Segall Bryant & Hamill LLC Buys 540 Shares of Accenture PLC (ACN)
Segall Bryant & Hamill LLC grew its stake in Accenture PLC (NYSE:ACN) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,517 shares of the information technology services provider’s stock after acquiring an additional 540 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Accenture were worth $4,932,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of ACN. Jacobi Capital Management LLC increased its stake in shares of Accenture by 104.8% in the 3rd quarter. Jacobi Capital Management LLC now owns 727 shares of the information technology services provider’s stock worth $100,000 after acquiring an additional 372 shares during the last quarter. TCI Wealth Advisors Inc. increased its stake in shares of Accenture by 23.4% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 854 shares of the information technology services provider’s stock worth $106,000 after acquiring an additional 162 shares during the last quarter. Manchester Capital Management LLC increased its stake in shares of Accenture by 7.0% in the 2nd quarter. Manchester Capital Management LLC now owns 920 shares of the information technology services provider’s stock worth $114,000 after acquiring an additional 60 shares during the last quarter. Harbour Capital Advisors LLC acquired a new stake in shares of Accenture in the 1st quarter worth $122,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of Accenture by 5.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,030 shares of the information technology services provider’s stock worth $127,000 after acquiring an additional 52 shares during the last quarter. 72.51% of the stock is owned by institutional investors and hedge funds.
Accenture PLC (ACN) opened at $150.53 on Friday. Accenture PLC has a twelve month low of $112.31 and a twelve month high of $150.59. The company has a market capitalization of $99,343.48, a PE ratio of 25.47, a P/E/G ratio of 2.23 and a beta of 1.08.
Accenture (NYSE:ACN) last announced its earnings results on Thursday, September 28th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Accenture had a return on equity of 42.65% and a net margin of 9.37%. The company had revenue of $9.15 billion during the quarter, compared to analysts’ expectations of $9.01 billion. During the same period last year, the business posted $1.31 EPS. Accenture’s revenue for the quarter was up 7.8% on a year-over-year basis. analysts forecast that Accenture PLC will post 6.54 EPS for the current year.
The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, November 15th. Investors of record on Thursday, October 19th were issued a dividend of $1.33 per share. This represents a yield of 1.97%. The ex-dividend date of this dividend was Wednesday, October 18th. Accenture’s dividend payout ratio (DPR) is 48.90%.
A number of equities analysts have recently weighed in on ACN shares. Zacks Investment Research upgraded Accenture from a “hold” rating to a “buy” rating and set a $145.00 price target for the company in a report on Monday, August 28th. Stifel Nicolaus increased their price target on Accenture from $138.00 to $146.00 and gave the stock a “buy” rating in a report on Thursday, September 7th. KeyCorp reiterated a “buy” rating and set a $149.00 price target on shares of Accenture in a report on Sunday, October 29th. Pivotal Research started coverage on Accenture in a report on Wednesday, November 8th. They set a “buy” rating and a $165.00 price target for the company. Finally, Cowen set a $150.00 price target on Accenture and gave the stock a “buy” rating in a report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Accenture currently has an average rating of “Buy” and a consensus target price of $144.38.
In related news, insider Richard P. Clark sold 3,155 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $143.01, for a total transaction of $451,196.55. Following the completion of the transaction, the insider now directly owns 5,533 shares in the company, valued at approximately $791,274.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Pierre Nanterme sold 38,589 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $135.03, for a total value of $5,210,672.67. Following the transaction, the chief executive officer now owns 179,083 shares of the company’s stock, valued at $24,181,577.49. The disclosure for this sale can be found here. Insiders have sold a total of 83,325 shares of company stock valued at $11,479,125 over the last 90 days. 0.21% of the stock is currently owned by company insiders.
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Accenture 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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