Hitchwood Capital Management LP Trimmed Stake in Adobe Sys (ADBE) by $43.04 Million as Valuation Declined; Moon Capital Management LP Trimmed Its Walmart (WMT) Stake by $9.63 Million; Market Valuation Declined

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Moon Capital Management Lp decreased its stake in Walmart Inc (WMT) by 48.68% based on its latest 2018Q3 regulatory filing with the SEC. Moon Capital Management Lp sold 103,495 shares as the company’s stock declined 3.05% with the market. The hedge fund held 109,128 shares of the consumer services company at the end of 2018Q3, valued at $10.25M, down from 212,623 at the end of the previous reported quarter. Moon Capital Management Lp who had been investing in Walmart Inc for a number of months, seems to be less bullish one the $277.69B market cap company. The stock decreased 1.19% or $1.15 during the last trading session, reaching $95.58. About 6.17M shares traded. Walmart Inc. (NYSE:WMT) has declined 2.93% since February 9, 2018 and is downtrending. It has underperformed by 2.93% the S&P500. Some Historical WMT News: 12/04/2018 – WALMART TO SPEND ABOUT $200M OVER NEXT YEAR IN FLORIDA; 10/05/2018 – Walmart gears up for global deals spree; 07/05/2018 – Walmart likely to announce Flipkart deal before end of week; 24/04/2018 – Walmart Partners With DoorDash For Home Delivery — MarketWatch; 29/03/2018 – Greg Roumeliotis: Walmart discussing closer ties with Humana, including possible acquisition; 14/03/2018 – American Cannabis Company, Inc. Secures New Online Distribution Channels with Walmart, The Home Depot and Amazon for SoHum Living Soils and Dr. Maríjane Root Probiotic; 20/04/2018 – Walmart could buy controlling stake in Flipkart as early as next week; 02/04/2018 – WALMART IS SAID TO BE LOOKING AT BUYING PILLPACK: CNBC; 10/05/2018 – SOFTBANK UNDECIDED ON SELLING FLIPKART STAKE TO WALMART: ET; 25/04/2018 – WALMART SAID IT WOULD CUT CEO’S BONUS LAST YEAR AND THEN DIDN’T

Hitchwood Capital Management Lp decreased its stake in Adobe Sys Inc (ADBE) by 76.19% based on its latest 2018Q3 regulatory filing with the SEC. Hitchwood Capital Management Lp sold 160,000 shares as the company’s stock declined 8.02% with the market. The institutional investor held 50,000 shares of the prepackaged software company at the end of 2018Q3, valued at $13.50 million, down from 210,000 at the end of the previous reported quarter. Hitchwood Capital Management Lp who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $125.35B market cap company. The stock increased 1.28% or $3.26 during the last trading session, reaching $257. About 2.76 million shares traded. Adobe Inc. (NASDAQ:ADBE) has risen 39.79% since February 9, 2018 and is uptrending. It has outperformed by 39.79% the S&P500. Some Historical ADBE News: 13/04/2018 – ADOBE NAMES DAVID A. RICKS TO BOARD, BOOSTING BOARD TO 11; 26/03/2018 – Adobe and Microsoft Extend Global Partnership Into China; 10/04/2018 – GlobalSign Joins Cloud Signature Consortium and Adobe Cloud Signature Partner Program; 18/05/2018 – Document Management Software 2018: Global Procurement Market Intelligence Report – Top Five Players are Adobe, OpenText, Dropbox, HP, and Oracle – ResearchAndMarkets.com; 27/03/2018 – HS2 Solutions Receives Adobe Emerging Partner of the Year Award for 2017 at Adobe Summit; 26/04/2018 – US Gov Printing: Desktop Publishing – 508 Compliance using Adobe Acrobat with MS Word; 06/04/2018 – CFO Moves: Adobe Systems; 26/03/2018 – MEDIA ALERT: Adobe and Microsoft Extend Global Partnership Into China; 27/03/2018 – ADOBE TOUTS USE OF AI TO BUY SEARCH, DISPLAY AND VIDEO ADS; 06/04/2018 – The CEOs from Microsoft, Adobe, and Mastercard have all graduated from this high school. via @CNBCMakeIt

