1607 Capital Partners Llc decreased its stake in Mfs Inter Income Tr (MIN) by 4.12% based on its latest 2017Q3 regulatory filing with the SEC. 1607 Capital Partners Llc sold 98,900 shares as the company’s stock declined 0.46% while stock markets rallied. The institutional investor held 2.30 million shares of the company at the end of 2017Q3, valued at $9.85 million, down from 2.40 million at the end of the previous reported quarter. 1607 Capital Partners Llc who had been investing in Mfs Inter Income Tr for a number of months, seems to be less bullish one the $478.00M market cap company. The stock decreased 0.95% or $0.04 during the last trading session, reaching $4.06. About 284,319 shares traded. MFS Intermediate Income Trust (NYSE:MIN) has declined 4.44% since January 17, 2017 and is downtrending. It has underperformed by 21.14% the S&P500.
Gemmer Asset Management Llc increased its stake in Adobe Sys Inc (ADBE) by 75.35% based on its latest 2017Q3 regulatory filing with the SEC. Gemmer Asset Management Llc bought 13,710 shares as the company’s stock rose 14.01% with the market. The institutional investor held 31,905 shares of the prepackaged software company at the end of 2017Q3, valued at $4.76M, up from 18,195 at the end of the previous reported quarter. Gemmer Asset Management Llc who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $94.87B market cap company. The stock decreased 1.33% or $2.59 during the last trading session, reaching $192.46. About 4.60M shares traded or 57.86% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 17, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.
Investors sentiment increased to 1.11 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It improved, 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. Morgan Stanley invested 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). 32,373 are owned by Utd Capital Finance Advisers Ltd Company. Moreover, Renaissance Group Incorporated Llc has 1.1% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Torray invested 1.72% in Adobe Systems Incorporated (NASDAQ:ADBE). San Francisco Sentry Invest Gp Inc (Ca) reported 0.5% stake. Lazard Asset Mngmt Lc stated it has 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE). Pointstate Capital Ltd Partnership reported 456,900 shares. Benjamin F Edwards & holds 0% or 35 shares in its portfolio. Appleton Ma invested in 0.64% or 25,322 shares. Goelzer Investment Management has 0.25% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Bedrijfstakpensioenfonds Voor De Media Pno holds 123,473 shares or 2.07% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 112,239 shares. Monetary Mngmt Gru has 800 shares for 0.05% of their portfolio. Cwm Limited Liability Corporation, Nebraska-based fund reported 796 shares. Dekabank Deutsche Girozentrale reported 167,083 shares.
Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. Credit Suisse reinitiated it with “Neutral” rating and $105 target in Thursday, April 21 report. The rating was maintained by Wells Fargo on Wednesday, September 20 with “Hold”. On Thursday, October 19 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Hold” rating given on Monday, September 21 by S&P Research. JP Morgan maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, October 7 with “Overweight” rating. The firm earned “Outperform” rating on Friday, October 2 by RBC Capital Markets. FBR Capital maintained the shares of ADBE in report on Friday, December 11 with “Mkt Perform” rating. Bank of America maintained it with “Buy” rating and $220.0 target in Wednesday, December 13 report. The firm earned “Outperform” rating on Friday, June 24 by Cowen & Co. As per Thursday, October 19, the company rating was maintained by BMO Capital Markets.
Since August 9, 2017, it had 1 buying transaction, and 7 selling transactions for $6.56 million activity. WARNOCK JOHN E also sold $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. 2,190 shares were sold by THOMPSON MATTHEW, worth $379,784. GESCHKE CHARLES M also sold $3.97M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. 1,125 shares valued at $199,520 were bought by Banse Amy on Monday, December 18.
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