Macquarie Group Ltd. Sells 59844 Shares of Adobe Systems Incorporated (ADBE)

Adobe Systems

Weatherly Asset Management who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $74.79 billion market cap company. The Average Volume of the company is 2.01 Million, while the Volume of the company in the last trading session was 2.37 Billion. About 1.62M shares traded. The value of the company's investment in Adobe Systems Incorporated increased from $11,861,000 to $12,309,000 a change of $448,000 quarter over quarter. Columbus Circle Investors sold 160,383 shares as the company's stock rose 32.64% with the market. The company has market cap of $1.02 billion. The stock declined 0.22% or $0.4 reaching $184.5 per share. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since October 11, 2016 and is uptrending. It has outperformed by 91.16% the S&P500. Robert W. Baird reiterated a "buy" rating and set a $160.00 target price on shares of Adobe Systems in a research report on Friday, September 1st.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: which released: "Adobe: Beat-And-Raise Met With Little Enthusiasm" on September 20, 2017, also with their article: "Adobe Moves Closer To Microsoft" published on September 21, 2017, published: "Adobe: Digitally Transformed In The Cloud" on September 22, 2017. It also increased its holding in Enersys (NYSE:ENS) by 10,800 shares in the quarter, for a total of 171,783 shares, and has risen its stake in Regal (NYSE:RBC).

Wenger: We'll give Wilshere enough games to make WC squad
But he stayed with Arsenal and has since played three games upon his return from injury. Defending In Numbers is a new Deezer Originals football podcast, created by Squawka.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 79% are positive. On Sunday, September 3 the stock rating was maintained by RBC Capital Markets with "Buy". The mean target price as estimated by the analysts for the company has been recorded at $12.41. Atlantic Securities upgraded the stock to "Overweight" rating in Wednesday, October 14 report. Rosenblatt Securities reaffirmed a "buy" rating and set a $155.00 price target on shares of Adobe Systems in a research report on Wednesday, March 29th. The company was maintained on Friday, March 18 by RBC Capital Markets. The firm has "Buy" rating given on Friday, September 23 by Argus Research. The rating was maintained by Pivotal Research on Friday, December 11 with "Buy". Further, the Earnings to Price yield of Adobe Systems Incorporated NasdaqGS:ADBE is 2.14%. Citigroup has "Buy" rating and $114 target.

A statistical measure of the dispersion of returns (volatility) for ADBE producing salvation in Investors mouth, it has week volatility of 1.16% and for the month booked as 1.41%. Its down 0.02, from 1.06 in 2017Q1. The total value of its holdings increased 48.1%. Kernodle & Katon Asset Management Group LLC raised its stake in Adobe Systems by 69.8% in the third quarter. During the same quarter in the previous year, the firm earned $0.66 earnings per share. 30,246 are owned by Virtus Inv Advisers. 3,905 were accumulated by Spectrum Asset Incorporated (Nb Ca). Nomura downgraded the shares of CTAS in report on Tuesday, June 27 to "Hold" rating. Grandfield And Dodd Ltd Liability Com has 13,060 shares for 0.22% of their portfolio. Baring Asset Mgmt has 26,699 shares. Wfg Advsr Lp owns 1,338 shares. Srs Investment Mngmt Ltd Liability has invested 0.74% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). About 1.35M shares traded. Baystate Wealth Limited Liability Company reported 20 shares stake. Gofen & Glossberg LLC IL boosted its position in Adobe Systems by 2.7% during the 1st quarter. The High end of the forecast is $1.19 per share, while the Low end is $1.14 per share. (NYSE:DG) for 30,793 shares. It also reduced Us Bancorp (NYSE:USB) stake by 16,829 shares and now owns 170,439 shares. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Weatherly Asset Management sold 8,820 shares as the company's stock rose 14.01% with the market. Its up 0.10, from 1 in 2017Q1. It dived, as 43 investors sold LRCX shares while 255 reduced holdings. 59 funds opened positions while 152 raised stakes. Avalon Advisors Llc owns 110,228 shares for 0.52% of their portfolio. The institutional investor owned 3,397 shares of the software company's stock after selling 96 shares during the period. Fifth Third Financial Bank accumulated 0.1% or 94,117 shares. Next Financial Group, a Texas-based fund reported 165 shares. Ally Inc reported 0.11% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). State Of Tennessee Treasury Department has invested 0.06% of its portfolio in Dollar General Corp. Keybank Natl Association Oh reported 6,161 shares. Hermes Investment Ltd holds 7,600 shares or 0.02% of its portfolio. Amalgamated Bankshares reported 58,250 shares. Lam Research Corporation had 54 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Avigilon Corp (TSE:AVO) earned "Outperform" rating by Raymond James on Wednesday, March 1.

