Tocqueville Asset Management L.P. lessened its position in Accenture PLC (NYSE:ACN) by 5.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,809 shares of the company’s stock after selling 914 shares during the period. Tocqueville Asset Management L.P.’s holdings in Accenture PLC were worth $2,135,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC lifted its position 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 worth $362,000 after purchasing an additional 12 shares during the period. AlphaMark Advisors LLC lifted its position 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 worth $287,000 after purchasing an additional 20 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its position 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 worth $223,000 after purchasing an additional 24 shares during the period. Boston Financial Mangement LLC lifted its position 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 worth $656,000 after purchasing an additional 28 shares during the period. Finally, Guardian Life Insurance Co. of America lifted its position 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 worth $288,000 after purchasing an additional 29 shares during the period. 77.47% of the stock is currently owned by institutional investors and hedge funds.

In other Accenture PLC news, COO Johan Deblaere sold 5,000 shares of Accenture PLC stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of C$135.05, for a total transaction of C$675,250.00. Following the transaction, the chief operating officer now owns 120,817 shares of the company’s stock, valued at C$16,316,335.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Pierre Nanterme sold 38,589 shares of Accenture PLC stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of C$135.03, for a total transaction of C$5,210,672.67. Following the transaction, the chief executive officer now directly owns 179,083 shares in the company, valued at approximately C$24,181,577.49. The disclosure for this sale can be found here. Insiders have sold 83,325 shares of company stock worth $11,479,125 in the last ninety days. Insiders own 0.21% of the company’s stock.

A number of research analysts recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and set a $150.00 price target on shares of Accenture PLC in a research report on Friday, November 3rd. Pivotal Research assumed coverage on shares of Accenture PLC in a research report on Wednesday. They set a “buy” rating and a $165.00 price target for the company. KeyCorp reissued a “buy” rating and set a $149.00 price target on shares of Accenture PLC in a research report on Sunday, October 29th. Cowen and Company set a $150.00 price target on shares of Accenture PLC and gave the company a “buy” rating in a research report on Monday, October 23rd. Finally, Berenberg Bank reissued a “buy” rating and set a $160.00 price target on shares of Accenture PLC in a research report on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Accenture PLC currently has an average rating of “Buy” and an average price target of C$142.89.

COPYRIGHT VIOLATION NOTICE: “Accenture PLC (ACN) Holdings Cut by Tocqueville Asset Management L.P.” was posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/accenture-plc-acn-holdings-cut-by-tocqueville-asset-management-l-p/1697792.html.

Shares of Accenture PLC (NYSE ACN) opened at C$143.89 on Friday. The stock has a market cap of $88,451.77, a P/E ratio of 24.35, a P/E/G ratio of 2.13 and a beta of 1.08. Accenture PLC has a 12-month low of C$112.31 and a 12-month high of C$145.00.

Accenture PLC (NYSE:ACN) last announced its earnings results on Thursday, September 28th. The company reported C$1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.47 by C$0.01. The company had revenue of C$9.15 billion during the quarter, compared to analyst estimates of C$9.01 billion. Accenture PLC had a net margin of 9.37% and a return on equity of 42.65%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.31 earnings per share. equities analysts forecast that Accenture PLC will post 6.54 EPS for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Investors 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 (DPR) is 48.90%.

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.

Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture PLC (NYSE:ACN).

Institutional Ownership by Quarter for Accenture PLC (NYSE:ACN)

Receive News & Ratings for Accenture PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.