Adobe Sys (ADBE) Stake Maintained by Lincoln National Corp; Era Group (ERA) Holding Has Raised by Donald Smith & Company Inc

August 12, 2018 - By Robert Shackelford

Era Group Inc. (NYSE:ERA) Logo

Donald Smith & Company Inc increased its stake in Era Group Inc (ERA) by 69.18% based on its latest 2018Q1 regulatory filing with the SEC. Donald Smith & Company Inc bought 329,397 shares as the company’s stock rose 31.49% while stock markets declined. The institutional investor held 805,517 shares of the transportation company at the end of 2018Q1, valued at $7.53 million, up from 476,120 at the end of the previous reported quarter. Donald Smith & Company Inc who had been investing in Era Group Inc for a number of months, seems to be bullish on the $271.76 million market cap company. The stock decreased 1.10% or $0.14 during the last trading session, reaching $12.53. About 50,521 shares traded or 4.11% up from the average. Era Group Inc. (NYSE:ERA) has risen 41.01% since August 12, 2017 and is uptrending. It has outperformed by 28.44% the S&P500. Some Historical ERA News: 08/03/2018 – Era Group 4Q Rev $57.5M; 25/05/2018 – HELICOPTER SERVICE ERA BEGAN GOM OIL,GAS EVACUATIONS ON ALBERTO; 01/05/2018 – ERA GROUP 1Q OPER REV. $57.3M; 17/05/2018 – S&PGR Affirms Era Group Inc. ‘B-‘ Ratings; Outlook Negative; 01/05/2018 – ERA GROUP 1Q LOSS/SHR 6C; 08/03/2018 – ERA GROUP 4Q OPER REV. $57.5M; 08/03/2018 Era Group 4Q EPS $2.89; 20/04/2018 – DJ Era Group Inc, Inst Holders, 1Q 2018 (ERA)

Lincoln National Corp increased its stake in Adobe Sys Inc (ADBE) by 80.41% based on its latest 2018Q1 regulatory filing with the SEC. Lincoln National Corp bought 2,245 shares as the company’s stock rose 14.81% while stock markets declined. The institutional investor held 5,037 shares of the prepackaged software company at the end of 2018Q1, valued at $1.09 million, up from 2,792 at the end of the previous reported quarter. Lincoln National Corp who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $124.23 billion market cap company. The stock decreased 0.04% or $0.1 during the last trading session, reaching $253.7. About 1.52M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 70.50% since August 12, 2017 and is uptrending. It has outperformed by 57.93% the S&P500. Some Historical ADBE News: 19/03/2018 – Enel Sells Energy From New U.S. Wind Farm to Facebook and Adobe; 13/04/2018 – Microsoft, Adobe and Mattel among 40 companies pledging to make workplace changes to help women succeed; 05/04/2018 – Adobe at Company Marketing Hosted By Stephens Inc. Today; 04/05/2018 – Adobe Named a Leader in 2018 Gartner Magic Quadrant for Multichannel Marketing Hubs; 21/05/2018 – Adobe To Buy Commerce Platform Magento For $1.68 Billion — MarketWatch; 26/03/2018 – MEDIA ALERT: Adobe and Microsoft Extend Global Partnership Into China; 26/03/2018 – WIPRO, ADOBE TO OFFER ENHANCED DIGITAL SERVICES AND SOLUTIONS; 27/03/2018 – SnapLogic Announces Integration with Adobe Cloud Platform to Close the Customer Experience Gap; 26/03/2018 – Digital River Takes Ecommerce Expertise to Adobe Summit as Sponsor and Exhibitor; 03/04/2018 – Shared Storage Provider OpenDrives Launches Media Accelerator Integration for Adobe Premiere Pro CC

Since March 12, 2018, it had 0 buys, and 13 sales for $497,881 activity. The insider Whalen Jennifer Dawn sold $6,743. $100,982 worth of Era Group Inc. (NYSE:ERA) was sold by Bradshaw Christopher Scott. Another trade for 1,812 shares valued at $17,307 was sold by White Paul T.

Among 2 analysts covering Era Group Inc (NYSE:ERA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Era Group Inc had 4 analyst reports since September 15, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Oppenheimer given on Tuesday, September 15. The firm has “Outperform” rating given on Friday, October 23 by Oppenheimer.

