Adobe Sys (ADBE) Holder Trillium Asset Management Cut Its Position by $3.44 Million as Shares Rose; Bruce & Co Lowered Its Holding in Amerco (UHAL) by $905,177

May 21, 2018 - By Louis Casey

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

Trillium Asset Management Llc decreased its stake in Adobe Sys Inc (ADBE) by 11.35% based on its latest 2017Q4 regulatory filing with the SEC. Trillium Asset Management Llc sold 19,652 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 153,508 shares of the prepackaged software company at the end of 2017Q4, valued at $26.90 million, down from 173,160 at the end of the previous reported quarter. Trillium Asset Management Llc who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $117.25B market cap company. The stock decreased 0.00% or $0.005 during the last trading session, reaching $238.085. About 1.28M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 21, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Bruce & Co Inc decreased its stake in Amerco (UHAL) by 1.27% based on its latest 2017Q4 regulatory filing with the SEC. Bruce & Co Inc sold 2,401 shares as the company’s stock declined 9.81% with the market. The institutional investor held 185,969 shares of the rental and leasing company at the end of 2017Q4, valued at $70.28 million, down from 188,370 at the end of the previous reported quarter. Bruce & Co Inc who had been investing in Amerco for a number of months, seems to be less bullish one the $6.96 billion market cap company. The stock decreased 0.29% or $1.03 during the last trading session, reaching $354.69. About 42,770 shares traded. AMERCO (NASDAQ:UHAL) has declined 10.74% since May 21, 2017 and is downtrending. It has underperformed by 22.29% the S&P500.

Since December 13, 2017, it had 1 insider purchase, and 17 selling transactions for $87.77 million activity. Lewnes Ann also sold $696,048 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, May 16. On Friday, April 20 GESCHKE CHARLES M sold $3.59 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 16,000 shares. On Thursday, March 29 WARNOCK JOHN E sold $3.03 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 14,000 shares. DILLON MICHAEL A also sold $3.51 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. 1,125 shares were bought by Banse Amy, worth $199,520 on Monday, December 18. 30,000 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $5.97M were sold by LAMKIN BRYAN.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on June, 19. They expect $1.25 EPS, up 54.32% or $0.44 from last year’s $0.81 per share. ADBE’s profit will be $615.59 million for 47.62 P/E if the $1.25 EPS becomes a reality. After $1.28 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. It dived, as 47 investors sold ADBE shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported. One National Association stated it has 0.03% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Dodge And Cox reported 91,653 shares. Aviva Public Ltd Co has invested 0.27% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). West Virginia-based City has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Firsthand Capital Mngmt Incorporated holds 1.94% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 15,000 shares. Meridian Inv Counsel holds 0.74% in Adobe Systems Incorporated (NASDAQ:ADBE) or 7,705 shares. Leavell Investment Management has invested 0.49% in Adobe Systems Incorporated (NASDAQ:ADBE). Weiss Multi reported 10,000 shares stake. Kdi Cap Ltd Llc holds 2.94% or 42,214 shares in its portfolio. Next Incorporated reported 0.12% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Great Lakes Advsr Ltd holds 0.02% or 5,754 shares in its portfolio. Deutsche Bank & Trust Ag owns 0.11% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 989,620 shares. Westover Cap Advsr Llc holds 0.26% or 2,698 shares. Telemus Limited Com owns 26,628 shares for 0.36% of their portfolio. Cetera Advisors Ltd Liability Corp holds 1,382 shares or 0.01% of its portfolio.

Trillium Asset Management Llc, which manages about $1.82B US Long portfolio, upped its stake in Horace Mann Educators Corp N (NYSE:HMN) by 31,480 shares to 73,716 shares, valued at $3.25M in 2017Q4, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 5,328 shares in the quarter, for a total of 125,461 shares, and has risen its stake in Pnc Finl Svcs Group Inc (NYSE:PNC).

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 157 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Thursday, January 5. The rating was maintained by Jefferies on Wednesday, September 20 with “Buy”. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, October 19. Bank of America maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, December 13. Bank of America has “Buy” rating and $220.0 target. On Tuesday, August 22 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Friday, March 18. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Thursday, October 19 by Credit Suisse. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, October 18. Dougherty & Company initiated the shares of ADBE in report on Thursday, January 14 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, September 21.

More important recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Finance.Yahoo.com which released: “Should You Buy DocuSign After its Post-IPO Surge?” on May 18, 2018, also Nasdaq.com published article titled: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers”, Streetinsider.com published: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: Seekingalpha.com and their article: “DocuSign raises IPO price range” with publication date: April 25, 2018.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.03, from 1.22 in 2017Q3. It worsened, as 26 investors sold UHAL shares while 64 reduced holdings. 43 funds opened positions while 64 raised stakes. 6.46 million shares or 13.78% more from 5.67 million shares in 2017Q3 were reported. Dimensional Fund Advsr Lp owns 0.06% invested in AMERCO (NASDAQ:UHAL) for 407,658 shares. Voya Investment Ltd holds 0% or 1,357 shares. Guggenheim Cap Ltd Liability Corporation owns 0% invested in AMERCO (NASDAQ:UHAL) for 2,452 shares. Aperio Group Lc reported 1,505 shares or 0% of all its holdings. Price T Rowe Md accumulated 0% or 2,052 shares. Hsbc Holdings Plc reported 6,910 shares. Utah Retirement stated it has 900 shares or 0.01% of all its holdings. Old Mutual Customised Solutions (Proprietary) Limited holds 0.01% in AMERCO (NASDAQ:UHAL) or 300 shares. Abrams Management Ltd Partnership invested 5.02% of its portfolio in AMERCO (NASDAQ:UHAL). 747 were reported by Dekabank Deutsche Girozentrale. Dreman Value Management L L C reported 478 shares. State Street reported 134,201 shares. Swiss Financial Bank reported 0.01% of its portfolio in AMERCO (NASDAQ:UHAL). Kbc Nv invested 0% in AMERCO (NASDAQ:UHAL). Systematic Finance Mgmt Lp invested 0.32% of its portfolio in AMERCO (NASDAQ:UHAL).

More recent AMERCO (NASDAQ:UHAL) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in Container Store, OUTFRONT Media, SpartanNash, Amerco, Simpson …” on April 23, 2018. Also Seekingalpha.com published the news titled: “Ryder System – Good Dividend, Bad Industry” on April 30, 2018. Prnewswire.com‘s news article titled: “AMERCO Schedules Fourth Quarter Fiscal Year End 2018 Financial Results Release and Investor Webcast” with publication date: May 17, 2018 was also an interesting one.

Analysts await AMERCO (NASDAQ:UHAL) to report earnings on May, 23. They expect $0.66 earnings per share, up 34.69% or $0.17 from last year’s $0.49 per share. UHAL’s profit will be $12.94M for 134.35 P/E if the $0.66 EPS becomes a reality. After $2.34 actual earnings per share reported by AMERCO for the previous quarter, Wall Street now forecasts -71.79% negative EPS growth.

Among 2 analysts covering AMERCO (NASDAQ:UHAL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. AMERCO had 2 analyst reports since August 5, 2016 according to SRatingsIntel. As per Friday, April 6, the company rating was reinitiated by C.L. King. The company was downgraded on Friday, August 5 by CL King.

Since December 18, 2017, it had 0 buys, and 1 sale for $76,232 activity.

AMERCO (NASDAQ:UHAL) Institutional Positions Chart

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.

By1 Louis Casey

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:








Recent Posts