Valeant Pharmaceuticals International (NYSE:VRX) Q2 2017 Sentiment
Rodman & Renshaw downgraded Valeant Pharmaceuticals Intl Inc (NYSE: VRX ) on Thursday, November 10 to "Neutral" rating. Several other hedge funds and other institutional investors have also made changes to their positions in the company.

09/20/2017 - Adobe Systems Incorporated had its "outperform" rating reiterated by analysts at Sanford C. Bernstein. The rating was maintained by Needham with "Buy" on Thursday, October 20. The firm earned "Sector Perform" rating on Friday, August 19 by IBC.

'Sad and pained' De Lima to appeal court's decision on arrest
She allegedly used the proceeds from the drug transactions to her 2016 senatorial bid. The Supreme Court is set to hold a press conference on its ruling Tuesday afternoon.

Related News:

Most liked

Astronauts grease robot arm's latch
On October 5, the duo had replaced the latching mechanism on one end of the Canadian-made robotic arm , called Canadarm2. The camera that was replaced on Tuesday was adding pink hue in the images, thus degrading the quality of the images.

Finally! Amazon introduces a waterproof Kindle; priced at Rs 21999
The Kindle Oasis is available for pre-order in Canada on for $389.99 , with the device ready for shipping on October 31. Other than this, the device is IPX8 waterproof certified, as it can be submerged in water up to 2 metre for up to 60 minutes.

Aarushi murder case: Allahabad High Court to deliver verdict today
December 29, 2009: A year later, the CBI files a closure report saying that there are no sufficient evidences in the case. It is the case of May 2008, when 14 years old Aarushi found dead in her house of Clifford Vihar area in Noida.

SpaceX launches satellites from Vandenberg, completes landing
This was the third successful launch by the Hawthorne-based company using an already flown 16-story-tall booster. The same booster first flew on a February mission to the International Space Station with a Dragon capsule.

Helios And Matheson's Stake In MoviePass Is Paying Off
In Play Stocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday. A few other technical indicators have now started to show themselves as the upside of the stock begins to take center stage.

Columbia's Radamel Falcao admits discussing draw with Peru's Renato Tapia
South American media has branded the incident the "Lima Pact" but there is little evidence Falcao, 31, did anything dishonest. He told Colombian outlet Win Sports: "I believe that Colombia today can play against anyone".

AFC Asian Cup qualifier, India vs Macau
The last time India reached the main stage of Asian football's showpiece event through the direct qualification route was in 1984. They have sealed qualification in some style in a tricky group, with two matches to spare.

Reliance Jio's new plan offers 100 per cent cashback on Rs 399
This means that for eight future recharges you will effectively have to pay Rs. 50 less than what you are supposed to pay. Under the Jio Diwali Dhan Dhana Dhan offer , users can extend the all unlimited benefits that users are enjoying now.

Spanish PM Rajoy demands clarity from Catalonia on Independence
About 2.3 million Catalans, or 43 per cent of the electorate in the wealthy northeastern region, voted in the referendum. If independence had been declared, said Sánchez, then the PSOE would back the actions of the Spanish government.

Kobe Steel scandal deepens as two more products under suspicion
Conglomerate Toshiba Corp 6502.T is still battling the fallout of a scandal over reporting inflated profits. And US plane manufacturer Boeing also said it had not found any safety issues.

Next Weeks Broker Price Targets For Spirit Realty Capital, Inc. (NYSE:SRC)
On Friday, June 2 JOSEPH PHILLIP D JR bought $50,049 worth of Spirit Realty Capital, Inc (New) (NYSE: SRC ) or 6,700 shares. ValuEngine downgraded Spirit Realty Capital from a "buy" rating to a "hold" rating in a report on Friday, September 1st.

Michael Jordan Donates $7 Million to the Charlotte Community
Michael Jordan is donating $7 million to build two medical facilities to serve at-risk and underserved communities in Charlotte . Jordan, 54, has big ties to North Carolina, growing up in Wilmington and attending UNC-Chapel Hill.

CBI: In SC, Karti misrepresented facts on assets
Chidambaram and his son Karti, facing the criminal probe, have filed separate affidavits in the apex court alleging vendetta. Following this submission by senior counsel Kapil Sibal, a three-judge bench of Chief Justice Dipak Misra and Justices A.M.

Hewlett Packard Enterprise Company (HPE) Receives Outperform Rating from Sanford C. Bernstein
Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. Following the transaction, the executive vice president now directly owns 494,360 shares in the company, valued at $7,351,133.20.

Scientists find $1.8 million worth of gold in Swiss wastewater
While the ultimate fate of the various elements has been little studied to date, a large proportion is known to enter wastewater. Scientists have struck gold in an unlikely place: Swiss sewage and waste water treatment plants.