Adobe Systems Com (ADBE) Holder Gabelli Funds Has Boosted Holding by $2.68 Million; Stadion Money Management Has Boosted Its General Electric Co (GE) Position by $315,696

January 14, 2018 - By Darrin Black

Stadion Money Management Llc increased its stake in General Electric Co (GE) by 20.34% based on its latest 2017Q3 regulatory filing with the SEC. Stadion Money Management Llc bought 13,154 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 77,831 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.88 million, up from 64,677 at the end of the previous reported quarter. Stadion Money Management Llc who had been investing in General Electric Co for a number of months, seems to be bullish on the $162.69 billion market cap company. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. About 87.08M shares traded or 6.24% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 14, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Gabelli Funds Llc increased its stake in Adobe Systems Inc Com (ADBE) by 14.37% based on its latest 2017Q3 regulatory filing with the SEC. Gabelli Funds Llc bought 18,000 shares as the company’s stock rose 14.01% with the market. The institutional investor held 143,300 shares of the prepackaged software company at the end of 2017Q3, valued at $21.38M, up from 125,300 at the end of the previous reported quarter. Gabelli Funds Llc who had been investing in Adobe Systems Inc Com for a number of months, seems to be bullish on the $96.15 billion market cap company. The stock increased 3.24% or $6.13 during the last trading session, reaching $195.05. About 4.25 million shares traded or 46.48% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 14, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

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. The company was maintained on Friday, October 2 by RBC Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, September 20 report. The firm has “Buy” rating given on Thursday, June 8 by BMO Capital Markets. On Wednesday, September 20 the stock rating was maintained by Piper Jaffray with “Buy”. The company was maintained on Friday, December 11 by JP Morgan. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Piper Jaffray on Friday, December 15. On Wednesday, September 21 the stock rating was maintained by Pivotal Research with “Buy”. The stock has “Hold” rating by J.P. Morgan on Tuesday, December 12. The firm has “Buy” rating given on Wednesday, June 21 by KeyBanc Capital Markets. The firm has “Outperform” rating by Bernstein given on Friday, March 18.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It increased, 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. Cetera Advisors Ltd Liability Corporation invested in 1,515 shares or 0.01% of the stock. 1St Source Bancorp has 1,844 shares for 0.02% of their portfolio. Martingale Asset Management Lp owns 315,453 shares. Da Davidson And Co holds 21,276 shares or 0.06% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested in 4,529 shares. Cornerstone Advsr holds 0.13% or 1,237 shares in its portfolio. Veritable Lp reported 24,383 shares stake. Japan-based Daiwa Secs Gru has invested 0.03% in Adobe Systems Incorporated (NASDAQ:ADBE). New York-based Neuberger Berman Gru Limited Liability Company has invested 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Portolan Capital Management Ltd accumulated 17,117 shares. Private Trust Communication Na invested in 5,000 shares or 0.16% of the stock. 421,814 were reported by Pension Service. Fmr Lc has invested 0.65% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Rathbone Brothers Public Ltd, a United Kingdom-based fund reported 231,670 shares. Northstar Asset Limited Liability Com owns 1.16% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 17,700 shares.

Since August 9, 2017, it had 1 buy, and 7 selling transactions for $6.56 million activity. $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by THOMPSON MATTHEW on Monday, October 23. Lewnes Ann sold $297,032 worth of stock. Shares for $1.18M were sold by WARNOCK JOHN E. $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was bought by Banse Amy.

Gabelli Funds Llc, which manages about $25.90B and $17.46 billion US Long portfolio, decreased its stake in Kinder Morgan Inc Del Com (NYSE:KMI) by 80,000 shares to 1.04M shares, valued at $19.92M in 2017Q3, according to the filing. It also reduced its holding in Alliance Bernstein Hldgs Lp Un (NYSE:AB) by 44,000 shares in the quarter, leaving it with 307,000 shares, and cut its stake in Visteon Corp Com New (NYSE:VC).

Stadion Money Management Llc, which manages about $6.01 billion and $3.09 billion US Long portfolio, decreased its stake in Spdr Index Shs Fds (QEMM) by 17,109 shares to 323,701 shares, valued at $19.78 million in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr (LQD) by 157,154 shares in the quarter, leaving it with 297,228 shares, and cut its stake in Spdr S&P Midcap 400 Etf Tr (MDY).

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Usca Ria Llc holds 0.64% or 182,974 shares. Old Second National Bank Of Aurora holds 1.27% in General Electric Company (NYSE:GE) or 126,462 shares. Bokf Na owns 0.74% invested in General Electric Company (NYSE:GE) for 1.05M shares. Davenport Communications Ltd Com has 1.25% invested in General Electric Company (NYSE:GE). Lau Assocs Ltd Com owns 1.39% invested in General Electric Company (NYSE:GE) for 73,814 shares. Moreover, Ashfield Capital Prtn Llc has 0.96% invested in General Electric Company (NYSE:GE). Wealthtrust Fairport Ltd Co owns 89,066 shares. Washington Trust Comml Bank reported 0.95% stake. Winfield Incorporated holds 0.06% or 4,434 shares. Old West Investment Mngmt Limited Co owns 32,074 shares or 0.41% of their US portfolio. Salient Trust Lta holds 1.7% or 585,683 shares in its portfolio. Fiduciary invested 1.23% of its portfolio in General Electric Company (NYSE:GE). City Hldg accumulated 147,590 shares. Quantum Cap Mngmt holds 0.23% or 40,611 shares in its portfolio. Zacks Inv stated it has 1.08% of its portfolio in General Electric Company (NYSE:GE).

Since August 8, 2017, it had 2 buys, and 1 insider sale for $4.48 million activity. TISCH JAMES S bought 100,000 shares worth $2.46 million. Shares for $2.66M were bought by Flannery John Leonard on Tuesday, August 8.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Hold” on Monday, July 17. The firm has “Hold” rating given on Thursday, January 4 by Tigress Financial. The firm earned “Buy” rating on Monday, October 19 by Stifel Nicolaus. Oppenheimer downgraded the shares of GE in report on Tuesday, October 24 to “Underperform” rating. The stock has “Market Perform” rating by Bernstein on Monday, April 4. The firm has “Buy” rating given on Monday, October 23 by Bank of America. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, October 11. The stock of General Electric Company (NYSE:GE) has “Outperform” rating given on Monday, November 23 by Credit Suisse. Deutsche Bank maintained General Electric Company (NYSE:GE) rating on Tuesday, August 25. Deutsche Bank has “Hold” rating and $29 target. The firm has “Buy” rating given on Friday, September 15 by RBC Capital Markets.

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