It has underperformed by 76.89% the S&P500.
Lone Pine Capital Llc decreased Adobe Sys Inc (ADBE) stake by 18.33% reported in 2017Q2 SEC filing. Soros Fund Management Llc sold 4,000 shares as Adobe Sys Inc (ADBE)'s stock rose 14.01%. Private Asset Management Inc. acquired a new stake in Adobe Systems during the second quarter worth approximately $205,000. Adobe Systems Inc now has $83.03B valuation. The total number of shares traded in the last 12 months is 1.23 million. The Ashfield Capital Partners Llc holds 58,941 shares with $8.34M value, down from 63,794 last quarter. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 4, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.The move comes after 8 months negative chart setup for the $84.20B company.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.
Among 9 analysts covering Tyman (LON:TYMN), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 55% are positive. TD Ameritrade had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James has "Outperform" rating and $26 target. (NYSE:LOW) has "Buy" rating given on Monday, October 30 by RBC Capital Markets. The firm has "Buy" rating by Canaccord Genuity given on Thursday, October 19. $277,840 worth of stock was sold by Posner Brian S on Friday, June 9. Five research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and two have issued a strong buy rating to the company's stock. The rating was initiated by Oppenheimer on Wednesday, September 2 with "Perform". The firm has "Hold" rating by Jefferies given on Wednesday, August 23. On Monday, September 7 the stock rating was maintained by Numis Securities with "Add".
Looking into the profitability ratios of STL stock, investor will find its ROE, ROA, ROI standing at 8.8%, 1.1% and 14.9%, respectively. The software company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09.
Other hedge funds have also recently bought and sold shares of the company. 29 funds opened positions while 36 raised stakes. Pathstone Family Office Limited Liability Corp has invested 0.48% in Lowe's Companies, Inc. Iberiabank reported 10,352 shares stake.
There are 1,118 institutional holders with active positions, accounting for 448.02 million shares in total. (NYSE:LOW) for 43,498 shares. Amer Gp holds 0.11% or 222,539 shares. American Century Companies holds 0.44% or 3.02M shares. Crestwood Group Limited Liability Company reported 4,590 shares stake. Notis owns 19,200 shares. Thrivent Fincl For Lutherans reported 18,670 shares.
According to 8 stock analysts, GW Pharmaceuticals plc, is being kept at an average Outperform, rating, with at least 15.42% of shares outstanding that are now legally short sold. 13,459 were accumulated by Holderness. Campbell Newman Asset Management holds 2.37% or 169,944 shares in its portfolio. Institutional investors own 87.45% of the company's stock. Westfield Capital Mngmt LP holds 683,707 shares or 0.82% of its portfolio. Hudock Capital Limited has 0.01% invested in Biogen Inc.
Dsm Capital Partners Llc, which manages about $5.78 billion and $6.74 billion US Long portfolio, upped its stake in Netease (NASDAQ:NTES) by 167,955 shares to 241,810 shares, valued at $72.70 million in 2017Q2, according to the filing. Athene Holding Ltd was raised too.
Since June 14, 2017, it had 0 insider purchases, and 1 insider sale for $311,035 activity. Another trade for 2,233 shares valued at $311,035 was made by Lewnes Ann on Wednesday, June 14.
Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.10, from 1 in 2017Q1. It is positive, as 49 investors sold ADBE shares while 326 reduced holdings. Zacks upgraded the shares of MBUU in report on Tuesday, September 22 to "Hold" rating. Aspen Invest Mgmt Incorporated has invested 0.34% in Adobe Systems Incorporated (NASDAQ:ADBE). Hutchin Hill Capital Limited Partnership accumulated 33,000 shares. Dougherty & Company maintained the shares of ADBE in report on Monday, April 4 with "Buy" rating.
Adobe Systems Incorporated (ADBE) now has a Return on Assets (ROA) value of 12 Percent. Montecito Natl Bank invested in 0.15% or 1,508 shares. Barometer Capital Mgmt stated it has 52,100 shares. Norris Perne French Llp Mi invested in 1.43% or 60,305 shares. Moreover, Sandy Spring Bank & Trust has 0.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Blair William Il invested in 1.03% or 972,249 shares. Envestnet Asset Inc reported 53,529 shares. Jacobs & Ca invested in 1.42% or 51,129 shares. National Ins Tx accumulated 78,254 shares. California State Teachers Retirement reported 0.04% in TD Ameritrade Holding Corporation (NASDAQ:AMTD). Vetr lowered Adobe Systems from a "hold" rating to a "sell" rating and set a $150.30 price objective for the company.in a research note on Thursday, August 31st. Therefore 92% are positive. However, at the Wall Street, the shares for the company has been tagged a $147.88 price target, indicating that the shares will rally 28.1% from its current levels. Pivotal Research maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, December 11 with "Buy" rating. The rating was maintained by JP Morgan with "Overweight" on Wednesday, October 7. The firm has "Buy" rating by Piper Jaffray given on Monday, October 16.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
Several research firms have recently weighed in on ADBE.
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