Citrix Systems (NASDAQ:CTXS) Receives News Sentiment Rating of 0.31

Gwen Vasquez
August 3, 2017

The stock declined 0.77% or $0.51 reaching $65.49 on the news. About 278,499 shares traded. (NASDAQ:CTXS) has risen 26.42% since August 2, 2016 and is uptrending. It has underperformed by 46.64% the S&P500. Bank of Montreal Can increased its stake in Citrix Systems by 35.6% in the second quarter. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company's stock.

For the current quarter ending in October, Citrix expects its per-share earnings to range from $1.02 to $1.05. About 7.62M shares traded. (NASDAQ:CTXS). Patten has invested 0.04% of its portfolio in Citrix Systems, Inc. The stock has "Market Outperform" rating by JMP Securities on Wednesday, March 9. Therefore 80% are positive. The bumped up target suggests a potential downside of -0.03% from the company's last stock close price. On Tuesday, August 18 the stock rating was maintained by Piper Jaffray with "Overweight". RBC Capital Markets maintained it with "Sector Perform" rating and $75 target in Wednesday, July 29 report. The rating was maintained by FBR Capital on Thursday, October 22 with "Outperform". The firm earned "Underweight" rating on Wednesday, July 27 by Morgan Stanley.

Cypress Asset Management Inc, which manages about $521.61M US Long portfolio, decreased its stake in Nextera Energy Inc (NYSE:NEE) by 20,459 shares to 5,535 shares, valued at $661,000 in 2016Q4, according to the filing. It also reduced Amn Healthcare Servi (NYSE:AHS) stake by 53,300 shares and now owns 385,600 shares. Cowen & Co maintained Citrix Systems, Inc. -EPS Growth (Y-o-Y): 3.0% -Revenue (Q2): $693.23 Mln vs. $673.99 Mln previous year. More interesting news about AT&T Inc. Gildan Activewear (NYSE:GIL) was reduced too. Foxbusiness.com's news article titled: "Citrix Systems Parts Ways With CEO - Update" with publication date: July 10, 2017 was also an interesting one.

Investors sentiment increased to 1.83 in Q4 2016. Its down 0.15, from 1.4 in 2016Q3. Dimensional Fund Advsrs Limited Partnership reported 21,414 shares stake. (NASDAQ:CTXS) or 12,105 shares. Segall Bryant Hamill Llc has invested 0.12% in Facebook Inc (NASDAQ:FB). Sterneck Cap Ltd Limited Liability Company owns 3.2% invested in AT&T Inc. Tarbox Grp owns 2,205 shares.

The stock increased 0.80% or $0.63 during the last trading session, hitting $106.00. Sumitomo Mitsui Asset Mngmt Ltd holds 0.4% of its portfolio in Ventas, Inc. American Gru has invested 0.44% of its portfolio in Facebook Inc (NASDAQ:FB). Reliance Of Delaware stated it has 11,155 shares. Huntington Commercial Bank invested in 0% or 486 shares. Ent Ser Corporation reported 134 shares. 3,516 were accumulated by Northeast Fincl Consultants Inc. Clarivest Asset Ltd Liability Corp accumulated 0% or 8 shares. Wellington Llp reported 243,602 shares or 0.01% of all its holdings. Gateway Investment Advisers LLC's holdings in Citrix Systems were worth $760,000 as of its most recent SEC filing. The correct version of this piece can be accessed at https://www.baseball-news-blog.com/2017/08/03/meeder-asset-management-inc-has-184000-position-in-citrix-systems-inc-ctxs-updated.html. Citrix Systems had a net margin of 14.75% and a return on equity of 31.02%. Nasdaq.com's news article titled: "Palo Capital, Inc".

01/26/2017 - Citrix Systems, Inc. had its " rating reiterated by analysts at Citigroup. BTIG Research reissued a "neutral" rating on shares of Citrix Systems in a report on Monday, April 24th. (NASDAQ:CTXS), 4 rate it "Buy", 5 "Outperform", 12 "Underperform", 1 "Sell", while 2 "Hold". Therefore 45% are positive. Citrix Systems has a 1-year low of $64.11 and a 1-year high of $87.99. RBC Capital Markets maintained the shares of CTXS in report on Thursday, October 22 with "Sector Perform" rating. The firm has "Buy" rating given on Friday, July 21 by Deutsche Bank. The biggest holder now is Mr. Mark B. Templeton who owns 353,809 shares (0.23% of those outstanding), whilst Mr. David J. Henshall holds 288,229 (0.19% of shares outstanding) and Mr. Robert M. Calderoni holds 253,430 (0.17% of shares outstanding). $1.22M worth of Citrix Systems, Inc. As per Tuesday, January 3, the company rating was downgraded by Jefferies. The firm earned "Market Perform" rating on Thursday, August 20 by William Blair.

More news: Dominion Diamond Corporation (DDC) Cut to "Market Perform" at BMO Capital Markets

Investors sentiment is 0.77 in 2016 Q4. Its the same as in 2016Q3. Honeywell International holds 0.35% or 930,913 shares in its portfolio. Moreover, Gam Holdg Ag has 0.08% invested in Citrix Systems, Inc.

A number of equities research analysts recently issued reports on the stock. Tiaa Cref Inv Mgmt Lc stated it has 1.02M shares. Global X Mngmt Co Limited Liability has invested 0.02% in Ventas, Inc.

Citrix shares have dropped 11 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 11 percent.

Want to see what other hedge funds are holding CTXS? Carroll Financial Associate holds 0% or 309 shares in its portfolio. Hanson Mcclain invested in 0% or 377 shares. Pennsylvania-based Sei Invests has invested 0.02% in Citrix Systems, Inc. (NASDAQ:CTXS) for 25,299 shares.

03/14/2017 - Citrix Systems, Inc. had its " rating reiterated by analysts at RBC Capital. Ci A (NASDAQ:CMCSA) stake by 9,910 shares to 13,415 valued at $926,000 in 2016Q4. Janus owns 249,158 shares or 0.02% of their USA portfolio.

Since February 28, 2017, it had 0 buys, and 4 insider sales for $1.53 million activity. Citrix Sys Inc Com now has $11.97B valuation.

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