Adobe Systems (ADBE) Shares Rating Boosted by DZ Bank

Renaissance Group Llc sold 37,981 shares as Adobe Systems Inc (ADBE)'s stock rose 22.17%. The software company reported $1.55 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.44 by $0.11. Ameriprise Financial Inc. now owns 5,543,635 shares of the software company's stock worth $826,991,000 after acquiring an additional 488,904 shares in the last quarter. Eight analysts have provided estimates for Adobe Systems' earnings, with the lowest sales estimate coming in at $2.15 billion and the highest estimate coming in at $2.16 billion. It has outperformed by 55.16% the S&P500. 50,775 shares valued at $10.16 million were sold by THOMPSON MATTHEW on Friday, January 26. The institutional investor held 3,956 shares of the prepackaged software company at the end of 2017Q4, valued at $693,000, down from 5,831 at the end of the previous reported quarter. On the other hand, Perf Month performance was 3.32% during the last 21 trading days continuously. About 2.48 million shares traded. MAXIMUS, Inc. (NYSE:MMS) has risen 5.08% since April 1, 2017 and is uptrending. It has underperformed by 17.24% the S&P500.

Investors sentiment increased to 0.87 in 2017 Q4. It improved, as 35 investors sold JNJ shares while 884 reduced holdings. BB&T Investment Services Inc. grew its holdings in shares of Adobe Systems by 42.4% during the third quarter. Driehaus Management Limited Liability Company invested 0.02% in Johnson & Johnson (NYSE:JNJ). The company has 492.06M shares outstanding with 0.10% insider ownership. E&G L P, a Texas-based fund reported 1,400 shares. Zevenbergen Capital Investments Lc stated it has 9,210 shares or 0.05% of all its holdings. Chesley Taft Associates Limited Liability Corp reported 0.7% stake. 29,845 are held by Palo Cap. Lincoln Corporation stated it has 0.01% of its portfolio in The Western Union Company (NYSE:WU).

Greenleaf Trust, which manages about $4.93 billion US Long portfolio, upped its stake in National Grid Plc Adr by 9,213 shares to 10,228 shares, valued at $602,000 in 2017Q4, according to the filing. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -1.03%. Parametric Portfolio Associate Ltd Liability Corporation accumulated 1.75 million shares.

Among 8 analysts covering MAXIMUS (NYSE:MMS), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 11% are positive. RBC Capital Markets maintained it with "Hold" rating and $23.0 target in Friday, October 20 report. On Monday, October 19 the stock rating was maintained by Macquarie Research with "Outperform". The rating was maintained by Cantor Fitzgerald on Wednesday, October 18 with "Buy". Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Friday, March 23 with "Buy" rating. (NYSE:MMS) on Friday, October 13 with "Hold" rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Robert W. Baird on Thursday, August 31. Mizuho upgraded The Western Union Company (NYSE:WU) on Wednesday, February 14 to "Neutral" rating. The company has a market cap of $106,412.98, a PE ratio of 60.19, a PEG ratio of 2.49 and a beta of 1.10. (NYSE:MMS) to report earnings on May, 3. They expect $2.01 EPS, up 9.84% or $0.18 from last year's $1.83 per share. After $0.78 actual EPS reported by MAXIMUS, Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth. Therefore 72% are positive. The company was maintained on Tuesday, January 23 by Bernstein. Canaccord Genuity reaffirmed a "buy" rating and issued a $245.00 price objective (up from $220.00) on shares of Adobe Systems in a research note on Friday, March 16th. As per Thursday, January 12, the company rating was downgraded by Pivotal Research. The firm has "Overweight" rating by Pacific Crest given on Wednesday, September 21. On Monday, December 11 the stock rating was maintained by Cowen & Co with "Buy". BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, October 19. Vetr downgraded it to "Hold" rating and $56.66 target in Thursday, August 6 report. On Friday, March 16 the stock rating was maintained by Credit Suisse with "Outperform".

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. 107 funds opened positions while 280 raised stakes. One can easily perform a fundamental analysis by having an eye on data from sources counting financial records, economic reports, company assets and market share. Loudon Mngmt Ltd Limited Liability Company holds 0.16% or 11,170 shares. Moreover, Coatue Mngmt Lc has 0.78% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Kentucky Retirement has invested 0.38% in Adobe Systems Incorporated (NASDAQ:ADBE). 12,120 were reported by Private Advisor Gp Lc. Kistler has 0.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 362 shares. Northwestern Mutual Wealth Company has invested 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE). Tru Of Toledo Na Oh has invested 0.08% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Valley Advisers Inc holds 0.18% or 27,214 shares in its portfolio. New York-based Goldman Sachs Group Inc has invested 0.18% in Adobe Systems Incorporated (NASDAQ:ADBE). Community Bank N.A. purchased a new position in shares of Adobe Systems during the fourth quarter worth about $122,000. Advantus Mgmt accumulated 50,795 shares. Plante Moran Financial Limited Liability Corp owns 855 shares. Quantbot Technologies Lp acquired 37,059 shares as Western Union Co (WU)'s stock declined 1.00%.

Since October 11, 2017, it had 1 buy, and 15 selling transactions for $80.96 million activity.

In terms of performance, shares of Adobe Systems Incorporated (NASDAQ:ADBE) are 23.31% since the start of 2016. GARRETT MARK had sold 54,488 shares worth $10.21M on Tuesday, February 6. The shares were sold at an average price of $223.86, for a total value of $658,148.40.

In related news, EVP Ann Lewnes sold 2,940 shares of the business's stock in a transaction on Thursday, March 22nd. The stock traded with the volume of 3.75 Million shares yesterday.

Evercore Wealth Management Llc, which manages about $4.87 billion and $2.69 billion US Long portfolio, decreased its stake in International Business Machs (NYSE:IBM) by 2,875 shares to 25,437 shares, valued at $3.90 million in 2017Q4, according to the filing. It also reduced its holding in Fiserv Inc.

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