After selling 2,704 of its shares, the firm now owns 38,769 shares. The holdings of Meiji Yasuda Asset Management Co Ltd. in Accenture valued $10,345,000 as of the latest reporting period.
Other institutional investors and hedge fund have recently increased or decreased their stakes. Affiance Financial LLC purchased a new share of Accenture during the 4th quarter, valued at $25,000 My Personal CFO LLC purchased a new position of shares in Accenture during the 4th Quarter valued at $27,000. Mizuho Securities Co. Ltd. purchased a new position of shares in Accenture during the 4th Quarter valued at $27,000. EWG Elevate Inc. purchased a new Accenture position during the fourth quarter valued at $32,000. Elequin Securities LLC also bought a position in Accenture for $34,000 during the fourth quarter. Accenture was downgraded from a "buy" rating to a "hold" rating in a report published on May 31st. Wedbush reiterated an 'outperform rating' and set a target price of $300.00 on shares Accenture in a report published on Monday, March 13. Morgan Stanley reduced their price target for Accenture in a report published on March 15th from $340.00 down to $325.00. The company was also given an 'overweight rating'. Piper Jaffray Companies raised their price target for Accenture to $250.00 from $245.00 in a report released on Monday, 27th March. They also gave the stock a 'underweight rating'. Edward Jones upgraded Accenture's rating from a "hold" to a "buy" in a report published on Wednesday, 4/5. Two analysts have rated Accenture with a sell, seven have given it a hold and twelve have given it a buy. According to data from MarketBeat.com Accenture's average rating is 'Hold' with a consensus target price of $317.00.
Accenture Stock Performance
During mid-day Monday trading, the stock rose $2.83 to $311.55. Stocks of the company traded at 2,642,301 compared to 2,465,807 shares on average. Accenture plc's 12-month low is $242.80, and its 12-month high is $322.88. The company's market capitalization is $196.86 Billion, with a P/E of 28.66 and a PEG of 2.81, as well as a beta of 1.24%. The company's two-hundred and fifty day moving mean price is $278.75.
The last time ) released quarterly earnings was on Thursday 23rd March. Information technology services provider, Accenture, reported $2.69 per share in earnings for the third quarter. This was $0.20 more than analysts' expectations of $2.49. Accenture's net margin was 11.00%, and its return on equity was 30.73%. Analysts had predicted $15.59 billion in revenue for the quarter. The company's revenue was $15.81 Billion. Accenture's revenue increased 5.1% from the same quarter of last year. In the same quarter last year, Accenture earned $2.54 in earnings per share. Research analysts expect Accenture plc to post an average of 11.57 EPS in the current fiscal.
Accenture Dividend Announcement
A quarterly dividend was also declared by the company and paid out on May 15th. Dividends were paid to shareholders who had their shares in the company's books on April 13th. The dividend was $1.12 per share. The dividend was paid on Wednesday, April 12. The dividend yield is 1.44%. This amounts to a $4.48 annualized dividend and a dividend of $4.48. Accenture's current dividend payout ratio is 41.25%.
On Monday, 24th April, the company sold 5,250 shares. The shares were bought at $275.90 on average, with a value of $1.448,475.00. After the transaction was completed, the insider owns directly 26,908 shares of the company valued at $7.423,917.20. On Monday, 24th April, the company sold 5,250 shares. The shares were purchased at $275.90 on average, with a value of $1.448,475.00. After the sale was completed, the insider owns directly 26,908 shares worth $7,423,917.20. On Friday, April 21, 556 shares were sold in the company's stock. The stock was bought at a price of $276.82 on average, for a transaction totaling $153,911.92. After the sale is complete, the general attorney now owns directly 42,739 of the company's shares, valued at approximately $11,831,009.98. Insiders have sold 15,010 company shares worth $4,180.030 over the past three months. Corporate insiders hold 0.08% the stock of their company.
Accenture Company Profile
Accenture plc is a global professional services firm that provides services in strategy and consulting as well as interactive, industry X and song. It also offers software and quality engineering, data management, intelligent automation, enterprise architecture, software and quality engineering, and application management. The company provides application services including agile transformations, DevOps and enterprise architecture. It also offers software and quality engineering and data management. Intelligent automation includes robotic process automation and natural language processing.
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