Mutual of America Capital Management LLC Purchases 361 Shares of Citrix Systems, Inc. (NASDAQ:CTXS)

Mutual of America Capital Management LLC increased its stake in shares of Citrix Systems, Inc. (NASDAQ:CTXSGet Rating) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,009 shares of the cloud computing company’s stock after acquiring an additional 361 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Citrix Systems were worth $1,653,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mackenzie Financial Corp boosted its stake in Citrix Systems by 23.2% during the second quarter. Mackenzie Financial Corp now owns 45,764 shares of the cloud computing company’s stock worth $4,447,000 after acquiring an additional 8,614 shares in the last quarter. Kellner Capital LLC raised its holdings in Citrix Systems by 2.2% during the second quarter. Kellner Capital LLC now owns 45,983 shares of the cloud computing company’s stock worth $4,468,000 after buying an additional 1,000 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Citrix Systems by 3.6% during the second quarter. Principal Financial Group Inc. now owns 159,088 shares of the cloud computing company’s stock worth $15,459,000 after buying an additional 5,461 shares during the last quarter. Cerity Partners LLC raised its holdings in Citrix Systems by 152.4% during the second quarter. Cerity Partners LLC now owns 8,500 shares of the cloud computing company’s stock worth $825,000 after buying an additional 5,132 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in Citrix Systems by 3.0% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 188,566 shares of the cloud computing company’s stock worth $18,323,000 after buying an additional 5,465 shares during the last quarter. 87.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Citrix Systems in a report on Wednesday, October 12th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $86.00.

Citrix Systems Stock Performance

Shares of CTXS stock opened at $103.90 on Friday. The firm has a 50-day moving average of $103.87 and a 200-day moving average of $101.68. The company has a market cap of $13.18 billion, a P/E ratio of 40.12 and a beta of 0.08. The company has a debt-to-equity ratio of 3.92, a current ratio of 0.82 and a quick ratio of 0.81. Citrix Systems, Inc. has a one year low of $78.07 and a one year high of $108.84.

About Citrix Systems

(Get Rating)

Citrix Systems, Inc, an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance, which uses machine learning to quantify user experience; Citrix Secure Workspace Access that provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps.

Further Reading

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

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