Cacti Asset Management Has Trimmed By $390,000 Its Bank Of New York Mellon (BK) Stake; Parametric Portfolio Associates Raised By $14.23 Million Its Adobe Systems (ADBE) Holding

Parametric Portfolio Associates Llc increased Adobe Systems Inc (ADBE) stake by 7.04% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc acquired 95,484 shares as Adobe Systems Inc (ADBE)’s stock rose 14.01%. The Parametric Portfolio Associates Llc holds 1.45M shares with $216.54M value, up from 1.36M last quarter. Adobe Systems Inc now has $103.13 billion valuation. The stock increased 1.82% or $3.76 during the last trading session, reaching $209.79. About 2.62M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since March 5, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Cacti Asset Management Llc decreased Bank Of New York Mellon Corp (BK) stake by 1.07% reported in 2017Q3 SEC filing. Cacti Asset Management Llc sold 7,500 shares as Bank Of New York Mellon Corp (BK)’s stock declined 1.27%. The Cacti Asset Management Llc holds 691,615 shares with $36.49M value, down from 699,115 last quarter. Bank Of New York Mellon Corp now has $56.11 billion valuation. The stock decreased 0.25% or $0.14 during the last trading session, reaching $55.37. About 5.40M shares traded or 19.83% up from the average. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since March 5, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Analysts await The Bank of New York Mellon Corporation (NYSE:BK) to report earnings on April, 19. They expect $0.96 earnings per share, up 20.00% or $0.16 from last year’s $0.8 per share. BK’s profit will be $972.90 million for 14.42 P/E if the $0.96 EPS becomes a reality. After $0.91 actual earnings per share reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts 5.49% EPS growth.

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 12 have Buy rating, 3 Sell and 10 Hold. Therefore 48% are positive. The Bank Of New York Mellon Corporation has $65.0 highest and $5 lowest target. $52.10’s average target is -5.91% below currents $55.37 stock price. The Bank Of New York Mellon Corporation had 74 analyst reports since July 22, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded the shares of BK in report on Friday, January 20 to “Mkt Perform” rating. The firm earned “Hold” rating on Tuesday, December 12 by Keefe Bruyette & Woods. On Friday, January 19 the stock rating was downgraded by JP Morgan to “Underweight”. Raymond James upgraded The Bank of New York Mellon Corporation (NYSE:BK) rating on Wednesday, December 28. Raymond James has “Strong Buy” rating and $5 target. Argus Research maintained the shares of BK in report on Tuesday, July 21 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Friday, September 15. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 3. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Buy” rating given on Friday, September 9 by Deutsche Bank. The stock has “Hold” rating by Jefferies on Monday, July 10. RBC Capital Markets maintained the shares of BK in report on Monday, November 13 with “Hold” rating.

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.12, from 0.89 in 2017Q2. It increased, as 34 investors sold BK shares while 306 reduced holdings. 90 funds opened positions while 254 raised stakes. 832.75 million shares or 0.16% more from 831.44 million shares in 2017Q2 were reported. Tiaa Cref Inv Mngmt Limited Liability invested 0.2% in The Bank of New York Mellon Corporation (NYSE:BK). Pekin Singer Strauss Asset Mngmt Il reported 82,134 shares. Meeder Asset Management Inc reported 116,818 shares or 0.67% of all its holdings. Forte Cap Limited Liability Com Adv holds 12,289 shares. Longview Prns (Guernsey) holds 17.38M shares or 4.98% of its portfolio. Leuthold Group Limited Com reported 0.46% stake. Loeb Prtnrs reported 3.66% in The Bank of New York Mellon Corporation (NYSE:BK). Texas Permanent School Fund holds 0.19% or 286,319 shares. 71,621 are held by Raymond James Fincl. Montag A & Assocs has invested 0.51% in The Bank of New York Mellon Corporation (NYSE:BK). Wealthtrust Axiom Limited Liability Co stated it has 5,877 shares. Salem stated it has 4,643 shares or 0.13% of all its holdings. Wellington Shields Capital Mngmt Ltd Liability Corp holds 0.05% or 7,130 shares in its portfolio. Quantitative Invest Mngmt Llc accumulated 487,100 shares. Barclays Plc invested in 528,987 shares.

Cacti Asset Management Llc increased American Express Co (NYSE:AXP) stake by 13,155 shares to 571,507 valued at $51.14 million in 2017Q3. It also upped Kkr & Co Lp Del (NYSE:KKR) stake by 43,000 shares and now owns 183,000 shares. Allergan Plc was raised too.

Since September 13, 2017, it had 1 insider purchase, and 14 sales for $79.49 million activity. Lewnes Ann sold $338,846 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, December 13. $379,784 worth of stock was sold by THOMPSON MATTHEW on Monday, October 23. GESCHKE CHARLES M had sold 21,276 shares worth $3.97M on Wednesday, January 10. On Wednesday, January 24 the insider Morris Donna sold $5.81 million. GARRETT MARK sold $10.21 million worth of stock or 54,488 shares. NARAYEN SHANTANU also sold $32.66M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. Rencher Bradley also sold $3.63 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It increased, 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. Busey Trust Communication holds 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE) or 2,197 shares. Omega Advisors has 145,000 shares for 0.84% of their portfolio. Minnesota-based Wealth Enhancement Advisory Services Ltd has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Kbc Group Nv invested in 314,519 shares. Whittier Trust Commerce Of Nevada invested in 5,555 shares or 0.08% of the stock. Oppenheimer Asset Mgmt Incorporated holds 79,931 shares or 0.31% of its portfolio. Mufg Americas Corp holds 57,914 shares. Lmr Partners Llp owns 5,515 shares. Perkins Coie Comm has 800 shares for 0.06% of their portfolio. Adirondack Trust Co has invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Trust Communication Of Virginia Va reported 1,400 shares. Sheets Smith Wealth Mngmt has invested 0.35% in Adobe Systems Incorporated (NASDAQ:ADBE). Foundry Partners Limited Co accumulated 1,695 shares or 0.01% of the stock. Firsthand Capital Incorporated invested 1.99% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Jane Street Gru Ltd Llc has 0.05% invested in Adobe Systems Incorporated (NASDAQ:ADBE).