Triangle Securities Wealth Management Upped Its Adobe Sys (ADBE) Position; Wade G W & Stake in Boston Scientific (BSX) Has Lowered by $449,500 as Market Valuation Rose

February 22, 2018 - By Linda Rogers

Triangle Securities Wealth Management increased its stake in Adobe Sys Inc (ADBE) by 79.29% based on its latest 2017Q3 regulatory filing with the SEC. Triangle Securities Wealth Management bought 3,029 shares as the company’s stock rose 14.01% with the market. The institutional investor held 6,849 shares of the prepackaged software company at the end of 2017Q3, valued at $1.02M, up from 3,820 at the end of the previous reported quarter. Triangle Securities Wealth Management who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $100.08B market cap company. The stock increased 0.74% or $1.5 during the last trading session, reaching $203.59. About 643,216 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 22, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.




Wade G W & Inc decreased its stake in Boston Scientific Corp (BSX) by 53.64% based on its latest 2017Q3 regulatory filing with the SEC. Wade G W & Inc sold 15,500 shares as the company’s stock rose 4.02% with the market. The institutional investor held 13,398 shares of the medical and dental instruments company at the end of 2017Q3, valued at $391,000, down from 28,898 at the end of the previous reported quarter. Wade G W & Inc who had been investing in Boston Scientific Corp for a number of months, seems to be less bullish one the $36.76 billion market cap company. It closed at $26.77 lastly. It is down 19.12% since February 22, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.

Since August 29, 2017, it had 0 insider purchases, and 12 insider sales for $16.75 million activity. $1.56 million worth of stock was sold by Nanavaty Maulik on Wednesday, August 30. $323,435 worth of Boston Scientific Corporation (NYSE:BSX) was sold by Pratt Timothy A.. The insider Pierce David A sold 8,763 shares worth $243,074. $10.11M worth of Boston Scientific Corporation (NYSE:BSX) was sold by Bose Supratim. $2.26M worth of stock was sold by Fitzgerald Joseph Michael on Wednesday, February 7.

Analysts await Boston Scientific Corporation (NYSE:BSX) to report earnings on April, 26. They expect $0.31 EPS, up 6.90% or $0.02 from last year’s $0.29 per share. BSX’s profit will be $425.70M for 21.59 P/E if the $0.31 EPS becomes a reality. After $0.34 actual EPS reported by Boston Scientific Corporation for the previous quarter, Wall Street now forecasts -8.82% negative EPS growth.

Among 29 analysts covering Boston Scientific Corporation (NYSE:BSX), 23 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Boston Scientific Corporation had 89 analyst reports since July 27, 2015 according to SRatingsIntel. BMO Capital Markets maintained Boston Scientific Corporation (NYSE:BSX) rating on Monday, June 19. BMO Capital Markets has “Buy” rating and $3000 target. On Thursday, August 31 the stock rating was maintained by BMO Capital Markets with “Buy”. Oppenheimer maintained the stock with “Hold” rating in Wednesday, June 28 report. The stock has “Hold” rating by Jefferies on Tuesday, June 27. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, May 30 report. The firm earned “Buy” rating on Thursday, February 1 by Stifel Nicolaus. The stock has “Buy” rating by SunTrust on Friday, December 1. Needham maintained it with “Buy” rating and $30 target in Friday, April 28 report. On Wednesday, January 17 the stock rating was maintained by Canaccord Genuity with “Buy”. The company was maintained on Monday, May 1 by Oppenheimer.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It improved, as 33 investors sold BSX shares while 166 reduced holdings. 43 funds opened positions while 164 raised stakes. 1.21 billion shares or 1.08% less from 1.22 billion shares in 2017Q2 were reported. D E Shaw & has invested 0.03% in Boston Scientific Corporation (NYSE:BSX). Van Cleef Asset Managementinc has 9,400 shares. Gamco Et Al invested 0.1% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Rhumbline Advisers, a Massachusetts-based fund reported 2.37 million shares. Principal Fincl Grp invested in 0.06% or 1.97 million shares. Seaward Mngmt Partnership stated it has 1.5% in Boston Scientific Corporation (NYSE:BSX). M&T Bank & Trust Corporation, New York-based fund reported 89,061 shares. World holds 101.01M shares. Etrade Cap Mngmt reported 16,025 shares or 0.02% of all its holdings. Howe Rusling stated it has 129 shares. Exane Derivatives owns 23 shares or 0% of their US portfolio. New Mexico Educational Retirement Board reported 0.18% in Boston Scientific Corporation (NYSE:BSX). Alphamark Advsrs holds 200 shares or 0% of its portfolio. Caisse De Depot Et Placement Du Quebec holds 0% of its portfolio in Boston Scientific Corporation (NYSE:BSX) for 22,126 shares. Robeco Institutional Asset Management Bv holds 0.02% or 111,977 shares in its portfolio.

