2 hours Ago By Defense World Staff
Marotta Asset Management decreased its holdings in shares of Accenture plc ( NYSE:ACN – Free Report ) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,447 shares of the information technology services provider’s stock after selling 29 shares during the quarter.
Marotta Asset Management’s holdings in Accenture were worth $865,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also recently made changes to their positions in the company. Unique Wealth Strategies LLC acquired a new stake in shares of Accenture during the 2nd quarter valued at $26,000.
Annapolis Financial Services LLC boosted its stake in shares of Accenture by 507.7% during the first quarter. Annapolis Financial Services LLC now owns 79 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 66 shares in the last quarter.
Strategic Financial Concepts LLC acquired a new position in shares of Accenture in the second quarter valued at approximately $28,000. Ables Iannone Moore & Associates Inc. bought a new position in Accenture in the 4th quarter valued at approximately $29,000.
Finally, Atwood & Palmer Inc. grew its stake in shares of Accenture by 214.8% in the first quarter.
Atwood & Palmer Inc. now owns 85 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 58 shares during the last quarter. Institutional investors own 75.
14% of the company’s stock. Insider Transactions at Accenture In other news, insider Ellyn Shook sold 5,000 shares of the company’s stock in a transaction dated Tuesday, July 23rd. The stock was sold at an average price of $329.
82, for a total transaction of $1,649,100.00. Following the sale, the insider now directly owns 8,989 shares in the company, valued at $2,964,751.
98. The sale was disclosed in a document filed with the SEC, which is available at this link . In related news, insider Ellyn Shook sold 5,000 shares of the stock in a transaction on Tuesday, July 23rd.
The stock was sold at an average price of $329.82, for a total value of $1,649,100.00.
Following the sale, the insider now owns 8,989 shares in the company, valued at $2,964,751.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
Also, General Counsel Joel Unruch sold 8,145 shares of the company’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $331.05, for a total value of $2,696,402.
25. Following the completion of the transaction, the general counsel now owns 22,849 shares in the company, valued at $7,564,161.45.
The disclosure for this sale can be found here . Insiders sold 21,421 shares of company stock valued at $6,912,635 over the last three months. Company insiders own 0.
07% of the company’s stock. Analyst Ratings Changes View Our Latest Analysis on ACN Accenture Stock Up 1.4 % Shares of ACN stock opened at $361.
37 on Friday. Accenture plc has a 12-month low of $278.69 and a 12-month high of $387.
51. The company has a 50 day moving average of $335.96 and a 200-day moving average of $320.
60. The firm has a market cap of $226.47 billion, a P/E ratio of 33.
09, a PEG ratio of 3.69 and a beta of 1.25.
Accenture ( NYSE:ACN – Get Free Report ) last issued its quarterly earnings results on Thursday, September 26th. The information technology services provider reported $2.79 EPS for the quarter, beating analysts’ consensus estimates of $2.
78 by $0.01. The firm had revenue of $16.
41 billion for the quarter, compared to analysts’ expectations of $16.37 billion. Accenture had a return on equity of 27.
48% and a net margin of 10.79%. The business’s revenue for the quarter was up 2.
6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.71 EPS.
As a group, equities analysts expect that Accenture plc will post 11.95 EPS for the current year. Accenture declared that its board has approved a stock repurchase program on Thursday, September 26th that allows the company to buyback $4.
00 billion in outstanding shares. This buyback authorization allows the information technology services provider to purchase up to 1.8% of its shares through open market purchases.
Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued. Accenture Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be issued a dividend of $1.
48 per share. This is a boost from Accenture’s previous quarterly dividend of $1.29.
The ex-dividend date is Thursday, October 10th. This represents a $5.92 dividend on an annualized basis and a yield of 1.
64%. Accenture’s payout ratio is presently 54.21%.
Accenture Profile ( Free Report ) Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services. Further Reading Five stocks we like better than Accenture Stock Market Upgrades: What Are They? When Is the Best Time to Invest in Mutual Funds? Stock Sentiment Analysis: How it Works Is NVIDIA Stock in a Correction or Consolidation? How to Use the MarketBeat Dividend Calculator 3 Oversold Stocks with Big RSI Rebound Potential Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Accenture plc ( NYSE:ACN – Free Report ). Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter .
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