Polen Capital Management Raised By $33.72 Million Its Adobe Sys (ADBE) Stake; Eaton Vance Tax Advantaged Global Dividend Income Fund (ETG) Sentiment Is 1.83

February 24, 2018 - By Michael Collier

The stock increased 0.77% or $0.13 during the last trading session, reaching $17.09. About 119,092 shares traded. Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) has risen 16.67% since February 24, 2017 and is uptrending. It has underperformed by 0.03% the S&P500.

Polen Capital Management Llc increased Adobe Sys Inc (ADBE) stake by 3.73% reported in 2017Q3 SEC filing. Polen Capital Management Llc acquired 226,286 shares as Adobe Sys Inc (ADBE)’s stock rose 14.01%. The Polen Capital Management Llc holds 6.29M shares with $938.17 million value, up from 6.06M last quarter. Adobe Sys Inc now has $103.10 billion valuation. The stock increased 3.52% or $7.13 during the last trading session, reaching $209.74. About 2.35 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 24, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Wealthtrust Axiom Llc holds 1.71% of its portfolio in Eaton Vance Tax-Advantaged Global Dividend Income Fund for 260,830 shares. Shaker Financial Services Llc owns 109,661 shares or 1% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 0.55% invested in the company for 359,411 shares. The New York-based Focused Wealth Management Inc has invested 0.52% in the stock. Vident Investment Advisory Llc, a Georgia-based fund reported 552,706 shares.

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. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Outperform” rating given on Wednesday, September 21 by RBC Capital Markets. Stifel Nicolaus maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, November 10 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Tuesday, June 20. The firm has “Buy” rating given on Tuesday, August 22 by Canaccord Genuity. Piper Jaffray maintained it with “Buy” rating and $18000 target in Sunday, August 6 report. The company was maintained on Thursday, October 19 by Canaccord Genuity. The firm has “Outperform” rating by Cowen & Co given on Friday, June 24. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, December 11. Canaccord Genuity maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, December 14 with “Buy” rating. Rosenblatt maintained it with “Buy” rating and $120 target in Wednesday, June 22 report.

Polen Capital Management Llc decreased Align Technology Inc (NASDAQ:ALGN) stake by 297,394 shares to 3.07M valued at $570.95 million in 2017Q3. It also reduced Tjx Cos Inc New (NYSE:TJX) stake by 214,708 shares and now owns 3,645 shares. Visa Inc (NYSE:V) was reduced too.

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