Mar Vista Investment Partners Trimmed Its Adobe Systems (ADBE) Holding; Diversicare Healthcare Services (DVCR) SI Increased By 69.23%

February 20, 2018 - By Linda Rogers

Mar Vista Investment Partners Llc decreased Adobe Systems Inc (ADBE) stake by 20.93% reported in 2017Q3 SEC filing. Mar Vista Investment Partners Llc sold 122,837 shares as Adobe Systems Inc (ADBE)’s stock rose 14.01%. The Mar Vista Investment Partners Llc holds 464,119 shares with $69.24M value, down from 586,956 last quarter. Adobe Systems Inc now has $99.13 billion valuation. The stock increased 0.04% or $0.09 during the last trading session, reaching $201.65. About 426,682 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 20, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Diversicare Healthcare Services (NASDAQ:DVCR) had an increase of 69.23% in short interest. DVCR’s SI was 2,200 shares in February as released by FINRA. Its up 69.23% from 1,300 shares previously. With 1,700 avg volume, 1 days are for Diversicare Healthcare Services (NASDAQ:DVCR)’s short sellers to cover DVCR’s short positions. The SI to Diversicare Healthcare Services’s float is 0.08%. The stock increased 2.59% or $0.2076 during the last trading session, reaching $8.2176. About 307 shares traded. Diversicare Healthcare Services, Inc. (NASDAQ:DVCR) has risen 35.96% since February 20, 2017 and is uptrending. It has outperformed by 19.26% the S&P500.

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 47.56 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 selling transactions for $79.49 million activity. 18,079 shares were sold by DILLON MICHAEL A, worth $3.51M on Monday, February 5. 1,953 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $338,846 were sold by Lewnes Ann. The insider GESCHKE CHARLES M sold $3.97 million. 1,125 shares valued at $199,520 were bought by Banse Amy on Monday, December 18. Morris Donna sold $5.81 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 24. Another trade for 18,410 shares valued at $3.63 million was sold by Rencher Bradley. The insider WARNOCK JOHN E sold $1.18M.

Mar Vista Investment Partners Llc increased Schlumberger Ltd (NYSE:SLB) stake by 61,402 shares to 1.07M valued at $74.89M in 2017Q3. It also upped Walt Disney Co/The (NYSE:DIS) stake by 19,367 shares and now owns 358,548 shares. Transdigm Group Inc (NYSE:TDG) was raised too.

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. Bernstein maintained the shares of ADBE in report on Friday, March 18 with “Outperform” rating. On Wednesday, September 2 the stock rating was upgraded by Vetr to “Strong-Buy”. The firm has “Buy” rating given on Monday, December 11 by Cowen & Co. The firm has “Buy” rating by Wunderlich given on Wednesday, June 21. The rating was maintained by Robert W. Baird with “Buy” on Friday, October 6. The stock has “Buy” rating by UBS on Wednesday, September 21. Guggenheim maintained it with “Buy” rating and $212.0 target in Wednesday, January 10 report. On Wednesday, December 13 the stock rating was maintained by Bank of America with “Buy”. The firm has “Buy” rating by Cowen & Co given on Thursday, October 19. The firm earned “Overweight” rating on Wednesday, August 10 by Stephens.

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