Cbs New (CBS) Holder Redwood Capital Management Upped Position; As Adobe (ADBE) Valuation Rose, Suvretta Capital Management Has Trimmed Its Holding

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Redwood Capital Management Llc increased its stake in Cbs Corp New (CBS) by 16.42% based on its latest 2018Q4 regulatory filing with the SEC. Redwood Capital Management Llc bought 54,200 shares as the company’s stock declined 9.12% while stock markets rallied. The hedge fund held 384,200 shares of the broadcasting company at the end of 2018Q4, valued at $16.80 million, up from 330,000 at the end of the previous reported quarter. Redwood Capital Management Llc who had been investing in Cbs Corp New for a number of months, seems to be bullish on the $19.64 billion market cap company. The stock increased 0.36% or $0.19 during the last trading session, reaching $52.43. About 567,435 shares traded. CBS Corporation (NYSE:CBS) has declined 3.84% since April 17, 2018 and is downtrending. It has underperformed by 8.21% the S&P500. Some Historical CBS News: 25/05/2018 – CBS Corporation Announces Quarterly Dividend; 03/04/2018 – CBS chief Les Moonves is seen staying at the combined company for at least two years; 09/04/2018 – Viacom asks CBS to raise its bid by $2.8 billion; 17/05/2018 – CBS votes to end Redstone control, needs court approval; 30/05/2018 – DUTCH MAY MANUFACTURING CONFIDENCE +9.8 PTS AFTER +8.2 PTS IN APRIL – CBS; 15/05/2018 – Netanyahu again defends response to Gaza protests, blames Hamas -CBS; 26/04/2018 – CBS 2: Ford Dropping Fiesta, Taurus, Fusion Its North American Dealerships; 29/05/2018 – Recode: Shari Redstone’s endgame for CBS and Viacom is clear in this new complaint; 04/04/2018 – CBS bid for Viacom was immediately rejected, sources tell CNBC; 23/05/2018 – THERANOS SAYS CBS `60 MINUTES’ STORY `MISLEADING & INCOMPLETE’

Suvretta Capital Management Llc decreased its stake in Adobe Inc (ADBE) by 1.99% based on its latest 2018Q4 regulatory filing with the SEC. Suvretta Capital Management Llc sold 19,777 shares as the company’s stock rose 3.59% with the market. The hedge fund held 976,145 shares of the prepackaged software company at the end of 2018Q4, valued at $220.84M, down from 995,922 at the end of the previous reported quarter. Suvretta Capital Management Llc who had been investing in Adobe Inc for a number of months, seems to be less bullish one the $131.43 billion market cap company. The stock decreased 0.77% or $2.08 during the last trading session, reaching $269.35. About 786,439 shares traded. Adobe Inc. (NASDAQ:ADBE) has risen 25.30% since April 17, 2018 and is uptrending. It has outperformed by 20.93% the S&P500. Some Historical ADBE News: 27/03/2018 – New ContentSquare Integration With Adobe Analytics Cloud Unlocks Enhanced Revenue Attribution to Customers’ Investments in UX and In-Page Content; 21/05/2018 – ADOBE SYSTEMS INC – UPON CLOSE OF DEAL, MAGENTO CEO MARK LAVELLE WILL CONTINUE TO LEAD MAGENTO TEAM AS PART OF ADOBE’S DIGITAL EXPERIENCE BUSINESS; 27/03/2018 – ADOBE: MACHINE LEARNING TO HELP CUSTOMERS COMPLY WITH EU’S GDPR; 13/03/2018 – lnvoca Becomes Premier Level Partner In Adobe Exchange Partner Program; 21/05/2018 – PERMIRA SAYS HILLHOUSE CAPITAL, ASIA-FOCUSED INVESTMENT FIRM, WILL ALSO SELL ITS STAKE IN MAGENTO TO ADOBE; 21/05/2018 – ADOBE TO BUY MAGENTO COMMERCE; 21/05/2018 – Adobe To Acquire Magento Commerce; 27/03/2018 – Adobe Advertising Cloud Gets “Creative”; 27/03/2018 – ADOBE TO BOOST MARKETING ANALYTICS WITH MORE APP INTEGRATIONS; 15/05/2018 – DUQUESNE ADDED INTC, BABA, MU, NFLX, ADBE IN 1Q: 13F

Investors sentiment decreased to 0.93 in Q4 2018. Its down 0.05, from 0.98 in 2018Q3. It dived, as 74 investors sold ADBE shares while 408 reduced holdings. 120 funds opened positions while 326 raised stakes. 439.45 million shares or 13.78% more from 386.22 million shares in 2018Q3 were reported. Da Davidson And Company, a Montana-based fund reported 37,240 shares. Private Asset holds 0.06% or 1,450 shares in its portfolio. Avalon Advisors Limited Liability Company stated it has 105,454 shares. Meritage Portfolio Management holds 0.82% or 31,760 shares in its portfolio. Mckinley Carter Wealth Inc accumulated 1,421 shares. Pennsylvania Tru Co has 0.97% invested in Adobe Inc. (NASDAQ:ADBE). Dodge Cox has 45,010 shares. Patten & Patten Tn invested 1.32% in Adobe Inc. (NASDAQ:ADBE). Van Eck Associates stated it has 0.03% of its portfolio in Adobe Inc. (NASDAQ:ADBE). Daiwa Group reported 0.07% stake. Qcm Cayman has 971 shares for 0.9% of their portfolio. Retirement Systems Of Alabama reported 0.28% stake. Fairfield Bush & Co invested in 7,420 shares or 0.58% of the stock. Aperio Grp Limited Liability Com reported 0.39% of its portfolio in Adobe Inc. (NASDAQ:ADBE). Sva Plumb Wealth Mgmt Limited Co owns 0.02% invested in Adobe Inc. (NASDAQ:ADBE) for 907 shares.

