Hillswick Asset Management Stake In At&T (T) Was Has Boosted; As Adobe (ADBE) Share Value Declined, Holder Cullinan Associates Decreased by $774,720 Its Stake

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Hillswick Asset Management Llc increased its stake in At&T Inc (T) by 245.34% based on its latest 2018Q3 regulatory filing with the SEC. Hillswick Asset Management Llc bought 207,785 shares as the company’s stock declined 7.66% with the market. The institutional investor held 292,478 shares of the telecommunications equipment company at the end of 2018Q3, valued at $9.82M, up from 84,693 at the end of the previous reported quarter. Hillswick Asset Management Llc who had been investing in At&T Inc for a number of months, seems to be bullish on the $216.69 billion market cap company. The stock decreased 0.18% or $0.05 during the last trading session, reaching $29.76. About 18.88M shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since February 13, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 13/03/2018 – EX-DOJ OFFICIALS BACKED AT&T REQUEST TO PROBE WHITE HOUSE ROLE; 01/05/2018 – A merged T-Mobile and Sprint will still be smaller than AT&T or Verizon:; 13/05/2018 – good story detailing the stephenson-trump relationship: In hiring Michael Cohen, AT&T betrays a complicated relationship with Trump; 26/03/2018 – FCC’S PAI WOULD BAR USE OF FUNDS FROM $8.5 BLN UNIVERSAL SERVICE FUND FROM COMPANIES “THAT POSE A NATIONAL SECURITY THREAT” — STATEMENT; 30/03/2018 – Asurion Receives 2018 AT&T Supplier Award; 12/03/2018 – Buy Time Warner because there will be a bidding war for assets like HBO if AT&T deal is blocked: UBS; 13/03/2018 – Hedge Funds Too Optimistic on AT&T-Time Warner Deal: Gayeski (Video); 11/05/2018 – Cohen Episode Humbles AT&T’s Vaunted Washington Lobbying Corps; 30/04/2018 – U.S. Makes Final Pitch to Judge to Block AT&T’s Time Warner Deal; 29/04/2018 – T-Mobile seals blockbuster merger deal with Sprint, creating a ‘fierce competitor’ to AT&T, Verizon

Cullinan Associates Inc decreased its stake in Adobe (ADBE) by 8.01% based on its latest 2018Q3 regulatory filing with the SEC. Cullinan Associates Inc sold 2,880 shares as the company’s stock declined 8.02% with the market. The institutional investor held 33,085 shares of the prepackaged software company at the end of 2018Q3, valued at $8.93 million, down from 35,965 at the end of the previous reported quarter. Cullinan Associates Inc who had been investing in Adobe for a number of months, seems to be less bullish one the $127.10 billion market cap company. The stock decreased 0.30% or $0.78 during the last trading session, reaching $260.59. About 1.14 million shares traded. Adobe Inc. (NASDAQ:ADBE) has risen 39.79% since February 13, 2018 and is uptrending. It has outperformed by 39.79% the S&P500. Some Historical ADBE News: 15/03/2018 – ADOBE: MORE PEOPLE BUYING SUITES OF PRODUCTS RATHER THAN APPS; 21/05/2018 – PERMIRA ANNOUNCES SALE OF MAGENTO COMMERCE TO ADOBE FOR $1.68 BILLION; 15/03/2018 – ADOBE SYSTEMS INC ADBE.O : BAIRD RAISES TARGET PRICE TO $240 FROM $220; RATING OUTPERFORM; 16/04/2018 – ADOBE SAYS IS ACQUIRING SAYSPRING INC- BLOG; 15/03/2018 – ADOBE SYSTEMS INC ADBE.O : BARCLAYS RAISES TARGET PRICE TO $250 FROM $221; 26/03/2018 – Adobe and Microsoft Extend Global Partnership Into China; 14/03/2018 – Adobe Conference Call Scheduled By Aliya Capital for Mar. 22; 15/03/2018 – ADOBE 1Q DIGITAL EXPERIENCE REV. $554M; 27/03/2018 – Informatica Launches Support for Adobe Cloud Platform with New Connector; 15/03/2018 – ADOBE 1Q REV. $2.08B, EST. $2.05B

More notable recent AT&T Inc. (NYSE:T) news were published by: Fool.com which released: “Is AT&T a Buy After Its Fourth-Quarter 2018 Report? – Motley Fool” on February 11, 2019, also Seekingalpha.com with their article: “AT&T Is Getting Crushed By DirecTV – Seeking Alpha” published on January 30, 2019, Investorplace.com published: “10 Best Dividend Stocks to Buy for the Next 10 Months – Investorplace.com” on February 08, 2019. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T Vs. Verizon: One Clear Winner – Seeking Alpha” published on January 17, 2019 as well as Seekingalpha.com‘s news article titled: “AT&T -2% on weak Q4 wireless adds – Seeking Alpha” with publication date: January 30, 2019.

Among 37 analysts covering AT&T Inc. (NYSE:T), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. AT&T Inc. had 101 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by UBS to “Buy” on Friday, September 21. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. The company was maintained on Tuesday, August 22 by Jefferies. As per Monday, September 26, the company rating was upgraded by HSBC. Independent Research upgraded the shares of T in report on Tuesday, October 25 to “Hold” rating. KeyBanc Capital Markets maintained AT&T Inc. (NYSE:T) on Wednesday, October 11 with “Hold” rating. The rating was downgraded by Raymond James to “Market Perform” on Friday, July 13. The firm earned “Overweight” rating on Wednesday, June 27 by Morgan Stanley. JP Morgan maintained the shares of T in report on Tuesday, June 19 with “Neutral” rating. The company was maintained on Tuesday, July 25 by Oppenheimer.

