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Accenture's stock gains as institutional investors boost holdings despite US Bancorp DE selling shares.
Onefund LLC and other institutional investors increased their stakes in Accenture, with institutional investors collectively owning 75.14% of the company's stock.
Accenture reported a strong fourth quarter, exceeding earnings per share (EPS) estimates by $0.16, with EPS at $3.59 and revenue up 9.0% to $17.69 billion.
Despite US Bancorp DE selling shares, analysts have a "Moderate Buy" consensus rating on Accenture with a target price of $388.96.
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Las ganancias bursátiles de Accenture a medida que los inversores institucionales impulsan las tenencias a pesar de las acciones de venta de US Bancorp DE.