More important recent Era Group Inc. (NYSE:ERA) news were published by: Globenewswire.com which released: “Era Group Names Grant Newman Senior Vice President, Strategy & Corporate Development” on August 02, 2018, also Globenewswire.com published article titled: “Era Group Announces Q2 2018 Earnings Release Call”, Seekingalpha.com published: “Era Group, Inc. (ERA) CEO Christopher Bradshaw on Q2 2018 Results – Earnings Call Transcript” on August 11, 2018. More interesting news about Era Group Inc. (NYSE:ERA) was released by: Globenewswire.com and their article: “Era Group Inc. Reports Second Quarter 2018 Results” with publication date: August 07, 2018.

Donald Smith & Company Inc, which manages about $6.25B and $3.74B US Long portfolio, decreased its stake in Kinross Gold Corp (NYSE:KGC) by 5.26 million shares to 50.27M shares, valued at $198.55M in 2018Q1, according to the filing. It also reduced its holding in Toll Brothers Inc. (NYSE:TOL) by 401,155 shares in the quarter, leaving it with 296,285 shares, and cut its stake in Yamana Gold (NYSE:AUY).

Investors sentiment decreased to 1.13 in Q1 2018. Its down 0.30, from 1.43 in 2017Q4. It worsened, as 6 investors sold ERA shares while 33 reduced holdings. 16 funds opened positions while 28 raised stakes. 18.07 million shares or 0.62% less from 18.18 million shares in 2017Q4 were reported. Tiaa Cref Mgmt Limited Liability Company owns 0% invested in Era Group Inc. (NYSE:ERA) for 170,458 shares. Tower Capital Limited Liability Company (Trc) owns 2,450 shares or 0% of their US portfolio. Great West Life Assurance Can stated it has 24,732 shares. Thrivent For Lutherans invested 0% in Era Group Inc. (NYSE:ERA). Ameritas Inv Ptnrs stated it has 0% in Era Group Inc. (NYSE:ERA). 12,588 are owned by Group. Schwab Charles Invest Mgmt reported 108,278 shares. Ls Invest Advsrs holds 651 shares or 0% of its portfolio. Meeder Asset Mngmt owns 209 shares. Illinois-based Northern has invested 0% in Era Group Inc. (NYSE:ERA). California State Teachers Retirement Systems reported 0% in Era Group Inc. (NYSE:ERA). 5,752 were reported by First Mercantile. Parkside Finance Retail Bank owns 201 shares. Wells Fargo & Company Mn has 29,350 shares. Thomson Horstmann And Bryant stated it has 35,441 shares or 0.04% of all its holdings.

Lincoln National Corp, which manages about $2.72B US Long portfolio, decreased its stake in Ishares Inc (ACWV) by 4,403 shares to 4,181 shares, valued at $350,000 in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (STIP) by 25,688 shares in the quarter, leaving it with 46,903 shares, and cut its stake in Netflix Inc (NASDAQ:NFLX).

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.01, from 0.89 in 2017Q4. It is positive, as 35 investors sold ADBE shares while 418 reduced holdings. 136 funds opened positions while 271 raised stakes. 405.65 million shares or 1.16% less from 410.42 million shares in 2017Q4 were reported. British Columbia Management Corporation holds 232,592 shares or 0.38% of its portfolio. Sit Inv has invested 0.3% in Adobe Systems Incorporated (NASDAQ:ADBE). Usca Ria Ltd Liability Corporation owns 2,721 shares. The Colorado-based Marsico Cap Management Ltd has invested 1.97% in Adobe Systems Incorporated (NASDAQ:ADBE). First Allied Advisory Svcs Inc accumulated 16,189 shares. Reliance Company Of Delaware has 6,579 shares for 0.22% of their portfolio. Westfield Cap LP reported 640,964 shares stake. Gotham Asset Management holds 0.07% or 23,312 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 113,894 shares or 0.22% of its portfolio. Stephens Ar has 0.41% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Riverhead Cap Ltd Com invested in 0.86% or 94,417 shares. Crawford Counsel has invested 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE). Kames Cap Public Ltd reported 90,983 shares. Parkside Commercial Bank & Tru accumulated 892 shares. Pitcairn invested 0.74% in Adobe Systems Incorporated (NASDAQ:ADBE).

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Businesswire.com which released: “Adobe Scan for Bixby Vision Debuts with Samsung Galaxy Note9” on August 09, 2018, also Finance.Yahoo.com with their article: “The 5 Best Stocks to Buy for August” published on July 31, 2018, Seekingalpha.com published: “Adobe: Thesis Intact Ahead Of Q3” on July 19, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: “Could Apple Still Be Undervalued? (With Investing City)” published on August 08, 2018 as well as Businesswire.com‘s news article titled: “LiveRamp to Power People-based TV Campaigns for Adobe with IdentityLink” with publication date: July 31, 2018.

Era Group Inc. (NYSE:ERA) Institutional Positions Chart

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