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Marketfield Asset Management Has Lowered Stake in Wal (WMT) by $658,266 as Shares Declined; King Luther Capital Management Lowered Its Position in Adobe Sys (ADBE) by $9.81 Million as Stock Rose

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Marketfield Asset Management Llc decreased its stake in Wal (WMT) by 7.32% based on its latest 2017Q4 regulatory filing with the SEC. Marketfield Asset Management Llc sold 6,717 shares as the company’s stock declined 12.38% with the market. The institutional investor held 85,070 shares of the consumer services company at the end of 2017Q4, valued at $8.40M, down from 91,787 at the end of the previous reported quarter. Marketfield Asset Management Llc who had been investing in Wal for a number of months, seems to be less bullish one the $256.65B market cap company. The stock decreased 1.04% or $0.91 during the last trading session, reaching $86.98. About 8.32M shares traded. Walmart Inc. (NYSE:WMT) has risen 23.53% since April 21, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

King Luther Capital Management Corp decreased its stake in Adobe Sys Inc (ADBE) by 3.81% based on its latest 2017Q4 regulatory filing with the SEC. King Luther Capital Management Corp sold 56,041 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 1.42 million shares of the prepackaged software company at the end of 2017Q4, valued at $248.26 million, down from 1.47M at the end of the previous reported quarter. King Luther Capital Management Corp who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $110.92 billion market cap company. The stock decreased 1.05% or $2.38 during the last trading session, reaching $225.24. About 2.09M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 21, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Analysts await Walmart Inc. (NYSE:WMT) to report earnings on May, 17. They expect $1.12 earnings per share, up 12.00% or $0.12 from last year’s $1 per share. WMT’s profit will be $3.30B for 19.42 P/E if the $1.12 EPS becomes a reality. After $1.33 actual earnings per share reported by Walmart Inc. for the previous quarter, Wall Street now forecasts -15.79% negative EPS growth.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.03, from 1.02 in 2017Q3. It is negative, as 68 investors sold WMT shares while 541 reduced holdings. 165 funds opened positions while 435 raised stakes. 865.70 million shares or 1.77% less from 881.34 million shares in 2017Q3 were reported. Cullen Frost Bankers invested 0.34% of its portfolio in Walmart Inc. (NYSE:WMT). Monetta Fincl Svcs reported 35,000 shares stake. Com State Bank holds 0.33% in Walmart Inc. (NYSE:WMT) or 253,151 shares. Virtu Fincl Limited Liability Corp owns 8,151 shares. Mechanics Savings Bank Department holds 0.6% or 26,937 shares in its portfolio. Canandaigua Commercial Bank & Tru invested in 13,811 shares or 0.25% of the stock. City Holding Com reported 1.18% in Walmart Inc. (NYSE:WMT). Signature Est & Inv Advsr Lc invested 1.96% of its portfolio in Walmart Inc. (NYSE:WMT). National Bank Of Stockton reported 5,485 shares. Conning Inc invested in 1.32% or 405,196 shares. Vaughan David Investments Il invested in 0.02% or 4,425 shares. Ontario – Canada-based Canada Pension Plan Invest Board has invested 0.35% in Walmart Inc. (NYSE:WMT). The Ohio-based Hengehold Management Limited has invested 0.59% in Walmart Inc. (NYSE:WMT). Amg Funds Lc has invested 1.65% in Walmart Inc. (NYSE:WMT). Charter Co reported 16,346 shares.

Marketfield Asset Management Llc, which manages about $9.70 billion and $371.41M US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 17,399 shares to 27,153 shares, valued at $9.91 million in 2017Q4, according to the filing.

Since December 11, 2017, it had 0 insider buys, and 1 sale for $200,291 activity.

Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 21 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 154 analyst reports since August 14, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Buy” rating and $100.0 target in Monday, November 13 report. As per Friday, September 23, the company rating was upgraded by Barclays Capital. The stock of Walmart Inc. (NYSE:WMT) has “Neutral” rating given on Friday, November 10 by UBS. The stock has “Neutral” rating by Goldman Sachs on Monday, November 20. The company was maintained on Tuesday, August 15 by Citigroup. Stifel Nicolaus reinitiated the stock with “Hold” rating in Friday, January 20 report. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, November 8. Macquarie Research maintained it with “Neutral” rating and $67 target in Monday, October 5 report. As per Monday, October 2, the company rating was maintained by Robert W. Baird. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Friday, September 18 by TheStreet.

Since October 23, 2017, it had 1 buying transaction, and 15 selling transactions for $83.49 million activity. LAMKIN BRYAN sold $5.97M worth of stock or 30,000 shares. DILLON MICHAEL A sold 6,376 shares worth $1.26 million. Lewnes Ann also sold $680,503 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, April 18. Shares for $3.63M were sold by Rencher Bradley on Wednesday, January 24. $10.21 million worth of stock was sold by GARRETT MARK on Tuesday, February 6. 29,404 shares were sold by Morris Donna, worth $5.81 million.

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 rating was maintained by Jefferies with “Buy” on Wednesday, January 24. The rating was maintained by Guggenheim on Wednesday, January 10 with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Thursday, October 19. The firm has “Buy” rating by UBS given on Wednesday, June 22. The firm earned “Buy” rating on Thursday, January 14 by Dougherty & Company. The firm has “Strong-Buy” rating by Vetr given on Wednesday, September 2. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, September 21. The firm earned “Buy” rating on Monday, March 12 by Stifel Nicolaus. On Thursday, August 31 the stock rating was maintained by Robert W. Baird with “Buy”. On Friday, December 15 the stock rating was maintained by RBC Capital Markets with “Buy”.

King Luther Capital Management Corp, which manages about $16.93B and $12.23 billion US Long portfolio, upped its stake in Altria Group Inc (NYSE:MO) by 10,386 shares to 26,706 shares, valued at $1.91M in 2017Q4, according to the filing. It also increased its holding in Rambus Inc Del (NASDAQ:RMBS) by 55,225 shares in the quarter, for a total of 171,970 shares, and has risen its stake in Procter & Gamble Co (NYSE:PG).

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on June, 19. They expect $1.25 earnings per share, up 54.32% or $0.44 from last year’s $0.81 per share. ADBE’s profit will be $615.59 million for 45.05 P/E if the $1.25 EPS becomes a reality. After $1.28 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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