Adobe Systems Incorporated (NASDAQ:ADBE) Valuation According To Analysts

Weatherly Asset Management sold 8,820 shares as the company's stock rose 14.01% with the market. The hedge fund run by Matthew Tewksbury held 132,835 shares of the prepackaged software company at the end of 2017Q2, valued at $18.79M, down from 175,327 at the end of the previous reported quarter. Jensen Investment Management Inc who had been investing in Adobe Systems Inc. for a number of months, seems to be less bullish one the $75.53 billion market cap company.

Looking into last 5 trades, the stock observed a return of nearly -8.15%. Fmr Ltd Com holds 35.65M shares. FBR Capital maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, December 11. It has outperformed by 25.59% the S&P500.

Fukoku Mutual Life Insurance Company increased Adobe Sys Inc (ADBE) stake by 182.48% reported in 2017Q2 SEC filing. Jensen Investment Management Inc sold 2,155 shares as the company's stock rose 14.01% with the market. The company has market cap of $24,012. Also, Director Charles M. Geschke sold 59,550 shares of the business's stock in a transaction dated Monday, March 20th. About 163,261 shares traded.

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Stevens Capital Management Lp, which manages about $6.88B and $2.66B US Long portfolio, upped its stake in Lennar Corp (NYSE:LEN) by 90,035 shares to 114,099 shares, valued at $6.08M in 2017Q2, according to the filing. As of the end of the quarter Osborn Rohs Williams & Donohoe Ltd had bought a total of 60 shares growing its stake by 1.8%.

Among 5 analysts covering Avigilon Corp (TSE:AVO), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 23% are positive. BidaskClub raised shares of Adobe Systems from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, August 16th. The firm earned "Sell" rating on Wednesday, June 21 by Pivotal Research. The rating was maintained by Citigroup with "Buy" on Friday, March 18. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $140.00 price target (up from $125.00) on shares of Adobe Systems in a research report on Friday, March 17th. The rating was maintained by Needham with "Buy" on Thursday, October 20. Neuberger Berman Group owns 343,021 shares. (NYSE:COL) earned "Sector Perform" rating by RBC Capital Markets on Thursday, January 12. Robert W. Baird upgraded the stock to "Outperform" rating in Wednesday, August 17 report.

Investors sentiment decreased to 1.04 in Q2 2017. Its up 0.03, from 0.95 in 2017Q1. Federated Investors Pa owns 579,699 shares or 0.24% of their United States portfolio. The MF Rank of Adobe Systems Incorporated (NasdaqGS:ADBE) is 5270. American Intl Gru Inc invested in 222,539 shares. Kelly Lawrence W & Assoc Inc Ca holds 0.01% or 300 shares. Morgan Stanley now owns 1,624,287 shares of the software company's stock worth $211,367,000 after buying an additional 557,169 shares during the period. A ratio over 1 indicates that the market is willing to pay more for the shares.

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Before trading, trader, investor or shareholder must have an eye on stock's historical performance. The institutional investor owned 11,226,707 shares of the software company's stock after purchasing an additional 9,957,241 shares during the period. Following the completion of the transaction, the executive vice president now owns 68,643 shares of the company's stock, valued at $8,580,375. Fifth Third Financial Bank accumulated 0.1% or 94,117 shares. Also Investorplace.com published the news titled: "3 Stocks to Watch on Wednesday: Cintas Corporation (CTAS), Micron Technology ..." on September 27, 2017. The firm had a rise in short interest of 4.88% between August 31, 2017 and September 15, 2017. Vetr lowered shares of Adobe Systems from a "buy" rating to a "hold" rating and set a $147.85 price target on the stock.in a research report on Thursday.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Seekingalpha.com which released: "Adobe: Beat-And-Raise Met With Little Enthusiasm" on September 20, 2017, also Seekingalpha.com with their article: "Adobe Moves Closer To Microsoft" published on September 21, 2017, Seekingalpha.com published: "Adobe: Digitally Transformed In The Cloud" on September 22, 2017. Its down 0.14, from 1.12 in 2017Q1. The total value of its holdings increased 48.1%. 71 funds opened positions while 178 raised stakes. 1ST Source Bank boosted its stake in shares of Adobe Systems by 0.3% in the 2nd quarter. Natixis Asset reported 7,125 shares. The Volatility 12m of Adobe Systems Incorporated (NasdaqGS:ADBE) is 15.6625. Cetera Advisor Network Limited reported 4,485 shares stake. Caisse De Depot Et Placement Du Quebec, Quebec - Canada-based fund reported 7.71 million shares. The Earnings Yield for Adobe Systems Incorporated (NasdaqGS:ADBE) stands at 2.61%. Private Asset Mngmt accumulated 1,450 shares.

ADBE's EVP, Chief Marketing Officer Lewnes Ann Sell 1953 shares of the company at a price of $155.88 on 2017-09-13. First Interstate Bancshares reported 0.02% stake.

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Adobe Systems (NASDAQ:ADBE) last released its quarterly earnings results on Tuesday, September 19th. The Illinois-based Geneva Advsr Ltd Limited Liability Company has invested 1.3% in Adobe Systems Incorporated (NASDAQ:ADBE). The value of the investment in Adobe Systems Incorporated went from $5,854,000 to $6,581,000 a change of 12.4% quarter to quarter. Grandfield And Dodd Ltd Liability Com has 13,060 shares for 0.22% of their portfolio.

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