Adobe Systems Incorporated (ADBE) Shares Sold by Lathrop Investment Management Corp

14 January, 2018, 21:17 | Author: Sammy Rose
  • Adobe Systems Incorporated (ADBE) Shares Sold by Lathrop Investment Management Corp

Adirondack Tru reported 2,624 shares. Northstar Asset Management Llc who had been investing in Celgene Corporation for a number of months, seems to be bullish on the $83.46B market cap company. The stock decreased 0.07% or $0.0062 during the last trading session, reaching $8.4238. About 729,034 shares traded. It has underperformed by 38.34% the S&P500.

Accuvest Global Advisors decreased Adobe Systems Inc (ADBE) stake by 98.97% reported in 2017Q3 SEC filing. Kiltearn Partners Llp bought 37,900 shares as the company's stock declined 2.83% while stock markets rallied. The institutional investor held 129,453 shares of the prepackaged software company at the end of 2017Q3, valued at $19.31 million, down from 131,511 at the end of the previous reported quarter. C M Bidwell & Associates Ltd who had been investing in Adobe Systems for a number of months, seems to be bullish on the $93.13 billion market cap company. 4,246,044 shares of the company traded hands, compared to its average volume of 3,000,000.

Adobe Systems (NASDAQ:ADBE) last posted its earnings results on Thursday, December 15th. It has outperformed by 25.59% the S&P500. Pivotal Research reissued a hold rating and issued a $104.00 price target (down from $136.00) on shares of Adobe Systems in a report on Thursday, January 12th. Therefore 76% are positive. RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 18. As per Thursday, October 19, the company rating was maintained by Canaccord Genuity. WARNOCK JOHN E sold $1.18M worth of stock. Invesco Ltd. (NYSE:IVZ) has risen 9.83% since January 12, 2017 and is uptrending. (NYSE:CIVI) has "Overweight" rating given on Wednesday, January 6 by Barclays Capital. Guggenheim downgraded the stock to "Neutral" rating in Tuesday, June 27 report. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: "Adobe: Getting Better By The Quarter" published on December 18, 2017 as well as Investorplace.com's news article titled: "Technicals Tell: Not the Time to Buy Adobe Systems Incorporated Stock" with publication date: December 21, 2017. The firm earned "Mkt Perform" rating on Thursday, October 6 by Raymond James. As per Wednesday, March 23, the company rating was maintained by Deutsche Bank.

Among 6 analysts covering Civitas Solutions (NYSE:CIVI), 5 have Buy rating, 0 Sell and 1 Hold. ADBE's profit will be $522.52 million for 46.00 P/E if the $1.06 EPS becomes a reality.

Since August 9, 2017, it had 1 insider buy, and 7 selling transactions for $6.56 million activity. People s United Financial Inc. now owns 13,776 shares of the software company's stock valued at $1,948,000 after buying an additional 40 shares during the last quarter. Lathrop Investment Management Corp sold 8,346 shares as Adobe Systems (ADBE)'s stock rose 14.01%. GESCHKE CHARLES M had sold 21,276 shares worth $3.97 million.

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Investors sentiment increased to 1.11 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2.

Vetr downgraded shares of Adobe Systems (NASDAQ:ADBE) from a strong-buy rating to a buy rating in a research report sent to investors on Wednesday, January 3rd. 97 funds opened positions while 312 raised stakes. Argus upped their price target on Adobe Systems from $170.00 to $195.00 and gave the company a buy rating in a research report on Wednesday, October 25th. Vanguard Gru has invested 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE). Clinton Group Inc. purchased a new position in shares of Adobe Systems during the 2nd quarter worth $411,000. Mai Capital holds 0.27% or 63,485 shares. Icon Advisers stated it has 32,580 shares or 0.34% of all its holdings. After $1.05 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth. 24,800 are held by Omers Administration Corp. Barnett Inc, a Tennessee-based fund reported 705 shares. Vision Capital Management has 0.43% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 9,140 shares. Mufg Americas has invested 0.28% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). After $0.17 actual EPS reported by American River Bankshares for the previous quarter, Wall Street now forecasts 17.65% EPS growth. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, September 21. It also reduced its holding in Leidos Inc (NYSE:LDOS) by 144,955 shares in the quarter, leaving it with 16,400 shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA).

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. Peak6 Invests Ltd Partnership has 0.03% invested in Schlumberger Limited (NYSE:SLB). Adage Cap Ptnrs Grp Inc Ltd Llc accumulated 708,828 shares. Globeflex Capital LP invested in 0.23% or 98,051 shares. Park Natl Oh owns 149,447 shares for 0.6% of their portfolio. It increased, as 15 investors sold VG shares while 66 reduced holdings. Grp Incorporated One Trading Limited Partnership stated it has 5,000 shares. Aureus Asset Management Limited Liability Com accumulated 1,545 shares or 0.04% of the stock. Destination Wealth accumulated 112,567 shares. Fort Washington Invest Advsr Oh owns 78,043 shares. (NASDAQ:DRNA). Fmr Ltd Liability Corporation reported 1.47M shares. Jp Marvel Investment Ltd Llc stated it has 0.68% of its portfolio in Danaher Corporation (NYSE:DHR). 290,881 shares of the company's stock were exchanged. (NASDAQ:DRNA). Ra Capital Mngmt Lc holds 2.43M shares. Amer And Management invested in 2.14% or 44,330 shares. Its up 0.01, from 1.1 in 2017Q2. Keefe Bruyette & Woods maintained the shares of IVZ in report on Friday, June 30 with "Buy" rating. They expect $0.43 EPS, up 4,400.00% or $0.44 from last year's $-0.01 per share. SJW's profit will be $9.03 million for 33.27 P/E if the $0.44 EPS becomes a reality. Envestnet Asset Mgmt holds 0.08% or 221,530 shares in its portfolio.

Among 35 analysts covering Schlumberger Limited. (NYSE:SLB), 27 have Buy rating, 1 Sell and 7 Hold. Therefore 60% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Leerink Swann on Friday, July 28 with "Outperform". The firm earned "Buy" rating on Friday, August 11 by H.C. Wainwright. The rating was maintained by Sandler O'Neill with "Hold" on Thursday, January 4. The rating was maintained by Jefferies on Friday, August 11 with "Hold". The company was upgraded on Monday, May 23 by Goldman Sachs. The company was maintained on Monday, January 8 by BMO Capital Markets. RBC Capital Markets maintained it with "Outperform" rating and $112 target in Friday, December 11 report. Canaccord Genuity maintained the shares of CIVI in report on Tuesday, December 12 with "Buy" rating. Eight investment analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company.

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