As Adobe Sys (ADBE) Valuation Rose, Shareholder Pennsylvania Trust Co Has Lowered Position by $353,279; Scoria Capital Partners LP Position in Exelon (EXC) Cut by $665,889

February 15, 2018 - By Stephen Andrade

Scoria Capital Partners Lp decreased its stake in Exelon Corp (EXC) by 31.03% based on its latest 2017Q3 regulatory filing with the SEC. Scoria Capital Partners Lp sold 17,997 shares as the company’s stock declined 1.46% while stock markets rallied. The institutional investor held 40,000 shares of the power generation company at the end of 2017Q3, valued at $1.51M, down from 57,997 at the end of the previous reported quarter. Scoria Capital Partners Lp who had been investing in Exelon Corp for a number of months, seems to be less bullish one the $35.89 billion market cap company. The stock increased 2.06% or $0.755 during the last trading session, reaching $37.355. About 3.45M shares traded. Exelon Corporation (NYSE:EXC) has risen 2.57% since February 15, 2017 and is uptrending. It has underperformed by 14.13% the S&P500.

Pennsylvania Trust Co decreased its stake in Adobe Sys Inc (ADBE) by 2.74% based on its latest 2017Q3 regulatory filing with the SEC. Pennsylvania Trust Co sold 2,371 shares as the company’s stock rose 14.01% with the market. The institutional investor held 84,015 shares of the prepackaged software company at the end of 2017Q3, valued at $12.53M, down from 86,386 at the end of the previous reported quarter. Pennsylvania Trust Co who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $99.53 billion market cap company. The stock increased 2.71% or $5.34 during the last trading session, reaching $202.47. About 1.40M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 15, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.09, from 1.14 in 2017Q2. It worsened, as 48 investors sold EXC shares while 239 reduced holdings. 63 funds opened positions while 237 raised stakes. 726.69 million shares or 0.50% more from 723.10 million shares in 2017Q2 were reported. 209,540 were accumulated by Busey Tru. Omers Administration, Ontario – Canada-based fund reported 61,200 shares. Chevy Chase Tru accumulated 842,019 shares. Assetmark has invested 0% in Exelon Corporation (NYSE:EXC). Baillie Gifford And reported 0.02% of its portfolio in Exelon Corporation (NYSE:EXC). Prelude Cap Mngmt Lc holds 0.02% of its portfolio in Exelon Corporation (NYSE:EXC) for 5,049 shares. Weiss Multi stated it has 466,457 shares. Davenport & Co Ltd Liability Corporation invested in 6,819 shares. Fmr holds 0.25% or 54.11 million shares in its portfolio. Legal General Grp Public Ltd Com holds 5.61 million shares or 0.16% of its portfolio. Van Hulzen Asset Mngmt Lc accumulated 0.07% or 5,600 shares. Da Davidson And Co holds 22,805 shares. New York State Teachers Retirement holds 1.72M shares. Parametric Portfolio Associates Ltd Liability Company reported 3.56 million shares or 0.15% of all its holdings. First National Bank & Trust And Of Newtown holds 0.14% or 13,170 shares in its portfolio.

Scoria Capital Partners Lp, which manages about $466.06 million and $89.07 million US Long portfolio, upped its stake in Cme Group Inc (NASDAQ:CME) by 6,746 shares to 22,900 shares, valued at $3.11M in 2017Q3, according to the filing.

Among 21 analysts covering Exelon Corporation (NYSE:EXC), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. Exelon Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, April 5. Deutsche Bank downgraded Exelon Corporation (NYSE:EXC) on Monday, April 18 to “Hold” rating. The rating was maintained by Morgan Stanley on Thursday, February 8 with “Equal-Weight”. Barclays Capital maintained it with “Overweight” rating and $39 target in Wednesday, August 31 report. The firm has “Neutral” rating by UBS given on Wednesday, August 26. SunTrust maintained it with “Buy” rating and $42.0 target in Monday, February 5 report. The firm has “Buy” rating by Jefferies given on Friday, April 21. RBC Capital Markets maintained it with “Buy” rating and $43.0 target in Sunday, November 5 report. As per Monday, March 7, the company rating was upgraded by Argus Research. The firm has “Equal-Weight” rating given on Wednesday, December 13 by Morgan Stanley.

Since September 11, 2017, it had 0 buys, and 3 insider sales for $24.20 million activity. Another trade for 13,333 shares valued at $510,787 was made by Aliabadi Paymon on Monday, September 11. Shares for $936,000 were sold by Cornew Kenneth W. on Monday, September 25.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It is positive, 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. Atria Invests Ltd reported 0.05% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). National Bank Of The West holds 0.09% in Adobe Systems Incorporated (NASDAQ:ADBE) or 4,893 shares. Sei Investments accumulated 862,569 shares. Gofen & Glossberg Ltd Il holds 0.14% or 25,776 shares in its portfolio. Metropolitan Life Insur New York reported 255,271 shares or 0.24% of all its holdings. Missouri-based Counselors has invested 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE). Moody Bancorp Tru Division invested in 0.05% or 7,381 shares. Parkside Fin National Bank & Trust Trust reported 900 shares. 1,650 were reported by Ipswich Inv Management. Efg Asset Mngmt (Americas) has invested 1.54% in Adobe Systems Incorporated (NASDAQ:ADBE). Federated Pa holds 0.06% or 139,847 shares. 9,261 are held by Green Square Cap Ltd Liability. Ameriprise holds 0.39% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 5.54 million shares. Intrust Financial Bank Na has 7,618 shares. Millennium Mgmt Ltd Limited Liability Company accumulated 781,916 shares.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 140 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Credit Suisse on Thursday, October 19. The firm has “Buy” rating given on Friday, December 11 by Pivotal Research. As per Friday, March 18, the company rating was maintained by Citigroup. Guggenheim maintained the stock with “Buy” rating in Wednesday, January 10 report. The stock has “Hold” rating by Deutsche Bank on Monday, October 16. The stock has “Buy” rating by RBC Capital Markets on Sunday, September 3. Rosenblatt maintained the shares of ADBE in report on Wednesday, June 22 with “Buy” rating. The firm earned “Buy” rating on Wednesday, March 23 by Deutsche Bank. The company was maintained on Thursday, October 19 by Canaccord Genuity. Argus Research maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, October 25 with “Buy” rating.

Pennsylvania Trust Co, which manages about $2.07B US Long portfolio, upped its stake in Phillips 66 (NYSE:PSX) by 34,044 shares to 82,738 shares, valued at $7.59M in 2017Q3, according to the filing. It also increased its holding in Azz Inc (NYSE:AZZ) by 8,535 shares in the quarter, for a total of 48,300 shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 earnings per share, up 35.90% or $0.28 from last year’s $0.78 per share. ADBE’s profit will be $521.07 million for 47.75 P/E if the $1.06 EPS becomes a reality. After $1.05 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth.

Since September 13, 2017, it had 1 insider purchase, and 14 insider sales for $79.49 million activity. On Monday, December 18 the insider Banse Amy bought $199,520. 30,000 shares valued at $5.97M were sold by LAMKIN BRYAN on Wednesday, January 31. 6,376 shares were sold by DILLON MICHAEL A, worth $1.26M. $10.21 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by GARRETT MARK. Rencher Bradley had sold 18,410 shares worth $3.63M. $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by THOMPSON MATTHEW on Monday, October 23.

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