Private Asset Management Has Lowered Adobe Systems (ADBE) Position; Barrow Hanley Mewhinney & Strauss Decreased Its Norfolk Southern (NSC) Holding

Barrow Hanley Mewhinney & Strauss Llc decreased Norfolk Southern Corp (NSC) stake by 5.48% reported in 2017Q3 SEC filing. Barrow Hanley Mewhinney & Strauss Llc sold 87,317 shares as Norfolk Southern Corp (NSC)’s stock declined 7.75%. The Barrow Hanley Mewhinney & Strauss Llc holds 1.51M shares with $199.32M value, down from 1.59M last quarter. Norfolk Southern Corp now has $43.78B valuation. The stock decreased 0.87% or $1.34 during the last trading session, reaching $153. About 2.49 million shares traded or 68.15% up from the average. Norfolk Southern Corporation (NYSE:NSC) has risen 34.32% since January 17, 2017 and is uptrending. It has outperformed by 17.62% the S&P500.

Private Asset Management Inc decreased Adobe Systems Inc (ADBE) stake by 85.1% reported in 2017Q3 SEC filing. Private Asset Management Inc sold 1,234 shares as Adobe Systems Inc (ADBE)’s stock rose 14.01%. The Private Asset Management Inc holds 216 shares with $216,000 value, down from 1,450 last quarter. Adobe Systems Inc now has $94.87 billion valuation. The stock decreased 1.33% or $2.59 during the last trading session, reaching $192.46. About 4.60M shares traded or 57.86% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 17, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Barrow Hanley Mewhinney & Strauss Llc increased Crocs Inc (NASDAQ:CROX) stake by 200,974 shares to 208,456 valued at $2.02M in 2017Q3. It also upped Kosmos Energy Ltd (NYSE:KOS) stake by 1.41M shares and now owns 6.88M shares. Nielsen Holdings Plc was raised too.

Analysts await Norfolk Southern Corporation (NYSE:NSC) to report earnings on January, 24. They expect $1.55 earnings per share, up 9.15% or $0.13 from last year’s $1.42 per share. NSC’s profit will be $443.53M for 24.68 P/E if the $1.55 EPS becomes a reality. After $1.75 actual earnings per share reported by Norfolk Southern Corporation for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Among 29 analysts covering Norfolk Southern Corp. (NYSE:NSC), 6 have Buy rating, 6 Sell and 17 Hold. Therefore 21% are positive. Norfolk Southern Corp. has $165.0 highest and $74 lowest target. $120.86’s average target is -21.01% below currents $153 stock price. Norfolk Southern Corp. had 86 analyst reports since July 28, 2015 according to SRatingsIntel. BMO Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) on Thursday, August 10 with “Hold” rating. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Neutral” rating by UBS on Tuesday, July 28. On Monday, October 5 the stock rating was downgraded by Barclays Capital to “Underweight”. The company was maintained on Monday, September 11 by Stifel Nicolaus. The company was maintained on Tuesday, January 9 by RBC Capital Markets. On Thursday, October 26 the stock rating was maintained by Loop Capital with “Hold”. The stock of Norfolk Southern Corporation (NYSE:NSC) has “Buy” rating given on Friday, August 11 by Cowen & Co. On Monday, April 11 the stock rating was maintained by Barclays Capital with “Equal-Weight”. On Wednesday, October 12 the stock rating was downgraded by Avondale to “Underperform”. The stock has “Sell” rating by Loop Capital on Monday, November 27.

Investors sentiment decreased to 0.83 in Q3 2017. Its down 0.04, from 0.87 in 2017Q2. It is negative, as 44 investors sold NSC shares while 341 reduced holdings. 79 funds opened positions while 239 raised stakes. 201.79 million shares or 1.34% more from 199.13 million shares in 2017Q2 were reported. Ahl Prtn Llp owns 59,905 shares. California Pub Employees Retirement Sys holds 0.14% or 722,042 shares. Trustco Financial Bank Corp N Y holds 0.6% or 4,706 shares in its portfolio. Banced accumulated 2,733 shares. Da Davidson & Co has invested 0.05% in Norfolk Southern Corporation (NYSE:NSC). Johnson Fincl Grp Inc owns 1,682 shares or 0.03% of their US portfolio. Trustmark Comml Bank Tru Department reported 0.05% in Norfolk Southern Corporation (NYSE:NSC). Dorsey Wright Associate invested 0.12% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Greenleaf Tru invested 0.01% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Adage Ptnrs Gru Limited Liability Co has 0.13% invested in Norfolk Southern Corporation (NYSE:NSC). Union Bank Corp owns 1,743 shares or 0.08% of their US portfolio. Acropolis Inv Management Ltd reported 0.12% in Norfolk Southern Corporation (NYSE:NSC). Barrett Asset Mgmt Limited Company reported 1,650 shares stake. Wellington Management Group Llp stated it has 579,577 shares or 0.02% of all its holdings. Burke & Herbert Commercial Bank & holds 1.55% in Norfolk Southern Corporation (NYSE:NSC) or 12,988 shares.

Since August 15, 2017, it had 0 buys, and 4 sales for $3.72 million activity. Wheeler Michael Joseph had sold 3,568 shares worth $474,558 on Thursday, October 26. Squires James A also sold $2.93M worth of Norfolk Southern Corporation (NYSE:NSC) shares. $35,640 worth of Norfolk Southern Corporation (NYSE:NSC) was sold by Hurlbut Thomas E on Tuesday, August 29.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 earnings per share, up 35.90% or $0.28 from last year’s $0.78 per share. ADBE’s profit will be $522.52M for 45.39 P/E if the $1.06 EPS becomes a reality. After $1.05 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth.

Since August 9, 2017, it had 1 insider buy, and 7 sales for $6.56 million activity. Lewnes Ann also sold $286,466 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by THOMPSON MATTHEW. 6,800 shares were sold by WARNOCK JOHN E, worth $1.18 million. Another trade for 1,125 shares valued at $199,520 was bought by Banse Amy. GESCHKE CHARLES M also sold $3.97 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 10.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems has $220.0 highest and $10 lowest target. $160.90’s average target is -16.40% below currents $192.46 stock price. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Wednesday, September 21 by Morgan Stanley. S&P Research maintained the shares of ADBE in report on Monday, September 21 with “Hold” rating. The firm has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. The rating was maintained by Argus Research on Wednesday, October 25 with “Buy”. The company was maintained on Tuesday, June 20 by BMO Capital Markets. The rating was maintained by UBS on Wednesday, September 21 with “Buy”. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, December 11 report. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Friday, December 8 by RBC Capital Markets. As per Thursday, November 3, the company rating was maintained by Wunderlich. The company was maintained on Monday, April 4 by Dougherty & Company.