Investors sold shares of Accenture PLC (NYSE:ACN) on strength during trading on Thursday. $37.40 million flowed into the stock on the tick-up and $62.26 million flowed out of the stock on the tick-down, for a money net flow of $24.86 million out of the stock. Of all companies tracked, Accenture PLC had the 0th highest net out-flow for the day. Accenture PLC traded up $0.10 for the day and closed at $113.71

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of Accenture PLC in a research report on Tuesday, July 19th. Cantor Fitzgerald reissued a “buy” rating on shares of Accenture PLC in a research report on Monday, July 18th. Pacific Crest assumed coverage on shares of Accenture PLC in a research report on Tuesday, July 12th. They issued an “overweight” rating and a $129.00 price objective for the company. Barclays PLC boosted their price objective on shares of Accenture PLC from $110.00 to $112.00 and gave the company an “equal weight” rating in a research report on Thursday, July 7th. Finally, Zacks Investment Research raised shares of Accenture PLC from a “hold” rating to a “buy” rating and set a $127.00 price objective for the company in a research report on Tuesday, July 5th. Eleven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Accenture PLC presently has a consensus rating of “Buy” and a consensus price target of $119.25.

The firm has a market cap of $71.34 billion and a P/E ratio of 19.37. The firm has a 50 day moving average price of $114.31 and a 200 day moving average price of $110.95.

Accenture PLC (NYSE:ACN) last posted its quarterly earnings results on Thursday, June 23rd. The company reported $1.41 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.41. During the same quarter in the prior year, the company earned $1.30 EPS. The business had revenue of $8.43 billion for the quarter. Accenture PLC’s quarterly revenue was up 8.6% on a year-over-year basis. Equities analysts anticipate that Accenture PLC will post $5.33 EPS for the current fiscal year.

In other Accenture PLC news, insider Richard Lumb sold 2,500 shares of Accenture PLC stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $116.45, for a total transaction of $291,125.00. Following the sale, the insider now owns 129,863 shares in the company, valued at $15,122,546.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard P. Clark sold 876 shares of Accenture PLC stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $113.43, for a total transaction of $99,364.68. Following the sale, the insider now owns 16,396 shares in the company, valued at approximately $1,859,798.28. The disclosure for this sale can be found here.

A number of large investors have bought and sold shares of the company. GSA Capital Partners LLP increased its stake in Accenture PLC by 169.4% in the fourth quarter. GSA Capital Partners LLP now owns 11,798 shares of the company’s stock worth $1,233,000 after buying an additional 7,419 shares in the last quarter. Freestone Capital Holdings LLC boosted its position in shares of Accenture PLC by 31.2% in the fourth quarter. Freestone Capital Holdings LLC now owns 12,435 shares of the company’s stock worth $1,299,000 after buying an additional 2,957 shares during the last quarter. Argent Trust Co boosted its position in shares of Accenture PLC by 1.1% in the third quarter. Argent Trust Co now owns 14,170 shares of the company’s stock worth $1,392,000 after buying an additional 151 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Accenture PLC by 165.1% in the fourth quarter. Victory Capital Management Inc. now owns 13,411 shares of the company’s stock worth $1,402,000 after buying an additional 8,353 shares during the last quarter. Finally, I.G. Investment Management LTD. boosted its position in shares of Accenture PLC by 63.7% in the fourth quarter. I.G. Investment Management LTD. now owns 22,420 shares of the company’s stock worth $2,343,000 after buying an additional 8,727 shares during the last quarter.

Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Company’s business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Company’s segment includes Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources.

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