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Adobe Sys INC (ADBE) Holder Brown Advisory INC Has Trimmed Holding

08 December 2017

Arcadia Investment Management Corp MI now owns 34,547 shares of the software company's stock worth $4,886,000 after buying an additional 2,242 shares in the last quarter. Oppenheimer & Close Llc who had been investing in Mcewen Mng Inc for a number of months, seems to be bullish on the $626.00M market cap company. Analyzing the last five market sessions, the stock was able to report -1.88% losses, thus going up by 18.28%, compared with its 200-day moving average of $154.85. About 39,907 shares traded. It has outperformed by 3.70% the S&P500.

Brown Advisory Inc decreased its stake in Adobe Sys Inc (ADBE) by 7.74% based on its latest 2017Q2 regulatory filing with the SEC.

In other Adobe Systems news, EVP Ann Lewnes sold 1,953 shares of the stock in a transaction on Wednesday, September 13th. The institutional investor held 137,085 shares of the prepackaged software company at the end of 2017Q2, valued at $19.39M, down from 143,990 at the end of the previous reported quarter. BARING ASSET MANAGEMENT Ltd now owns 26,699 shares of the software company's stock worth $3,776,000 after buying an additional 2,864 shares in the last quarter. Aviva PLC now owns 312,394 shares of the software company's stock worth $44,194,000 after buying an additional 1,250 shares in the last quarter. (NASDAQ:CBFV) has risen 41.63% since December 7, 2016 and is uptrending. It has outperformed by 25.59% the S&P500. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: Investorplace.com and their article: "Why You Should Buy Adobe Systems Incorporated Stock" with publication date: November 10, 2017. Therefore 33% are positive. The firm has "Buy" rating given on Sunday, September 3 by RBC Capital Markets. (NASDAQ:CBFV) latest ratings and price target changes. Goldman Sachs maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, September 21 with "Neutral" rating. Vetr raised shares of Adobe Systems from a "buy" rating to a "strong-buy" rating and set a $198.52 target price for the company in a research note on Wednesday, November 29th. The stock has a market capitalization of $82,587.66, a price-to-earnings ratio of 50.46, a price-to-earnings-growth ratio of 2.12 and a beta of 1.05. Adobe Systems accounts for 2.1% of Segall Bryant & Hamill LLC's holdings, making the stock its biggest position. Rosenblatt maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, June 22 with "Buy" rating. Adobe Systems had a return on equity of 21.40% and a net margin of 23.06%. Of the analysts who provided ratings, 4 rated the company a Hold, 1 rated it a Moderate Buy, and 16 rated it a Strong Buy.

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Meanwhile, during the same quarter Adobe Systems Incorporated (ADBE) delivered a 9.34% earnings surprise. Aviva PLC grew its position in shares of Adobe Systems by 0.4% during the second quarter.

Adobe Systems Incorporated is a software company.

Adobe Systems Incorporated most recently reported earnings per share (EPS) of $1.1 for the August 2017 versus $0.75 in the same quarter previous year, representing 47% growth. Its up 0.10, from 1 in 2017Q1. During the same period last year, the business posted $0.75 earnings per share. equities research analysts anticipate that Adobe Systems Incorporated will post 3.46 EPS for the current fiscal year.

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Other hedge funds also recently added to or reduced their stakes in the company. Comparatively, ADBE posted earnings of $1.07 per share in the same quarter, a year earlier. Bearing it in mind, the company saw a yearly performance of 70.87% for 2017 and its weekly volatility showed 4.30%. It improved, as 4 investors sold Revance Therapeutics, Inc. shares while 20 reduced holdings. Shelton Capital Mgmt has 0.42% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 42,004 shares. Jennison Associates Ltd Llc accumulated 378,400 shares. At the moment, Adobe Systems Incorporated Return on Assets is 12.00%. D E Shaw & has 945,605 shares for 0.22% of their portfolio. That activity is comparable to their recent volume average trend of almost 16.29 million shares which they recorded over a period of three months. Intrust State Bank Na, a Kansas-based fund reported 8,149 shares. Fincl Counselors holds 11,257 shares or 0.08% of its portfolio. Art Advsr Limited Co accumulated 11,700 shares. Barrett Asset Mngmt accumulated 0.1% or 7,797 shares. 25 are owned by Rocky Mountain Advisers Limited Liability Corporation.

Investors sentiment increased to 1.18 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. Segall Bryant And Hamill Ltd Llc holds 2.08% or 624,059 shares in its portfolio. Moreover, Wellington Group Ltd Liability Partnership has 0.01% invested in Revance Therapeutics, Inc. (NASDAQ:RVNC). Trexquant Lp holds 8,766 shares. (NASDAQ:RVNC). Vanguard Gru has invested 0% of its portfolio in Revance Therapeutics, Inc. (NASDAQ:HMST). California Employees Retirement holds 0% or 45,200 shares in its portfolio. Arrowmark Colorado Holdg Limited has invested 0.67% in Revance Therapeutics, Inc. (NASDAQ:RVNC). Creative Planning has 0% invested in Revance Therapeutics, Inc. Pnc Fin Serv Grp Incorporated Inc reported 144,220 shares. Aberdeen Asset Management Public Limited Uk, a United Kingdom-based fund reported 112,647 shares. Ameritas Invest Prns stated it has 0% in Revance Therapeutics, Inc. Pointstate Lp invested 0.13% in Revance Therapeutics, Inc. Tower Rech Ltd (Trc) holds 0% in Revance Therapeutics, Inc.

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Adobe Sys INC (ADBE) Holder Brown Advisory INC Has Trimmed Holding