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Accenture reports strong earnings and revenue growth despite reduced holdings by Insigneo and insider sales.
Investment firm Insigneo Advisory Services LLC reduced its holdings in Accenture plc (NYSE: ACN), but the company still reported higher-than-expected earnings of $2.82 per share and a 5.7% year-over-year revenue increase to $16.70 billion.
Despite some insider sales, Accenture's stock has a "Moderate Buy" rating and a target price of $378.23.
The company also announced a quarterly dividend of $1.48 per share, payable in May.
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Accenture reporta fuertes ganancias y crecimiento de ingresos a pesar de la reducción de las participaciones de Insigneo y las ventas internas.