Analysts See $1.08 EPS for Churchill Downs (CHDN); Ardsley Advisory Partners Has Lifted Its Adobe Sys (ADBE) Stake

April 19, 2018 - By Dolores Ford

Adobe Systems Incorporated (NASDAQ:ADBE) Logo

Ardsley Advisory Partners increased Adobe Sys Inc (ADBE) stake by 22% reported in 2017Q4 SEC filing. Ardsley Advisory Partners acquired 11,000 shares as Adobe Sys Inc (ADBE)’s stock rose 22.17%. The Ardsley Advisory Partners holds 61,000 shares with $10.69 million value, up from 50,000 last quarter. Adobe Sys Inc now has $113.81B valuation. The stock decreased 0.03% or $0.06 during the last trading session, reaching $231.1. About 2.01M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 19, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Analysts expect Churchill Downs Incorporated (NASDAQ:CHDN) to report $1.08 EPS on April, 25.They anticipate $0.64 EPS change or 145.45% from last quarter’s $0.44 EPS. CHDN’s profit would be $14.30 million giving it 58.66 P/E if the $1.08 EPS is correct. After having $0.33 EPS previously, Churchill Downs Incorporated’s analysts see 227.27% EPS growth. The stock increased 3.72% or $9.1 during the last trading session, reaching $253.4. About 120,827 shares traded. Churchill Downs Incorporated (NASDAQ:CHDN) has risen 56.79% since April 19, 2017 and is uptrending. It has outperformed by 45.24% the S&P500.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It fall, as 47 investors sold ADBE shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported. Ngam Advisors LP accumulated 96,170 shares or 0.17% of the stock. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 7,507 shares. Tocqueville Asset Limited Partnership reported 0.18% stake. Colony Group Inc Limited Com holds 1,740 shares. Park Oh has invested 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Clifford Swan Counsel Lc accumulated 1,829 shares or 0.02% of the stock. East Coast Asset Mngmt Ltd Liability Com invested in 1,257 shares or 0.06% of the stock. Fincl Architects reported 3,091 shares or 0.09% of all its holdings. Cornerstone Advsr reported 27,000 shares or 0.54% of all its holdings. Point72 Asia (Hong Kong) Ltd stated it has 478 shares. 3,130 were accumulated by S&Co Inc. Oxbow Advisors Ltd Liability reported 1,703 shares. Tdam Usa invested in 0.08% or 7,917 shares. Reliance Of Delaware has 6,979 shares for 0.19% of their portfolio. Associated Banc reported 3,692 shares.

Ardsley Advisory Partners decreased Hannon Armstrong Sust Infr C (NYSE:HASI) stake by 112,863 shares to 1.00 million valued at $24.13 million in 2017Q4. It also reduced Clovis Oncology Inc (NASDAQ:CLVS) stake by 8,000 shares and now owns 104,500 shares. Parsley Energy Inc (NYSE:PE) was reduced too.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 157 analyst reports since August 11, 2015 according to SRatingsIntel. Canaccord Genuity maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Tuesday, August 22. Canaccord Genuity has “Buy” rating and $165.0 target. BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Tuesday, August 22 with “Buy” rating. The firm has “Neutral” rating given on Friday, March 18 by Credit Suisse. Stifel Nicolaus maintained the shares of ADBE in report on Monday, March 12 with “Buy” rating. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, October 19. Morgan Stanley maintained the shares of ADBE in report on Wednesday, September 21 with “Equal-Weight” rating. As per Wednesday, March 23, the company rating was maintained by Deutsche Bank. The stock has “Overweight” rating by Barclays Capital on Thursday, March 15. The stock has “Buy” rating by Argus Research on Wednesday, October 25. The stock has “Buy” rating by Dougherty & Company on Thursday, January 14.

Since October 20, 2017, it had 1 buying transaction, and 15 sales for $83.18 million activity. The insider GESCHKE CHARLES M sold 21,276 shares worth $3.97 million. THOMPSON MATTHEW had sold 50,775 shares worth $10.16 million on Friday, January 26. GARRETT MARK also sold $10.21M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. $32.66M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by NARAYEN SHANTANU. $3.63 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Rencher Bradley. Morris Donna had sold 29,404 shares worth $5.81M on Wednesday, January 24. On Wednesday, April 11 WARNOCK JOHN E sold $671,316 worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 3,000 shares.

Since March 7, 2018, it had 5 buys, and 1 insider sale for $6.49 million activity. The insider DUCHOSSOIS RICHARD L bought $501,009. Another trade for 35,000 shares valued at $9.49M was sold by HARRINGTON DANIEL P.

Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company. The company has market cap of $3.36 billion. It operates through Racing, Casinos, TwinSpires, Big Fish Games, and Other Investments divisions. It has a 28.86 P/E ratio. The firm operates racing facilities, such as Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 10 off-track betting facilities in Illinois; Fair Grounds Race Course in New Orleans along with 12 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida.

Among 5 analysts covering Churchill Downs (NASDAQ:CHDN), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Churchill Downs had 10 analyst reports since September 14, 2015 according to SRatingsIntel. The stock of Churchill Downs Incorporated (NASDAQ:CHDN) has “Outperform” rating given on Friday, February 26 by Telsey Advisory Group. The stock has “Outperform” rating by Imperial Capital on Monday, September 14. The rating was maintained by Telsey Advisory Group on Friday, August 5 with “Outperform”. On Friday, May 6 the stock rating was upgraded by Hilliard Lyons to “Buy”. The firm has “Outperform” rating by Telsey Advisory Group given on Monday, October 31. The firm has “Outperform” rating by Imperial Capital given on Friday, October 14. The stock of Churchill Downs Incorporated (NASDAQ:CHDN) has “Neutral” rating given on Thursday, September 22 by JP Morgan.

Churchill Downs Incorporated (NASDAQ:CHDN) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>