Accenture (ACN) Releases FY18 Earnings Guidance

Marco Green
January 13, 2018

Following the completion of the transaction, the chief accounting officer now owns 8,932 shares of the company's stock, valued at $1,414,560.84. The information technology services provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.12.

Fuller & Thaler Asset Management Inc decreased Accenture Plc (ACN) stake by 29.55% reported in 2017Q3 SEC filing. The stock decreased 0.35% or $0.56 during the last trading session, reaching $158.9. Accenture plc (NYSE:ACN) has risen 4.27% since January 13, 2017 and is uptrending. It has underperformed by 16.70% the S&P500. (AET) by 85.24% based on its latest 2017Q3 regulatory filing with the SEC. Also, insider Ellyn Shook sold 4,375 shares of the firm's stock in a transaction dated Monday, October 23rd. Cantor Fitzgerald reiterated a "buy" rating and set a $135.00 target price on shares of Accenture in a report on Thursday, September 28th. Energy Income Partners Llc who had been investing in Targa Res Corp for a number of months, seems to be less bullish one the $11.09 billion market cap company. The stock increased 0.21% or $0.39 during the last trading session, reaching $184.6. 2,048,945 shares of the company traded hands, compared to its average volume of 2,200,511. Republic Services, Inc. (NYSE:RSG) has risen 28.68% since January 11, 2017 and is uptrending. It has outperformed by 25.40% the S&P500. American National Bank now owns 45,564 shares of the information technology services provider's stock valued at $6,976,000 after buying an additional 4,423 shares during the period. Canada Pension Plan Investment Board now owns 473,257 shares of the information technology services provider's stock valued at $58,532,000 after buying an additional 75,100 shares during the period.

Accenture Plc (NYSE:ACN) insider Richard P. Clark sold 1,754 shares of the firm's stock in a transaction on Monday, January 8th. Its down 0.10, from 1.36 in 2017Q2. 127 funds opened positions while 657 raised stakes. Wealthfront reported 10,347 shares or 0.01% of all its holdings. State Street Corporation has invested 0.06% in Republic Services, Inc. Vgi Ptnrs Pty Ltd stated it has 76,583 shares. Boston Family Office Lc has 0.07% invested in Accenture plc (NYSE:ACN). Community Comml Bank Na reported 90 shares stake.

Umb Bank N A, which manages about $2.91B US Long portfolio, decreased its stake in Texas Instruments Inc (NASDAQ:TXN) by 7,279 shares to 286,599 shares, valued at $25.69M in 2017Q3, according to the filing. About 1.81 million shares traded. 17,502 are owned by Breton Hill Cap. Washington holds 108,660 shares or 0.87% of its portfolio. Blackrock Inc accumulated 809,413 shares or 0% of the stock. Grimes &, a Massachusetts-based fund reported 65,233 shares.

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $93,874 activity. The stock of Accenture plc (NYSE:ACN) earned "Buy" rating by Argus Research on Tuesday, September 8. Therefore 64% are positive. Crest Nicholson Holdings Plc had 130 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Buy" rating by Robert W. Baird given on Thursday, September 14. The firm has "Hold" rating given on Tuesday, November 7 by Wells Fargo. The rating was maintained by KeyBanc Capital Markets with "Buy" on Friday, December 22. The firm earned "Outperform" rating on Tuesday, September 8 by RBC Capital Markets. (NYSE:AET) earned "Outperform" rating by Credit Suisse on Friday, November 11. The stock of Targa Resources Corp. On Friday, June 23 the stock rating was maintained by Goldman Sachs with "Sell".

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. Sold All: 40 Reduced: 370 Increased: 315 New Position: 97.

Hedge funds have recently added to or reduced their stakes in the stock. The active investment managers in our partner's database now hold: 461.53 million shares, down from 466.45 million shares in 2017Q2. The stock has "Buy" rating by Societe Generale on Monday, September 26. Capital One National Association acquired 2,268 shares as Accenture Plc Ireland (ACN)'s stock declined 0.21%. During the same period in the previous year, the company earned $1.58 EPS. research analysts expect that Accenture will post 6.64 earnings per share for the current year. Planning stated it has 0.11% in Accenture plc (NYSE:ACN). North Star Investment invested in 0.04% or 2,394 shares. Schwerin Boyle Cap Mngmt invested in 3.94% or 258,755 shares. 20,880 are owned by Mckinley Carter Wealth Svcs. Sequoia Finance Advisors Ltd Liability Corporation has 3,379 shares for 0.05% of their portfolio. Laurion Capital Limited Partnership reported 0% of its portfolio in Accenture plc (NYSE:ACN). Gargoyle Invest Advisor Ltd Liability holds 1% of its portfolio in Accenture plc (NYSE:ACN) for 20,075 shares. Moreover, Eulav Asset Mngmt has 0.75% invested in Accenture plc (NYSE:ACN). Agf Invs has 162,108 shares. Wendell David Assoc Inc holds 0.06% or 2,000 shares in its portfolio. Putnam Fl Inv Mngmt Company owns 143,215 shares or 1.84% of their USA portfolio. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company. Therefore 54% are positive. Republic Services had 36 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Wednesday, December 27 by Robert W. Baird. Morgan Stanley maintained it with "Overweight" rating and $179 target in Thursday, August 17 report. Stifel Nicolaus reaffirmed a "buy" rating and set a $150.00 price objective on shares of Accenture in a research report on Sunday, October 1st. Deutsche Bank maintained the shares of CRST in report on Monday, June 5 with "Hold" rating. On Friday, May 20 the stock rating was maintained by Stifel Nicolaus with "Buy". Schulhoff And Com Incorporated invested 1.13% in Accenture plc (NYSE:ACN).

Accenture (NYSE:ACN) last posted its earnings results on Thursday, December 21st.

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