Prudential Finl (PRU) Position Has Upped by Gabalex Capital Management Llc; Mufg Americas Holdings Continues to Hold Holding in Adobe Sys (ADBE)

December 29, 2017 - By Evgen Dobrzhanskiy

Gabalex Capital Management Llc increased its stake in Prudential Finl Inc (PRU) by 9.09% based on its latest 2017Q3 regulatory filing with the SEC. Gabalex Capital Management Llc bought 15,000 shares as the company’s stock declined 6.41% while stock markets rallied. The hedge fund held 180,000 shares of the finance company at the end of 2017Q3, valued at $19.14 million, up from 165,000 at the end of the previous reported quarter. Gabalex Capital Management Llc who had been investing in Prudential Finl Inc for a number of months, seems to be bullish on the $48.95 billion market cap company. The stock increased 0.04% or $0.05 during the last trading session, reaching $115.25. About 422,387 shares traded. Prudential Financial, Inc. (NYSE:PRU) has risen 33.66% since December 29, 2016 and is uptrending. It has outperformed by 16.96% the S&P500.

Mufg Americas Holdings Corp increased its stake in Adobe Sys Inc (ADBE) by 9.8% based on its latest 2017Q3 regulatory filing with the SEC. Mufg Americas Holdings Corp bought 5,167 shares as the company’s stock rose 14.01% with the market. The institutional investor held 57,914 shares of the prepackaged software company at the end of 2017Q3, valued at $8.64 million, up from 52,747 at the end of the previous reported quarter. Mufg Americas Holdings Corp who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $86.52 billion market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $175.52. About 755,333 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 29, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

Since August 7, 2017, it had 0 insider buys, and 2 insider sales for $2.10 million activity. Silitch Nicholas C also sold $1.64 million worth of Prudential Financial, Inc. (NYSE:PRU) on Wednesday, August 9.

Among 13 analysts covering Prudential Financial (NYSE:PRU), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Prudential Financial had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, October 6 by RBC Capital Markets. The firm has “Mkt Perform” rating by FBR Capital given on Tuesday, October 18. Atlantic Securities downgraded Prudential Financial, Inc. (NYSE:PRU) on Friday, February 10 to “Neutral” rating. As per Friday, April 28, the company rating was maintained by Credit Suisse. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 23. The firm has “Buy” rating by Zacks given on Monday, September 7. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, October 5. The rating was maintained by RBC Capital Markets on Tuesday, September 5 with “Hold”. On Monday, November 28 the stock rating was maintained by FBR Capital with “Mkt Perform”. As per Wednesday, January 20, the company rating was downgraded by Bank of America.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.20, from 1.2 in 2017Q2. It dived, as 43 investors sold PRU shares while 274 reduced holdings. 73 funds opened positions while 245 raised stakes. 265.93 million shares or 0.75% less from 267.93 million shares in 2017Q2 were reported. Stratos Wealth Prns holds 0.03% in Prudential Financial, Inc. (NYSE:PRU) or 6,181 shares. Jpmorgan Chase & Com holds 0.13% or 5.68M shares in its portfolio. Putnam Limited Liability Corporation has invested 0.07% of its portfolio in Prudential Financial, Inc. (NYSE:PRU). Twin Cap Management Incorporated has invested 0.15% in Prudential Financial, Inc. (NYSE:PRU). Commerzbank Aktiengesellschaft Fi reported 0.06% in Prudential Financial, Inc. (NYSE:PRU). Creative Planning stated it has 0.01% in Prudential Financial, Inc. (NYSE:PRU). Pennsylvania Com, a Pennsylvania-based fund reported 15,075 shares. Amer Group Inc stated it has 0.08% of its portfolio in Prudential Financial, Inc. (NYSE:PRU). Reilly Advisors Ltd Liability Corp reported 0% in Prudential Financial, Inc. (NYSE:PRU). Seaward LP owns 42,203 shares. Panagora Asset Mgmt invested 0.15% in Prudential Financial, Inc. (NYSE:PRU). 12,455 were accumulated by Patten And Patten Tn. Asset holds 400 shares or 0.01% of its portfolio. Ajo Ltd Partnership accumulated 2.61M shares or 1.21% of the stock. American Century Inc stated it has 0% of its portfolio in Prudential Financial, Inc. (NYSE:PRU).

Mufg Americas Holdings Corp, which manages about $3.14 billion US Long portfolio, decreased its stake in Edwards Lifesciences Corp (NYSE:EW) by 6,562 shares to 5,161 shares, valued at $564,000 in 2017Q3, according to the filing. It also reduced its holding in Colgate Palmolive Co (NYSE:CL) by 15,510 shares in the quarter, leaving it with 67,509 shares, and cut its stake in American Express Co (NYSE:AXP).

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 133 analyst reports since August 11, 2015 according to SRatingsIntel. Robert W. Baird maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, October 6. Robert W. Baird has “Buy” rating and $160.0 target. Pivotal Research maintained the shares of ADBE in report on Wednesday, September 21 with “Buy” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Outperform” rating given on Wednesday, September 21 by RBC Capital Markets. Credit Suisse maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, January 6. Credit Suisse has “Neutral” rating and $70 target. The stock has “Neutral” rating by Credit Suisse on Friday, March 18. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Thursday, December 14 by Canaccord Genuity. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, March 9. The firm has “Buy” rating given on Wednesday, September 20 by Jefferies. J.P. Morgan downgraded Adobe Systems Incorporated (NASDAQ:ADBE) rating on Tuesday, December 12. J.P. Morgan has “Hold” rating and $185.0 target. The stock has “Buy” rating by Stifel Nicolaus on Friday, November 10.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It improved, 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. Night Owl Mgmt Lc reported 33,414 shares. Moreover, Ardevora Asset Management Llp has 0.78% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Papp L Roy & holds 14,350 shares. Atwood & Palmer holds 0% in Adobe Systems Incorporated (NASDAQ:ADBE) or 150 shares. 1.60M are held by Schwab Charles Invest Mngmt. Suvretta Cap Management Limited Liability has invested 10.61% in Adobe Systems Incorporated (NASDAQ:ADBE). Meeder Asset holds 37,470 shares or 0.61% of its portfolio. Vision Cap Mngmt holds 0.43% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 9,140 shares. Nwi Mgmt Limited Partnership stated it has 2.31% in Adobe Systems Incorporated (NASDAQ:ADBE). Glg Ltd Limited Liability Company holds 25,500 shares. Ipswich Invest Company accumulated 1,650 shares or 0.11% of the stock. Texas Permanent School Fund reported 136,738 shares. Moreover, Bnp Paribas Arbitrage has 0.16% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 428,220 shares. Intll Grp Inc accumulated 0.11% or 214,066 shares. Alpha Cubed Invs Limited Liability Corp reported 25,420 shares.

Since August 9, 2017, it had 1 insider purchase, and 6 selling transactions for $2.59 million activity. Lewnes Ann sold $297,032 worth of stock or 1,953 shares. $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by WARNOCK JOHN E. Banse Amy also bought $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares.