Global Endowment Management LP Continues to Hold Position in Accenture Plc Ireland (ACN); Aegis Financial Lifted Stake in Fly Leasing LTD (FLY)

April 24, 2018 - By Lawrence Diaz

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Global Endowment Management Lp increased its stake in Accenture Plc Ireland (ACN) by 53.03% based on its latest 2017Q4 regulatory filing with the SEC. Global Endowment Management Lp bought 2,100 shares as the company’s stock declined 3.27% with the market. The institutional investor held 6,060 shares of the business services company at the end of 2017Q4, valued at $928,000, up from 3,960 at the end of the previous reported quarter. Global Endowment Management Lp who had been investing in Accenture Plc Ireland for a number of months, seems to be bullish on the $98.42 billion market cap company. The stock increased 0.41% or $0.63 during the last trading session, reaching $153.04. About 1.53M shares traded. Accenture plc (NYSE:ACN) has risen 24.68% since April 24, 2017 and is uptrending. It has outperformed by 13.13% the S&P500.

Aegis Financial Corp increased its stake in Fly Leasing Ltd (FLY) by 34.68% based on its latest 2017Q4 regulatory filing with the SEC. Aegis Financial Corp bought 139,404 shares as the company’s stock rose 2.62% while stock markets declined. The institutional investor held 541,400 shares of the company at the end of 2017Q4, valued at $6.99M, up from 401,996 at the end of the previous reported quarter. Aegis Financial Corp who had been investing in Fly Leasing Ltd for a number of months, seems to be bullish on the $361.55M market cap company. The stock decreased 1.22% or $0.16 during the last trading session, reaching $12.92. About 36,644 shares traded. Fly Leasing Limited (NYSE:FLY) has risen 1.84% since April 24, 2017 and is uptrending. It has underperformed by 9.71% the S&P500.

Among 6 analysts covering FLY Leasing (NYSE:FLY), 3 have Buy rating, 2 Sell and 1 Hold. Therefore 50% are positive. FLY Leasing had 22 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Fly Leasing Limited (NYSE:FLY) earned “Underweight” rating by JP Morgan on Friday, November 13. The firm has “Neutral” rating given on Monday, September 21 by Bank of America. The firm earned “Buy” rating on Thursday, November 2 by RBC Capital Markets. On Monday, September 18 the stock rating was maintained by Cowen & Co with “Buy”. On Thursday, September 21 the stock rating was maintained by RBC Capital Markets with “Buy”. On Monday, October 23 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Fly Leasing Limited (NYSE:FLY) earned “Buy” rating by Citigroup on Friday, August 19. The firm has “Outperform” rating given on Friday, July 29 by Cowen & Co. The stock of Fly Leasing Limited (NYSE:FLY) has “Buy” rating given on Friday, March 10 by Compass Point. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, July 31.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Accenture Plc had 96 analyst reports since August 12, 2015 according to SRatingsIntel. Barclays Capital maintained Accenture plc (NYSE:ACN) rating on Friday, December 22. Barclays Capital has “Equal Weight” rating and $152 target. The firm has “Neutral” rating given on Monday, March 28 by Citigroup. The firm has “Buy” rating given on Monday, May 29 by Cantor Fitzgerald. Cowen & Co maintained Accenture plc (NYSE:ACN) rating on Friday, July 28. Cowen & Co has “Buy” rating and $13500 target. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, September 28 report. The stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Stifel Nicolaus on Friday, May 20. The firm has “Hold” rating given on Monday, December 4 by Robert W. Baird. As per Friday, September 29, the company rating was maintained by RBC Capital Markets. The rating was maintained by Cantor Fitzgerald on Thursday, June 15 with “Buy”. Cowen & Co maintained Accenture plc (NYSE:ACN) rating on Friday, December 22. Cowen & Co has “Buy” rating and $166.0 target.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It dived, as 46 investors sold ACN shares while 393 reduced holdings. 108 funds opened positions while 300 raised stakes. 456.89 million shares or 1.00% less from 461.53 million shares in 2017Q3 were reported. Connor Clark Lunn Mgmt Ltd holds 178,547 shares. Zwj Investment Counsel reported 0.64% stake. Trust Department Mb Commercial Bank N A reported 29 shares. Daiwa Secs Group Inc Inc has 57,257 shares. Marco Invest Mngmt owns 19,900 shares. Bryn Mawr Trust invested in 0.04% or 4,866 shares. Front Barnett Limited Liability holds 90,471 shares. 14,275 are owned by Cibc National Bank Usa. Colonial Trust Advsr, South Carolina-based fund reported 46,129 shares. British Columbia Investment Mgmt reported 0.45% of its portfolio in Accenture plc (NYSE:ACN). Warren Averett Asset Mngmt Lc has invested 0.04% in Accenture plc (NYSE:ACN). Utah Retirement Sys stated it has 115,317 shares or 0.37% of all its holdings. Ubs Asset Mgmt Americas Inc invested in 2.76 million shares or 0.36% of the stock. Andra Ap holds 0.41% or 116,812 shares in its portfolio. Van Hulzen Asset Ltd Liability Com owns 14,712 shares.

Global Endowment Management Lp, which manages about $5.46B and $685.72M US Long portfolio, decreased its stake in Retail Pptys Amer Inc (NYSE:RPAI) by 212,300 shares to 54,420 shares, valued at $731,000 in 2017Q4, according to the filing. It also reduced its holding in Select Sector Spdr Tr (XLK) by 10,000 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Schwab Charles Corp New (NYSE:SCHW).

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