As Adobe Sys (ADBE) Shares Rose, Shareholder Weatherly Asset Management Has Cut Its Stake; Nli International Lifted Its Mcdonalds (MCD) Stake

May 25, 2018 - By Adrian Mccoy

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

Weatherly Asset Management decreased its stake in Adobe Sys Inc (ADBE) by 5.44% based on its latest 2017Q4 regulatory filing with the SEC. Weatherly Asset Management sold 2,778 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 48,308 shares of the prepackaged software company at the end of 2017Q4, valued at $8.47 million, down from 51,086 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $120.73B market cap company. The stock increased 0.51% or $1.24 during the last trading session, reaching $245.15. About 2.50 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 25, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Nli International Inc increased its stake in Mcdonalds Corp (MCD) by 7.39% based on its latest 2017Q4 regulatory filing with the SEC. Nli International Inc bought 7,490 shares as the company’s stock declined 8.13% with the market. The institutional investor held 108,910 shares of the restaurants company at the end of 2017Q4, valued at $18.75 million, up from 101,420 at the end of the previous reported quarter. Nli International Inc who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $127.51B market cap company. The stock increased 0.48% or $0.77 during the last trading session, reaching $162.39. About 3.38M shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since May 25, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Since December 13, 2017, it had 1 insider purchase, and 17 sales for $87.77 million activity. THOMPSON MATTHEW had sold 50,775 shares worth $10.16 million on Friday, January 26. Lewnes Ann sold $658,148 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, March 22. Shares for $3.97 million were sold by GESCHKE CHARLES M. Banse Amy bought $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Monday, December 18. WARNOCK JOHN E sold $1.12M worth of stock or 5,000 shares. NARAYEN SHANTANU had sold 165,023 shares worth $32.66 million on Wednesday, January 24.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 158 analyst reports since August 11, 2015 according to SRatingsIntel. Credit Suisse downgraded Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, September 15. Credit Suisse has “Hold” rating and $160.0 target. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Neutral” rating given on Wednesday, January 6 by Credit Suisse. The stock has “Buy” rating by Rosenblatt on Wednesday, June 22. As per Tuesday, September 8, the company rating was upgraded by Vetr. Stephens maintained the stock with “Buy” rating in Tuesday, January 2 report. On Wednesday, August 10 the stock rating was initiated by Stephens with “Overweight”. As per Tuesday, March 20, the company rating was upgraded by DZ Bank. The firm has “Outperform” rating given on Friday, March 18 by Bernstein. On Wednesday, June 22 the stock rating was maintained by UBS with “Buy”. On Tuesday, August 25 the stock rating was upgraded by Robert W. Baird to “Neutral”.

Investors sentiment decreased to 0.89 in 2017 Q4. 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. Ativo Capital Mgmt Ltd Llc stated it has 0.44% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Birch Hill Advsr Ltd Llc invested 0.03% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Ubs Asset Americas invested 0.46% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Fifth Third Bancorp holds 36,337 shares or 0.04% of its portfolio. Tradition Management Ltd Liability reported 0.14% in Adobe Systems Incorporated (NASDAQ:ADBE). 150 are owned by Tortoise Invest Management Ltd. Zacks Inv Mgmt has 26,635 shares for 0.1% of their portfolio. Nichols Pratt Advisers Ltd Liability Partnership Ma has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Zwj Counsel has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Penobscot Inv Mngmt Inc invested in 0.46% or 9,395 shares. Washington National Bank & Trust has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Acg Wealth has invested 0.82% in Adobe Systems Incorporated (NASDAQ:ADBE). Guardian Life Of America stated it has 1,597 shares or 0.06% of all its holdings. Bluestein R H And has 0.01% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 1,150 shares. Advisor Ptnrs Limited holds 0.3% or 8,708 shares in its portfolio.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on June, 19. They expect $1.25 EPS, up 54.32% or $0.44 from last year’s $0.81 per share. ADBE’s profit will be $615.59M for 49.03 P/E if the $1.25 EPS becomes a reality. After $1.28 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Streetinsider.com which released: “Adobe Systems (ADBE) to Acquire Magento Commerce for $1.68 Billion” on May 21, 2018, also Nasdaq.com with their article: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” published on May 10, 2018, Streetinsider.com published: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: “Adobe Systems: Diverging Paths” published on May 22, 2018 as well as Streetinsider.com‘s news article titled: “After-Hours Stock Movers 05/21: (NBRV) (MU) (ADBE) Higher; (LBY) (ARDX) (PSTG) Lower (more…)” with publication date: May 21, 2018.

