Inverness Counsel Raised Adobe Sys (ADBE) Stake; Ev Energy Partners LP (EVEP) Has 0.21 Sentiment

February 15, 2018 - By Michael Collier

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has market cap of $32.77 million. The Company’s properties are located in the Barnett Shale; the San Juan Basin; the Appalachian Basin; Michigan; Central Texas; the Monroe Field in Northern Louisiana; the Mid–Continent areas in Oklahoma, Texas, Arkansas, Kansas, and Louisiana; and the Permian Basin. It currently has negative earnings. As of December 31, 2016, the firm had estimated net proved reserves of 12.6 million barrels of oil; 575.3 billion cubic feet of natural gas; and 33.4 million barrels of natural gas liquids.

Inverness Counsel Llc increased Adobe Sys Inc (ADBE) stake by 2.3% reported in 2017Q3 SEC filing. Inverness Counsel Llc acquired 5,495 shares as Adobe Sys Inc (ADBE)’s stock rose 14.01%. The Inverness Counsel Llc holds 244,355 shares with $36.45M value, up from 238,860 last quarter. Adobe Sys Inc now has $96.91B valuation. The stock increased 1.89% or $3.65 during the last trading session, reaching $197.13. About 2.54M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 15, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Since September 13, 2017, it had 1 buying transaction, and 14 insider sales for $79.49 million activity. Another trade for 54,488 shares valued at $10.21 million was made by GARRETT MARK on Tuesday, February 6. DILLON MICHAEL A sold $1.26M worth of stock or 6,376 shares. $10.16 million worth of stock was sold by THOMPSON MATTHEW on Friday, January 26. Another trade for 21,276 shares valued at $3.97 million was sold by GESCHKE CHARLES M. The insider Lewnes Ann sold $338,846. 29,404 shares were sold by Morris Donna, worth $5.81M. $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by WARNOCK JOHN E.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It is positive, as 42 investors sold ADBE shares while 327 reduced holdings. 97 funds opened positions while 312 raised stakes. 414.95 million shares or 0.84% less from 418.45 million shares in 2017Q2 were reported. First Savings Bank Of Hutchinson holds 0.54% or 5,831 shares. Natl Asset Mngmt Inc reported 0.14% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Bb&T Secs holds 18,252 shares. Genesee Valley Tru has 1.22% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Ubs Asset Americas Incorporated has invested 0.45% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). 208,400 are held by Employees Retirement System Of Texas. Engineers Gate Manager LP has 0.43% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 34,283 shares. Wealth Enhancement Advisory Service Limited Liability has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Azimuth Mngmt Limited, a Michigan-based fund reported 1,843 shares. Tower Bridge Advsrs holds 4,000 shares. Private Advisor Grp Limited Co has invested 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Citigroup reported 382,863 shares stake. Eulav Asset accumulated 0.39% or 56,000 shares. Colorado-based Ghp Investment has invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Northstar Asset Mgmt stated it has 1.16% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE).

Inverness Counsel Llc decreased Automatic Data Proc (NASDAQ:ADP) stake by 14,000 shares to 53,134 valued at $5.81 million in 2017Q3. It also reduced Netease Com Inc Adr (NASDAQ:NTES) stake by 5,000 shares and now owns 16,800 shares. Union Pac Corp (NYSE:UNP) was reduced too.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 140 analyst reports since August 11, 2015 according to SRatingsIntel. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, September 21 with “Outperform” rating. The rating was downgraded by Pivotal Research on Thursday, January 12 to “Hold”. The company was maintained on Tuesday, September 26 by KeyBanc Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, August 22 report. Susquehanna maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, October 7. Susquehanna has “Positive” rating and $97 target. Argus Research maintained it with “Buy” rating and $195 target in Wednesday, October 25 report. The firm has “Buy” rating given on Tuesday, January 23 by Guggenheim. The firm has “Neutral” rating given on Friday, March 18 by Goldman Sachs. As per Wednesday, September 2, the company rating was initiated by Oppenheimer. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Friday, March 17 by Wunderlich.

The stock increased 2.93% or $0.0189 during the last trading session, reaching $0.6638. About 123,666 shares traded. EV Energy Partners, L.P. (EVEP) has declined 38.68% since February 15, 2017 and is downtrending. It has underperformed by 55.38% the S&P500.

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By1 Michael Collier

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