Dupont Capital Management Corp Sells 1,855 Shares of Accenture PLC (ACN)
Dupont Capital Management Corp lowered its position in shares of Accenture PLC (NYSE:ACN) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,231 shares of the company’s stock after selling 1,855 shares during the quarter. Dupont Capital Management Corp’s holdings in Accenture PLC were worth $3,273,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. TCI Wealth Advisors Inc. increased its position in shares of Accenture PLC by 23.4% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 854 shares of the company’s stock worth $106,000 after purchasing an additional 162 shares in the last quarter. Bellwether Investment Group LLC increased its position in shares of Accenture PLC by 64.2% during the 1st quarter. Bellwether Investment Group LLC now owns 918 shares of the company’s stock worth $110,000 after purchasing an additional 359 shares in the last quarter. Manchester Capital Management LLC increased its position in shares of Accenture PLC by 7.0% during the 2nd quarter. Manchester Capital Management LLC now owns 920 shares of the company’s stock worth $114,000 after purchasing an additional 60 shares in the last quarter. Harbour Capital Advisors LLC acquired a new stake in shares of Accenture PLC during the 1st quarter worth about $122,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Accenture PLC by 5.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,030 shares of the company’s stock worth $127,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 77.73% of the company’s stock.
In other Accenture PLC news, insider Richard Lumb sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of C$135.06, for a total transaction of C$297,132.00. Following the sale, the insider now directly owns 118,085 shares in the company, valued at approximately C$15,948,560.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Pierre Nanterme sold 38,589 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of C$135.03, for a total transaction of C$5,210,672.67. Following the sale, the chief executive officer now owns 179,083 shares in the company, valued at C$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 worth $11,479,125 in the last three months. 0.21% of the stock is owned by insiders.
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Accenture PLC (NYSE ACN) opened at C$143.89 on Monday. Accenture PLC has a one year low of C$112.31 and a one year high of C$145.00. The firm has a market cap of $94,961.36, a P/E ratio of 24.35, a P/E/G ratio of 2.13 and a beta of 1.08.
Accenture PLC (NYSE:ACN) last released its quarterly earnings data on Thursday, September 28th. The company reported C$1.48 earnings per share for the quarter, topping the consensus estimate of C$1.47 by C$0.01. Accenture PLC had a net margin of 9.37% and a return on equity of 42.65%. The business had revenue of C$9.15 billion for the quarter, compared to analyst estimates of C$9.01 billion. During the same quarter last year, the firm earned $1.31 EPS. Accenture PLC’s quarterly revenue was up 7.8% compared to the same quarter last year. equities analysts anticipate that Accenture PLC will post 6.54 earnings per share for the current year.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Investors of record on Thursday, October 19th will be paid a dividend of $1.33 per share. This represents a yield of 1.97%. The ex-dividend date is Wednesday, October 18th. Accenture PLC’s payout ratio is 48.90%.
A number of equities research analysts have commented on ACN shares. Cowen and Company reissued a “buy” rating and set a $135.00 price objective on shares of Accenture PLC in a report on Friday, July 28th. BidaskClub lowered shares of Accenture PLC from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Zacks Investment Research raised shares of Accenture PLC from a “hold” rating to a “buy” rating and set a $145.00 price objective on the stock in a report on Monday, August 28th. Stifel Nicolaus increased their price objective on shares of Accenture PLC from $138.00 to $146.00 and gave the stock a “buy” rating in a report on Thursday, September 7th. Finally, Bank of America Corporation started coverage on shares of Accenture PLC in a report on Tuesday, September 12th. They set a “buy” rating and a $150.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Accenture PLC currently has a consensus rating of “Buy” and an average target price of C$142.89.
Accenture PLC 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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