Stock News

Medtronic Plc Shs Isin#Ie00btn1y115 (MDT) Shares Declined While Blackhill Capital Upped Its Holding; Renaissance Group Decreased Its Holding in Adobe Systems (ADBE) by $6.65 Million

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

Blackhill Capital Inc increased its stake in Medtronic Plc Shs Isin#Ie00btn1y115 (MDT) by 22.74% based on its latest 2017Q4 regulatory filing with the SEC. Blackhill Capital Inc bought 5,440 shares as the company’s stock declined 4.15% with the market. The institutional investor held 29,360 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $2.37M, up from 23,920 at the end of the previous reported quarter. Blackhill Capital Inc who had been investing in Medtronic Plc Shs Isin#Ie00btn1y115 for a number of months, seems to be bullish on the $115.41 billion market cap company. The stock decreased 0.47% or $0.4 during the last trading session, reaching $85.15. About 120,527 shares traded. Medtronic plc (NYSE:MDT) has declined 3.54% since May 17, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Renaissance Group Llc decreased its stake in Adobe Systems Inc (ADBE) by 17.69% based on its latest 2017Q4 regulatory filing with the SEC. Renaissance Group Llc sold 37,981 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 176,771 shares of the prepackaged software company at the end of 2017Q4, valued at $30.98M, down from 214,752 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Adobe Systems Inc for a number of months, seems to be less bullish one the $116.93 billion market cap company. The stock increased 0.02% or $0.05 during the last trading session, reaching $237.44. About 67,153 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 17, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Among 29 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Medtronic had 83 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 23 by Needham. The rating was initiated by Piper Jaffray on Friday, April 27 with “Buy”. The firm earned “Equal-Weight” rating on Thursday, March 29 by Morgan Stanley. On Tuesday, September 26 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Buy” rating on Thursday, March 17 by Nomura. Deutsche Bank maintained the stock with “Buy” rating in Thursday, June 2 report. On Wednesday, August 23 the stock rating was maintained by Northland Capital with “Hold”. The firm earned “Buy” rating on Tuesday, July 18 by Needham. The stock of Medtronic plc (NYSE:MDT) earned “Outperform” rating by BMO Capital Markets on Wednesday, November 23. RBC Capital Markets maintained the shares of MDT in report on Sunday, August 20 with “Buy” rating.

More notable recent Medtronic plc (NYSE:MDT) news were published by: Investingnews.com which released: “Medtronic Begins US Study of Drug-Eluting Stents to Evaluate Treatment of Bifurcation Lesions in Patients with …” on May 16, 2018, also Seekingalpha.com with their article: “Medtronic Should Focus On Aggressive Deleveraging” published on May 15, 2018, Streetinsider.com published: “Medtronic (MDT) Highlights New Analysis Showing Cardiac Resynchronization Therapy Feature Associated with …” on May 15, 2018. More interesting news about Medtronic plc (NYSE:MDT) were released by: Globenewswire.com and their article: “Medtronic Announces New Paid Family Care Leave Benefits” published on May 01, 2018 as well as Streetinsider.com‘s news article titled: “Medtronic (MDT) Launches US Study of Drug-Eluting Stents to Evaluate Treatment of Bifurcation Lesions in Patients …” with publication date: May 16, 2018.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.10, from 1.12 in 2017Q3. It dropped, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds opened positions while 393 raised stakes. 1.04 billion shares or 2.98% less from 1.07 billion shares in 2017Q3 were reported. Evergreen Mngmt Limited Liability Corporation invested in 38,228 shares. State Of Alaska Department Of Revenue invested in 0.25% or 127,593 shares. 433,769 were reported by Gulf International Commercial Bank (Uk). Condor Cap Mgmt holds 0.28% of its portfolio in Medtronic plc (NYSE:MDT) for 17,008 shares. Moody Bank Tru Division invested 0.02% of its portfolio in Medtronic plc (NYSE:MDT). Middleton Ma has invested 0.08% of its portfolio in Medtronic plc (NYSE:MDT). Moreover, Roffman Miller Associate Pa has 2.42% invested in Medtronic plc (NYSE:MDT). Roberts Glore Company Il holds 0.35% or 7,153 shares in its portfolio. Ahl Llp invested 0.2% of its portfolio in Medtronic plc (NYSE:MDT). Foyston Gordon & Payne reported 473,783 shares stake. Fund Evaluation Group Limited Liability Co holds 0.35% in Medtronic plc (NYSE:MDT) or 40,235 shares. Covington Capital Mgmt has 19,020 shares. Moreover, Portfolio Solutions Ltd Limited Liability Company has 0.01% invested in Medtronic plc (NYSE:MDT) for 1,338 shares. Jnba Fincl Advsr invested in 45,547 shares. The Hong Kong-based Point72 Asia (Hong Kong) Ltd has invested 0.14% in Medtronic plc (NYSE:MDT).

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. Stephens maintained it with “Buy” rating and $270.0 target in Friday, March 16 report. The rating was maintained by Credit Suisse with “Outperform” on Friday, March 16. The firm has “Neutral” rating given on Wednesday, September 21 by Goldman Sachs. Credit Suisse maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, September 21. Credit Suisse has “Neutral” rating and $105 target. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, December 11 report. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Friday, March 16 by Canaccord Genuity. The company was maintained on Friday, March 16 by JP Morgan. The firm has “Hold” rating by Credit Suisse given on Friday, September 15. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, October 2. The firm earned “Buy” rating on Sunday, July 30 by RBC Capital Markets.

Since December 13, 2017, it had 1 insider buy, and 16 selling transactions for $87.08 million activity. Another trade for 1,125 shares valued at $199,520 was made by Banse Amy on Monday, December 18. LAMKIN BRYAN sold $5.97M worth of stock or 30,000 shares. $680,503 worth of stock was sold by Lewnes Ann on Wednesday, April 18. 18,079 shares valued at $3.51 million were sold by DILLON MICHAEL A on Monday, February 5. $3.97M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by GESCHKE CHARLES M on Wednesday, January 10. WARNOCK JOHN E had sold 3,000 shares worth $671,316 on Wednesday, April 11.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It fall, 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. 355,347 are held by Kbc Group Nv. Kames Capital Pcl reported 0.4% in Adobe Systems Incorporated (NASDAQ:ADBE). Meridian Investment Counsel stated it has 7,705 shares or 0.74% of all its holdings. Hbk Invs Lp holds 12,300 shares or 0.02% of its portfolio. Oregon Public Employees Retirement Fund reported 138,505 shares or 0.33% of all its holdings. 1832 Asset Mgmt LP holds 17,691 shares. Japan-based Fukoku Mutual Life Insurance has invested 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE). Alabama-based Warren Averett Asset Management Ltd has invested 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Bryn Mawr Com accumulated 1,682 shares. Hhr Asset Mgmt Limited Liability Corp stated it has 424,318 shares or 4.15% of all its holdings. California State Teachers Retirement System stated it has 0.29% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Pictet Asset Management Ltd holds 0.12% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 265,871 shares. Clarivest Asset Mgmt Llc invested in 248,301 shares. Rhumbline Advisers owns 0.3% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 854,159 shares. Asset Management has 6,608 shares.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Seekingalpha.com which released: “DocuSign raises IPO price range” on April 25, 2018, also Nasdaq.com with their article: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” published on May 10, 2018, Benzinga.com published: “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” on May 16, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Fool.com and their article: “Should You Buy DocuSign After its Post-IPO Surge?” published on May 17, 2018 as well as Investorplace.com‘s news article titled: “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *