Autus Asset Management LLC Takes Position in Adobe Systems Incorporated (ADBE)

Gladys Abbott
June 6, 2017

Paccar Inc had 49 analyst reports since July 30, 2015 according to SRatingsIntel. They set a "buy" rating and a $150.00 price objective on the stock.

Stock has got outperform rating from 5 analysts of Thomson Reuters whereas 2 analysts given hold rating to the stock. Finally, Canaccord Genuity lifted their price objective on Adobe Systems to $145.00 in a research report on Friday, March 17th. Deutsche Bank initiated it with "Hold" rating and $63 target in Wednesday, September 7 report. Bernstein maintained the shares of ADBE in report on Friday, March 18 with "Outperform" rating. The rating was upgraded by Robert W. Baird to "Neutral" on Tuesday, August 25. The company was maintained on Wednesday, September 21 by Credit Suisse. Wealth Architects Lc stated it has 3,954 shares.

Adobe Systems Incorporated is a software company. Closing price generally refers to the last price at which a stock trades during a regular trading session. About 476,302 shares traded. (NYSE:UAL) has a market cap of $25.62 billion and over the last 12 months, UAL has risen by 84.36%. The Company's divisions include Truck, Parts and Financial Services. It has a 54.95 P/E ratio.

About 1.29M shares traded. It is down 60.61% since June 6, 2016 and is downtrending.

Since February 3, 2017, it had 0 insider buys, and 7 insider sales for $6.18 million activity.

More news: Apple HomePod sets sights on Amazon Alexa, Google Home

In related news, Director Charles M. Geschke sold 59,550 shares of the business's stock in a transaction on Monday, March 20th. It increased, as 6 investors sold InfuSystem Holdings Inc shares while 7 reduced holdings. GARRETT MARK sold 45,199 shares worth $5.16 million. On Friday, January 27 the insider DILLON MICHAEL A sold $1.18 million. Consequently Adobe Systems Inc (NASDAQ:ADBE)'s weekly and monthly volatility is 0.98%, 1.15% respectively.

InfuSystem Holdings, a provider of infusion pumps and related services and products for patients in the home, oncology clinics, ambulatory surgery centers and other sites of care. Vanguard Group reported 385,629 shares stake. Stratos Wealth Prtnrs Ltd accumulated 4,948 shares or 0.03% of the stock. 10,200 were reported by Macquarie Gp Limited. Bp Public Limited Company owns 73,000 shares or 0.28% of their U.S. portfolio. National Bank Of Ny Mellon accumulated 5.62 million shares. Shelton Management, California-based fund reported 24,421 shares. During the same period in the previous year, the firm posted $0.66 earnings per share. Ferguson Wellman Cap Mgmt holds 118,649 shares. Sg Americas Secs Limited Liability Company holds 0.05% in PACCAR Inc (NASDAQ:PCAR) or 89,344 shares. Oklahoma-based Bokf Na has invested 0.06% in PACCAR Inc (NASDAQ:PCAR). Over the last three months, the shares of the company have changed 19.51% and performed 44.30% over the last six months. Rech Management Communication owns 43,339 shares or 1.53% of their U.S. portfolio. Lewnes Ann sold $303,375 worth of stock. On Friday, January 20 DALEY JAMES E sold $1.10 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 10,000 shares. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since June 6, 2016 and is uptrending. Adobe Systems Incorporated has a one year low of $90.35 and a one year high of $144.34. Therefore 81% are positive.

03/22/2017 - Adobe Systems Incorporated had its "market outperform" rating reiterated by analysts at JMP Securities. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Neutral" rating given on Wednesday, March 9 by Goldman Sachs. GV's SI was 827,500 shares in June as released by FINRA. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Overweight" rating by JP Morgan on Friday, December 11. The firm has "Perform" rating by Oppenheimer given on Wednesday, September 2. Findlay Park Partners Llp acquired 395,305 shares as Adobe Sys Inc (ADBE)'s stock rose 14.01%. The firm has "Buy" rating by Argus Research given on Friday, September 23. Pivotal Research has "Buy" rating and $125 target.

Investors sentiment decreased to 2 in 2016 Q4. Its up 0.35, from 0.73 in 2016Q3. A 25 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of Adobe Systems Incorporated (NASDAQ:ADBE) or, if they already own its stock, sell it. 14 funds opened positions while 12 raised stakes.

Wall Street analysts are predicting that Adobe Systems Inc (NASDAQ:ADBE) will report earnings per share of $0.95 in their quarterly report. Adobe Systems Incorporated (ADBE) shares have moved 1.20% in the week and 6.67% in the month. 6,300 were reported by Sandy Spring Fincl Bank. Delta Lloyd Nv holds 0.53% or 162,687 shares. Hemenway Trust Ltd Llc reported 700 shares stake. First Allied Advisory Svcs reported 0.03% stake. Gamco Investors Et Al holds 11,700 shares or 0% of its portfolio. Analysts predict that Adobe Systems Incorporated will post $3.95 earnings per share for the current fiscal year. Moreover, Tru Co Of Vermont has 0.03% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,631 shares. City holds 200 shares. Calvert Invest Mgmt reported 0.09% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE).

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