Accenture Plc (ACN) Shares Sold by Osborn Williams & Donohoe LLC

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Osborn Williams & Donohoe LLC reduced its stake in Accenture Plc (NYSE:ACN) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,193 shares of the information technology services provider’s stock after selling 814 shares during the quarter. Osborn Williams & Donohoe LLC’s holdings in Accenture were worth $4,540,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ACN. Evermay Wealth Management LLC increased its stake in Accenture by 49.3% in the 4th quarter. Evermay Wealth Management LLC now owns 2,104 shares of the information technology services provider’s stock valued at $297,000 after buying an additional 695 shares during the last quarter. Calamos Advisors LLC increased its stake in shares of Accenture by 8.9% during the 4th quarter. Calamos Advisors LLC now owns 259,042 shares of the information technology services provider’s stock worth $36,528,000 after purchasing an additional 21,110 shares during the last quarter. Baystate Wealth Management LLC increased its stake in shares of Accenture by 0.9% during the 4th quarter. Baystate Wealth Management LLC now owns 9,745 shares of the information technology services provider’s stock worth $1,466,000 after purchasing an additional 85 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in Accenture by 2.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 32,424 shares of the information technology services provider’s stock valued at $4,572,000 after buying an additional 770 shares during the last quarter. Finally, Elite Wealth Management Inc. grew its stake in Accenture by 1.7% in the 4th quarter. Elite Wealth Management Inc. now owns 4,947 shares of the information technology services provider’s stock valued at $698,000 after buying an additional 82 shares during the last quarter. 70.56% of the stock is currently owned by institutional investors and hedge funds.

In other news, General Counsel Chad T. Jerdee sold 2,441 shares of the company’s stock in a transaction that occurred on Thursday, December 27th. The shares were sold at an average price of $140.00, for a total transaction of $341,740.00. Following the completion of the sale, the general counsel now owns 11,775 shares of the company’s stock, valued at approximately $1,648,500. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Pierre Nanterme sold 37,846 shares of the company’s stock in a transaction that occurred on Monday, December 24th. The stock was sold at an average price of $135.16, for a total transaction of $5,115,265.36. Following the sale, the chief executive officer now directly owns 368,212 shares of the company’s stock, valued at approximately $49,767,533.92. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 59,033 shares of company stock valued at $8,154,417. 0.18% of the stock is currently owned by insiders.

NYSE ACN opened at $155.59 on Monday. The stock has a market capitalization of $103.35 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 2.09 and a beta of 1.10. Accenture Plc has a 12-month low of $132.63 and a 12-month high of $175.64.

Accenture (NYSE:ACN) last posted its quarterly earnings data on Thursday, December 20th. The information technology services provider reported $1.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.12. Accenture had a net margin of 9.99% and a return on equity of 40.31%. The firm had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $10.54 billion. During the same quarter in the previous year, the firm posted $1.79 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities research analysts expect that Accenture Plc will post 7.2 earnings per share for the current fiscal year.

A number of research analysts recently commented on ACN shares. Zacks Investment Research lowered shares of Accenture from a “hold” rating to a “sell” rating in a research note on Wednesday, November 28th. Cantor Fitzgerald reiterated a “buy” rating and issued a $193.00 price target on shares of Accenture in a research note on Thursday, December 13th. Citigroup decreased their price target on shares of Accenture from $172.00 to $161.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 19th. KeyCorp decreased their price target on shares of Accenture from $186.00 to $182.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 19th. Finally, Robert W. Baird decreased their price target on shares of Accenture from $176.00 to $156.00 and set a “neutral” rating on the stock in a research note on Friday, December 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $173.84.

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Accenture Profile

Accenture plc provides consulting, technology, and outsourcing services in Ireland and internationally. Its Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, develop industry-specific solutions, and enhance efficiencies and business results for communications, media, high tech, software, and platform companies.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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