Accenture PLC (NYSE:ACN) COO Johan Deblaere sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $135.05, for a total transaction of $675,250.00. Following the sale, the chief operating officer now owns 120,817 shares of the company’s stock, valued at $16,316,335.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Accenture PLC (NYSE ACN) opened at 135.16 on Thursday. The stock’s 50 day moving average is $133.11 and its 200-day moving average is $125.94. The company has a market cap of $83.46 billion, a P/E ratio of 24.84 and a beta of 1.08. Accenture PLC has a 12-month low of $112.31 and a 12-month high of $138.70.

Accenture PLC (NYSE:ACN) last released its quarterly earnings results on Thursday, September 28th. The information technology services provider reported $1.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.01. The company had revenue of $9.15 billion during the quarter, compared to analysts’ expectations of $9.01 billion. Accenture PLC had a net margin of 9.37% and a return on equity of 42.65%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.31 earnings per share. Analysts predict that Accenture PLC will post $6.55 earnings per share for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, November 15th. Investors of record on Thursday, October 19th will be issued a dividend of $1.33 per share. This represents a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, October 18th. Accenture PLC’s payout ratio is 44.49%.

COPYRIGHT VIOLATION NOTICE: “Johan Deblaere Sells 5,000 Shares of Accenture PLC (ACN) Stock” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/10/05/johan-deblaere-sells-5000-shares-of-accenture-plc-acn-stock.html.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Canada Pension Plan Investment Board boosted its holdings in Accenture PLC by 18.9% during the second quarter. Canada Pension Plan Investment Board now owns 473,257 shares of the information technology services provider’s stock worth $58,532,000 after purchasing an additional 75,100 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Accenture PLC by 4.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 2,087,814 shares of the information technology services provider’s stock worth $258,221,000 after purchasing an additional 97,760 shares during the last quarter. Retirement Systems of Alabama boosted its holdings in Accenture PLC by 0.3% during the second quarter. Retirement Systems of Alabama now owns 340,128 shares of the information technology services provider’s stock worth $42,067,000 after purchasing an additional 916 shares during the last quarter. Waldron LP boosted its holdings in Accenture PLC by 93.3% during the first quarter. Waldron LP now owns 5,709 shares of the information technology services provider’s stock worth $684,000 after purchasing an additional 2,756 shares during the last quarter. Finally, Vigilant Capital Management LLC boosted its holdings in Accenture PLC by 1.8% during the second quarter. Vigilant Capital Management LLC now owns 101,619 shares of the information technology services provider’s stock worth $12,568,000 after purchasing an additional 1,780 shares during the last quarter. Institutional investors and hedge funds own 77.73% of the company’s stock.

A number of analysts recently weighed in on the stock. Susquehanna Bancshares Inc restated a “neutral” rating and set a $144.00 target price on shares of Accenture PLC in a report on Tuesday. UBS AG cut shares of Accenture PLC from a “positive” rating to a “neutral” rating in a report on Tuesday. SunTrust Banks, Inc. set a $130.00 target price on shares of Accenture PLC and gave the stock a “hold” rating in a report on Sunday. Stifel Nicolaus restated a “buy” rating and set a $150.00 target price on shares of Accenture PLC in a report on Sunday. Finally, BMO Capital Markets raised their target price on shares of Accenture PLC from $130.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, September 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $141.84.

Accenture PLC Company Profile

Accenture plc is a professional services company serving clients in various industries and in geographic regions, including North America, Europe and Growth Markets. The Company provides management and technology consulting services. Its segments include Communications, Media and Technology; Financial Services; Health and Public Service; Products, and Resources.

Insider Buying and Selling by Quarter for Accenture PLC (NYSE:ACN)

Receive News & Stock Ratings for Accenture PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture PLC and related stocks with our FREE daily email newsletter.