Teachers Advisors LLC lifted its holdings in Accenture Plc (NYSE:ACN) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,140,195 shares of the information technology services provider’s stock after acquiring an additional 15,839 shares during the period. Teachers Advisors LLC owned 0.18% of Accenture worth $174,552,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACN. Hallmark Capital Management Inc. boosted its stake in shares of Accenture by 0.5% in the third quarter. Hallmark Capital Management Inc. now owns 129,943 shares of the information technology services provider’s stock worth $17,551,000 after acquiring an additional 638 shares during the period. Canada Pension Plan Investment Board boosted its stake in shares of Accenture by 82.8% in the third quarter. Canada Pension Plan Investment Board now owns 865,231 shares of the information technology services provider’s stock worth $116,867,000 after acquiring an additional 391,974 shares during the period. Warren Averett Asset Management LLC bought a new position in shares of Accenture in the third quarter worth about $227,000. Middleton & Co Inc MA bought a new position in shares of Accenture in the third quarter worth about $1,321,000. Finally, Andra AP fonden boosted its stake in shares of Accenture by 2.1% in the third quarter. Andra AP fonden now owns 118,800 shares of the information technology services provider’s stock worth $16,046,000 after acquiring an additional 2,400 shares during the period. 75.58% of the stock is owned by hedge funds and other institutional investors.
In other news, insider Richard Lumb sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $155.34, for a total transaction of $310,680.00. Following the transaction, the insider now owns 121,041 shares of the company’s stock, valued at $18,802,508.94. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO David Rowland sold 3,102 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $161.21, for a total value of $500,073.42. Following the transaction, the chief financial officer now directly owns 25,012 shares in the company, valued at approximately $4,032,184.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 117,249 shares of company stock worth $18,106,228. Insiders own 0.21% of the company’s stock.
Shares of Accenture Plc (NYSE ACN) opened at $166.00 on Monday. Accenture Plc has a 52-week low of $114.82 and a 52-week high of $166.00. The stock has a market capitalization of $102,603.75, a P/E ratio of 26.39, a price-to-earnings-growth ratio of 2.43 and a beta of 1.01.
Accenture (NYSE:ACN) last issued its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.12. Accenture had a return on equity of 41.79% and a net margin of 9.43%. The business had revenue of $9.52 billion for the quarter, compared to the consensus estimate of $9.25 billion. During the same period in the prior year, the business posted $1.58 earnings per share. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. analysts forecast that Accenture Plc will post 6.65 EPS for the current fiscal year.
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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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