Accenture Plc Ireland (ACN) Shareholder Great West Life Assurance Company Has Raised Stake by $1.35 Million; As American Tower New (AMT) Stock Price Rose, Echo Street Capital Management Trimmed Its Holding

February 20, 2018 - By Dolores Ford

Great West Life Assurance Company increased its stake in Accenture Plc Ireland (ACN) by 1.43% based on its latest 2017Q3 regulatory filing with the SEC. Great West Life Assurance Company bought 9,932 shares as the company’s stock declined 0.21% while stock markets rallied. The institutional investor held 706,279 shares of the business services company at the end of 2017Q3, valued at $96.17 million, up from 696,347 at the end of the previous reported quarter. Great West Life Assurance Company who had been investing in Accenture Plc Ireland for a number of months, seems to be bullish on the $100.31B market cap company. The stock increased 0.99% or $1.6 during the last trading session, reaching $162.66. About 2.00M shares traded. Accenture plc (NYSE:ACN) has risen 4.27% since February 20, 2017 and is uptrending. It has underperformed by 12.43% the S&P500.

Greg Poole decreased its stake in American Tower Corp New (AMT) by 4.43% based on its latest 2017Q3 regulatory filing with the SEC. Echo Street Capital Management Llc sold 31,947 shares as the company’s stock rose 18.69% with the market. The hedge fund run by Greg Poole held 689,400 shares of the real estate investment trusts company at the end of 2017Q3, valued at $94.23M, down from 721,347 at the end of the previous reported quarter. Echo Street Capital Management Llc who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $60.05 billion market cap company. The stock increased 2.79% or $3.8 during the last trading session, reaching $140.02. About 3.02M shares traded or 22.10% up from the average. American Tower Corporation (NYSE:AMT) has risen 23.66% since February 20, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Accenture Plc had 89 analyst reports since August 12, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Hold” rating in Thursday, September 28 report. The company was downgraded on Wednesday, May 24 by SunTrust. SunTrust maintained the shares of ACN in report on Thursday, December 21 with “Hold” rating. The firm has “Hold” rating given on Thursday, November 2 by Jefferies. As per Friday, June 23, the company rating was maintained by Goldman Sachs. The stock of Accenture plc (NYSE:ACN) earned “Outperform” rating by Wedbush on Friday, September 9. Goldman Sachs downgraded Accenture plc (NYSE:ACN) rating on Monday, April 3. Goldman Sachs has “Sell” rating and $11 target. Cantor Fitzgerald maintained the shares of ACN in report on Thursday, June 15 with “Buy” rating. The firm has “Buy” rating by Argus Research given on Tuesday, September 8. The stock has “Hold” rating by Morgan Stanley on Friday, June 16.

Great West Life Assurance Company, which manages about $40.22 billion US Long portfolio, decreased its stake in Cooper Std Hldgs Inc (NYSE:CPS) by 3,368 shares to 22,198 shares, valued at $2.60 million in 2017Q3, according to the filing. It also reduced its holding in Nrg Yield Inc by 33,015 shares in the quarter, leaving it with 7,817 shares, and cut its stake in Chemed Corp New (NYSE:CHE).

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.05, from 1.05 in 2017Q2. It turned negative, as 40 investors sold ACN shares while 370 reduced holdings. 97 funds opened positions while 315 raised stakes. 461.53 million shares or 1.06% less from 466.45 million shares in 2017Q2 were reported. Notis holds 0.51% of its portfolio in Accenture plc (NYSE:ACN) for 6,026 shares. Invesco Limited stated it has 1.94M shares or 0.1% of all its holdings. Paloma Partners Mgmt Co owns 19,199 shares. National Bank Of The Ozarks invested in 3,515 shares. Gemmer Asset Management Ltd Liability Company has 324 shares for 0.02% of their portfolio. Canada Pension Plan Board owns 0.24% invested in Accenture plc (NYSE:ACN) for 865,231 shares. Rdl Financial Incorporated invested in 17,719 shares. 1,678 are held by Warren Averett Asset Management Limited Liability Co. Segment Wealth Mgmt Limited Liability Com has 0.99% invested in Accenture plc (NYSE:ACN) for 27,603 shares. Ftb, a Tennessee-based fund reported 1,695 shares. Texas Yale Capital holds 0.07% of its portfolio in Accenture plc (NYSE:ACN) for 5,925 shares. Moreover, Zwj Inv Counsel has 0.56% invested in Accenture plc (NYSE:ACN) for 53,391 shares. Martin Currie has 0.48% invested in Accenture plc (NYSE:ACN) for 46,509 shares. Fifth Third Savings Bank holds 0.45% or 462,066 shares. Wcm Investment Management Ca has 4.99 million shares for 8.51% of their portfolio.

Among 19 analysts covering American Tower Corporation (NYSE:AMT), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. American Tower Corporation had 68 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, July 30 report. The rating was maintained by Oppenheimer on Thursday, July 27 with “Buy”. The firm has “Buy” rating by Jefferies given on Monday, August 7. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) rating on Monday, October 2. RBC Capital Markets has “Buy” rating and $153.0 target. The firm has “Buy” rating given on Wednesday, August 10 by Citigroup. Stifel Nicolaus maintained American Tower Corporation (NYSE:REIT) on Tuesday, July 4 with “Buy” rating. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Monday, July 3 by Jefferies. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, September 13. The firm earned “Buy” rating on Monday, October 23 by Cowen & Co. The company was maintained on Friday, July 28 by RBC Capital Markets.

Since August 24, 2017, it had 0 insider purchases, and 7 insider sales for $18.32 million activity. TAICLET JAMES D JR sold $4.96 million worth of stock or 34,000 shares. On Wednesday, December 13 SHARBUTT DAVID E sold $228,793 worth of American Tower Corporation (NYSE:REIT) or 1,584 shares. REEVE PAMELA D A sold $717,450 worth of American Tower Corporation (NYSE:REIT) on Thursday, August 24. 10,000 shares were sold by DiSanto Edmund, worth $1.36 million on Friday, September 29.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>