Adobe Systems Incorporated (ADBE): Financial Health and Analyst Ratings

The institutional investor owned 13,875 shares of the software company's stock after purchasing an additional 3,181 shares during the period. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.05 and a current ratio of 2.05. Aureus Asset Management Llc holds 0.04% or 1,545 shares. The stock decreased 0.48% or $0.01 during the last trading session, reaching $1.15. (NYSE:GGG) shares. Another trade for 30,000 shares valued at $3.46 million was sold by LOWE DAVID M. Shares for $3.94M were sold by SHEAHAN MARK W on Monday, October 30. Graco Inc. (NYSE:GGG) has risen 41.79% since December 15, 2016 and is uptrending. It has outperformed by 6.96% the S&P500.

South State Corp increased its stake in Adobe Sys Inc (ADBE) by 22.5% based on its latest 2017Q2 regulatory filing with the SEC. The company shares sank -10.13% from their peak of $19.25 and now has a $455.51 million market value of equity. Ltd. now owns 1,080 shares of the software company's stock worth $141,000 after buying an additional 500 shares during the last quarter. BlackRock Inc. now owns 34,445,217 shares of the software company's stock worth $4,871,931,000 after acquiring an additional 2,621,275 shares in the last quarter. The shares were sold at an average price of $129.96, for a total transaction of $290,200.68. Adobe Systems Incorporated has a one year low of $101.91 and a one year high of $186.27. It has outperformed by 25.59% the S&P500.

Since August 9, 2017, it had 0 insider purchases, and 5 insider sales for $2.45 million activity. State Of Alaska Department Of Revenue stated it has 1,752 shares or 0.02% of all its holdings. Insiders have sold 12,896 shares of company stock valued at $2,215,246 over the last ninety days. Castleark Ltd Llc holds 193,366 shares or 0.89% of its portfolio. It also reduced its holding in Vanguard Intermediate (BIV) by 5,027 shares in the quarter, leaving it with 15,611 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. Its up 0.10, from 1 in 2017Q1.

Stifel Financial Corp raised its stake in Adobe Systems Incorporated (NASDAQ:ADBE) by 134.0% during the first quarter, according to its most recent disclosure with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. Senzar Asset Management Limited Liability stated it has 641,301 shares. Clifford Swan Investment Counsel Limited Liability Co has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Company insiders own 0.38% of the company's stock. Aimz Advsr Ltd Llc stated it has 10,400 shares. Investec Asset Management, a United Kingdom-based fund reported 1,764 shares. Institute For Wealth Mgmt Ltd Liability Corporation invested in 0.96% or 24,808 shares. Etrade Capital Mgmt Limited Liability Co stated it has 0.02% of its portfolio in American Tower Corporation (NYSE:REIT). Price T Rowe Assoc Md has 977,747 shares.

Keeping an eyeball on Gross profit Margin, Net profit Margin & Operating Margin, the Gross profit margin of 86.10%; the net profit margin of 23.10% while its Operating margin was 28.80% for Adobe Systems Incorporated (ADBE). 4,475 are owned by Comerica. Pioneer Tru Bancorp N A Or holds 0.2% or 2,500 shares.

Adobe Systems (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, December 14th. 1St Global invested in 0.13% or 7,696 shares.

Adobe Systems (NASDAQ:ADBE) was upgraded by equities researchers at Vetr from a "buy" rating to a "strong-buy" rating in a research note issued on Wednesday, November 29th. Therefore 41% are positive. Jefferies Group began coverage on Adobe Systems in a research report on Thursday, August 24th.

Currently, the analyst consensus on Adobe is Moderate Buy and the average price target is $191.32, representing a 6.7% upside. The firm has "Outperform" rating given on Friday, March 18 by RBC Capital Markets. Credit Suisse has "Hold" rating and $160.0 target. Wunderlich maintained it with "Buy" rating and $16500 target in Wednesday, June 21 report. Citigroup has "Buy" rating and $117 target. Congress Asset Company Ma has 1.23% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 487,209 shares. JP Morgan has "Overweight" rating and $95 target. The firm earned "Outperform" rating on Wednesday, September 21 by Cowen & Co. The stock has "Buy" rating by KeyBanc Capital Markets on Tuesday, September 26. Pivotal Research maintained the shares of ADBE in report on Friday, March 17 with "Hold" rating. The stock has "Hold" rating by Robert W. Baird on Wednesday, October 4.

Analysts await Apple Inc. ADBE's profit would be $473.23M giving it 45.99 P/E if the $0.96 EPS is correct. After $3.02 actual EPS reported by C. R. Bard, Inc. for the previous quarter, Wall Street now forecasts 3.31% EPS growth. Seven investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has given a strong buy rating to the stock. Therefore 27% are positive. The firm has "Sell" rating by Pivotal Research given on Monday, June 12. Kepler Cheuvreux downgraded Banco Santander, S.A. (NYSE:SAN) on Friday, July 31 to "Hold" rating. Deutsche Bank maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, October 7. The stock of C. R. Bard, Inc. The firm earned "Sector Perform" rating on Friday, January 20 by Scotia Capital. RBC Capital Markets maintained the shares of GGG in report on Monday, July 10 with "Hold" rating. Canaccord Genuity maintained the shares of ADBE in report on Thursday, October 19 with "Buy" rating. Morgan Stanley has "Overweight" rating and $260 target.