Roundview Capital LLC grew its position in shares of Accenture Plc (NYSE:ACN) by 71.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,870 shares of the information technology services provider’s stock after buying an additional 1,200 shares during the period. Roundview Capital LLC’s holdings in Accenture were worth $439,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Eagle Ridge Investment Management acquired a new stake in shares of Accenture during the 3rd quarter worth approximately $359,000. Atlanta Capital Management Co. L L C raised its position in shares of Accenture by 4.6% during the 3rd quarter. Atlanta Capital Management Co. L L C now owns 580,977 shares of the information technology services provider’s stock worth $78,472,000 after purchasing an additional 25,671 shares during the period. Koch Industries Inc. raised its position in shares of Accenture by 18,227.9% during the 2nd quarter. Koch Industries Inc. now owns 329,903 shares of the information technology services provider’s stock worth $327,000 after purchasing an additional 328,103 shares during the period. Lenox Wealth Management Inc. acquired a new stake in shares of Accenture during the 2nd quarter worth approximately $1,591,000. Finally, MU Investments Co. Ltd. acquired a new stake in shares of Accenture during the 4th quarter worth approximately $5,654,000. 75.63% of the stock is currently owned by institutional investors.

In other news, CEO Pierre Nanterme sold 34,232 shares of Accenture stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $152.94, for a total transaction of $5,235,442.08. Following the transaction, the chief executive officer now directly owns 262,490 shares in the company, valued at approximately $40,145,220.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO David Rowland sold 3,102 shares of Accenture stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $161.21, for a total value of $500,073.42. Following the transaction, the chief financial officer now owns 25,012 shares in the company, valued at $4,032,184.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 115,249 shares of company stock worth $17,795,548. 0.21% of the stock is owned by insiders.

A number of brokerages have recently weighed in on ACN. KeyCorp increased their price target on Accenture from $157.00 to $172.00 and gave the stock an “overweight” rating in a research report on Saturday, December 30th. SunTrust Banks reiterated a “hold” rating and set a $164.00 price target on shares of Accenture in a research report on Thursday, December 21st. Barclays increased their price target on Accenture from $135.00 to $152.00 and gave the stock an “equal weight” rating in a research report on Friday, December 22nd. Cowen restated a “buy” rating and issued a $166.00 target price on shares of Accenture in a research report on Friday, December 22nd. Finally, Susquehanna Bancshares restated a “hold” rating and issued a $145.00 target price on shares of Accenture in a research report on Tuesday, December 26th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company. Accenture currently has an average rating of “Hold” and a consensus target price of $156.57.

Accenture Plc (NYSE:ACN) opened at $154.95 on Tuesday. Accenture Plc has a 1 year low of $114.82 and a 1 year high of $162.60. The stock has a market capitalization of $97,731.16, a price-to-earnings ratio of 27.42, a PEG ratio of 2.31 and a beta of 1.05.

Accenture (NYSE:ACN) last issued its quarterly earnings results on Thursday, December 21st. The information technology services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.12. Accenture had a return on equity of 41.79% and a net margin of 9.43%. The company had revenue of $9.52 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same period last year, the firm earned $1.58 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. research analysts expect that Accenture Plc will post 6.65 EPS for the current year.

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About Accenture

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.

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Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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