Exchange Capital Management Raised Its Accenture Plc (ACN) Position; Marsico Capital Management Has Decreased Amazon Com (AMZN) Holding

April 17, 2018 - By Richard Conner

Accenture plc (NYSE:ACN) Logo

Exchange Capital Management Inc increased Accenture Plc (ACN) stake by 20.14% reported in 2017Q4 SEC filing. Exchange Capital Management Inc acquired 2,743 shares as Accenture Plc (ACN)’s stock declined 3.27%. The Exchange Capital Management Inc holds 16,364 shares with $2.51 million value, up from 13,621 last quarter. Accenture Plc now has $97.38 billion valuation. The stock increased 0.86% or $1.29 during the last trading session, reaching $151.42. About 2.15M shares traded. Accenture plc (NYSE:ACN) has risen 24.68% since April 17, 2017 and is uptrending. It has outperformed by 13.13% the S&P500.

Marsico Capital Management Llc decreased Amazon Com Inc (AMZN) stake by 6.72% reported in 2017Q4 SEC filing. Marsico Capital Management Llc sold 9,200 shares as Amazon Com Inc (AMZN)’s stock rose 28.13%. The Marsico Capital Management Llc holds 127,784 shares with $149.44M value, down from 136,984 last quarter. Amazon Com Inc now has $697.84B valuation. The stock increased 0.75% or $10.71 during the last trading session, reaching $1441.5. About 2.63M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 17, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Exchange Capital Management Inc decreased Gemphire Therapeutics Inc stake by 496,912 shares to 42,276 valued at $336,000 in 2017Q4. It also reduced Consumer Discret Sel Sect Spdr(R) Etf (XLY) stake by 8,803 shares and now owns 23,114 shares. Vanguard Materials Etf (VAW) was reduced too.

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. Goldman Sachs maintained Accenture plc (NYSE:ACN) rating on Friday, June 23. Goldman Sachs has “Sell” rating and $11000 target. The rating was maintained by KeyBanc Capital Markets on Friday, December 22 with “Buy”. The stock of Accenture plc (NYSE:ACN) has “Hold” rating given on Thursday, September 21 by Robert W. Baird. The firm has “Hold” rating given on Thursday, March 22 by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, September 7 report. The firm has “Hold” rating by SunTrust given on Friday, September 29. Societe Generale downgraded the shares of ACN in report on Thursday, September 28 to “Hold” rating. The stock of Accenture plc (NYSE:ACN) has “Buy” rating given on Thursday, October 13 by Berenberg. Barclays Capital maintained the stock with “Equalweight” rating in Monday, March 28 report. Morgan Stanley maintained the shares of ACN in report on Friday, September 22 with “Equal-Weight” rating.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It dropped, 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. Moreover, North Star Investment Management has 0.05% invested in Accenture plc (NYSE:ACN) for 2,544 shares. 5,150 are owned by Hartwell J M Limited Partnership. Reilly Finance Limited Co accumulated 83,249 shares. Quadrant Capital Mgmt owns 24,055 shares for 2.59% of their portfolio. Motco holds 0.57% or 37,029 shares. California Pub Employees Retirement Systems reported 1.68M shares. Hanson Mcclain owns 238 shares. Toronto Dominion Bankshares reported 266,200 shares or 0.12% of all its holdings. Moreover, Haverford Tru Co has 2.45% invested in Accenture plc (NYSE:ACN) for 815,822 shares. 1,962 were reported by Jennison Limited. The Ohio-based Cincinnati Ins has invested 2.95% in Accenture plc (NYSE:ACN). 1,545 are owned by Murphy Pohlad Asset Mngmt Limited Liability. Burt Wealth owns 1,050 shares for 0.1% of their portfolio. Korea Investment Corp has 347,759 shares for 0.24% of their portfolio. 6,576 were reported by Cognios Limited Liability.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26 after the close. They expect $1.19 earnings per share, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 302.84 P/E if the $1.19 EPS becomes a reality. After $2.16 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It increased, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Mitchell Mcleod Pugh And Williams holds 1.16% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,439 shares. Jolley Asset Management Limited Com holds 0.01% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 15 shares. Ledyard Financial Bank holds 7,922 shares. Solaris Asset Mngmt Llc has 4,934 shares. Ifc Holdings Inc Fl holds 0.19% in Amazon.com, Inc. (NASDAQ:AMZN) or 2,303 shares. Mar Vista Investment Ltd Company owns 50,050 shares. Stanley owns 207 shares or 0.05% of their US portfolio. Smithfield Comm stated it has 0.13% in Amazon.com, Inc. (NASDAQ:AMZN). 157,152 were accumulated by Lord Abbett Commerce Limited Liability Company. Zevenbergen Cap Ltd Liability Company reported 147,536 shares. Hl Fincl Services invested 0.09% in Amazon.com, Inc. (NASDAQ:AMZN). Arrowstreet Capital Ltd Partnership invested in 1,200 shares or 0% of the stock. Banced Corporation holds 665 shares. Paradigm Asset Mngmt Limited Liability Com invested 0.83% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 6,149 were accumulated by Zevin Asset Ltd Liability Company.

Since December 7, 2017, it had 0 insider buys, and 13 selling transactions for $45.88 million activity. 2,000 shares valued at $2.91 million were sold by WILKE JEFFREY A on Friday, February 16. ALBERG TOM A had sold 670 shares worth $1.01 million on Wednesday, February 21. Zapolsky David also sold $3.24 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. Another trade for 1,985 shares valued at $2.90M was made by Jassy Andrew R on Thursday, February 15. On Thursday, February 15 the insider Olsavsky Brian T sold $3.42M. Another trade for 544 shares valued at $795,502 was sold by Reynolds Shelley. Blackburn Jeffrey M also sold $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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