Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 1.58, indicating analysts in general look favorably on the company's future prospects. Modera Wealth Management Llc who had been investing in Amgen Inc. for a number of months, seems to be bullish on the $129.49B market cap company.
The stock increased 2.93% or $0.0189 during the last trading session, reaching $0.6638.
Westwood Management Corp, which manages about $655.18M and $668.69M US Long portfolio, upped its stake in Teladoc Inc.by 45,000 shares to 75,000 shares, valued at $2.49M in 2017Q3, according to the filing. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since February 14, 2017 and is uptrending.
Adobe Systems Incorporated (NASDAQ:ADBE) ended its day at 197.13 with the rising stream of 1.89% and its total traded volume was 2.49 million shares less than the average volume. Acrospire Investment Management LLC now owns 1,000 shares of the software company's stock worth $141,000 after purchasing an additional 500 shares during the last quarter. Triangle Securities Wealth Management who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $99.18B market cap company. The stock ended last trade at 19.58 a share and the price is up more than 4.71% so far this year. About 392,620 shares traded.
Chemung Canal Trust Co. decreased its position in shares of Adobe Systems Incorporated (NASDAQ:ADBE) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. It has outperformed by 25.59% the S&P500.
Investors sentiment decreased to 1.21 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It turned negative, as 40 investors sold COHR shares while 113 reduced holdings. 80 funds opened positions while 247 raised stakes. 3,365 are owned by Spectrum Asset Mngmt Incorporated (Nb Ca). Crestwood Management Lp invested in 5.75% or 72,090 shares. Signaturefd Limited Liability, Georgia-based fund reported 1,421 shares. Bnp Paribas Arbitrage Sa stated it has 3.03% in Apple Inc. Bb&T Secs holds 18,252 shares. The company maintains price to book ratio of 1.17 vs.an industry average at 3.19. Boys Arnold And accumulated 101,980 shares or 2.5% of the stock. Midas holds 24,100 shares. Citigroup maintained the shares of SHW in report on Wednesday, October 25 with "Buy" rating. Lsv Asset Management has invested 0.62% of its portfolio in SunTrust Banks, Inc. (NASDAQ:AAPL). Budros Ruhlin And Roe reported 42,188 shares stake. Bailard accumulated 7,407 shares. Exane Derivatives now owns 958 shares of the software company's stock worth $143,000 after purchasing an additional 340 shares during the last quarter.
Among 25 analysts covering Amgen Inc. Therefore 44% are positive. The rating was maintained by Susquehanna with "Buy" on Thursday, February 8. On Wednesday, March 9 the stock rating was maintained by Goldman Sachs with "Neutral". The firm's stock has a market capitalization of $95.47 bln. PiperJaffray maintained Amgen Inc. (NASDAQ:AAPL) rating on Monday, October 23. The stock of Apple Inc. The firm has "Buy" rating by Cowen & Co given on Thursday, July 27. S&P Research maintained it with "Hold" rating and $150 target in Friday, September 11 report. The company presently has a consensus rating of "Buy" and a consensus target price of $198.15. The firm has "Mkt Perform" rating given on Friday, December 11 by FBR Capital. (NASDAQ:COHR) rating on Friday, January 29.
Since August 15, 2017, it had 0 insider purchases, and 7 selling transactions for $70.47 million activity. LAMKIN BRYAN had sold 30,000 shares worth $5.97 million on Wednesday, January 31. $1.70 million worth of Apple Inc. Sportsman's Warehouse Holdings, Inc.
Investors sentiment increased to 1.11 in 2017 Q3.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. 69 funds opened positions while 205 raised stakes.
According to Finviz reported data, The SMA20 of the stock is at 0.87 percent, SMA50 is 6.43 percent, while SMA200 is 22.63 percent. Fuller And Thaler Asset Mngmt reported 0.01% stake. Barrett Asset Mngmt Limited Com has 5,785 shares for 0.06% of their portfolio. 2,776 were accumulated by 1832 Asset Mgmt L P. First Mercantile invested 0.24% in SunTrust Banks, Inc. The institutional investor held 645 shares of the building materials company at the end of 2017Q3, valued at $231,000, down from 1,914 at the end of the previous reported quarter. The Return on Investment (ROI) ratio of Adobe Systems Incorporated (ADBE) is 13.2 percent. (NYSE:STI). Hbk Sorce Advisory Limited Co holds 0.07% or 7,444 shares. Sands Management Lc reported 2.52% in Adobe Systems Incorporated (NASDAQ:ADBE). It increased, as 14 investors sold Rexnord Corporation shares while 46 reduced holdings. Barclays Public Ltd Liability reported 354,806 shares. Iberiabank holds 12,024 shares or 0.3% of its portfolio. Apg Asset Nv accumulated 651,382 shares or 0.16% of the stock. Commonwealth Equity Services owns 0.04% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 43,181 shares. (NASDAQ:AMGN) for 1,090 shares.
Since September 13, 2017, it had 1 insider buy, and 14 sales for $79.49 million activity. Another trade for 21,276 shares valued at $3.97M was made by GESCHKE CHARLES M on Wednesday, January 10. Paloma Prtn Mgmt has invested 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Shares for $3.63M were sold by Rencher Bradley on Wednesday, January 24. The insider Lewnes Ann sold 1,953 shares worth $338,846. Eight research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the stock. Therefore 100% are positive. The company's quarterly revenue was up 24.8% on a year-over-year basis. equities analysts forecast that Adobe Systems Incorporated will post 5.12 EPS for the current year. WARNOCK JOHN E also sold $1.18M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, October 20. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Friday, December 11 by Pivotal Research. The rating was downgraded by J.P. Morgan on Tuesday, December 12 to "Hold". The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Thursday, August 31 by Robert W. Baird. The stock has "Neutral" rating by Credit Suisse on Thursday, April 21.