As Xpo Logistics (XPO) Valuation Rose, Holder Voloridge Investment Management Has Decreased Position; As Adobe Sys (ADBE) Market Valuation Rose, Holder Trillium Asset Management Decreased Its Stake

May 18, 2018 - By Clifton Ray

XPO Logistics, Inc. (NYSE:XPO) Logo

Voloridge Investment Management Llc decreased its stake in Xpo Logistics Inc (XPO) by 13.95% based on its latest 2017Q4 regulatory filing with the SEC. Voloridge Investment Management Llc sold 37,332 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 230,197 shares of the consumer services company at the end of 2017Q4, valued at $21.08 million, down from 267,529 at the end of the previous reported quarter. Voloridge Investment Management Llc who had been investing in Xpo Logistics Inc for a number of months, seems to be less bullish one the $12.83 billion market cap company. The stock increased 0.49% or $0.52 during the last trading session, reaching $106.36. About 1.21M shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 113.78% since May 18, 2017 and is uptrending. It has outperformed by 102.23% the S&P500.

Trillium Asset Management Llc decreased its stake in Adobe Sys Inc (ADBE) by 11.35% based on its latest 2017Q4 regulatory filing with the SEC. Trillium Asset Management Llc sold 19,652 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 153,508 shares of the prepackaged software company at the end of 2017Q4, valued at $26.90 million, down from 173,160 at the end of the previous reported quarter. Trillium Asset Management Llc who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $116.64 billion market cap company. The stock decreased 0.23% or $0.54 during the last trading session, reaching $236.85. About 1.45 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 18, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

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 47.37 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.

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. On Wednesday, October 7 the stock rating was maintained by Deutsche Bank with “Buy”. Goldman Sachs maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, March 9. Goldman Sachs has “Neutral” rating and $92 target. As per Wednesday, October 14, the company rating was upgraded by Atlantic Securities. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Wednesday, September 20 by Cowen & Co. The firm has “Mkt Perform” rating given on Friday, December 11 by FBR Capital. The firm earned “Hold” rating on Monday, October 16 by Deutsche Bank. On Wednesday, June 22 the stock rating was maintained by Rosenblatt with “Buy”. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 16. Cowen & Co has “Buy” rating and $255.0 target. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, August 24. The firm has “Buy” rating by Guggenheim given on Friday, March 16.

Investors sentiment decreased to 0.89 in 2017 Q4. 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. 6.12 million are owned by Northern Trust Corp. Lombard Odier Asset Mgmt (Europe) Limited reported 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Fuller And Thaler Asset Inc accumulated 3,000 shares. Folger Nolan Fleming Douglas Mgmt stated it has 0.3% in Adobe Systems Incorporated (NASDAQ:ADBE). Van Hulzen Asset Management Ltd Co, a California-based fund reported 1,200 shares. Solaris Asset Mngmt Ltd Liability has 3.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE). 1,151 are owned by Cibc Bancshares Usa. Atlantic Trust Lc holds 0.75% in Adobe Systems Incorporated (NASDAQ:ADBE) or 1.01M shares. 1,292 were accumulated by Buckingham Asset Mngmt Limited Liability Com. Comm Financial Bank invested in 221,480 shares or 0.51% of the stock. Rafferty Asset Mgmt Llc owns 8,296 shares. Meiji Yasuda Life Insurance Company invested in 0.3% or 12,460 shares. Ifc Fl invested in 0.02% or 1,697 shares. North Star Investment reported 0% in Adobe Systems Incorporated (NASDAQ:ADBE). Geode Capital Management Limited Co, a Massachusetts-based fund reported 5.20M shares.

More important recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Fool.com which released: “Should You Buy DocuSign After its Post-IPO Surge?” on May 17, 2018, also Nasdaq.com published article titled: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers”, Seekingalpha.com published: “DocuSign raises IPO price range” on April 25, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: Streetinsider.com and their article: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with publication date: May 15, 2018.

Trillium Asset Management Llc, which manages about $1.82B US Long portfolio, upped its stake in First Rep Bk San Francisco C (NYSE:FRC) by 15,322 shares to 170,823 shares, valued at $14.80M in 2017Q4, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 11,958 shares in the quarter, for a total of 114,193 shares, and has risen its stake in Pnc Finl Svcs Group Inc (NYSE:PNC).

Since December 13, 2017, it had 1 buy, and 17 selling transactions for $87.77 million activity. 30,000 shares valued at $5.97M were sold by LAMKIN BRYAN on Wednesday, January 31. $10.21M worth of stock was sold by GARRETT MARK on Tuesday, February 6. 2,942 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $696,048 were sold by Lewnes Ann. 16,000 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $3.59M were sold by GESCHKE CHARLES M. $10.16 million worth of stock was sold by THOMPSON MATTHEW on Friday, January 26. 18,410 shares were sold by Rencher Bradley, worth $3.63 million.

Among 21 analysts covering XPO Logistics (NYSE:XPO), 19 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. XPO Logistics had 79 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley maintained XPO Logistics, Inc. (NYSE:XPO) on Monday, July 17 with “Overweight” rating. The stock of XPO Logistics, Inc. (NYSE:XPO) has “Outperform” rating given on Tuesday, August 9 by Oppenheimer. Macquarie Research maintained XPO Logistics, Inc. (NYSE:XPO) rating on Wednesday, December 27. Macquarie Research has “Outperform” rating and $105 target. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, January 11. Citigroup reinitiated the stock with “Buy” rating in Wednesday, November 4 report. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Outperform” rating by Oppenheimer on Monday, November 6. The firm has “Buy” rating by Cowen & Co given on Monday, July 10. The rating was initiated by Morgan Stanley on Tuesday, February 23 with “Overweight”. Oppenheimer maintained the stock with “Buy” rating in Monday, July 17 report. The rating was maintained by Cowen & Co on Tuesday, December 6 with “Outperform”.

More recent XPO Logistics, Inc. (NYSE:XPO) news were published by: Fool.com which released: “XPO Logistics Wants to Level the Retail Playing Field” on May 03, 2018. Also Streetinsider.com published the news titled: “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” on May 15, 2018. Globenewswire.com‘s news article titled: “Research Report Identifies Aceto, Eaton Vance, New Relic, Western Alliance, Alexander & Baldwin, and XPO Logistics …” with publication date: April 26, 2018 was also an interesting one.

Voloridge Investment Management Llc, which manages about $1.43B and $4.59B US Long portfolio, upped its stake in Ubs Group Ag (NYSE:UBS) by 152,873 shares to 302,228 shares, valued at $5.56M in 2017Q4, according to the filing. It also increased its holding in Willis Towers Watson Pub Ltd by 41,474 shares in the quarter, for a total of 56,774 shares, and has risen its stake in Kinder Morgan Inc Del (NYSE:KMI).

XPO Logistics, Inc. (NYSE:XPO) Institutional Positions Chart

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