Adobe Systems Incorporated (ADBE) Shares Bought by Ameriprise Financial Inc

Bank of Stockton increased its stake in Adobe Systems by 0.4% during the 2nd quarter. It has outperformed by 25.59% the S&P500. Highland Cap Mgmt LP owns 54,660 shares or 0.16% of their USA portfolio. About 993,115 shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since December 7, 2016 and is uptrending. It has outperformed by 3.70% the S&P500.

Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $311,035 activity. Columbia Partners L L C Mgmt reported 0.75% in Adobe Systems Incorporated (NASDAQ:ADBE). Arcadia Investment Management Corp MI now owns 34,547 shares of the software company's stock valued at $4,886,000 after acquiring an additional 2,242 shares during the period. Therefore 79% are positive. Barclays reaffirmed a "buy" rating and issued a $167.00 target price on shares of Adobe Systems in a report on Friday, September 15th. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Thursday, June 8 by BMO Capital Markets. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 7, 2016 and is uptrending. The rating was maintained by Citigroup with "Buy" on Wednesday, September 21. The company was maintained on Friday, October 2 by RBC Capital Markets. They set a buy rating and a $217.00 target price on the stock. Canaccord Genuity maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, September 21 with "Buy" rating. Stifel Nicolaus maintained it with "Buy" rating and $175.0 target in Thursday, October 19 report. Also, Director John E. Warnock sold 6,800 shares of the company's stock in a transaction on Friday, October 20th. Argus Research maintained it with "Buy" rating and $110 target in Monday, December 14 report. The business's revenue for the quarter was up 25.8% on a year-over-year basis. equities research analysts anticipate that Adobe Systems Incorporated will post 3.46 earnings per share for the current fiscal year. ADBE's profit will be $473.23 million for 44.59 P/E if the $0.96 EPS becomes a reality.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 0 Sell and 8 Hold. Netflix Inc (NASDAQ:NFLX) was raised too.

Finally, Bienville Capital Management LLC increased its stake in Adobe Systems by 1.6% during the 2nd quarter. Its up 0.10, from 1 in 2017Q1. It improved, as 49 investors sold ADBE shares while 326 reduced holdings.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ADBE.

Company's present short-term liquidity position is solid, and Adobe Systems Incorporated in comparison to current debt, ratio of cash and other liquid resources reported at 2.0%. Atlantic Grp Inc Ltd Liability Corporation reported 471,736 shares. Moreover, Omers Administration has 0.03% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 16,400 shares. Renaissance Gru Limited Com holds 1.06% or 203,424 shares in its portfolio. Next Finance reported 1,337 shares. Bb&T reported 0.4% stake. Appleton Prtnrs Ma holds 25,874 shares. Arcadia Investment Management Corp MI increased its holdings in shares of Adobe Systems by 6.9% in the 2nd quarter. Tradewinds Capital Mgmt Llc reported 0.71% stake.

Adobe Systems Incorporated (ADBE) opened at $173.52 on Thursday. 2,500 are owned by Pioneer Trust State Bank N A Or. Gateway Advisers Ltd Co holds 419,979 shares. Birinyi Assoc Incorporated, Connecticut-based fund reported 7,600 shares.

Revance Therapeutics, Inc., a biotechnology company, engages in the development, manufacturing, and commercialization of novel botulinum toxin products for various aesthetic and therapeutic indications. Howe & Rusling Inc who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $85.54 billion market cap company. The company's lead drug candidate is DaxibotulinumtoxinA for injection, which is in Phase III clinical trials to treat glabellar (frown) lines, as well as in Phase II clinical trials for the treatment of cervical dystonia and plantar fasciitis.

Investors sentiment increased to 0.93 in Q2 2017. Its up 0.10, from 1 in 2017Q1. Natl Bank Of Nova Scotia invested in 111,577 shares. Glenmede Tru Na accumulated 918,458 shares. Moreover, Wellington Group Ltd Liability Partnership has 0.01% invested in Revance Therapeutics, Inc. Highland Cap Limited Liability Co stated it has 6,004 shares or 0.07% of all its holdings. S&Co Inc holds 0.06% or 3,130 shares in its portfolio. Comerica Bankshares stated it has 0.39% in Amgen Inc. Univest Of Pennsylvania has invested 1.84% in Amgen Inc. (NASDAQ:RVNC). Creative Planning has 0% invested in Revance Therapeutics, Inc. Motco reported 392 shares. Cohen Lawrence B reported 3,035 shares or 0.33% of all its holdings. Tower Rech Ltd (Trc) holds 0% in Revance Therapeutics, Inc. (NASDAQ:GILD) for 7,723 shares. Pointstate Lp invested 0.13% in Revance Therapeutics, Inc. The fund owned 305,104 shares of the software company's stock after buying an additional 4,300 shares during the quarter.

Analysts await Gilead Sciences, Inc. (NASDAQ:RVNC) to report earnings on February, 26. After $-1.01 actual EPS reported by Revance Therapeutics, Inc. for the previous quarter, Wall Street now forecasts -5.94% EPS growth.

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