Adobe Systems (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, March 15th. The stock outperformed the S&P 500 by 55.16%.
Pictet North America Advisors Sa decreased its stake in Baidu Inc (BIDU) by 40.7% based on its latest 2017Q4 regulatory filing with the SEC.
Market Capitalization/Outstanding Shares/Intraday Volume: The company's Market capitalization is $109.81B with the total Outstanding Shares of 505.28M. The company maintains price to book ratio of 4.07 vs.an industry average at 1.04. It's up 0.90, from 0.67 in 2017Q3. About 402,851 shares traded.
Adobe Systems Incorporated operates as a diversified software company worldwide. It has outperformed by 31.65% the S&P500. With an institutional ownership near 92.3%, it carries an earnings per share ratio of -1.62. It also reduced its holding in Cincinnati Finl Corp (NASDAQ:CINF) by 23,259 shares in the quarter, leaving it with 11,561 shares, and cut its stake in Church & Dwight Inc (NYSE:CHD).
Big Money Sentiment decreased to 0.89 in 2017 Q4. Its up 0.06, from 0.77 in 2017Q3. It turned negative, as 47 investors sold ADBE shares while 389 reduced holdings. Dimensional Fund Advisors LP boosted its stake in Adobe Systems by 0.5% in the 3rd quarter. Investors holded 414.95 million in 2017Q3 but now own 410.42 million shares or 1.09% less. Fayez Sarofim stated it has 0.06% in 3M Company (NYSE:MMM). 41,488 are owned by Shelton Capital Mngmt.
Several hedge funds have recently bought and sold shares of the stock. Lansdowne Prtnrs (Uk) Limited Liability Partnership owns 15,661 shares. Brandywine Managers Ltd Co owns 5,065 shares for 0.25% of their portfolio. Neuberger Berman Grp Inc Limited Liability Co invested in 0.05% or 261,092 shares.More news: Suspect who killed deputy caught
Analysts expect MannKind Corporation (NASDAQ:MNKD) to report $-0.23 EPS on May, 9.They anticipate $0.01 EPS change or 4.55% from last quarter's $-0.22 EPS. Federated Invsts Pa reported 10,602 shares. Ten analysts have rated the stock with a hold recommendation, twenty-four have issued a buy recommendation and one has issued a strong buy recommendation on the company. Rosenblum Silverman Sutton S F Ca holds 1,415 shares. Genesee Valley Tru reported 1.38% stake. Cls Invests Ltd Co accumulated 13,208 shares. 21,972 were accumulated by Somerset Trust Communication. Liberty Mgmt holds 1.35% or 28,383 shares in its portfolio. State Of New Jersey Common Pension Fund D owns 156,200 shares.
Investors sentiment decreased to 0.97 in 2017 Q4. Another trade for 50,775 shares valued at $10.16 million was sold by THOMPSON MATTHEW. NARAYEN SHANTANU sold 165,023 shares worth $32.66 million. With 100 avg volume, 1493 days are for WHITBREAD PLC ORDINARY SHARES (OTCMKTS:WTBCF)'s short sellers to cover WTBCF's short positions. 4,146 shares were sold by Roman Michael F, worth $1.02M on Friday, February 2. Lewnes Ann sold $680,503 worth of stock. It fall, as 39 investors sold MSFT shares while 1012 reduced holdings. Analysts have 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 78% are positive. JP Morgan maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, March 16 with "Neutral" rating. RBC Capital Markets maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, January 25 with "Outperform" rating. RBC Capital Markets maintained it with "Outperform" rating and $112 target in Friday, December 11 report. The company was maintained on Tuesday, January 23 by Canaccord Genuity. On Tuesday, January 2 the stock rating was maintained by Stephens with "Buy". The firm has "Buy" rating given on Friday, March 16 by Cowen & Co. RBC Capital Markets has "Buy" rating and $15700 target. The firm earned "Hold" rating on Thursday, November 3 by Wunderlich. Barclays Capital has "Overweight" rating and $250 target. The company was maintained on Monday, October 2 by Morgan Stanley.
ADBE had 16 sales and 1 buy since December 13, 2017. $5.97 million worth of stock was sold by LAMKIN BRYAN on Wednesday, January 31. Moreover, Obermeyer Wood Invest Counsel Lllp has 0.05% invested in Adobe Systems Incorporated (NASDAQ:ADBE). $3.03M worth of stock was sold by WARNOCK JOHN E on Thursday, March 29.
Shares of Union Pacific Corporation (NYSE:UNP) are on our watchlist today as the stock has moved 3.61% from the open, touching $132.89 on a recent trade. Connor Clark & Lunn Investment Management has invested 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE). During the same quarter past year, the firm earned ($0.43) EPS.
On June, 19 is awaited Adobe Systems Incorporated (NASDAQ:ADBE)'s earnings report, according to Faxor. earnings per share of $1.25 is 54.32 % up from 2017's $0.81 EPS.
Apg Asset Management Nv increased Mastercard Incorporated (NYSE:MA) stake by 838,067 shares to 2.77 million valued at $348.63M in 2017Q4. Bancshares Of Nova Scotia holds 0.13% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 167,567 shares. Therefore 44% are positive. Now the stock price is moving -4.83% off from the highest level of twelve months and +69.63% above from twelve months low. The firm earned "Buy" rating on Friday, November 10 by Stifel Nicolaus. The firm has "Buy" rating by KeyBanc Capital Markets given on Tuesday, September 26. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 27, 2017 and is uptrending. Credit Suisse has "Buy" rating and $190.0 target. Deutsche Bank maintained it with "Buy" rating and $90 target in Wednesday, October 7 report.