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Radian Group (RDN) Shareholder Colony Group Has Lowered Its Holding as Market Valuation Declined; Lone Pine Capital Increases Position in Adobe Sys (ADBE)

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Colony Group Llc decreased its stake in Radian Group Inc. (RDN) by 13.67% based on its latest 2017Q4 regulatory filing with the SEC. Colony Group Llc sold 18,821 shares as the company’s stock declined 11.14% with the market. The hedge fund held 118,822 shares of the property-casualty insurers company at the end of 2017Q4, valued at $2.45 million, down from 137,643 at the end of the previous reported quarter. Colony Group Llc who had been investing in Radian Group Inc. for a number of months, seems to be less bullish one the $3.35B market cap company. The stock decreased 0.58% or $0.09 during the last trading session, reaching $15.5. About 1.33M shares traded. Radian Group Inc. (NYSE:RDN) has risen 6.99% since April 24, 2017 and is uptrending. It has underperformed by 4.56% the S&P500.

Stephen Mandel increased its stake in Adobe Sys Inc (ADBE) by 47.27% based on its latest 2017Q4 regulatory filing with the SEC. Lone Pine Capital Llc bought 1.86M shares as the company’s stock rose 22.17% while stock markets declined. The hedge fund run by Stephen Mandel held 5.79 million shares of the prepackaged software company at the end of 2017Q4, valued at $1.01B, up from 3.93 million at the end of the previous reported quarter. Lone Pine Capital Llc who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $110.95 billion market cap company. The stock increased 0.03% or $0.06 during the last trading session, reaching $225.3. About 2.07 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 24, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Lone Pine Capital Llc, which manages about $34.98 billion and $19.16B US Long portfolio, decreased its stake in Mastercard Incorporated (NYSE:MA) by 1.12 million shares to 3.36M shares, valued at $508.97M in 2017Q4, according to the filing. It also reduced its holding in Equinix Inc (NASDAQ:EQIX) by 151,123 shares in the quarter, leaving it with 1.12 million shares, and cut its stake in Mercadolibre Inc (NASDAQ:MELI).

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. It dived, 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. Parallax Volatility Advisers Lp has invested 0% in Adobe Systems Incorporated (NASDAQ:ADBE). Dana Invest Advsr reported 36,665 shares or 0.28% of all its holdings. Invesco Limited owns 4.59M shares for 0.29% of their portfolio. Oakworth Cap Inc accumulated 214 shares. Stevens Capital Management Limited Partnership holds 58,981 shares or 0.4% of its portfolio. Amica Pension Fund Board Of Trustees reported 12,767 shares. Chesley Taft Assoc Ltd Co stated it has 0.7% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Mackenzie Fin Corporation holds 0.01% or 24,800 shares in its portfolio. Stonebridge Limited Liability Corp has invested 0.22% in Adobe Systems Incorporated (NASDAQ:ADBE). Rhumbline Advisers owns 0.3% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 854,159 shares. 698,328 were accumulated by Adage Ptnrs Ltd Liability Corp. Park Avenue Limited Com has 4,207 shares for 0.19% of their portfolio. Capital Advisors Ltd Limited owns 710 shares. Gofen Glossberg Limited Liability Company Il has 24,975 shares. Cambridge Trust Company holds 1.69% or 152,360 shares.

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 stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Overweight” rating by KeyBanc Capital Markets on Friday, December 11. Wunderlich maintained the shares of ADBE in report on Wednesday, June 21 with “Buy” rating. The rating was maintained by Bernstein with “Outperform” on Friday, March 18. Jefferies maintained the shares of ADBE in report on Wednesday, September 20 with “Buy” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Wednesday, September 21 by Pivotal Research. RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, December 15 with “Buy” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Neutral” rating by Goldman Sachs on Wednesday, September 21. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, March 16. Rosenblatt maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, June 22 with “Buy” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Jefferies on Thursday, October 19.

Since December 13, 2017, it had 1 buy, and 16 sales for $87.08 million activity. 18,410 shares were sold by Rencher Bradley, worth $3.63 million on Wednesday, January 24. $671,316 worth of stock was sold by WARNOCK JOHN E on Wednesday, April 11. NARAYEN SHANTANU also sold $32.66M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. 1,125 shares valued at $199,520 were bought by Banse Amy on Monday, December 18. Lewnes Ann sold $658,148 worth of stock. Another trade for 6,376 shares valued at $1.26 million was sold by DILLON MICHAEL A.

Analysts await Radian Group Inc. (NYSE:RDN) to report earnings on April, 26. They expect $0.59 EPS, up 59.46% or $0.22 from last year’s $0.37 per share. RDN’s profit will be $127.48M for 6.57 P/E if the $0.59 EPS becomes a reality. After $0.51 actual EPS reported by Radian Group Inc. for the previous quarter, Wall Street now forecasts 15.69% EPS growth.

Colony Group Llc, which manages about $3.39 billion and $1.60B US Long portfolio, upped its stake in Procter & Gamble Co (NYSE:PG) by 4,832 shares to 18,296 shares, valued at $1.68 million in 2017Q4, according to the filing. It also increased its holding in Fidelity Total Bond Etf by 227,122 shares in the quarter, for a total of 265,921 shares, and has risen its stake in Novartis Adr (NYSE:NVS).

Radian Group Inc. (NYSE:RDN) Institutional Positions Chart

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