Caesars Entmt (CZR) Holder Marathon Asset Management LP Has Decreased Stake; Bw Gestao De Investimentos Ltda Lowered Adobe Systems (ADBE) Holding by $1.92 Million

August 12, 2018 - By Carolyn Hewitt

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

Bw Gestao De Investimentos Ltda decreased its stake in Adobe Systems Inc (ADBE) by 42.52% based on its latest 2018Q1 regulatory filing with the SEC. Bw Gestao De Investimentos Ltda sold 8,878 shares as the company’s stock rose 14.81% while stock markets declined. The institutional investor held 12,000 shares of the prepackaged software company at the end of 2018Q1, valued at $2.59 million, down from 20,878 at the end of the previous reported quarter. Bw Gestao De Investimentos Ltda who had been investing in Adobe Systems Inc for a number of months, seems to be less bullish one the $124.23 billion market cap company. The stock decreased 0.04% or $0.1 during the last trading session, reaching $253.7. About 1.52 million 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 US WIND FARM TO FACEBOOK & ADOBE; 28/03/2018 – Adobe Sensei and Leslie Jones of “Saturday Night Live” Take Center Stage at “Summit Sneaks”; 16/03/2018 – ADOBE SYSTEMS INC ADBE.O : RBC RAISES TARGET PRICE TO $242 FROM $235; 27/03/2018 – Acxiom Launches Digital Transformation Services and New Adobe Experience Cloud Services to Power Omnichannel Personalization; 22/05/2018 – Adobe Announces Magento Move to Beat Shopify: MageMail Analysis; 15/05/2018 – Adobe Accelerates Experience Design Growth With Starter Plan for Adobe XD; 21/05/2018 – Adobe Buys Magento for $1.7 Billion to Boost Commerce Ambitions; 27/03/2018 – Infogroup Announces Data Integration with Adobe Audience Marketplace; 27/03/2018 – Search Discovery Releases New Tools to Optimize the Adobe Launch Experience; 26/03/2018 – Wipro and Adobe Expand Partnership to Offer Enhanced Digital Services and Solutions

Marathon Asset Management Lp decreased its stake in Caesars Entmt Corp (CZR) by 4.64% based on its latest 2018Q1 regulatory filing with the SEC. Marathon Asset Management Lp sold 71,624 shares as the company’s stock declined 5.30% with the market. The institutional investor held 1.47 million shares of the hotels and resorts company at the end of 2018Q1, valued at $16.56M, down from 1.54M at the end of the previous reported quarter. Marathon Asset Management Lp who had been investing in Caesars Entmt Corp for a number of months, seems to be less bullish one the $6.65 billion market cap company. The stock decreased 1.01% or $0.1 during the last trading session, reaching $9.8. About 9.26M shares traded. Caesars Entertainment Corporation (NASDAQ:CZR) has risen 11.61% since August 12, 2017 and is uptrending. It has underperformed by 0.96% the S&P500. Some Historical CZR News: 13/04/2018 – Caesars Entertainment Announces Agreement to Bring Harrah’s-Branded Tribal Casino to Northern California; 25/04/2018 – Caesars Entertainment Announces Development of Caesars Palace Luxury Resort in Puerto Los Cabos, Baja, Mexico; 07/03/2018 – CAESARS ENTERTAINMENT CORP – QTRLY SHR $2.48; 02/05/2018 – Caesars Entertainment Announces Share Repurchase Authorization Of Up To $500 Million; 20/03/2018 – ‘@timseymour is rolling the dice on Caesars Entertainment in his Fast Pitch $CZR; 13/04/2018 – CAESARS ENTERTAINMENT CORP – THE PROPERTY IS EXPECTED TO OPEN IN 2019; 02/05/2018 – CAESARS ENTERTAINMENT BOARD OKS BUYBACK OF UP TO $500M SHRS; 07/03/2018 – Caesars Entertainment 4Q Same-Store Revenues Remained Flat; 02/05/2018 – CAESARS ENTERTAINMENT 1Q ADJ. EBITDAR $518M; 02/05/2018 – CAESARS ENTERTAINMENT 1Q NET REV. $1.97B

Investors sentiment decreased to 1.01 in 2018 Q1. Its down 3.39, from 4.4 in 2017Q4. It fall, as 49 investors sold CZR shares while 73 reduced holdings. 52 funds opened positions while 71 raised stakes. 650.61 million shares or 47.83% less from 1.25 billion shares in 2017Q4 were reported. Virtu Ltd Liability accumulated 0.02% or 33,028 shares. Fmr Ltd Liability reported 0.01% stake. Millennium Management holds 0.01% or 412,078 shares in its portfolio. Nokota Mngmt LP holds 1.13% in Caesars Entertainment Corporation (NASDAQ:CZR) or 7.33M shares. Jabre Capital Ptnrs Sa accumulated 930,000 shares. Ubs Asset Mgmt Americas Inc invested in 68,314 shares or 0% of the stock. Moreover, Ameriprise Fincl Incorporated has 0% invested in Caesars Entertainment Corporation (NASDAQ:CZR). Jane Street Grp Ltd Liability stated it has 0.01% in Caesars Entertainment Corporation (NASDAQ:CZR). Suntrust Banks Inc reported 0% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR). Eaton Vance Management holds 0.06% of its portfolio in Caesars Entertainment Corporation (NASDAQ:CZR) for 2.08M shares. Dupont Corporation has invested 0.03% in Caesars Entertainment Corporation (NASDAQ:CZR). Moreover, Owl Creek Asset Management Lp has 2.07% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 4.52 million shares. Gator Capital Limited Liability Corp has 0.52% invested in Caesars Entertainment Corporation (NASDAQ:CZR) for 47,500 shares. Us Commercial Bank De invested in 0% or 2,669 shares. Voya Invest Limited Liability Corp holds 0% or 60,641 shares.

