Stocks under Discussion: Adobe Systems Incorporated (ADBE), The Kraft Heinz Company (KHC)

The company had a trading volume of 1,121,113 shares. The company's outstanding shares are 493.43 Million. The institutional investor owned 94,949 shares of the software company's stock after purchasing an additional 10,934 shares during the quarter.

Shares of Adobe Systems Incorporated (NASDAQ:ADBE) traded up 0.5599% during midday trading on Wednesday, reaching $108.8661. 21,276 shares valued at $3.97M were sold by GESCHKE CHARLES M on Wednesday, January 10. VANGUARD GROUP INC also announced increased position in Adobe Systems Incorporated (ADBE) during the quarter. It has underperformed by 20.00% the S&P500.

Parus Finance Uk Ltd decreased its stake in Adobe Sys Inc (ADBE) by 2.58% based on its latest 2017Q3 regulatory filing with the SEC. Insiders sold a total of 88,772 shares of company stock valued at $15,798,527 in the last ninety days. The software company reported $1.26 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.16 by $0.10. Gemmer Asset Management Llc who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $94.93 billion market cap company. The stock stands almost 3.23% off versus the 52-week high and 82.19% away from the 52-week low. The stock saw a move of -0.08% during the latest trading session. Adobe Systems Incorporated earnings have risen with an annualized rate of 15.3% over the last 5 years. It has outperformed by 25.59% the S&P500.

The average 1-year price target for Adobe Systems Incorporated (ADBE) - averaging the work of different analysts - reveals a mean PT of $199.1/share. Therefore 74% are positive.

According to 11 analysts, the Average Revenue Estimate is $6.57 Billion for the current Fiscal quarter. Mizuho maintained the stock with "Buy" rating in Thursday, July 21 report. The stock of Roche Holding AG (OTCMKTS:RHHBY) has "Buy" rating given on Monday, July 10 by Cowen & Co. The firm has "Market Perform" rating given on Wednesday, January 11 by Wells Fargo. The firm has "Buy" rating given on Friday, October 23 by Monness Crespi & Hardt. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Robert W. Baird on Thursday, August 31. State Of Alaska Department Of Revenue accumulated 0.05% or 6,492 shares. The firm has "Buy" rating by Jefferies given on Friday, September 18. Cowen & Co has "Buy" rating and $16000 target.

Since August 14, 2017, it had 0 buys, and 5 selling transactions for $8.22 million activity. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Hold" rating by Pivotal Research on Thursday, January 12. About 1.41M shares traded.

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Investors sentiment increased to 1.11 in Q3 2017. Its down 0.01, from 0.91 in 2017Q2. The investor is now holding $23.94 million shares due in part to a decrease of 549046 new shares in their portfolio.

Several other hedge funds have also made changes to their positions in ADBE. For the past month, shares are 0.80%. The target implies a -21.54% decrease from where the shares are now trading. Shamrock Asset Mngmt Ltd Liability Com holds 0.01% or 148 shares in its portfolio.

Factory Mutual Insurance Co. reduced its holdings in shares of Adobe Systems Incorporated (NASDAQ:ADBE) by 15.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Fort Point Cap Prtnrs Ltd Liability, a California-based fund reported 1,791 shares. (NASDAQ:AMZN). Halbert Hargrove Russell Ltd Liability invested in 0.18% or 688 shares. Renaissance Technologies Ltd Liability stated it has 1.15 million shares. It also upped Aci Worldwide (NASDAQ:ACIW) stake by 80,638 shares and now owns 945,341 shares. 4,947 were accumulated by Brown Advisory Securities Limited Liability Corp. Deutsche Bank maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, October 7 with "Buy" rating. (NYSE:KMX). Assetmark owns 116 shares.

Adobe Systems (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, December 14th. The insider WARNOCK JOHN E sold 6,800 shares worth $1.18 million. Insiders own 0.38% of the company's stock.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.15, from 0.99 in 2017Q2. 652 were accumulated by Dreman Value L L C. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Deluxe Corporation (NYSE:DLX). Baldwin Brothers Ma holds 0.05% or 4,823 shares. Prudential Finance Incorporated stated it has 2.17M shares or 0.53% of all its holdings. Baker Avenue Asset Mgmt LP reported 102,380 shares stake. First Advsrs LP has 0.3% invested in Adobe Systems Incorporated (NASDAQ:ADBE). The Tennessee-based Green Square Cap Ltd has invested 0.25% in Adobe Systems Incorporated (NASDAQ:ADBE). Srs Investment Mgmt Limited Liability Co holds 218,056 shares or 0.67% of its portfolio. Jacobs Levy Equity owns 24,224 shares for 0.07% of their portfolio. Birinyi Assocs Inc reported 7,500 shares or 0.53% of all its holdings. Moreover, Torray Ltd Com has 0.1% invested in Phillips 66 (NYSE:PSX). Commonwealth Natl Bank Of invested in 0.02% or 11,088 shares. First Mercantile owns 14,200 shares for 0.1% of their portfolio. Nine research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. Liberty Global had 45 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has "Hold" rating by Citigroup on Wednesday, October 18. Narrowing in further, the stock has been recently noted at -0.23% away from the 30 day high and +12.80% separated from the 30 day low. Piper Jaffray maintained Amazon.com, Inc. The stock of SunPower Corporation (NASDAQ:SPWR) has "Neutral" rating given on Tuesday, January 5 by Goldman Sachs. The stock of NV5 Global, Inc. The firm has "Hold" rating given on Thursday, November 3 by Wunderlich.

In other news, EVP Matthew Thompson sold 2,190 shares of the business's stock in a transaction that occurred on Monday, October 23rd.

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