Buckley Wealth Management LLC Purchased 154 Shares of Accenture Plc (ACN)

Buckley Wealth Management LLC Purchased 154 Shares of Accenture Plc (ACN)

Buckley Wealth Management LLC grew its stake in shares of Accenture Plc (NYSE:ACN) by 4.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,675 shares of the information technology services provider’s stock after acquiring an additional 154 shares during the period. Buckley Wealth Management LLC’s holdings in Accenture were worth $518,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in ACN. Weatherstone Capital Management raised its stake in Accenture by 8.8% during the 3rd quarter. Weatherstone Capital Management now owns 4,792 shares of the information technology services provider’s stock valued at $816,000 after purchasing an additional 388 shares during the period. Carnick & Kubik Group LLC raised its stake in Accenture by 10.8% during the 3rd quarter. Carnick & Kubik Group LLC now owns 47,036 shares of the information technology services provider’s stock valued at $8,005,000 after purchasing an additional 4,576 shares during the period. Steward Partners Investment Advisory LLC raised its stake in Accenture by 13.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,162 shares of the information technology services provider’s stock valued at $1,997,000 after purchasing an additional 1,661 shares during the period. TrimTabs Asset Management LLC acquired a new stake in Accenture during the 4th quarter valued at $1,108,000. Finally, Royal London Asset Management Ltd. raised its stake in Accenture by 19.0% during the 3rd quarter. Royal London Asset Management Ltd. now owns 310,003 shares of the information technology services provider’s stock valued at $51,724,000 after purchasing an additional 49,588 shares during the period. Institutional investors own 70.56% of the company’s stock.

In other news, CEO Pierre Nanterme sold 37,846 shares of the company’s stock in a transaction on Monday, December 24th. The shares were sold at an average price of $135.16, for a total value of $5,115,265.36. Following the transaction, the chief executive officer now directly owns 368,212 shares of the company’s stock, valued at $49,767,533.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ellyn Shook sold 1,172 shares of the company’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $155.00, for a total transaction of $181,660.00. Following the completion of the transaction, the insider now directly owns 36,337 shares in the company, valued at $5,632,235. The disclosure for this sale can be found here. Insiders sold 61,033 shares of company stock worth $8,481,437 over the last ninety days. 0.18% of the stock is currently owned by company insiders.

NYSE ACN opened at $155.59 on Friday. Accenture Plc has a 1-year low of $132.63 and a 1-year high of $175.64. The firm has a market capitalization of $103.08 billion, a PE ratio of 23.08, a P/E/G ratio of 2.09 and a beta of 1.10.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Thursday, December 20th. The information technology services provider reported $1.96 earnings per share for the quarter, topping 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 business had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $10.54 billion. During the same period in the prior year, the business posted $1.79 earnings per share. Accenture’s revenue for the quarter was up 7.3% compared to the same quarter last year. Research analysts predict that Accenture Plc will post 7.2 EPS for the current fiscal year.

Several brokerages have issued reports on ACN. Zacks Investment Research raised shares of Accenture from a “sell” rating to a “hold” rating in a research note on Tuesday, December 4th. Wells Fargo & Co set a $165.00 target price on shares of Accenture and gave the company a “buy” rating in a research note on Thursday, December 20th. KeyCorp reissued a “buy” rating and set a $173.00 target price on shares of Accenture in a research note on Friday, December 21st. ValuEngine downgraded shares of Accenture from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, SunTrust Banks set a $157.00 target price on shares of Accenture and gave the company a “hold” rating in a research note on Wednesday, January 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and sixteen have issued a buy rating to the company’s stock. Accenture currently has an average rating of “Buy” and an average target price of $173.84.

Accenture Company 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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