Adobe Systems (ADBE) Reaches $154.29 After 5.00% Up Move; Mid America Apartment Communitie (MAA) Shorts Increased By 3.41%

October 12, 2017 - By Marguerite Chambers

The stock of Adobe Systems Incorporated (NASDAQ:ADBE) is a huge mover today! About 344,895 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since October 12, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.The move comes after 7 months positive chart setup for the $76.06B company. It was reported on Oct, 12 by Barchart.com. We have $162.00 PT which if reached, will make NASDAQ:ADBE worth $3.80 billion more.

Mid America Apartment Communitie (NYSE:MAA) had an increase of 3.41% in short interest. MAA’s SI was 1.61M shares in October as released by FINRA. Its up 3.41% from 1.56M shares previously. With 462,100 avg volume, 4 days are for Mid America Apartment Communitie (NYSE:MAA)’s short sellers to cover MAA’s short positions. The SI to Mid America Apartment Communitie’s float is 1.43%. About 52,299 shares traded. Mid-America Apartment Communities Inc (NYSE:MAA) has risen 0.92% since October 12, 2016 and is uptrending. It has underperformed by 15.78% the S&P500.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.10, from 1.17 in 2017Q1. It dropped, as 35 investors sold Mid-America Apartment Communities Inc shares while 140 reduced holdings. 49 funds opened positions while 138 raised stakes. 102.75 million shares or 0.18% more from 102.56 million shares in 2017Q1 were reported. Fmr Ltd invested in 3.16 million shares. Virtus Inv Advisers Inc has invested 0.03% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Diamond Hill Cap Inc, a Ohio-based fund reported 541,626 shares. Teachers Retirement Systems Of The State Of Kentucky stated it has 0.02% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Goldman Sachs Inc has invested 0.09% of its portfolio in Mid-America Apartment Communities Inc (NYSE:MAA). Amica Mutual reported 0.36% in Mid-America Apartment Communities Inc (NYSE:MAA). Thrivent For Lutherans, a Minnesota-based fund reported 360,525 shares. Illinois-based Northern Corporation has invested 0.05% in Mid-America Apartment Communities Inc (NYSE:MAA). Btc Mgmt Inc holds 0.47% or 24,551 shares. Steinberg Asset Management invested in 2,321 shares or 0.04% of the stock. 215,249 are held by Strs Ohio. 3,625 are owned by Roanoke Asset Mgmt New York. Quantitative Invest Ltd Liability Corporation stated it has 140,300 shares or 0.22% of all its holdings. Sector Pension Inv Board reported 12,800 shares. Chicago Equity Prtn has 0.02% invested in Mid-America Apartment Communities Inc (NYSE:MAA) for 6,404 shares.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed real estate investment trust . The company has market cap of $12.24 billion. The Firm owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. It has a 46.46 P/E ratio. It operates through three divisions: Large market same store, Secondary market same store and Non-Same Store and Other.

Among 18 analysts covering Mid-America Apartment Communities (NYSE:MAA), 12 have Buy rating, 1 Sell and 5 Hold. Therefore 67% are positive. Mid-America Apartment Communities had 59 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) earned “Neutral” rating by Suntrust Robinson on Friday, January 22. Oppenheimer maintained it with “Outperform” rating and $104 target in Thursday, February 4 report. On Friday, August 19 the stock rating was upgraded by Suntrust Robinson to “Buy”. The stock of Mid-America Apartment Communities Inc (NYSE:MAA) has “Hold” rating given on Wednesday, June 8 by Jefferies. The firm earned “Neutral” rating on Friday, January 22 by SunTrust. The rating was initiated by JMP Securities on Thursday, September 17 with “Market Perform”. As per Tuesday, November 10, the company rating was initiated by BB&T Capital. UBS initiated the stock with “Neutral” rating in Monday, January 9 report. The rating was upgraded by Raymond James to “Outperform” on Tuesday, October 20. As per Tuesday, July 21, the company rating was initiated by SunTrust.

Since May 9, 2017, it had 1 buy, and 0 selling transactions for $49,450 activity. Shares for $49,450 were bought by Shorb Gary on Tuesday, May 9.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 1 Sell and 7 Hold. Therefore 79% are positive. Adobe Systems had 107 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Tuesday, December 8 with “Buy”. As per Thursday, January 14, the company rating was initiated by Dougherty & Company. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, September 21. Pivotal Research maintained it with “Buy” rating and $125 target in Wednesday, September 21 report. On Wednesday, September 21 the stock rating was maintained by Cowen & Co with “Outperform”. The firm has “Buy” rating by Rosenblatt given on Wednesday, June 22. The rating was maintained by Robert W. Baird with “Buy” on Thursday, August 31. As per Monday, April 4, the company rating was maintained by Dougherty & Company. The firm has “Buy” rating given on Wednesday, September 21 by Canaccord Genuity. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Piper Jaffray on Wednesday, September 20.

Investors sentiment increased to 1.1 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. It improved, as 49 investors sold Adobe Systems Incorporated shares while 326 reduced holdings. 117 funds opened positions while 294 raised stakes. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. Genesee Valley reported 0.98% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Axa reported 519,061 shares. Moreover, Hendley And Inc has 2.2% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 27,925 shares. Tower Research Cap Ltd Com (Trc) invested in 0% or 17 shares. Riverpark Ltd Liability Company owns 33,456 shares or 0.54% of their US portfolio. Wetherby Asset Management holds 10,577 shares or 0.25% of its portfolio. Iberiabank Corporation accumulated 10,352 shares or 0.44% of the stock. Barton Inv Management holds 0.12% or 3,200 shares. Cls Invests Ltd Liability Com invested 0.07% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Regentatlantic Ltd Liability Com reported 0.16% in Adobe Systems Incorporated (NASDAQ:ADBE). Capital Inv Counsel invested 2.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Cullinan Assocs owns 0.35% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 32,090 shares. Planning accumulated 0.03% or 2,838 shares. Nelson Roberts Investment Advisors Limited invested in 0.06% or 1,160 shares. Dsm Cap Ptnrs Lc holds 2.11 million shares or 4.43% of its portfolio.

Adobe Systems Incorporated is a software company. The company has market cap of $76.06 billion. The Firm offers services and products used by professionals, marketers, knowledge workers, application developers, enterprises and clients for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences. It has a 48.54 P/E ratio. It operates through three divisions: Digital Media, Digital Marketing, and Print and Publishing.

Since May 10, 2017, it had 0 buys, and 2 insider sales for $614,410 activity. $311,035 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Lewnes Ann.

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