Newbrook Capital Advisors LP Maintains Position in Adobe Sys (ADBE); Fortuna Silver Mines (FSM) Stock Value Rose While Bluefin Trading Trimmed Position

April 21, 2018 - By Michael Collier

Fortuna Silver Mines Inc. (NYSE:FSM) Logo

Robert Boucai increased its stake in Adobe Sys Inc (ADBE) by 36.98% based on its latest 2017Q4 regulatory filing with the SEC. Newbrook Capital Advisors Lp bought 99,617 shares as the company’s stock rose 22.17% while stock markets declined. The hedge fund run by Robert Boucai held 369,000 shares of the prepackaged software company at the end of 2017Q4, valued at $64.66 million, up from 269,383 at the end of the previous reported quarter. Newbrook Capital Advisors Lp who had been investing in Adobe Sys Inc 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 2.09M 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.

Scott Burney decreased its stake in Fortuna Silver Mines Inc (FSM) by 44.55% based on its latest 2017Q4 regulatory filing with the SEC. Bluefin Trading Llc sold 124,006 shares as the company’s stock rose 1.15% while stock markets declined. The hedge fund run by Scott Burney held 154,354 shares of the precious metals company at the end of 2017Q4, valued at $806,000, down from 278,360 at the end of the previous reported quarter. Bluefin Trading Llc who had been investing in Fortuna Silver Mines Inc for a number of months, seems to be less bullish one the $906.64 million market cap company. The stock decreased 0.17% or $0.01 during the last trading session, reaching $5.93. About 841,944 shares traded. Fortuna Silver Mines Inc. (NYSE:FSM) has risen 3.72% since April 21, 2017 and is uptrending. It has underperformed by 7.83% the S&P500.

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 company was maintained on Wednesday, September 21 by UBS. As per Thursday, January 14, the company rating was initiated by Dougherty & Company. The firm has “Hold” rating given on Friday, June 16 by Morgan Stanley. Goldman Sachs maintained the stock with “Neutral” rating in Wednesday, March 9 report. Stephens maintained the stock with “Buy” rating in Tuesday, January 2 report. The rating was maintained by Robert W. Baird on Friday, December 15 with “Buy”. The company was maintained on Tuesday, June 20 by Canaccord Genuity. The company was maintained on Thursday, October 19 by Cowen & Co. The firm has “Buy” rating by Canaccord Genuity given on Thursday, March 31. The rating was maintained by KeyBanc Capital Markets on Thursday, August 24 with “Buy”.

Newbrook Capital Advisors Lp, which manages about $2.18 billion and $1.48B US Long portfolio, decreased its stake in Mohawk Inds Inc (NYSE:MHK) by 38,233 shares to 139,643 shares, valued at $38.53M in 2017Q4, according to the filing. It also reduced its holding in Yandex N V (NASDAQ:YNDX) by 825,140 shares in the quarter, leaving it with 3.20M shares, and cut its stake in Stamps Com Inc (NASDAQ:STMP).

Since October 23, 2017, it had 1 insider purchase, and 15 sales for $83.49 million activity. $1.26 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by DILLON MICHAEL A. $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by THOMPSON MATTHEW. Shares for $5.97 million were sold by LAMKIN BRYAN. Rencher Bradley sold $3.63 million worth of stock. $32.66 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by NARAYEN SHANTANU. Lewnes Ann also sold $658,148 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It dropped, 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. Ibm Retirement Fund accumulated 12,154 shares. Jaffetilchin Invest Partners Limited reported 0.15% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Bnp Paribas Arbitrage reported 0.12% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The California-based Bender Robert & has invested 2.26% in Adobe Systems Incorporated (NASDAQ:ADBE). Dnb Asset As holds 0.11% or 53,745 shares. Hightower Advisors Ltd Liability Corporation reported 93,491 shares. Pointstate Cap LP stated it has 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Credit Suisse Ag holds 0.15% or 913,360 shares. Oppenheimer Asset has 0.32% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Atria Limited Liability Corporation holds 9,809 shares or 0.09% of its portfolio. Icon Advisers Inc reported 103,791 shares or 1.26% of all its holdings. Integral Derivatives Ltd Llc holds 4,420 shares. Zacks Inv accumulated 26,635 shares. Nippon Life Glob Invsts Americas Incorporated has invested 1.99% in Adobe Systems Incorporated (NASDAQ:ADBE). Thompson Davis & accumulated 125 shares or 0.05% of the stock.

Among 4 analysts covering Fortuna Silver Mines Inc. (NYSE:FSM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Fortuna Silver Mines Inc. had 9 analyst reports since February 16, 2016 according to SRatingsIntel. The company was maintained on Wednesday, April 19 by Scotia Capital. The firm earned “Buy” rating on Tuesday, October 25 by Canaccord Genuity. On Friday, November 17 the stock rating was initiated by BMO Capital Markets with “Outperform”. The stock of Fortuna Silver Mines Inc. (NYSE:FSM) has “Buy” rating given on Thursday, September 7 by Canaccord Genuity. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, May 12. The firm earned “Hold” rating on Tuesday, February 16 by Canaccord Genuity. The firm has “Outperform” rating by BMO Capital Markets given on Friday, March 31. The stock of Fortuna Silver Mines Inc. (NYSE:FSM) earned “Outperform” rating by Raymond James on Monday, March 14. Raymond James downgraded Fortuna Silver Mines Inc. (NYSE:FSM) on Tuesday, November 21 to “Outperform” rating.

Investors sentiment decreased to 1.18 in Q4 2017. Its down 0.24, from 1.42 in 2017Q3. It turned negative, as 13 investors sold FSM shares while 26 reduced holdings. 20 funds opened positions while 26 raised stakes. 66.36 million shares or 9.81% more from 60.43 million shares in 2017Q3 were reported. Glob X Mgmt Ltd Liability owns 2.15M shares or 0.26% of their US portfolio. Great West Life Assurance Can holds 28,322 shares. Moreover, Toronto Dominion Comml Bank has 0% invested in Fortuna Silver Mines Inc. (NYSE:FSM). Mason Hill Advsrs accumulated 20.87% or 4.20 million shares. 154,354 were accumulated by Bluefin Trading Ltd Llc. 42 are held by Tower Rech Capital Ltd Liability Co (Trc). Scotia Cap stated it has 0% of its portfolio in Fortuna Silver Mines Inc. (NYSE:FSM). Ubs Asset Management Americas reported 53,494 shares. Creative Planning holds 0% or 19,781 shares. Stratos Wealth Prtnrs Limited owns 0% invested in Fortuna Silver Mines Inc. (NYSE:FSM) for 100 shares. Renaissance Techs Limited accumulated 454,800 shares. Td Asset Management invested in 1.83M shares. Pcj Inv Counsel Ltd reported 0.06% in Fortuna Silver Mines Inc. (NYSE:FSM). Gabelli Funds reported 0.05% of its portfolio in Fortuna Silver Mines Inc. (NYSE:FSM). Cibc Asset Inc holds 876,551 shares.

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