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Streetinsider.com which released: “CVS Health (CVS), Walmart (WMT) Announce New PBM Pharmacy Network Agreement – StreetInsider.com” on January 18, 2019, also Seekingalpha.com with their article: “Walmart Likely To Report Strong E-Commerce Growth – Seeking Alpha” published on February 04, 2019, 247Wallst.com published: “Walmart Drops Prices 50% to Clear Inventory – 24/7 Wall St.” on January 13, 2019. More interesting news about Walmart Inc. (NYSE:WMT) were released by: and their article: “10 Best Dividend Stocks to Buy for the Next 10 Months – Yahoo Finance” published on February 08, 2019 as well as Seekingalpha.com‘s news article titled: “How Walmart Could Beat Amazon – Seeking Alpha” with publication date: January 22, 2019.

Moon Capital Management Lp, which manages about $2.17B and $203.93 million US Long portfolio, upped its stake in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 216,646 shares to 309,100 shares, valued at $4.64 million in 2018Q3, according to the filing. It also increased its holding in General Mtrs Co (NYSE:GM) by 209,542 shares in the quarter, for a total of 343,626 shares, and has risen its stake in Cosan Ltd (NYSE:CZZ).

Since August 17, 2018, it had 0 buys, and 57 sales for $5.44 billion activity. On Monday, August 20 the insider Bartlett Daniel J sold $277,497. WALTON ALICE L had sold 600,000 shares worth $57.22M. $1.17 million worth of Walmart Inc. (NYSE:WMT) was sold by McKenna Judith J on Thursday, September 6. 644,405 Walmart Inc. (NYSE:WMT) shares with value of $60.64 million were sold by WALTON S ROBSON. Canney Jacqueline P had sold 4,026 shares worth $394,347 on Monday, November 19. $904,964 worth of Walmart Inc. (NYSE:WMT) was sold by Furner John R..

Among 39 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 19 have Buy rating, 0 Sell and 20 Hold. Therefore 49% are positive. Wal-Mart Stores Inc had 177 analyst reports since August 14, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of WMT in report on Thursday, August 17 with “Buy” rating. RBC Capital Markets maintained the shares of WMT in report on Friday, August 19 with “Underperform” rating. As per Monday, October 2, the company rating was maintained by Robert W. Baird. The stock of Walmart Inc. (NYSE:WMT) has “Equal-Weight” rating given on Friday, August 17 by Morgan Stanley. The firm has “Buy” rating by Deutsche Bank given on Friday, November 16. The firm has “Hold” rating given on Monday, February 12 by RBC Capital Markets. The firm earned “Equal-Weight” rating on Monday, February 26 by Morgan Stanley. The firm has “Hold” rating by Deutsche Bank given on Friday, August 17. Stephens maintained the shares of WMT in report on Thursday, February 22 with “Overweight” rating. Stifel Nicolaus maintained Walmart Inc. (NYSE:WMT) on Wednesday, October 11 with “Hold” rating.

Investors sentiment decreased to 1.02 in 2018 Q3. Its down 0.11, from 1.13 in 2018Q2. It fall, as 37 investors sold WMT shares while 534 reduced holdings. 130 funds opened positions while 455 raised stakes. 827.80 million shares or 1.41% less from 839.67 million shares in 2018Q2 were reported. Tiemann Limited Liability Co stated it has 3,110 shares. Stone Ridge Asset Mgmt Ltd Liability Corporation invested in 265,601 shares or 1.34% of the stock. Wendell David Assoc invested 0.45% of its portfolio in Walmart Inc. (NYSE:WMT). Park Circle owns 0.94% invested in Walmart Inc. (NYSE:WMT) for 16,000 shares. Daiwa Sb Ltd holds 0.01% or 510 shares. Grassi Investment Mgmt accumulated 0.42% or 30,082 shares. Dixon Hubard Feinour & Brown Incorporated Va has invested 0.12% in Walmart Inc. (NYSE:WMT). Carret Asset Lc reported 0.82% stake. Cubist Systematic Strategies Limited Liability Company has 91,998 shares for 0.47% of their portfolio. Perkins Coie Trust invested 0.05% of its portfolio in Walmart Inc. (NYSE:WMT). Farmers Trust reported 71,387 shares or 1.89% of all its holdings. Sterling Inv Mngmt has 24,218 shares for 1.65% of their portfolio. Evanston Dba Evanston Advsr holds 21,941 shares. Sawgrass Asset Mgmt Ltd owns 4,215 shares or 0.02% of their US portfolio. Hilton Capital Mngmt Limited Liability reported 3,573 shares.