Weatherly Asset Management, which manages about $440.23M and $413.70 million US Long portfolio, upped its stake in Ishares Tr (ITOT) by 7,357 shares to 73,216 shares, valued at $4.48 million in 2017Q4, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 8,536 shares in the quarter, for a total of 77,465 shares, and has risen its stake in Claymore Exchange Trd Fd (CGW).

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Globenewswire.com which released: “McDonald’s Restaurants Expect to Hire 2000 in Iowa this Summer” on May 17, 2018, also Seekingalpha.com with their article: “McDonald’s Beats Earnings, But What’s Next?” published on May 02, 2018, Seekingalpha.com published: “McDonald’s updates on fresh beef campaign” on May 24, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s Corporation Dividend Stock Analysis” published on May 22, 2018 as well as 247Wallst.com‘s news article titled: “Why Everyone Is Eating Up McDonald’s Earnings” with publication date: April 30, 2018.

Nli International Inc, which manages about $9.21 billion and $1.25B US Long portfolio, decreased its stake in Adobe Sys Inc (NASDAQ:ADBE) by 8,490 shares to 142,150 shares, valued at $24.91M in 2017Q4, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 2,670 shares in the quarter, leaving it with 29,660 shares, and cut its stake in Mondelez Intl Inc (NASDAQ:MDLZ).

Investors sentiment increased to 0.88 in Q4 2017. Its up 0.11, from 0.77 in 2017Q3. It is positive, as 54 investors sold MCD shares while 601 reduced holdings. 125 funds opened positions while 451 raised stakes. 518.42 million shares or 0.36% less from 520.27 million shares in 2017Q3 were reported. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems holds 71,307 shares or 0.17% of its portfolio. Cheviot Value Limited Liability Corporation holds 2.44% or 27,406 shares. Massachusetts Service Ma accumulated 91,060 shares. Marathon Asset Management Llp stated it has 645,488 shares. Td Mgmt Limited Liability Co reported 56 shares. Hbk Sorce Advisory Lc owns 0.23% invested in McDonald's Corporation (NYSE:MCD) for 11,364 shares. Avalon holds 1% or 188,682 shares. Capstone Investment Advisors reported 192,000 shares. Novare Limited Com has 0.85% invested in McDonald's Corporation (NYSE:MCD) for 29,164 shares. Hilton Capital Lc accumulated 83,543 shares. Panagora Asset Mgmt reported 344,393 shares stake. Alta Mngmt Ltd Liability Company holds 0.11% or 10,237 shares in its portfolio. Welch & Forbes Ltd Liability, Massachusetts-based fund reported 333,756 shares. Old Mutual Customised Solutions (Proprietary) stated it has 46,605 shares or 0.82% of all its holdings. Eaton Vance Mngmt holds 476,095 shares or 0.2% of its portfolio.

Since January 31, 2018, it had 0 insider buys, and 4 insider sales for $11.52 million activity. 1,398 McDonald's Corporation (NYSE:MCD) shares with value of $238,415 were sold by Hoovel Catherine A.. Another trade for 18,636 shares valued at $3.09 million was sold by OZAN KEVIN M.

Among 36 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. McDonald’s Corporation had 153 analyst reports since September 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Wells Fargo on Monday, October 9. On Monday, April 25 the stock rating was maintained by Cowen & Co with “Market Perform”. Cowen & Co maintained the shares of MCD in report on Friday, December 1 with “Buy” rating. Nomura upgraded the shares of MCD in report on Monday, December 5 to “Buy” rating. The rating was upgraded by Longbow on Thursday, September 28 to “Buy”. The stock of McDonald's Corporation (NYSE:MCD) has “Overweight” rating given on Wednesday, November 11 by Barclays Capital. On Tuesday, January 26 the stock rating was maintained by Jefferies with “Hold”. Barclays Capital maintained McDonald's Corporation (NYSE:MCD) on Wednesday, October 18 with “Overweight” rating. The firm has “Outperform” rating by Telsey Advisory Group given on Thursday, June 1. Canaccord Genuity maintained it with “Hold” rating and $17000 target in Tuesday, July 25 report.

McDonald's Corporation (NYSE:MCD) Institutional Positions Chart

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