OZ Management LP Buys Shares of 22964 Adobe Systems Incorporated (NASDAQ:ADBE)


OZ Management LP Buys Shares of 22964 Adobe Systems Incorporated (NASDAQ:ADBE)

Andrew Cummings
December 16, 2017

(NYSE:EXP) is 0.110517. This number is calculated by dividing net income after tax by the company's total assets. The stock increased 3.67% or $2.53 during the last trading session, reaching $71.55. 499.72 million shares or 1.80% less from 508.89 million shares in 2017Q1 were reported. Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since December 16, 2016 and is uptrending. It has underperformed by 7.29% the S&P500.

Dodge & Cox increased its stake in Express Scripts Holding Co (ESRX) by 25.65% based on its latest 2017Q2 regulatory filing with the SEC. Prelude Mngmt Ltd Limited Liability Company accumulated 0% or 5 shares. The software company reported $1.26 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.16 by $0.10. The stock closed the most recent session at $177.51 after seeing 9150163 shares trade hands. The shares were sold at an average price of $152.09, for a total transaction of $297,031.77.

For the past 5 years, Adobe Systems Incorporated's EPS growth has been almost 7%. It has outperformed by 25.59% the S&P500.

Since August 9, 2017, it had 0 buys, and 5 insider sales for $2.45 million activity. It improved, as 49 investors sold Adobe Systems Incorporated shares while 326 reduced holdings. Massachusetts Fin Service Communications Ma owns 6.65 million shares or 0.42% of their USA portfolio. It also upped Blackbaud Inc (NASDAQ:BLKB) stake by 60,713 shares and now owns 107,234 shares.


WARNING: "Adobe Systems (ADBE) Shares Gap Up Following Strong Earnings" was posted by TrueBlueTribune and is owned by of TrueBlueTribune. Therefore 27% are positive. Adobe Systems has $220.0 highest and $10 lowest target. The stock has "Buy" rating by Rosenblatt on Wednesday, June 22. Wunderlich upgraded the stock to "Buy" rating in Friday, March 17 report. Private Tru Na reported 0.1% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The rating was maintained by Argus Research with "Buy" on Monday, December 14. The firm earned "Buy" rating on Wednesday, July 26 by Maxim Group. Newbrook Capital Advisors Lp who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $87.50B market cap company. The rating was maintained by BMO Capital Markets on Thursday, October 19 with "Outperform".

In a report issued on December 12, J.P. Morgan also downgraded the stock to Hold with a $185 price target. Its down 0.12, from 1 in 2017Q1. Corp raised its position in shares of Adobe Systems by 10.6% in the third quarter. Southernsun Asset Management Llc acquired 169,122 shares as Aegion Corp. Credit Agricole S A invested in 0.08% or 175,389 shares. First Long Island Investors Ltd Liability has 136,988 shares. Trust Co. of Vermont boosted its holdings in Adobe Systems by 0.6% during the second quarter. Stonebridge Mngmt owns 53,696 shares or 1.31% of their U.S. portfolio. Clarivest Asset Ltd Liability Corporation holds 0.68% or 204,111 shares. Blackrock accumulated 0.26% or 34.45M shares. Etrade Mgmt Lc invested in 0.09% or 16,489 shares. Mirae Asset Investments Limited invested 0.62% in Adobe Systems Incorporated (NASDAQ:ADBE). New York-based Srs Investment Ltd Liability Company has invested 0.74% in Adobe Systems Incorporated (NASDAQ:ADBE).

Adobe Systems Incorporated (NASDAQ:ADBE) has a market cap of $86.35 billion and over the last 12 months, ADBE has risen by 65.39%. Cullinan Associate invested in 32,090 shares or 0.35% of the stock.

Investors sentiment decreased to 0.56 in Q2 2017. Its down 1.18, from 2.27 in 2017Q1. The returns on investment very popular metric among passive investors, it stands at 13.20%. 112 funds opened positions while 587 raised stakes. American Int Group Inc holds 222,539 shares or 0.11% of its portfolio. (NASDAQ:ILMN). Suntrust Banks invested 0.01% in Illumina, Inc. Dowling Yahnke Ltd Liability Com has invested 0.04% of its portfolio in Illumina, Inc. (NASDAQ:AVEO). Massachusetts-based Ra Ltd Com has invested 2.15% in AVEO Pharmaceuticals, Inc. The Aqr Capital Management Llc holds 118,923 shares with $20.64 million value, up from 109,234 last quarter. Truenorth reported 12,342 shares stake. Tiger Eye Cap Lc accumulated 124,172 shares. However, its trading capacity stayed around 3.04 million shares in normal days. Perkins Coie Trust Communications holds 800 shares. Paloma Prtnrs Mgmt Company holds 0% or 151,579 shares. Cadence Mngmt Limited Liability Corp owns 14,993 shares.


Among 3 analysts covering Richelieu Hardware Ltd. The institutional investor held 36.19 million shares of the medical and nursing services company at the end of 2017Q2, valued at $2.31B, up from 28.80M at the end of the previous reported quarter. Fjarde Ap stated it has 0.12% in Illumina, Inc. Adobe Systems's revenue was up 24.8% on a year-over-year basis. analysts expect that Adobe Systems Incorporated will post 4.66 earnings per share for the current fiscal year. Therefore 40% are positive. Ecolab had 53 analyst reports since July 30, 2015 according to SRatingsIntel. Guggenheim maintained the stock with "Buy" rating in Wednesday, April 19 report. The firm has "Market Perform" rating given on Wednesday, January 11 by Wells Fargo. The rating was maintained by Piper Jaffray on Sunday, August 6 with "Buy". KeyBanc Capital Markets has "Buy" rating and $174.0 target.

Analysts await AVEO Pharmaceuticals, Inc.

Many times, however, an earnings report could contain a surprise that really affects a stock stock price. After $0.90 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 6.67 % EPS growth.


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