Csenge Advisory Group acquired a new stake in Accenture PLC (NYSE:ACN) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,539 shares of the company’s stock, valued at approximately $478,000.
Several other large investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC lifted its stake in shares of Accenture PLC by 0.4% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 2,917 shares of the company’s stock valued at $362,000 after purchasing an additional 12 shares during the last quarter. AlphaMark Advisors LLC lifted its stake in shares of Accenture PLC by 0.9% in the 2nd quarter. AlphaMark Advisors LLC now owns 2,319 shares of the company’s stock valued at $287,000 after purchasing an additional 20 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of Accenture PLC by 1.4% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,801 shares of the company’s stock valued at $223,000 after purchasing an additional 24 shares during the last quarter. Boston Financial Mangement LLC lifted its stake in shares of Accenture PLC by 0.5% in the 1st quarter. Boston Financial Mangement LLC now owns 5,469 shares of the company’s stock valued at $656,000 after purchasing an additional 28 shares during the last quarter. Finally, Guardian Life Insurance Co. of America lifted its stake in shares of Accenture PLC by 1.2% in the 1st quarter. Guardian Life Insurance Co. of America now owns 2,405 shares of the company’s stock valued at $288,000 after purchasing an additional 29 shares during the last quarter. 77.73% of the stock is owned by institutional investors and hedge funds.
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Shares of Accenture PLC (NYSE ACN) opened at C$143.89 on Monday. Accenture PLC has a 52-week low of C$112.31 and a 52-week high of C$145.00. The company has a market capitalization of $94,961.36, a PE ratio of 24.35, a price-to-earnings-growth ratio of 2.13 and a beta of 1.08.
Accenture PLC (NYSE:ACN) last issued its quarterly earnings results on Thursday, September 28th. The company reported C$1.48 EPS for the quarter, topping the Zacks’ consensus estimate of C$1.47 by C$0.01. Accenture PLC had a return on equity of 42.65% and a net margin of 9.37%. The company had revenue of C$9.15 billion during the quarter, compared to analysts’ expectations of C$9.01 billion. During the same quarter in the previous year, the firm posted $1.31 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. research analysts predict that Accenture PLC will post 6.54 earnings per share for the current year.
The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Thursday, October 19th will be given a dividend of $1.33 per share. The ex-dividend date is Wednesday, October 18th. This represents a yield of 1.97%. Accenture PLC’s dividend payout ratio is currently 48.90%.
In other news, CEO Pierre Nanterme sold 38,589 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of C$135.03, for a total value of C$5,210,672.67. Following the completion of the transaction, the chief executive officer now owns 179,083 shares of the company’s stock, valued at approximately C$24,181,577.49. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Daniel T. London sold 637 shares of the business’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of C$136.03, for a total value of C$86,651.11. The disclosure for this sale can be found here. In the last three months, insiders sold 83,325 shares of company stock valued at $11,479,125. Insiders own 0.21% of the company’s stock.
A number of equities research analysts recently issued reports on the company. Cowen and Company set a $150.00 price target on Accenture PLC and gave the stock a “buy” rating in a research note on Monday, October 23rd. Stifel Nicolaus reissued a “buy” rating and set a $150.00 price target on shares of Accenture PLC in a research note on Sunday, October 1st. Barclays PLC raised their price target on Accenture PLC from $124.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 27th. Zacks Investment Research raised Accenture PLC from a “hold” rating to a “buy” rating and set a $145.00 price target for the company in a research note on Wednesday, September 6th. Finally, Morgan Stanley raised their price target on Accenture PLC from $132.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Friday, September 22nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Accenture PLC currently has a consensus rating of “Buy” and an average price target of C$142.89.
Accenture PLC Company Profile
Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.
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