Accenture (NYSE:ACN) Stock Rating Reaffirmed by Susquehanna Bancshares

Lloyd Doyle
January 23, 2018

The information technology services provider reported $1.79 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.67 by $0.12. Altrinsic Global Advisors Llc who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $115.83B market cap company. The stock decreased 0.64% or $1 during the last trading session, reaching $155.85. About 690,421 shares traded. Novartis AG (NYSE:NVS) has risen 7.67% since January 23, 2017 and is uptrending. It has outperformed by 32.06% the S&P500.

Van Hulzen Asset Management Llc decreased its stake in Accenture Limited (ACN) by 48.44% based on its latest 2017Q3 regulatory filing with the SEC. Jacobi Capital Management LLC now owns 727 shares of the information technology services provider's stock valued at $100,000 after buying an additional 372 shares in the last quarter. The Independent Franchise Partners Llp holds 6.29 million shares with $850.04 million value, up from 6.07M last quarter. Accenture Plc Cl A now has $99.55B valuation. The stock increased 0.07% or $0.06 during the last trading session, reaching $87. Another trade for 46 shares valued at $4,007 was bought by Moore Elizabeth D. It has underperformed by 12.43% the S&P500. Northern Tru has 8.12M shares for 0.03% of their portfolio. Therefore 57% are positive. New York Times had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Singular Research on Thursday, February 9 with "Sell". The firm earned "Neutral" rating on Wednesday, September 7 by Suntrust Robinson. Jefferies maintained the stock with "Buy" rating in Tuesday, September 26 report. The firm earned "Buy" rating on Thursday, October 8 by Canaccord Genuity. (NYSE:MPW) rating on Monday, July 10. OH now owns 1,801 shares of the information technology services provider's stock valued at $223,000 after acquiring an additional 24 shares during the period.

Investors sentiment increased to 2.6 in Q3 2017. The information technology services provider reported $1.79 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.12. It increased, as 20 investors sold Belden Inc. shares while 69 reduced holdings. 17 funds opened positions while 98 raised stakes. Baldwin Mgmt Limited Com invested in 12,490 shares or 0.64% of the stock. FBR Capital maintained Ashford Hospitality Prime, Inc. Driehaus Cap Management Ltd Liability Corporation invested in 0.06% or 120,000 shares. Robeco Institutional Asset Bv invested in 21,440 shares. 1,607 were accumulated by Sigma Planning Corp. Ubs Asset Management Americas Inc reported 139,497 shares. Axa reported 0% of its portfolio in Rexford Industrial Realty, Inc. (NYSE:THO) or 1.01M shares. Bbva Compass National Bank Inc reported 41,342 shares. Citigroup restated a "hold" rating and issued a $159.00 target price on shares of Accenture in a research note on Friday, December 22nd. Deutsche National Bank Ag owns 1.08M shares or 0.1% of their United States portfolio. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety. Corporate insiders own 0.21% of the company's stock. (NYSE:THO). 52,058 are owned by Horizon Ltd Liability Company.

Since August 18, 2017, it had 0 insider buys, and 7 insider sales for $35.61 million activity. The insider Roe Scott A. sold $1.34 million.


Investors sentiment decreased to 1.23 in 2017 Q3. Its up 0.22, from 0.9 in 2017Q2.

Several other large investors have also bought and sold shares of the company. 97 funds opened positions while 315 raised stakes. The company has 637.87 Million shares outstanding and 591.93 Million shares were floated in market.

If we look at the Volatility of Accenture plc (ACN), Week Volatility is 1.10%, whereas Month Volatility is at 1.13%. The Rhode Island-based Endurance Wealth Management Incorporated has invested 0% in Accenture plc (NYSE:ACN). Bkd Wealth Ltd Liability holds 0.36% of its portfolio in Accenture plc (NYSE:ACN) for 23,901 shares. Mason Street Advsr Limited Liability Corp invested in 45,353 shares. Alabama-based Kistler has invested 0.06% in Accenture plc (NYSE:ACN). American Intl Gru reported 0.11% stake. Credit Suisse maintained Accenture plc (NYSE:ACN) on Tuesday, January 2 with "Hold" rating. Davenport Lc holds 510,035 shares or 0.87% of its portfolio. Univest Corporation Of Pennsylvania accumulated 5,024 shares or 0.13% of the stock. It dropped, as 12 investors sold AHP shares while 35 reduced holdings. Ing Groep Nv reported 0.06% of its portfolio in Accenture plc (NYSE:ACN). The legal version of this piece can be accessed at https://baseballnewssource.com/markets/laurel-grove-capital-llc-has-1-86-million-holdings-in-accenture-plc-acn/1859744.html. Mirador Cap Ptnrs LP reported 0.27% stake. (NYSE:BDC) has "Hold" rating given on Saturday, September 5 by TheStreet. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Therefore 54% are positive. KeyBanc Capital Markets maintained Accenture plc (NYSE:ACN) rating on Thursday, September 28. The rating was maintained by Guggenheim with "Buy" on Wednesday, August 2. Cowen & Co maintained Accenture plc (NYSE:ACN) on Tuesday, May 31 with "Outperform" rating. They issued a "buy" rating and a $165.00 price objective on the stock. Barclays Capital maintained the shares of NYT in report on Wednesday, July 19 with "Equal-Weight" rating. The rating was maintained by Wunderlich with "Hold" on Monday, May 16. The company has a market capitalization of $102,756.22, a P/E ratio of 28.57, a price-to-earnings-growth ratio of 2.44 and a beta of 1.08. On Tuesday, July 12 the stock rating was initiated by Pacific Crest with "Overweight". The stock has "Overweight" rating by JP Morgan on Monday, March 28. Cantor Fitzgerald maintained it with "Buy" rating and $13500 target in Monday, May 29 report. The firm has "Outperform" rating by RBC Capital Markets given on Friday, June 24.

Van Hulzen Asset Management Llc, which manages about $396.50 million and $296.46 million US Long portfolio, upped its stake in Microsoft (NASDAQ:MSFT) by 4,926 shares to 11,945 shares, valued at $890,000 in 2017Q3, according to the filing.

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