As Netflix (NFLX) Market Valuation Rose, Holder Tpg Group Holdings Sbs Advisors Has Cut Its Holding; Richard Bernstein Advisors Boosted Its Stake in Accenture Plc Ireland (ACN) as Shares Declined

April 25, 2018 - By Louis Casey

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Tpg Group Holdings Sbs Advisors Inc decreased its stake in Netflix Inc. (NFLX) by 21.36% based on its latest 2017Q4 regulatory filing with the SEC. Tpg Group Holdings Sbs Advisors Inc sold 5,543 shares as the company’s stock rose 58.31% while stock markets declined. The institutional investor held 20,411 shares of the consumer services company at the end of 2017Q4, valued at $3.92M, down from 25,954 at the end of the previous reported quarter. Tpg Group Holdings Sbs Advisors Inc who had been investing in Netflix Inc. for a number of months, seems to be less bullish one the $132.26B market cap company. The stock decreased 0.89% or $2.74 during the last trading session, reaching $304.28. About 10.71M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 25, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Richard Bernstein Advisors Llc increased its stake in Accenture Plc Ireland (ACN) by 13.87% based on its latest 2017Q4 regulatory filing with the SEC. Richard Bernstein Advisors Llc bought 6,333 shares as the company’s stock declined 3.27% with the market. The institutional investor held 51,980 shares of the business services company at the end of 2017Q4, valued at $7.96M, up from 45,647 at the end of the previous reported quarter. Richard Bernstein Advisors Llc who had been investing in Accenture Plc Ireland for a number of months, seems to be bullish on the $96.03B market cap company. The stock decreased 1.16% or $1.75 during the last trading session, reaching $149.32. About 1.16M shares traded. Accenture plc (NYSE:ACN) has risen 24.68% since April 25, 2017 and is uptrending. It has outperformed by 13.13% 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 96 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, June 24, the company rating was downgraded by Credit Suisse. The rating was maintained by JP Morgan on Monday, March 28 with “Overweight”. The stock has “Buy” rating by Pivotal Research on Wednesday, November 8. The rating was downgraded by Susquehanna to “Neutral” on Tuesday, October 3. The stock of Accenture plc (NYSE:ACN) earned “Outperform” rating by Wedbush on Friday, September 9. The firm has “Hold” rating given on Friday, June 16 by Morgan Stanley. The stock of Accenture plc (NYSE:ACN) earned “Outperform” rating by Wells Fargo on Friday, September 29. The firm has “Buy” rating by Cowen & Co given on Monday, October 23. Berenberg initiated it with “Buy” rating and $140 target in Thursday, October 13 report. Barclays Capital maintained Accenture plc (NYSE:ACN) on Thursday, December 22 with “Equal Weight” rating.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It is negative, 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. Reliant Investment Mngmt Limited Liability Company holds 2.36% or 22,500 shares in its portfolio. First Merchants Corp, Indiana-based fund reported 35,413 shares. 159,871 are held by State Of Tennessee Treasury Department. American Trust Advisors Ltd owns 1,475 shares or 0.18% of their US portfolio. Keating Counselors holds 0.25% or 3,865 shares in its portfolio. New York-based Williams Jones & Limited Liability Corporation has invested 1.16% in Accenture plc (NYSE:ACN). Hanson Doremus Investment holds 0.01% or 125 shares. Moreover, Alphamark Advisors Limited Liability Com has 0.14% invested in Accenture plc (NYSE:ACN) for 2,299 shares. Curbstone Fincl Mngmt Corporation invested 0.2% of its portfolio in Accenture plc (NYSE:ACN). Praesidium Mngmt Limited Liability Corp has 785,142 shares. Savings Bank Of The Ozarks holds 2,920 shares. Legacy Private Tru Communication reported 0.56% stake. Landscape Capital Management Ltd Company accumulated 4,694 shares or 0.06% of the stock. Graham Management LP owns 16,985 shares. New York-based Bluefin Trading Limited Liability Com has invested 0.01% in Accenture plc (NYSE:ACN).

Since October 30, 2017, it had 0 buys, and 33 insider sales for $139.31 million activity. On Tuesday, January 16 the insider Peters Gregory K sold $1.92M. Shares for $17.00M were sold by HASTINGS REED on Monday, January 22. The insider FRIEDLAND JONATHAN sold 2,743 shares worth $563,938. Another trade for 700 shares valued at $178,406 was made by BARTON RICHARD N on Monday, February 5. HOAG JAY C sold $3.01M worth of stock. BATTLE A GEORGE sold 10,716 shares worth $2.77 million.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.19, from 1.12 in 2017Q3. It increased, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Lord Abbett & Limited holds 0.12% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 220,524 shares. Lombard Odier Asset (Switzerland) Sa holds 1,381 shares or 0.03% of its portfolio. Arizona State Retirement Sys reported 0.23% stake. Coatue Management Ltd Company invested in 4.39% or 2.92 million shares. Colony Group Ltd Company stated it has 0.16% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Svcs Automobile Association has 296,993 shares for 0.16% of their portfolio. State Common Retirement Fund holds 0.27% in Netflix, Inc. (NASDAQ:NFLX) or 1.19 million shares. Badgley Phelps And Bell holds 48,727 shares or 0.64% of its portfolio. Private Ocean Limited Com reported 16 shares stake. Moreover, Oppenheimer Asset has 0.03% invested in Netflix, Inc. (NASDAQ:NFLX). The Kansas-based Intrust National Bank Na has invested 0.1% in Netflix, Inc. (NASDAQ:NFLX). Ameriprise Fincl has invested 0.04% in Netflix, Inc. (NASDAQ:NFLX). Mai Mngmt invested in 0.1% or 9,497 shares. Cwm Limited Liability Company has invested 0.01% in Netflix, Inc. (NASDAQ:NFLX). Westpac holds 100,146 shares.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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