Aristotle Capital Management LLC Continues to Hold Holding in Adobe Sys INC (ADBE)

November 15, 2017 - By Dolores Ford

Investors sentiment increased to 1.1 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. It improved, as 49 investors sold ADBE shares while 326 reduced holdings. 117 funds opened positions while 294 raised stakes. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. Moreover, Pointstate Capital Limited Partnership has 1.11% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 721,100 shares. Piedmont Inv Advsrs Ltd Limited Liability Company holds 0.33% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 105,614 shares. Mgmt invested in 44,584 shares or 2.07% of the stock. Bartlett And Limited Company has 500 shares. Mycio Wealth Ptnrs owns 1,672 shares for 0.03% of their portfolio. Westwood Management Il owns 0.3% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 13,600 shares. State Of Alaska Department Of Revenue accumulated 0.02% or 1,752 shares. Crestwood Advsrs Grp Ltd Limited Liability Company holds 0.06% or 4,590 shares. Wellington Mngmt Group Limited Liability Partnership owns 4.50 million shares for 0.15% of their portfolio. New York-based Rockefeller Financial Inc has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Motco holds 392 shares or 0.01% of its portfolio. 1,477 were reported by Jones Financial Lllp. Lockheed Martin Investment has invested 0.1% in Adobe Systems Incorporated (NASDAQ:ADBE). Autus Asset Mgmt Ltd Co reported 0.5% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Coastline Trust has invested 1% in Adobe Systems Incorporated (NASDAQ:ADBE).

Since June 14, 2017, it had 0 buys, and 1 insider sale for $311,035 activity.

Aristotle Capital Management Llc increased its stake in Adobe Sys Inc (ADBE) by 1.93% based on its latest 2017Q2 regulatory filing with the SEC. Aristotle Capital Management Llc bought 59,319 shares as the company’s stock rose 14.01% with the market. The institutional investor held 3.13 million shares of the prepackaged software company at the end of 2017Q2, valued at $443.17 million, up from 3.07 million at the end of the previous reported quarter. Aristotle Capital Management Llc who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $89.08B market cap company. The stock declined 0.33% or $0.6 reaching $180.72 on the news. About 215,223 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since November 15, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Finance.Yahoo.com which released: “3 Big Stock Charts for Monday: Apple Inc., Adobe Systems Incorporated and …” on October 16, 2017, also Investorplace.com with their article: “Watch Adobe Systems Incorporated (ADBE) Stock Enter the AI Game in a Big Way” published on October 30, 2017, Investorplace.com published: “Adobe Systems Incorporated Will Head Higher — Much Higher” on October 19, 2017. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Fool.com and their article: “Why Adobe Systems Incorporated Stock Popped 17.4% in October” published on November 14, 2017 as well as Investorplace.com‘s news article titled: “Why You Should Buy Adobe Systems Incorporated Stock” with publication date: November 10, 2017.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 0 Sell and 8 Hold. Therefore 79% are positive. Adobe Systems had 124 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Outperform” rating given on Friday, June 24 by Cowen & Co. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Wednesday, June 21 by KeyBanc Capital Markets. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Overweight” rating by Barclays Capital on Thursday, October 19. The stock has “Buy” rating by Deutsche Bank on Tuesday, December 8. Deutsche Bank maintained it with “Buy” rating and $120 target in Wednesday, March 23 report. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, June 20. As per Wednesday, August 30, the company rating was maintained by Cowen & Co. As per Thursday, March 31, the company rating was initiated by Canaccord Genuity. The firm earned “Neutral” rating on Wednesday, September 21 by Goldman Sachs. Wunderlich maintained the shares of ADBE in report on Friday, December 11 with “Hold” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.