Adobe Systems Incorporated (ADBE) Stake Held by Nichols & Pratt Advisers LLP MA

Joanna Estrada
January 13, 2018

Crestwood Capital Management Lp who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $95.80 billion market cap company.

The stock increased 0.36% or $0.21 during the last trading session, reaching $58.56. About 820,341 shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since January 12, 2017 and is uptrending. It has underperformed by 38.34% the S&P500.

American Assets Investment Management Llc decreased its stake in Adobe Sys Inc (ADBE) by 24.29% based on its latest 2017Q3 regulatory filing with the SEC. Advisory Services Network LLC now owns 1,237 shares of the software company's stock worth $118,000 after buying an additional 147 shares in the last quarter. The software company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.10. Gamco Investors Inc Et Al who had been investing in Tootsie Roll Inds Inc for a number of months, seems to be less bullish one the $2.27 billion market cap company. The stock increased 1.05% or $0.39 during the last trading session, reaching $37.69.

In other Adobe Systems news, EVP Matthew Thompson sold 2,190 shares of Adobe Systems stock in a transaction on Monday, October 23rd.

Zacks Investment Research downgraded shares of Adobe Systems (NASDAQ:ADBE) from a buy rating to a hold rating in a research note issued to investors on Tuesday, December 19th. It has outperformed by 25.59% the S&P500. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Deutsche Bank on Tuesday, December 8. Therefore 74% are positive. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, October 19 with "Buy" rating. The firm has a market capitalization of $94,710.00, a P/E ratio of 56.88, a PEG ratio of 2.38 and a beta of 1.05. Canaccord Genuity restated a buy rating and issued a $170.00 price target (up from $165.00) on shares of Adobe Systems in a report on Wednesday, September 20th. Jefferies maintained the stock with "Buy" rating in Friday, September 29 report.

The stock of American River Bankshares (NASDAQ:AMRB) hit a new 52-week high and has $16.75 target or 4.00% above today's $16.10 share price. The firm earned "Buy" rating on Wednesday, September 21 by Citigroup. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Rosenblatt on Wednesday, June 22. As per Friday, October 20, the company rating was maintained by Barclays Capital.

Riverpark Advisors Llc, which manages about $2.88B and $759.63 million US Long portfolio, upped its stake in Alliance Data Systems Corp (NYSE:ADS) by 2,280 shares to 22,900 shares, valued at $5.07 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Index Fds (VNQ) by 7,097 shares in the quarter, for a total of 40,537 shares, and has risen its stake in Ishares Tr (EFA). Daiwa Secs Grp reported 0.03% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). They expect $1.06 earnings per share, up 35.90% or $0.28 from last year's $0.78 per share. ADBE's profit will be $522.52 million for 45.80 P/E if the $1.06 EPS becomes a reality. Massachusetts Fincl Ser Ma holds 0.42% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 6.48M shares.

Since August 9, 2017, it had 1 buy, and 7 selling transactions for $6.56 million activity. 1,953 shares were sold by Lewnes Ann, worth $338,846 on Wednesday, December 13. Ing Groep Nv has invested 0.36% in Adobe Systems Incorporated (NASDAQ:ADBE).

Bienville Capital Management LLC increased its stake in Adobe Systems by 1.6% in the 2nd quarter. Its down 0.27, from 1.43 in 2017Q2. It increased, as 42 investors sold Adobe Systems Incorporated shares while 327 reduced holdings. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Koch Indus, Kansas-based fund reported 7,557 shares. Basswood Capital Mngmt Ltd Liability Corp owns 636,319 shares for 0.4% of their portfolio. Lombard Odier Asset (Europe) reported 5,825 shares or 0.05% of all its holdings. The institutional investor held 129,453 shares of the prepackaged software company at the end of 2017Q3, valued at $19.31 million, down from 131,511 at the end of the previous reported quarter.

Investors sentiment is 0.88 in Q3 2017. Da Davidson has invested 0.06% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Teacher Retirement Systems Of Texas holds 0.37% or 403,549 shares in its portfolio. Tennessee-based Patten Patten Inc Tn has invested 0.69% in Adobe Systems Incorporated (NASDAQ:ADBE). Vontobel Asset has invested 0.2% in Adobe Systems Incorporated (NASDAQ:ADBE). Robert W. Baird upgraded Adobe Systems Incorporated (NASDAQ:ADBE) rating on Tuesday, August 25. Polen Capital Management LLC lifted its position in Adobe Systems by 31.5% in the second quarter. Baldwin Inv Mngmt Lc owns 0.59% invested in Danaher Corporation (NYSE:DHR) for 18,150 shares. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. It also reduced its holding in Edwards Lifesciences Corp (NYSE:EW) by 502,110 shares in the quarter, leaving it with 1.34M shares, and cut its stake in Activision Blizzard Inc (NASDAQ:ATVI). 17 funds opened positions while 48 raised stakes. Following the transaction, the executive vice president now directly owns 50,497 shares of the company's stock, valued at $8,761,229.50. Swedbank owns 1.55 million shares or 1.41% of their USA portfolio. Washington Capital Mgmt Inc stated it has 0.37% in Invesco Ltd. (NYSE:IVZ). (NASDAQ:DRNA). Fmr Ltd Liability Corporation reported 1.47M shares. Tiaa Cref Investment Management Limited Company reported 5.90 million shares stake. Virtu Financial Limited Com reported 19,861 shares. 11,040 were reported by Horizon Kinetics Limited Liability. The stock was bought at an average price of $177.35 per share, with a total value of $199,518.75. New York-based Art Limited Co has invested 0.01% in Dicerna Pharmaceuticals, Inc. Bessemer Group Inc has invested 1.2% in Danaher Corporation (NYSE:DHR).

Covington Capital Management holds 6.97% of its portfolio in SJW Group for 1.86 million shares. Eight research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 83% are positive. Onesavings Bank had 133 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with "Buy" on Monday, August 10. The company was maintained on Monday, January 8 by BMO Capital Markets. Keefe Bruyette & Woods maintained the shares of IVZ in report on Friday, June 30 with "Buy" rating. The firm has "Overweight" rating by JP Morgan given on Friday, December 11. The firm earned "Mkt Perform" rating on Thursday, October 6 by Raymond James. The firm earned "Buy" rating on Tuesday, July 18 by Cowen & Co.

Among 17 analysts covering Invesco (NYSE:IVZ), 11 have Buy rating, 0 Sell and 6 Hold.

Since December 18, 2017, it had 1 buy, and 0 insider sales for $2.00 million activity.

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