Economy

Cullen Frost Bankers Inc. Sells 2686 Shares of Adobe Systems Incorporated (ADBE)

Timber Hill Llc sold 5,660 shares as the company's stock rose 14.01% with the market. The institutional investor held 23,655 shares of the apparel company at the end of 2017Q2, valued at $1.36 million, up from 4,160 at the end of the previous reported quarter. Yale University who had been investing in Antero Resources Corp for a number of months, seems to be less bullish one the $6.10B market cap company. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05. About 600,246 shares traded. About shares traded. VF Corp (NYSE:VFC) has declined 13.07% since November 8, 2016 and is downtrending. It has underperformed by 31.85% the S&P500. FMR LLC raised its stake in Adobe Systems by 6.6% in the second quarter. The company has market cap of $11.81 million. Triangle Securities Wealth Mngmt invested 0.36% in Adobe Systems Incorporated (NASDAQ:ADBE). Bristol John W And New York holds 1.82% or 438,347 shares.

Adobe Systems Incorporated (ADBE) traded up $1.27 during mid-day trading on Wednesday, reaching $182.15. It has outperformed by 25.59% the S&P500.

Investors sentiment increased to 1.1 in Q2 2017. Its up 0.10, from 1 in 2017Q1.

Want to see what other hedge funds are holding ADBE? 117 funds opened positions while 294 raised stakes. The software company reported $1.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.09. Atwood Palmer Inc reported 150 shares stake. 657,025 were reported by State Bank Of Montreal Can. Private Asset Management Inc holds 0.03% or 1,450 shares in its portfolio. Institutional investors own 87.68% of the company's stock.

The stock of Adobe Systems Incorporated (NASDAQ:ADBE) reached all time high today, Nov, 8 and still has $199.43 target or 9.00% above today's $182.96 share price. Rosenblum Silverman Sutton S F Incorporated Ca stated it has 3.2% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Essex Financial Services Inc has 8,737 shares.

Grt Capital Partners L.L.C. holds 0.05% of its portfolio in Ocean Bio-Chem, Inc. for 19,874 shares. South State invested 0.45% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Nomura Asset Mgmt reported 83,369 shares. Guardian Life Ins Of America invested in 0.02% or 1,119 shares. 5,524 were reported by Dynamic Cap Management Limited. 2,976 were accumulated by Brown Capital Limited Company.

Obermeyer Wood Investment Counsel Lllp bought a new position in shares of Adobe Systems Incorporated (NASDAQ:ADBE) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Wells Fargo maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, September 20 with "Hold" rating.

Since May 10, 2017, it had 0 insider buys, and 1 insider sale for $311,035 activity. Therefore 36% are positive. Adobe Systems had 122 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of CIGNA Corporation (NYSE:CI) has "Buy" rating given on Thursday, November 2 by Jefferies. The company has an average rating of Buy and an average price target of $170.06. The rating was initiated by Piper Jaffray with "Overweight" on Tuesday, July 26. The rating was maintained by Buckingham Research with "Neutral" on Tuesday, October 24. The firm has "Outperform" rating given on Wednesday, September 21 by Cowen & Co. The firm has "Buy" rating by Argus Research given on Friday, September 23. The Massachusetts-based Welch Forbes Limited Liability Company has invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE).

Shares of Adobe Systems Inc.

Highland Capital Management Llc increased Amgen Inc (NASDAQ:AMGN) stake by 22,465 shares to 33,891 valued at $5.84M in 2017Q2. It is negative, as 56 investors sold VFC shares while 250 reduced holdings. Its up 0.10, from 1 in 2017Q1. It worsened, as 49 investors sold AR shares while 64 reduced holdings. 69 funds opened positions while 217 raised stakes. Its up 2.82% from 3.56 million shares previously. First Commercial Bank has invested 0.11% in VF Corp (NYSE:VFC). Envestnet Asset Management reported 1,386 shares. Los Angeles Management & Equity Rech Inc holds 687,592 shares. Moreover, Motco has 0.01% invested in CIGNA Corporation (NYSE:CI) for 525 shares. Finemark National Bank & holds 0.86% or 85,047 shares. Renaissance Llc has 454,700 shares for 0.08% of their portfolio. Mirae Asset Glob Invs Limited has invested 0.62% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Geode Management Lc has invested 0.15% of its portfolio in CIGNA Corporation (NYSE:CI). Fdx Advsrs has 0.01% invested in Antero Resources Corp (NYSE:AR). Bluecrest Cap Mngmt has invested 0.13% in VF Corp (NYSE:VFC).

Among 18 analysts covering CIGNA (NYSE:CI), 15 have Buy rating, 0 Sell and 3 Hold. The stock of CIGNA Corporation (NYSE:CI) earned "Buy" rating by RBC Capital Markets on Monday, August 7. The company was maintained on Monday, August 14 by Cowen & Co. Suntrust Robinson downgraded the shares of AR in report on Tuesday, February 2 to "Reduce" rating. The company was downgraded on Monday, October 24 by JP Morgan. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Adobe Systems in a research note on Tuesday, September 12th. As per Friday, April 15, the company rating was upgraded by Tudor Pickering. RBC Capital Markets maintained CIGNA Corporation (NYSE:CI) rating on Monday, May 8.

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