Citrix Systems, Inc. (CTXS) Shares Sold by Trillium Asset Management LLC

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Trillium Asset Management LLC decreased its holdings in shares of Citrix Systems, Inc. (NASDAQ:CTXS) by 37.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,053 shares of the cloud computing company’s stock after selling 3,613 shares during the period. Trillium Asset Management LLC’s holdings in Citrix Systems were worth $603,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CTXS. Pearl River Capital LLC purchased a new stake in Citrix Systems during the fourth quarter valued at about $26,000. Smart Portfolios LLC purchased a new stake in Citrix Systems during the fourth quarter valued at about $29,000. CWM LLC raised its position in Citrix Systems by 43.4% during the fourth quarter. CWM LLC now owns 324 shares of the cloud computing company’s stock valued at $33,000 after purchasing an additional 98 shares in the last quarter. Essex Savings Bank purchased a new stake in Citrix Systems during the fourth quarter valued at about $43,000. Finally, MV Capital Management Inc. raised its position in Citrix Systems by 34.8% during the first quarter. MV Capital Management Inc. now owns 476 shares of the cloud computing company’s stock valued at $47,000 after purchasing an additional 123 shares in the last quarter. 98.96% of the stock is owned by institutional investors.

In related news, EVP Mark J. Ferrer sold 1,388 shares of the business’s stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $105.04, for a total transaction of $145,795.52. Following the transaction, the executive vice president now owns 58,033 shares in the company, valued at approximately $6,095,786.32. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Matto Andrew H. Del sold 582 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $106.78, for a total value of $62,145.96. Following the transaction, the chief financial officer now owns 60,294 shares in the company, valued at approximately $6,438,193.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,221 shares of company stock worth $1,638,344. Company insiders own 0.54% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub upgraded Citrix Systems from a “hold” rating to a “buy” rating in a report on Thursday, February 7th. Wedbush decreased their price objective on Citrix Systems from $115.00 to $110.00 and set a “neutral” rating on the stock in a report on Thursday, January 24th. TheStreet upgraded Citrix Systems from a “c+” rating to a “b” rating in a report on Wednesday, January 23rd. Zacks Investment Research downgraded Citrix Systems from a “hold” rating to a “sell” rating in a report on Monday, April 29th. Finally, ValuEngine downgraded Citrix Systems from a “buy” rating to a “hold” rating in a report on Friday, April 19th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $114.30.

Shares of CTXS traded down $0.19 during trading hours on Friday, hitting $96.39. The company had a trading volume of 23,950 shares, compared to its average volume of 1,829,081. The company has a market cap of $12.64 billion, a P/E ratio of 20.97, a P/E/G ratio of 2.71 and a beta of 1.00. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.34. Citrix Systems, Inc. has a 52-week low of $95.00 and a 52-week high of $116.82.

Citrix Systems (NASDAQ:CTXS) last released its quarterly earnings data on Wednesday, April 24th. The cloud computing company reported $1.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.86 by $0.41. The firm had revenue of $719.14 million for the quarter, compared to the consensus estimate of $707.78 million. Citrix Systems had a return on equity of 94.77% and a net margin of 18.08%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.29 earnings per share. Equities research analysts forecast that Citrix Systems, Inc. will post 4.37 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.40 annualized dividend and a dividend yield of 1.45%. Citrix Systems’s dividend payout ratio is currently 30.57%.

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Citrix Systems Profile

Citrix Systems, Inc provides workspace, networking, and analytics solutions worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops, a cloud-enabled app and desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and Citrix Virtual Apps that allows Windows and Linux applications to be remotely delivered to Macs, PCs, thin clients, and Android/iOS mobile devices from any cloud, on-premises datacenter, or both.

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

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