Accenture Plc (ACN) is Windward Capital Management Co. CA’s 6th Largest Position

Windward Capital Management Co. CA raised its position in Accenture Plc (NYSE:ACN) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 159,334 shares of the information technology services provider’s stock after buying an additional 4,455 shares during the period. Accenture accounts for 3.6% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 6th biggest holding. Windward Capital Management Co. CA’s holdings in Accenture were worth $24,393,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Accenture by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 48,468,073 shares of the information technology services provider’s stock valued at $5,994,531,000 after buying an additional 1,088,676 shares during the last quarter. BlackRock Inc. increased its stake in Accenture by 3.0% in the 2nd quarter. BlackRock Inc. now owns 40,659,545 shares of the information technology services provider’s stock valued at $5,028,772,000 after buying an additional 1,196,578 shares during the last quarter. Capital Research Global Investors increased its stake in Accenture by 2.2% in the 2nd quarter. Capital Research Global Investors now owns 28,501,643 shares of the information technology services provider’s stock valued at $3,525,083,000 after buying an additional 605,156 shares during the last quarter. Northern Trust Corp increased its stake in Accenture by 0.8% in the 2nd quarter. Northern Trust Corp now owns 9,476,570 shares of the information technology services provider’s stock valued at $1,172,063,000 after buying an additional 70,740 shares during the last quarter. Finally, Independent Franchise Partners LLP increased its stake in Accenture by 3.7% in the 3rd quarter. Independent Franchise Partners LLP now owns 6,293,362 shares of the information technology services provider’s stock valued at $850,044,000 after buying an additional 222,828 shares during the last quarter. Hedge funds and other institutional investors own 75.23% of the company’s stock.

In related news, insider Ellyn Shook sold 4,375 shares of Accenture stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $139.81, for a total value of $611,668.75. Following the completion of the transaction, the insider now directly owns 33,081 shares in the company, valued at approximately $4,625,054.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel T. London sold 3,087 shares of Accenture stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $140.05, for a total transaction of $432,334.35. Following the completion of the transaction, the insider now owns 21,241 shares of the company’s stock, valued at $2,974,802.05. The disclosure for this sale can be found here. Insiders sold a total of 80,683 shares of company stock valued at $11,984,979 over the last quarter. 0.21% of the stock is owned by company insiders.

Several equities research analysts have commented on ACN shares. Robert W. Baird reiterated a “hold” rating and issued a $155.00 price objective on shares of Accenture in a research note on Thursday, December 7th. Zacks Investment Research upgraded shares of Accenture from a “hold” rating to a “buy” rating and set a $151.00 price objective for the company in a research note on Thursday, September 14th. Royal Bank of Canada increased their price objective on shares of Accenture from $145.00 to $148.00 and gave the company an “outperform” rating in a research note on Friday, September 29th. Pivotal Research set a $180.00 price target on shares of Accenture and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Finally, KeyCorp restated a “buy” rating and set a $149.00 price target on shares of Accenture in a research note on Thursday, September 28th. Two equities 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 company’s stock. Accenture presently has a consensus rating of “Hold” and an average price target of $156.17.

Shares of Accenture Plc (NYSE:ACN) opened at $158.90 on Thursday. Accenture Plc has a one year low of $112.31 and a one year high of $159.49. The stock has a market cap of $101,870.00, a P/E ratio of 28.17, a PEG ratio of 2.38 and a beta of 1.08.

Accenture (NYSE:ACN) last released its quarterly earnings data on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.12. Accenture had a net margin of 9.43% and a return on equity of 41.79%. The business had revenue of $9.52 billion during the quarter, compared to analyst estimates of $9.25 billion. During the same period in the previous year, the business earned $1.58 EPS. Accenture’s revenue was up 11.8% compared to the same quarter last year. analysts forecast that Accenture Plc will post 6.64 earnings per share for the current year.

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About Accenture

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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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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