in the second quarter. AHL Partners LLP now owns 117,436 shares of the cloud computing company’s stock valued at $9,346,000 after purchasing an additional 43,344 shares during the period. Clinton Group Inc. acquired a new stake in Citrix Systems in the second quarter valued at $1,628,000. Farallon Capital Management LLC increased its holdings in Citrix Systems by 8.2% in the second quarter. Farallon Capital Management LLC now owns 1,606,673 shares of the cloud computing company’s stock valued at $127,859,000 after purchasing an additional 121,549 shares during the period. Finally, Stifel Financial Corp increased its holdings in Citrix Systems by 2.9% in the second quarter. Stifel Financial Corp now owns 104,016 shares of the cloud computing company’s stock valued at $8,296,000 after purchasing an additional 2,898 shares during the period. Institutional investors and hedge funds own 93.58% of the company’s stock.

A number of research firms recently weighed in on CTXS. Royal Bank Of Canada restated a “hold” rating and issued a $85.00 price objective on shares of Citrix Systems in a report on Tuesday, October 10th. BidaskClub downgraded Citrix Systems from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Robert W. Baird set a $90.00 price objective on Citrix Systems and gave the company a “buy” rating in a report on Friday, October 6th. Stifel Nicolaus restated a “hold” rating and issued a $77.00 price objective on shares of Citrix Systems in a report on Thursday, August 3rd. Finally, Zacks Investment Research downgraded Citrix Systems from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $89.54.

Citrix Systems, Inc. (NASDAQ CTXS) opened at 83.49 on Friday. The company has a market cap of $12.65 billion, a PE ratio of 28.13 and a beta of 1.49. Citrix Systems, Inc. has a 52-week low of $65.56 and a 52-week high of $87.99. The stock’s 50 day moving average is $78.32 and its 200-day moving average is $80.31.

Citrix Systems (NASDAQ:CTXS) last announced its quarterly earnings results on Wednesday, August 2nd. The cloud computing company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Citrix Systems had a net margin of 15.08% and a return on equity of 31.07%. The company had revenue of $693.00 million for the quarter, compared to analysts’ expectations of $690.83 million. During the same quarter in the prior year, the firm earned $1.20 EPS. Citrix Systems’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities research analysts predict that Citrix Systems, Inc. will post $4.63 EPS for the current fiscal year.

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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.

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

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