Suvretta Capital Management Llc, which manages about $998.31M and $1.68B US Long portfolio, upped its stake in Copart Inc (NASDAQ:CPRT) by 753,800 shares to 799,200 shares, valued at $38.19 million in 2018Q4, according to the filing.

More notable recent Adobe Inc. (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “SPYG, MA, NFLX, ADBE: ETF Inflow Alert – Nasdaq” on April 15, 2019, also Nasdaq.com with their article: “ADBE is Climbing Above Resistance at Around $265 – Nasdaq” published on March 27, 2019, Nasdaq.com published: “Microsoft Could Evolve Into Shopify’s Newest Competitor – Nasdaq” on April 07, 2019. More interesting news about Adobe Inc. (NASDAQ:ADBE) were released by: Nasdaq.com and their article: “The Zacks Analyst Blog Highlights: Merck, Adobe, Broadcom, AstraZeneca and Ross Stores – Nasdaq” published on March 19, 2019 as well as Seekingalpha.com‘s news article titled: “Adobe Delivers Via PaaS – Seeking Alpha” with publication date: March 26, 2019.

Since November 1, 2018, it had 1 buy, and 11 sales for $105.54 million activity. The insider NARAYEN SHANTANU sold $34.32 million. Another trade for 13,804 shares valued at $3.45 million was sold by Morris Donna. On Wednesday, January 30 Lewnes Ann sold $720,480 worth of Adobe Inc. (NASDAQ:ADBE) or 3,000 shares. $7.39M worth of stock was sold by Rencher Bradley on Thursday, January 31. Shares for $6.00 million were sold by Parasnis Abhay on Wednesday, January 30. 41,560 shares were sold by THOMPSON MATTHEW, worth $10.19 million on Thursday, January 24.

Since October 31, 2018, it had 0 buys, and 1 sale for $467,276 activity.

Redwood Capital Management Llc, which manages about $7.54B and $1.19 billion US Long portfolio, decreased its stake in Viacom Inc New (NASDAQ:VIAB) by 415,000 shares to 25,000 shares, valued at $643,000 in 2018Q4, according to the filing. It also reduced its holding in Altaba Inc by 188,475 shares in the quarter, leaving it with 5.80 million shares, and cut its stake in General Mtrs Co (NYSE:GM).

More notable recent CBS Corporation (NYSE:CBS) news were published by: Seekingalpha.com which released: “CBS: A Tradition Unlike Any Other (Video) – Seeking Alpha” on April 13, 2019, also Seekingalpha.com with their article: “Benchmark: CBS underrated against positive backdrop – Seeking Alpha” published on April 11, 2019, Benzinga.com published: “RBC: Renewed CBS Merger Possibility Brings Viacom Upgrade (NASDAQ:VIAB)(NYSE:CBS) – Benzinga” on April 05, 2019. More interesting news about CBS Corporation (NYSE:CBS) were released by: Fool.com and their article: “Can Jordan Peele’s “Twilight Zone” Save CBS? – Motley Fool” published on April 01, 2019 as well as Bizjournals.com‘s news article titled: “CBS says former chief Moonves forfeited $34.5M in stock awards – New York Business Journal” with publication date: April 15, 2019.

Investors sentiment decreased to 0.85 in 2018 Q4. Its down 0.07, from 0.92 in 2018Q3. It worsened, as 69 investors sold CBS shares while 202 reduced holdings. 72 funds opened positions while 158 raised stakes. 207.79 million shares or 10.36% less from 231.79 million shares in 2018Q3 were reported. Metropolitan Life Insurance Co Ny invested in 0.06% or 65,667 shares. World Asset Mngmt Incorporated owns 0.07% invested in CBS Corporation (NYSE:CBS) for 25,639 shares. Sterling Management Limited Liability has invested 1.11% in CBS Corporation (NYSE:CBS). Moreover, South Dakota Investment Council has 0.47% invested in CBS Corporation (NYSE:CBS). Fmr Limited invested 0% of its portfolio in CBS Corporation (NYSE:CBS). Sun Life Fincl stated it has 0.01% of its portfolio in CBS Corporation (NYSE:CBS). Pinnacle Limited invested in 301,899 shares. 19 were accumulated by Advisors Asset Mngmt. First Mercantile Trust Communication owns 2,640 shares. Valley Advisers Inc invested in 90 shares or 0% of the stock. Brinker Capital Incorporated holds 28,998 shares. Us National Bank De accumulated 0% or 30 shares. Sandy Spring Bankshares has invested 0% in CBS Corporation (NYSE:CBS). 355,279 were accumulated by Philadelphia Trust Company. Hbk Sorce Advisory reported 0.05% stake.

CBS Corporation (NYSE:CBS) Institutional Positions Chart