Analysts await Walmart Inc. (NYSE:WMT) to report earnings on February, 19. They expect $1.32 earnings per share, down 0.75% or $0.01 from last year’s $1.33 per share. WMT’s profit will be $3.83 billion for 18.10 P/E if the $1.32 EPS becomes a reality. After $1.08 actual earnings per share reported by Walmart Inc. for the previous quarter, Wall Street now forecasts 22.22% EPS growth.

Investors sentiment increased to 0.98 in 2018 Q3. Its up 0.01, from 0.97 in 2018Q2. It improved, as 40 investors sold ADBE shares while 419 reduced holdings. 134 funds opened positions while 316 raised stakes. 386.22 million shares or 3.00% less from 398.19 million shares in 2018Q2 were reported. 710 are owned by Cwm Limited Liability Corporation. Third Point Ltd Liability Corporation stated it has 900,000 shares. Halbert Hargrove Russell Limited Liability Company reported 1,235 shares. 2,521 are held by Shine Investment Advisory Svcs Incorporated. Gabelli Funds Ltd Liability Co stated it has 0.17% in Adobe Inc. (NASDAQ:ADBE). Oxbow Advsrs reported 903 shares. Rosenblum Silverman Sutton S F Ca owns 50,114 shares for 4.48% of their portfolio. Moreover, Plante Moran Fin Ltd Com has 0.11% invested in Adobe Inc. (NASDAQ:ADBE). Moreover, Cohen Klingenstein Ltd has 1.33% invested in Adobe Inc. (NASDAQ:ADBE). 710 are held by Cap Advisors Limited Limited Liability Corporation. Gsa Ptnrs Llp holds 0.3% in Adobe Inc. (NASDAQ:ADBE) or 20,454 shares. Mcf Advsr Limited Com, Kentucky-based fund reported 46 shares. Nichols & Pratt Advisers Ltd Liability Partnership Ma accumulated 0.15% or 6,905 shares. C M Bidwell Assoc Limited owns 1.08% invested in Adobe Inc. (NASDAQ:ADBE) for 4,225 shares. Private Asset Mngmt reported 0.06% in Adobe Inc. (NASDAQ:ADBE).

Among 41 analysts covering Adobe Systems (NASDAQ:ADBE), 27 have Buy rating, 0 Sell and 14 Hold. Therefore 66% are positive. Adobe Systems had 185 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, December 11 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained Adobe Inc. (NASDAQ:ADBE) on Friday, September 14 with “Overweight” rating. On Friday, September 18 the stock rating was maintained by Jefferies with “Buy”. On Thursday, January 14 the stock rating was initiated by Dougherty & Company with “Buy”. Pivotal Research upgraded the shares of ADBE in report on Thursday, October 19 to “Hold” rating. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 27. The rating was maintained by Jefferies with “Buy” on Wednesday, September 20. Credit Suisse upgraded it to “Outperform” rating and $150 target in Friday, March 24 report. As per Friday, March 18, the company rating was maintained by Citigroup. The rating was maintained by Bank of America with “Buy” on Wednesday, December 13.

Hitchwood Capital Management Lp, which manages about $657.83M and $7.08 billion US Long portfolio, upped its stake in Roku Inc by 364,793 shares to 1.00M shares, valued at $73.03M in 2018Q3, according to the filing. It also increased its holding in Etsy Inc by 103,751 shares in the quarter, for a total of 900,000 shares, and has risen its stake in Wayfair Inc (NYSE:W).

Analysts await Adobe Inc. (NASDAQ:ADBE) to report earnings on March, 21. They expect $1.26 EPS, down 1.56% or $0.02 from last year’s $1.28 per share. ADBE’s profit will be $614.54M for 50.99 P/E if the $1.26 EPS becomes a reality. After $1.50 actual EPS reported by Adobe Inc. for the previous quarter, Wall Street now forecasts -16.00% negative EPS growth.

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