Roystone Capital Management LP Continues to Hold Holding in T Mobile Us (TMUS); Accenture Plc Ireland (ACN) Shareholder Aristotle Capital Management Trimmed Stake

May 20, 2018 - By Marguerite Chambers

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Richard Barrera increased its stake in T Mobile Us Inc (TMUS) by 20.75% based on its latest 2017Q4 regulatory filing with the SEC. Roystone Capital Management Lp bought 107,281 shares as the company’s stock declined 5.16% with the market. The hedge fund run by Richard Barrera held 624,281 shares of the public utilities company at the end of 2017Q4, valued at $39.65 million, up from 517,000 at the end of the previous reported quarter. Roystone Capital Management Lp who had been investing in T Mobile Us Inc for a number of months, seems to be bullish on the $48.21 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.93. About 3.85 million shares traded. T-Mobile US, Inc. (NYSE:TMUS) has declined 6.04% since May 20, 2017 and is downtrending. It has underperformed by 17.59% the S&P500.

Aristotle Capital Management Llc decreased its stake in Accenture Plc Ireland (ACN) by 3.46% based on its latest 2017Q4 regulatory filing with the SEC. Aristotle Capital Management Llc sold 5,021 shares as the company’s stock declined 3.27% with the market. The institutional investor held 140,231 shares of the business services company at the end of 2017Q4, valued at $21.47 million, down from 145,252 at the end of the previous reported quarter. Aristotle Capital Management Llc who had been investing in Accenture Plc Ireland for a number of months, seems to be less bullish one the $99.88B market cap company. The stock increased 0.25% or $0.38 during the last trading session, reaching $155.31. About 1.52 million shares traded. Accenture plc (NYSE:ACN) has risen 24.68% since May 20, 2017 and is uptrending. It has outperformed by 13.13% the S&P500.

More notable recent Accenture plc (NYSE:ACN) news were published by: Seekingalpha.com which released: “Buy Accenture” on May 07, 2018, also Streetinsider.com with their article: “Accenture (ACN) Announces Acquisition of Certus Solutions” published on April 30, 2018, Seekingalpha.com published: “3 Situations To Buy The Dip” on May 19, 2018. More interesting news about Accenture plc (NYSE:ACN) were released by: Benzinga.com and their article: “4 Tech Companies Seeing High Demand For Blockchain Services” published on May 18, 2018 as well as Benzinga.com‘s news article titled: “Cantor’s CoinDesk Consensus Conference Takeaways” with publication date: May 17, 2018.

Analysts await Accenture plc (NYSE:ACN) to report earnings on June, 28. They expect $1.71 EPS, up 12.50% or $0.19 from last year’s $1.52 per share. ACN’s profit will be $1.10B for 22.71 P/E if the $1.71 EPS becomes a reality. After $1.58 actual EPS reported by Accenture plc for the previous quarter, Wall Street now forecasts 8.23% EPS growth.

Aristotle Capital Management Llc, which manages about $7.10 billion and $14.42 billion US Long portfolio, upped its stake in Medtronic Plc (NYSE:MDT) by 228,388 shares to 4.39M shares, valued at $354.79 million in 2017Q4, according to the filing. It also increased its holding in Acadia Healthcare Company In (NASDAQ:ACHC) by 297,069 shares in the quarter, for a total of 6.18 million shares, and has risen its stake in Kroger Co (NYSE:KR).

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. The firm has “Neutral” rating by Susquehanna given on Tuesday, October 3. On Wednesday, September 20 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The rating was maintained by Cowen & Co on Tuesday, September 19 with “Buy”. The rating was maintained by KeyBanc Capital Markets on Friday, December 22 with “Buy”. Wedbush maintained the shares of ACN in report on Tuesday, March 20 with “Outperform” rating. Stifel Nicolaus maintained Accenture plc (NYSE:ACN) on Thursday, September 7 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Thursday, September 28. The stock of Accenture plc (NYSE:ACN) has “Buy” rating given on Friday, December 22 by Cowen & Co. Jefferies maintained it with “Hold” rating and $132.0 target in Thursday, November 2 report. The rating was maintained by SunTrust with “Hold” on Thursday, December 21.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.07, from 1 in 2017Q3. It fall, 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. Farr Miller And Washington Ltd Dc has 275,373 shares. Valley Advisers has 0% invested in Accenture plc (NYSE:ACN). 3,000 are owned by Bridges Investment Counsel. Bourgeon Capital Mngmt Limited Liability, Connecticut-based fund reported 27,625 shares. Scotia Capital Inc holds 0.05% of its portfolio in Accenture plc (NYSE:ACN) for 26,904 shares. Schwab Charles Inv reported 2.47M shares stake. Cap Advsrs Limited Co holds 0.01% or 1,314 shares. Financial Bank Of The Ozarks owns 2,920 shares. Jacobs Levy Equity invested in 0.17% or 64,116 shares. Verity And Verity Ltd Company holds 29,748 shares. Lpl Financial Limited Co has invested 0.03% in Accenture plc (NYSE:ACN). Cibc Comml Bank Usa invested 0.28% of its portfolio in Accenture plc (NYSE:ACN). Haverford Ser Inc, a Pennsylvania-based fund reported 77,458 shares. Baker Boyer Commercial Bank has 0.79% invested in Accenture plc (NYSE:ACN). Rampart Investment Mngmt Co Limited Liability Company reported 8,332 shares.

Since February 14, 2018, it had 1 buying transaction, and 0 insider sales for $17.34 million activity.

Roystone Capital Management Lp, which manages about $1.66 billion and $1.03B US Long portfolio, decreased its stake in Cardinal Health Inc (NYSE:CAH) by 323,100 shares to 131,900 shares, valued at $8.08 million in 2017Q4, according to the filing. It also reduced its holding in Dxc Technology Co by 172,800 shares in the quarter, leaving it with 417,400 shares, and cut its stake in Shire Plc (NASDAQ:SHPG).

More notable recent T-Mobile US, Inc. (NASDAQ:TMUS) news were published by: Globenewswire.com which released: “T-Mobile US, Inc. to Present at Investor Conferences” on May 10, 2018, also Nasdaq.com with their article: “Why Sprint and T-Mobile Shares Plunged On Today’s Merger News” published on April 30, 2018, Bizjournals.com published: “How Sprint’s new CEO plans to keep pressing forward during merger talks” on May 17, 2018. More interesting news about T-Mobile US, Inc. (NASDAQ:TMUS) were released by: Nasdaq.com and their article: “T-Mobile and Sprint Agree to Merge In Deal Set to Shake Up Mobile Market” published on April 30, 2018 as well as Streetinsider.com‘s news article titled: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” with publication date: May 15, 2018.

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By1 Marguerite Chambers

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