Citrix Systems (NASDAQ:CTXS): Stifel Nicolaus Keeps Hold Rating Today, Has a Target of $105/Share

April 26, 2018 - By Clifton Ray

Citrix Systems, Inc. (NASDAQ:CTXS) Logo

Investors sentiment decreased to 0.68 in 2017 Q4. Its down 0.21, from 0.89 in 2017Q3. It turned negative, as 41 investors sold Citrix Systems, Inc. shares while 201 reduced holdings. 52 funds opened positions while 112 raised stakes. 125.57 million shares or 4.04% less from 130.86 million shares in 2017Q3 were reported.

Caprock Grp reported 4,902 shares. Macquarie Grp Incorporated Ltd invested 0.01% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). 22,798 were reported by Yhb Invest. Moreover, Tributary Cap Mgmt Limited Co has 0.13% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Stratos Wealth Prtnrs stated it has 1,387 shares or 0.01% of all its holdings. Martingale Asset L P reported 60,616 shares or 0.07% of all its holdings. Moreover, Royal Retail Bank Of Canada has 0.02% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Los Angeles Management Equity Research invested in 0.26% or 535,943 shares. Ghp Investment Advisors has invested 0.16% in Citrix Systems, Inc. (NASDAQ:CTXS). Cwm Limited Liability Corp stated it has 0% in Citrix Systems, Inc. (NASDAQ:CTXS). Aperio Group Inc Ltd Co invested in 148,422 shares. Congress Asset Mngmt Ma owns 26,439 shares for 0.03% of their portfolio. Goodman Fincl Corporation reported 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Gulf Intll Bankshares (Uk) Limited holds 49,004 shares or 0.05% of its portfolio. Financial Management Pro invested in 0% or 92 shares.

Since January 3, 2018, it had 0 insider buys, and 5 sales for $8.01 million activity. 2,500 shares valued at $222,250 were sold by COYLE MARK M on Wednesday, January 3. Shares for $424,348 were sold by VAN ROTTERDAM JEROEN. CALDERONI ROBERT sold $243,310 worth of stock.

Citrix Systems (NASDAQ:CTXS) Rating Reaffirmed

In a note revealed to investors this morning, Stifel Nicolaus maintained their Hold rating on Citrix Systems (NASDAQ:CTXS) shares. The TP suggests a possible upside of 3.79 % from firm’s current stock price.

Investors sentiment decreased to 0.68 in 2017 Q4. Its down 0.21, from 0.89 in 2017Q3. It turned negative, as 41 investors sold Citrix Systems, Inc. shares while 201 reduced holdings. 52 funds opened positions while 112 raised stakes. 125.57 million shares or 4.04% less from 130.86 million shares in 2017Q3 were reported.

Caprock Grp reported 4,902 shares. Macquarie Grp Incorporated Ltd invested 0.01% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). 22,798 were reported by Yhb Invest. Moreover, Tributary Cap Mgmt Limited Co has 0.13% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Stratos Wealth Prtnrs stated it has 1,387 shares or 0.01% of all its holdings. Martingale Asset L P reported 60,616 shares or 0.07% of all its holdings. Moreover, Royal Retail Bank Of Canada has 0.02% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Los Angeles Management Equity Research invested in 0.26% or 535,943 shares. Ghp Investment Advisors has invested 0.16% in Citrix Systems, Inc. (NASDAQ:CTXS). Cwm Limited Liability Corp stated it has 0% in Citrix Systems, Inc. (NASDAQ:CTXS). Aperio Group Inc Ltd Co invested in 148,422 shares. Congress Asset Mngmt Ma owns 26,439 shares for 0.03% of their portfolio. Goodman Fincl Corporation reported 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Gulf Intll Bankshares (Uk) Limited holds 49,004 shares or 0.05% of its portfolio. Financial Management Pro invested in 0% or 92 shares.

Since January 3, 2018, it had 0 insider buys, and 5 sales for $8.01 million activity. 2,500 shares valued at $222,250 were sold by COYLE MARK M on Wednesday, January 3. Shares for $424,348 were sold by VAN ROTTERDAM JEROEN. CALDERONI ROBERT sold $243,310 worth of stock.

Citrix Systems, Inc. (NASDAQ:CTXS) Ratings Coverage

Among 13 analysts covering Citrix Systems (NASDAQ:CTXS), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 38% are positive. Citrix Systems has $12000 highest and $84 lowest target. $98.55’s average target is -2.59% below currents $101.17 stock price. Citrix Systems had 18 analyst reports since October 27, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, February 1 by RBC Capital Markets. As per Friday, October 27, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Thursday, January 18 by Robert W. Baird. As per Thursday, February 1, the company rating was maintained by Morgan Stanley. The rating was maintained by Robert W. Baird on Thursday, January 4 with “Buy”. Bernstein maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Thursday, February 1 with “Buy” rating. On Thursday, February 1 the stock rating was maintained by Bank of America with “Neutral”. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, December 14 report. Goldman Sachs upgraded the shares of CTXS in report on Friday, November 3 to “Buy” rating. The rating was maintained by Robert W. Baird with “Outperform” on Wednesday, April 18.

The stock increased 4.75% or $4.59 during the last trading session, reaching $101.17. About 4.80M shares traded or 165.33% up from the average. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 10.64% since April 27, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Citrix Systems, Inc. provides an integrated platform for secure app and data delivery, and network functionality as a cloud service worldwide. The company has market cap of $13.77 billion. The firm offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives clients the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients. It currently has negative earnings. The Company’s workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions.

Citrix Systems, Inc. (NASDAQ:CTXS) Institutional Positions Chart

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