Among 8 analysts covering Caesars Entertainment (NASDAQ:CZR), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Caesars Entertainment had 14 analyst reports since December 14, 2015 according to SRatingsIntel. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) earned “Buy” rating by SunTrust on Tuesday, October 24. The stock of Caesars Entertainment Corporation (NASDAQ:CZR) earned “Buy” rating by Oppenheimer on Tuesday, June 19. The firm has “Buy” rating given on Wednesday, March 7 by Nomura. The rating was initiated by Nomura on Friday, October 6 with “Hold”. SunTrust maintained it with “Buy” rating and $16.0 target in Monday, February 5 report. The rating was initiated by Oppenheimer with “Buy” on Wednesday, May 31. The stock has “Buy” rating by Oppenheimer on Tuesday, June 6. The rating was maintained by Bank of America with “Buy” on Thursday, August 2. The rating was maintained by Barclays Capital with “Underweight” on Monday, December 14.

More notable recent Caesars Entertainment Corporation (NASDAQ:CZR) news were published by: Seekingalpha.com which released: “Caesars Entertainment pushes ahead on sports betting” on July 30, 2018, also Seekingalpha.com with their article: “Wolfe Research sees Caesars as oversold” published on August 06, 2018, Nasdaq.com published: “Is Caesars Entertainment Stock Worth a Look on This Dip?” on August 02, 2018. More interesting news about Caesars Entertainment Corporation (NASDAQ:CZR) were released by: Benzinga.com and their article: “Bank Of America Appreciates Caesars Entertainment’s ‘Dramatically Restructured’ Balance Sheet” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Pennsylvania casinos petition for iGaming approval” with publication date: July 17, 2018.

Since March 20, 2018, it had 0 insider buys, and 3 sales for $325.71 million activity. Shares for $875,573 were sold by DONOVAN TIMOTHY R on Tuesday, May 15.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on September, 18. They expect $1.39 earnings per share, up 54.44% or $0.49 from last year’s $0.9 per share. ADBE’s profit will be $680.63M for 45.63 P/E if the $1.39 EPS becomes a reality. After $1.38 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.72% EPS growth.

Investors sentiment increased to 0.9 in 2018 Q1. Its up 0.01, from 0.89 in 2017Q4. It increased, 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. Hrt Financial Ltd Llc has 2,344 shares. Investment Counsel has 2.23% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Intrust Bancshares Na owns 0.44% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 7,122 shares. Connors Investor Ser, a Pennsylvania-based fund reported 56,055 shares. Tarbox Family Office reported 252 shares stake. Lockheed Martin Inv Mgmt Co has 0.12% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 13,400 shares. Suntrust Banks, a Georgia-based fund reported 46,816 shares. State Treasurer State Of Michigan holds 0.91% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 524,053 shares. Virginia-based Motley Fool Asset Mgmt Limited Company has invested 0.14% in Adobe Systems Incorporated (NASDAQ:ADBE). Pinnacle Financial Prtnrs has 0.05% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Riverhead Capital Mngmt Limited Liability Company owns 94,417 shares or 0.86% of their US portfolio. Sumitomo Mitsui Asset Mgmt Ltd invested in 41,323 shares. Investment Prtn Limited Oh Adv has invested 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE). E&G Limited Partnership reported 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE). Fiduciary Fincl Of The Southwest Incorporated Tx holds 0.19% or 2,899 shares.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Get into Bank Stocks Soon Because Inflation Is on the Way” on August 09, 2018, also Seekingalpha.com with their article: “Could Apple Still Be Undervalued? (With Investing City)” published on August 08, 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: Businesswire.com and their article: “Adobe Scan for Bixby Vision Debuts with Samsung Galaxy Note9” published on August 09, 2018 as well as Finance.Yahoo.com‘s news article titled: “The 5 Best Stocks to Buy for August” with publication date: July 31, 2018.

Since March 19, 2018, it had 0 insider purchases, and 12 selling transactions for $20.15 million activity. 5,000 shares were sold by WARNOCK JOHN E, worth $1.12 million. 2,940 shares were sold by Lewnes Ann, worth $658,148 on Thursday, March 22. $3.94M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by Rencher Bradley. On Monday, June 18 GESCHKE CHARLES M sold $1.53M worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 6,000 shares.

Caesars Entertainment Corporation (NASDAQ:CZR) Institutional Positions Chart

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