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Macquarie Group Ltd. Sells 59844 Shares of Adobe Systems Incorporated (ADBE)

12 October 2017

The Earnings Yield for Adobe Systems Incorporated (NasdaqGS:ADBE) stands at 2.61%. It has outperformed by 25.59% the S&P500.

Catalyst Capital Advisors Llc increased Fiserv Inc (FISV) stake by 42.86% reported in 2017Q2 SEC filing. Atlanta Capital Management Com L L C invested in 1.24M shares or 0.52% of the stock. The Greenleaf Trust holds 74,678 shares with $5.38M value, up from 67,417 last quarter. About 1.62M shares traded. Vigilant Cap Mgmt Limited Liability has invested 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE). It has outperformed by 25.59% the S&P500.

Since May 10, 2017, it had 0 insider buys, and 2 selling transactions for $614,410 activity. The shares were sold at an average price of $145.16, for a total transaction of $3,629,000.00. Pivotal Research lowered shares of Adobe Systems from a hold rating to a sell rating and boosted their price objective for the stock from $109.00 to $112.00 in a report on Monday, June 12th. ADBE was included in 106 notes of analysts from August 11, 2015. Credit Suisse Group reiterated a "positive" rating and set a $170.00 target price (up from $160.00) on shares of Adobe Systems in a research report on Wednesday, September 20th. RBC Capital Markets maintained the stock with "Buy" rating in Sunday, October 8 report. (NYSE:COL) rating on Wednesday, April 19. (NYSE:DG), 13 have Buy rating, 2 Sell and 12 Hold. The stock has "Buy" rating by Jefferies on Friday, September 18. The firm has "Underperform" rating given on Wednesday, September 7 by Wolfe Research. The company was initiated on Wednesday, January 11 by Wells Fargo. The stock of Fiserv Inc (NASDAQ:FISV) has "Hold" rating given on Friday, October 6 by RBC Capital Markets. Citigroup has "Buy" rating and $114 target.

A statistical measure of the dispersion of returns (volatility) for ADBE producing salvation in Investors mouth, it has week volatility of 1.16% and for the month booked as 1.41%. It increased, as 62 investors sold DG shares while 193 reduced holdings. Washington Trust Bank raised its stake in Adobe Systems by 13.8% in the first quarter. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. 30,246 are owned by Virtus Inv Advisers. Whitnell And stated it has 700 shares. Washington Tru owns 3,828 shares. Federated Investors Incorporated Pa holds 0% or 5,851 shares. 51,129 were reported by Jacobs Ca. Sheets Smith Wealth Mngmt stated it has 0.35% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Quantitative Systematic Strategies Lc invested in 7,950 shares. (NYSE:DG) for 1,827 shares.

Ulysses Management Llc decreased Adobe Systems Inc (ADBE) stake by 44.44% reported in 2017Q2 SEC filing. Sandy Spring State Bank reported 1,700 shares or 0.02% of all its holdings. Keybank Natl Association Oh reported 6,161 shares. Panagora Asset Incorporated accumulated 264,544 shares or 0.15% of the stock.

Adobe Systems (NASDAQ:ADBE) last released its quarterly earnings data on Tuesday, September 19th. South Dakota Invest Council owns 17,400 shares for 0.05% of their portfolio. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day's sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth. $311,035 worth of stock was sold by Lewnes Ann on Wednesday, June 14. Also published the news titled: "3 Stocks to Watch on Wednesday: Cintas Corporation (CTAS), Micron Technology ..." on September 27, 2017. Its up 0.10, from 1 in 2017Q1. It dived, as 43 investors sold LRCX shares while 255 reduced holdings. 56 funds opened positions while 186 raised stakes.

Looking at some alternate time periods, the 12 month price index is 1.38338, the 24 month is 1.83710, and the 36 month is 2.22268. Arrow Financial invested in 0% or 122 shares. The Pennsylvania-based Susquehanna Gru Limited Liability Partnership has invested 0% in Cintas Corporation (NASDAQ:CTAS). Insiders have sold 86,249 shares of company stock valued at $10,979,024 in the last three months. Lsv Asset Management has invested 0.01% in Dollar General Corp. Loring Wolcott & Coolidge Fiduciary Advsrs Llp Ma invested in 35,520 shares or 0.1% of the stock.

Several research firms have issued reports on ADBE. Johnson Grp Inc has invested 1.61% of its portfolio in Fiserv Inc (NASDAQ:FISV). Woodley Farra Manion Portfolio Mngmt has invested 3.99% in Fiserv Inc (NASDAQ:FISV). Peak6 Investments LP holds 69,808 shares. Carret Asset Mgmt Limited Com accumulated 5,150 shares. The software company reported $0.94 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.07. Natixis Asset reported 7,125 shares. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Wednesday, June 22 by Rosenblatt. Therefore 84% are positive. Avigilon Corp had 16 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned "Neutral" rating on Tuesday, August 25 by Robert W. Baird. On Friday, December 4 the stock rating was maintained by M Partners with "Buy". The company was maintained on Thursday, August 3 by Cowen & Co. The company now has a consensus rating of Buy and a consensus price target of $158.16. The company presently has a consensus rating of "Buy" and an average target price of $158.16. The company was maintained on Thursday, August 24 by Robert W. Baird. The rating was maintained by Needham with "Buy" on Thursday, July 27.

Macquarie Group Ltd. Sells 59844 Shares of Adobe Systems Incorporated (ADBE)