Investors sentiment decreased to 1 in Q3 2018. Its down 1.31, from 2.31 in 2018Q2. It fall, as 97 investors sold T shares while 673 reduced holdings. 133 funds opened positions while 634 raised stakes. 3.52 billion shares or 3.17% less from 3.64 billion shares in 2018Q2 were reported. Mariner holds 343,538 shares or 0.3% of its portfolio. Moreover, Ledyard Savings Bank has 0.41% invested in AT&T Inc. (NYSE:T) for 107,082 shares. St Germain D J Incorporated has invested 0.42% in AT&T Inc. (NYSE:T). Garland Capital Management Incorporated reported 2.74% stake. 41,867 are held by First Mercantile Trust. Rhode Island-based Amica Pension Fund Board Of Trustees has invested 1.27% in AT&T Inc. (NYSE:T). Moreover, State Of Wisconsin Board has 0.74% invested in AT&T Inc. (NYSE:T) for 7.93 million shares. Tru Com Of Toledo Na Oh reported 0.72% in AT&T Inc. (NYSE:T). Swiss Savings Bank has 25.65M shares. Meridian Mgmt accumulated 15,425 shares. Cadinha Lc invested in 0.04% or 7,407 shares. Tru Of Vermont holds 1.19% in AT&T Inc. (NYSE:T) or 418,534 shares. Bbva Compass Bank & Trust stated it has 0.29% of its portfolio in AT&T Inc. (NYSE:T). San Francisco Sentry Inv Grp (Ca) holds 0.29% of its portfolio in AT&T Inc. (NYSE:T) for 23,426 shares. Centre Asset Mgmt Ltd Llc accumulated 307,040 shares or 2.39% of the stock.

Cullinan Associates Inc, which manages about $1.27 billion and $1.38 billion US Long portfolio, upped its stake in American Tower Reit (NYSE:AMT) by 5,500 shares to 50,205 shares, valued at $7.30 million in 2018Q3, according to the filing. It also increased its holding in Stryker (NYSE:SYK) by 7,190 shares in the quarter, for a total of 25,614 shares, and has risen its stake in Intel Corp (NASDAQ:INTC).

Analysts await Adobe Inc. (NASDAQ:ADBE) to report earnings on March, 21. They expect $1.26 earnings per share, down 1.56% or $0.02 from last year’s $1.28 per share. ADBE’s profit will be $614.54 million for 51.70 P/E if the $1.26 EPS becomes a reality. After $1.50 actual earnings per share reported by Adobe Inc. for the previous quarter, Wall Street now forecasts -16.00% negative EPS growth.

More notable recent Adobe Inc. (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Adobe Systems (ADBE) Stock Sinks As Market Gains: What You Should Know – Nasdaq” on February 01, 2019, also Seekingalpha.com with their article: “Adobe considers chipmaking – Axios – Seeking Alpha” published on February 06, 2019, Nasdaq.com published: “Adobe Systems (ADBE) Outpaces Stock Market Gains: What You Should Know – Nasdaq” on January 25, 2019. More interesting news about Adobe Inc. (NASDAQ:ADBE) were released by: Nasdaq.com and their article: “Why Is Adobe (ADBE) Down 4.2% Since Last Earnings Report? – Nasdaq” published on January 12, 2019 as well as Businesswire.com‘s news article titled: “Adobe Announces Organization Change – Business Wire” with publication date: January 24, 2019.

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 stock of Adobe Inc. (NASDAQ:ADBE) earned “Market Perform” rating by Wells Fargo on Friday, June 15. On Thursday, April 21 the stock rating was reinitiated by Credit Suisse with “Neutral”. The firm has “Sell” rating given on Monday, June 12 by Pivotal Research. The stock has “Buy” rating by Guggenheim on Friday, March 16. BMO Capital Markets maintained it with “Outperform” rating and $187 target in Thursday, October 19 report. The firm earned “Buy” rating on Thursday, October 19 by Canaccord Genuity. Jefferies maintained the shares of ADBE in report on Wednesday, September 20 with “Buy” rating. The company was maintained on Friday, March 18 by Goldman Sachs. S&P Research maintained Adobe Inc. (NASDAQ:ADBE) rating on Monday, September 21. S&P Research has “Hold” rating and $82 target. The stock has “Buy” rating by Canaccord Genuity on Wednesday, September 21.

Since August 15, 2018, it had 2 insider buys, and 13 selling transactions for $107.07 million activity. Lewnes Ann sold 2,910 shares worth $760,121. Another trade for 13,804 shares valued at $3.45 million was sold by Morris Donna. 21,258 Adobe Inc. (NASDAQ:ADBE) shares with value of $4.95 million were sold by GESCHKE CHARLES M. Another trade for 75 shares valued at $19,607 was made by Ricks David A on Monday, September 24. THOMPSON MATTHEW sold $10.19M worth of stock or 41,560 shares. Parasnis Abhay sold 25,000 shares worth $6.00 million.

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