Wade G W & Inc, which manages about $4.63 billion and $824.29M US Long portfolio, upped its stake in Ishares Tr (IWO) by 1,914 shares to 16,855 shares, valued at $3.02M in 2017Q3, according to the filing. It also increased its holding in Wisdomtree Tr (DLN) by 6,667 shares in the quarter, for a total of 320,675 shares, and has risen its stake in Vanguard Intl Equity Index F (VWO).

Since September 13, 2017, it had 1 buy, and 14 selling transactions for $79.49 million activity. 1,953 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $297,032 were sold by Lewnes Ann. $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was bought by Banse Amy on Monday, December 18. WARNOCK JOHN E sold 6,800 shares worth $1.18M. DILLON MICHAEL A had sold 6,376 shares worth $1.26M on Wednesday, January 31. 54,488 shares valued at $10.21M were sold by GARRETT MARK on Tuesday, February 6. The insider Rencher Bradley sold $3.63M.

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. On Wednesday, January 10 the stock rating was maintained by Guggenheim with “Buy”. The rating was maintained by KeyBanc Capital Markets on Wednesday, October 18 with “Buy”. On Friday, October 6 the stock rating was maintained by Robert W. Baird with “Buy”. RBC Capital Markets upgraded the shares of ADBE in report on Tuesday, August 11 to “Sector Perform” rating. The rating was upgraded by Wunderlich to “Buy” on Friday, March 17. RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Sunday, July 30. RBC Capital Markets has “Buy” rating and $15700 target. The firm has “Buy” rating given on Tuesday, June 20 by Canaccord Genuity. On Friday, December 11 the stock rating was maintained by Pivotal Research with “Buy”. Jefferies maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, September 18. Jefferies has “Buy” rating and $92.0 target. The company was maintained on Wednesday, September 21 by Canaccord Genuity.

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. Paragon Mngmt Ltd Liability Corp holds 2,783 shares. The Illinois-based First Tru Ltd Partnership has invested 0.3% in Adobe Systems Incorporated (NASDAQ:ADBE). Glg Limited Liability has invested 0.25% in Adobe Systems Incorporated (NASDAQ:ADBE). Connor Clark And Lunn Mngmt Limited owns 262,350 shares for 0.23% of their portfolio. 2,723 were reported by Main Street Research Lc. Leavell Inv Mgmt holds 0.44% or 24,020 shares in its portfolio. Bradley Foster Sargent Incorporated Ct invested in 0.73% or 127,598 shares. Dixon Hubard Feinour & Brown Va has invested 1.48% in Adobe Systems Incorporated (NASDAQ:ADBE). Rampart Inv Mgmt Company Limited Company stated it has 6,707 shares or 0.34% of all its holdings. Bokf Na holds 52,245 shares or 0.23% of its portfolio. Moreover, Tiedemann Wealth Mgmt Lc has 0.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Twin Tree Mngmt LP accumulated 47,175 shares. The Virginia-based Sands Capital Mgmt Limited Liability has invested 2.52% in Adobe Systems Incorporated (NASDAQ:ADBE). Night Owl Cap Ltd Llc has invested 2.41% in Adobe Systems Incorporated (NASDAQ:ADBE). Kistler, a Alabama-based fund reported 362 shares.

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