Published: Sat, February 10, 2018
Science | By Hubert Green

Basic Trading Data for Adobe Systems Incorporated (ADBE)

The company has a market cap of $94,550.20, a PE ratio of 54.62, a price-to-earnings-growth ratio of 2.35 and a beta of 1.18. The stock decreased 0.21% or $0.02 during the last trading session, reaching $9.7. About 2.81 million shares traded or 6.33% up from the average. PIMCO California Municipal Income Fund II (NYSE:PCK) has declined 3.09% since February 8, 2017 and is downtrending. It has underperformed by 9.65% the S&P500.

Quotient Investors Llc increased its stake in Adobe Sys Inc Com (ADBE) by 85.29% based on its latest 2017Q3 regulatory filing with the SEC. They expect $1.06 EPS, up 35.90% or $0.28 from last year's $0.78 per share. The Dodge & Cox holds 100,603 shares with $15.01 million value, down from 124,667 last quarter. The stock was sold at an average price of $187.38, for a total value of $10,209,961.44. About 2.65M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 9, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Investors sentiment decreased to 1.73 in 2017 Q3. The software company reported $1.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.16 by $0.10. $5.81M worth of stock was sold by Morris Donna on Wednesday, January 24. Mitsubishi Ufj Tru And Bk Corp reported 0.29% stake. Axa reported 499,266 shares. First Interstate Bancorp holds 0% in NVIDIA Corporation (NASDAQ:NVDA) or 62 shares. New York-based Hap Trading has invested 0.17% in Energen Corporation (NYSE:EGN).

Avalon Limited Liability Corporation, a Texas-based fund reported 108,064 shares. Howard Cap Mngmt has 0.04% invested in The Home Depot, Inc. Salem Investment Counselors has invested 0% in Energen Corporation (NYSE:EGN). 445,362 were accumulated by Deprince Race Zollo. Boston Ptnrs reported 0.59% of its portfolio in Energen Corporation (NYSE:EGN). Highland Limited Liability Company owns 4,761 shares. 14,265 were accumulated by Eaton Vance. Ftb Advsrs Inc reported 2,622 shares stake. Ballentine Ptnrs Ltd Liability Com accumulated 0.04% or 4,283 shares. Fj Cap Management Limited Co has invested 0.39% in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL).

Coastline Trust Co increased Vanguard Ftse Developed Market (VEA) stake by 15,035 shares to 193,350 valued at $8.39M in 2017Q3. On Wednesday, January 10 the stock rating was maintained by Guggenheim with "Buy". Therefore 80% are positive. Energen Corporation had 117 analyst reports since July 21, 2015 according to SRatingsIntel. Royal Bank Of Canada upped their target price on Adobe Systems from $135.00 to $157.00 and gave the company an "outperform" rating in a report on Thursday, May 25th. The insider Banse Amy bought 1,125 shares worth $199,520. Nine analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. The firm earned "Outperform" rating on Tuesday, March 22 by iBERIA Capital Partners. The stock has "Neutral" rating by Credit Suisse on Thursday, April 21. Deutsche Bank maintained Union Pacific Corporation (NYSE:UNP) rating on Monday, October 12. Following the completion of the transaction, the executive vice president now directly owns 50,497 shares in the company, valued at $8,761,229.50.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.59, from 0.55 in 2017Q2. It improved, as 42 investors sold Adobe Systems Incorporated shares while 327 reduced holdings.

Other hedge funds have also made changes to their positions in the company. On Friday, May 13 the stock rating was upgraded by JP Morgan to "Overweight". 387.15 million shares or 0.29% less from 388.29 million shares in 2017Q2 were reported. Qs Investors Ltd Company invested in 105,275 shares. During the same period in the prior year, the firm earned $0.90 earnings per share. equities research analysts anticipate that Adobe Systems Incorporated will post 5.12 EPS for the current year. About 1.29M shares traded. Barclays Capital maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, October 19 with "Overweight" rating. Susquehanna Grp Limited Liability Partnership reported 483,836 shares. Retirement Of Alabama owns 239,378 shares for 0.19% of their portfolio. The shares were sold at an average price of $173.50, for a total transaction of $338,845.50. $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by WARNOCK JOHN E on Friday, October 20. Whittier Communications holds 3,057 shares or 0.02% of its portfolio.

Brave Warrior Advisors Llc, which manages about $2.80B and $2.07B US Long portfolio, decreased its stake in Hca Healthcare Inc (NYSE:HCA) by 162,074 shares to 2.92M shares, valued at $232.27 million in 2017Q3, according to the filing.

Since August 9, 2017, it had 1 insider buy, and 14 selling transactions for $79.49 million activity.

Genesee Valley Trust Co. lessened its holdings in shares of Adobe Systems Incorporated (NASDAQ:ADBE) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Tower Rech Capital Lc (Trc) holds 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 689 shares. Deutsche Bank cut shares of Adobe Systems from a "buy" rating to a "hold" rating and boosted their price target for the company from $153.93 to $160.00 in a research report on Monday, October 16th. Therefore 76% are positive. Canaccord Genuity reaffirmed a "buy" rating and set a $220.00 price objective (up from $195.00) on shares of Adobe Systems in a report on Tuesday, January 23rd.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company now has a consensus rating of "Buy" and a consensus target price of $197.79. Finally, Citigroup Inc. reaffirmed a "buy" rating and issued a $161.00 target price (up from $141.00) on shares of Adobe Systems in a research report on Tuesday, June 13th.

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