Accenture LTD Big Money Sentiment Increased in 2018 Q1 touching 0.97

June 27, 2018 - By Maria Fierro

Accenture plc (NYSE:ACN) Corporate Logo

Positions for Accenture LTD (NYSE:ACN)

In Q1 2018 Accenture LTD (NYSE:ACN) big money sentiment increased to 0.97, SEC filings reveal. So its up 0.04, from 2017Q4’s 0.93. 431 active investment managers increased or opened new positions, while 446 trimmed and sold positions in Accenture LTD so the sentiment is more positive. These funds own 449.75 million shares, that’s down from 456.89 million shares in 2017Q4. Funds holding Accenture LTD in top 10 changed to 47 from 48 for a decrease of 1. In total 50 funds closed positions, 396 reduced and 326 increased. Also 105 funds bought new Accenture LTD stakes.

Significant Accenture LTD Shareholders

Csu Producer Resources Inc. owns 20,000 shares in Accenture LTD as of Q1 2018. Accenture LTD’s shareholder Praesidium Investment Management Company Llc owns 828,711 shares as of Q1 2018. Further, Suncoast Equity Management reported 199,225 shares in Accenture LTD equivalent to 8.05% of its US long stock exposure. The California-based fund Wcm Investment Management Ca have invested about 7.9% of the investment professional’s stock portfolio in Accenture LTD. The Wisconsin-based fund Provident Trust Co looks positive on Accenture LTD, owning 1.17 million shares.

Accenture plc provides consulting, technology, and outsourcing services worldwide.The firm is valued at $100.88 billion. The Company’s Communications, Media & Technology segment provides professional services that help clients accelerate and deliver digital transformation, and enhance business results through industry-specific solutions; and serves clients in communications, electronics, high technology, media, and entertainment industries.The P/E ratio is 27.57. The companyÂ’s Financial Services segment offers services that help clients enhance cost efficiency, grow their customer base, manage risk, and transform their operations; and serves clients in banking, capital markets, and insurance industries.

Ticker’s shares touched $156.86 during the last trading session after 0.45% change.Accenture plc has volume of 1.83M shares. Since June 27, 2017 ACN has risen 26.72% and is uptrending. ACN outperformed by 14.15% the S&P 500.

On June, 28 WallStreet expected Accenture plc (NYSE:ACN)’s earnings release, Zacks reports. EPS of $1.71 is 12.50 % up from 2017’s $1.52 EPS. The profit will be $1.10 billion for ACN if $1.71 EPS becomes true. Analysts at Wall Street see Accenture plc’s 8.23 % EPS growth compared to $1.58 EPS for last quarter.

Meiji Yasuda Asset Mgmt Com, Japan-based fund reported 65,659 shs. St Johns Mngmt Ltd Liability Co holds 0.97% of its capital in Accenture plc (NYSE:ACN) for 8,381 shs. Rdl, Virginia-based fund reported 18,727 shs. North Star Investment Mngmt holds 0.08% or 4,544 shs in its capital. Perkins Coie Company has invested 1.06% of its capital in Accenture plc (NYSE:ACN). Bbva Compass Bancorp holds 0.38% or 38,729 shs. D E Shaw owns 2,668 shs. Bb&T Corp holds 0.72% or 245,742 shs in its capital. Welch And Forbes Limited Liability Corporation reported 3,713 shs or 0.01% of all its holdings. Bank Of Ny Mellon has 0.44% invested in Accenture plc (NYSE:ACN). The Pennsylvania-based Somerset has invested 0.81% in Accenture plc (NYSE:ACN). Everett Harris & Ca reported 266,631 shs. Coastline holds 29,076 shs or 0.69% of its capital. 438,552 were accumulated by Marathon Asset Llp. Contravisory Inv Management Inc owns 45,191 shs.

Accenture plc (NYSE:ACN) Ratings Coverage

A total of 10 analysts rate Accenture (NYSE:ACN) as follows: 7 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 70% are bullish. The firm has $181 highest and $154 lowest target. The avg target $170.20 is 8.50% above the last ($156.86) price. (NYSE:ACN) has 14 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Friday, March 23 Barclays Capital maintained Accenture plc (NYSE:ACN) with “Equal-Weight” rating. On Tuesday, March 20 the rating was maintained by Wedbush with “Outperform”. On Thursday, January 11 the firm earned “Buy” rating by Cowen & Co. On Tuesday, March 20 the rating was maintained by Susquehanna with “Hold”. On Monday, April 2 Wedbush maintained Accenture plc (NYSE:ACN) rating. Wedbush has “Buy” rating and $18000 target. On Tuesday, March 20 Robert W. Baird maintained Accenture plc (NYSE:ACN) rating. Robert W. Baird has “Neutral” rating and $165 target. The company rating was maintained by KeyBanc Capital Markets on Monday, March 19. On Monday, June 25 the stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Robert W. Baird. On Monday, February 5 the stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Morgan Stanley. On Thursday, March 22 BMO Capital Markets maintained the shares of ACN in report with “Hold” rating.

There’s an important Accenture plc (NYSE:ACN) news released by Seekingalpha.com. It’s an item titled: “Stocks To Watch: More Trade Tiffs And Stress Tests” on June 23, 2018.

Accenture plc (NYSE:ACN) Analyst Ratings Chart

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