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As Adobe Systems (ADBE) Stock Value Rose, Suncoast Equity Management Raised Its Holding; Eminence Capital LP Has Increased Its Wendys Co (WEN) Position by $44.42 Million; Shares Rose

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Ricky Sandler increased its stake in Wendys Co (WEN) by 31.18% based on its latest 2017Q4 regulatory filing with the SEC. Eminence Capital Lp bought 2.78M shares as the company’s stock rose 4.38% while stock markets declined. The hedge fund run by Ricky Sandler held 11.68M shares of the restaurants company at the end of 2017Q4, valued at $191.79 million, up from 8.90 million at the end of the previous reported quarter. Eminence Capital Lp who had been investing in Wendys Co for a number of months, seems to be bullish on the $4.11B market cap company. The stock decreased 1.38% or $0.24 during the last trading session, reaching $17.15. About 2.25 million shares traded. The Wendy's Company (NASDAQ:WEN) has risen 28.35% since April 23, 2017 and is uptrending. It has outperformed by 16.80% the S&P500.

Suncoast Equity Management increased its stake in Adobe Systems (ADBE) by 53.77% based on its latest 2017Q4 regulatory filing with the SEC. Suncoast Equity Management bought 24,585 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 70,310 shares of the prepackaged software company at the end of 2017Q4, valued at $12.32 million, up from 45,725 at the end of the previous reported quarter. Suncoast Equity Management who had been investing in Adobe Systems for a number of months, seems to be bullish on the $110.92 billion market cap company. The stock decreased 1.05% or $2.38 during the last trading session, reaching $225.24. About 2.09 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 23, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Since February 26, 2018, it had 1 buy, and 6 selling transactions for $421.68 million activity. 5.00M shares were sold by Peltz Matthew H., worth $82.50 million. $82.50 million worth of The Wendy's Company (NASDAQ:WEN) was sold by GARDEN EDWARD P on Monday, February 26. MAY PETER W sold 5.00 million shares worth $82.50M. 5,000 The Wendy's Company (NASDAQ:WEN) shares with value of $83,109 were bought by Plosch Gunther. PELTZ NELSON sold 5.00M shares worth $82.50 million. TRIAN FUND MANAGEMENT – L.P. sold $82.50 million worth of stock or 5.00M shares.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.15, from 0.79 in 2017Q3. It increased, as 22 investors sold WEN shares while 86 reduced holdings. 34 funds opened positions while 67 raised stakes. 184.69 million shares or 1.83% more from 181.38 million shares in 2017Q3 were reported. Mercer Advisers invested in 0.01% or 500 shares. Trexquant Invest LP invested in 0.02% or 10,970 shares. Boyar Asset Mgmt has invested 1.35% of its portfolio in The Wendy's Company (NASDAQ:WEN). Spears Abacus Advsrs Limited Liability Corporation reported 0.02% in The Wendy's Company (NASDAQ:WEN). Clinton Group Inc Inc invested in 0.25% or 175,314 shares. Lpl Ltd holds 0% or 54,933 shares. Mason Street Advisors Limited Liability Co, Wisconsin-based fund reported 89,492 shares. Ubs Asset Americas reported 0% of its portfolio in The Wendy's Company (NASDAQ:WEN). Riggs Asset Managment reported 216 shares or 0% of all its holdings. Envestnet Asset Mngmt Incorporated reported 3,460 shares or 0% of all its holdings. Brown Brothers Harriman Co holds 50 shares. Louisiana State Employees Retirement Sys owns 46,000 shares. New York-based Tiaa Cref Invest Management Limited Liability Company has invested 0.01% in The Wendy's Company (NASDAQ:WEN). 395,839 were accumulated by Landscape Limited Liability Corp. Reilly Advisors Llc reported 4 shares.

Among 22 analysts covering Wendy’s (NASDAQ:WEN), 13 have Buy rating, 1 Sell and 8 Hold. Therefore 59% are positive. Wendy’s had 56 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 2 by RBC Capital Markets. Nomura initiated The Wendy's Company (NASDAQ:WEN) rating on Thursday, October 1. Nomura has “Neutral” rating and $10 target. The stock has “Overweight” rating by Stephens on Thursday, May 11. The stock of The Wendy's Company (NASDAQ:WEN) earned “Buy” rating by Longbow on Friday, September 15. The rating was reinitiated by Bernstein on Thursday, May 26 with “Market Perform”. The company was upgraded on Thursday, March 8 by Longbow. The stock of The Wendy's Company (NASDAQ:WEN) earned “Hold” rating by Wedbush on Wednesday, August 9. The firm earned “Buy” rating on Thursday, August 11 by Goldman Sachs. Stifel Nicolaus maintained The Wendy's Company (NASDAQ:WEN) on Wednesday, April 18 with “Buy” rating. Citigroup maintained The Wendy's Company (NASDAQ:WEN) rating on Monday, March 5. Citigroup has “Buy” rating and $19 target.

Eminence Capital Lp, which manages about $10.55 billion and $6.56 billion US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 298,416 shares to 447,815 shares, valued at $100.76 million in 2017Q4, according to the filing. It also reduced its holding in La Quinta Hldgs Inc (NYSE:LQ) by 944,882 shares in the quarter, leaving it with 9.60M shares, and cut its stake in Jack In The Box Inc (NASDAQ:JACK).

Since December 13, 2017, it had 1 buy, and 16 selling transactions for $87.08 million activity. Shares for $199,520 were bought by Banse Amy on Monday, December 18. $1.26 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by DILLON MICHAEL A. $3.59 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by GESCHKE CHARLES M. The insider NARAYEN SHANTANU sold 165,023 shares worth $32.66 million. $658,148 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Lewnes Ann on Thursday, March 22. 3,000 shares were sold by WARNOCK JOHN E, worth $671,316 on Wednesday, April 11.

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. Guggenheim maintained the stock with “Buy” rating in Wednesday, January 10 report. Stephens maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, March 16 with “Buy” rating. The firm has “Buy” rating by Canaccord Genuity given on Thursday, December 14. The company was maintained on Tuesday, August 22 by Canaccord Genuity. As per Wednesday, September 20, the company rating was maintained by Cowen & Co. On Tuesday, August 25 the stock rating was upgraded by Robert W. Baird to “Neutral”. The rating was downgraded by Deutsche Bank on Monday, October 16 to “Hold”. Canaccord Genuity maintained the shares of ADBE in report on Thursday, October 19 with “Buy” rating. The firm has “Hold” rating by Pivotal Research given on Thursday, October 19. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Neutral” rating given on Wednesday, September 21 by Credit Suisse.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It turned negative, 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. Great Lakes Advsrs Ltd accumulated 0.02% or 5,754 shares. Gemmer Asset Mngmt Ltd Company holds 2.89% or 47,730 shares in its portfolio. Lombard Odier Asset Management (Europe) owns 5,398 shares for 0.06% of their portfolio. 19,632 are owned by Autus Asset Limited Liability. State Bank Of Nova Scotia reported 0.13% stake. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.18% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 114,044 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 0.13% or 7,507 shares. Bryn Mawr Tru invested in 1,682 shares or 0.02% of the stock. Jnba Advsr reported 0% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Morgan Stanley has invested 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Papp L Roy & stated it has 14,300 shares. Portolan Cap Mgmt Limited accumulated 13,810 shares. Arizona State Retirement Systems invested in 0.24% or 139,834 shares. 192,300 were reported by Tiger Mgmt Ltd Com. Murphy Capital invested in 0.05% or 1,905 shares.

The Wendy's Company (NASDAQ:WEN) Institutional Positions Chart

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