EPS for Independent Bank Corp. (INDB) Expected At $1.40; Colony Group Has Raised Accenture (ACN) Position

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Colony Group Llc increased Accenture (ACN) stake by 6.04% reported in 2019Q3 SEC filing. Colony Group Llc acquired 5,803 shares as Accenture (ACN)’s stock rose 3.96%. The Colony Group Llc holds 101,872 shares with $19.60M value, up from 96,069 last quarter. Accenture now has $131.81B valuation. The stock increased 0.16% or $0.33 during the last trading session, reaching $207.26. About 1.93 million shares traded or 5.77% up from the average. Accenture plc (NYSE:ACN) has risen 27.19% since January 16, 2019 and is uptrending. It has outperformed by 27.19% the S&P500. Some Historical ACN News: 16/04/2018 – New Accenture Study Finds 87 Percent of Focused Cyberattacks Are Prevented; 14/03/2018 – Accenture Positioned as a Leader in Magic Quadrant For SAP Application Services, Worldwide; 22/03/2018 – Accenture 2Q EPS $1.37; 29/03/2018 – MEREDITH TO SELL MEREDITH XCELERATED MARKETING TO ACCENTURE; 27/03/2018 – Four in Five North American Bank Operations Leaders Believe Their Bank’s Survival Depends on Updating Legacy Systems to; 16/05/2018 – Duck Creek Technologies’ Formation ‘18 Sees Record Attendance, Unveils P&C Innovation Lab, Sets New Bar for Operational Efficiency in the Industry; 11/04/2018 – Accenture Launches Intelligent Enterprise Platform to Help Companies Use Advanced Technologies that Fast-track Enterprise; 08/05/2018 – Genprex Selects Accenture To Support Acceleration Of Oncoprex Clinical Development Program; 28/03/2018 – Accenture Launches Cloud-Based Analytics Utility to Help U.S. Banks Improve Risk-Management and Other Functions; 23/05/2018 – Accenture Commits US$200 Million to Education, Training and Skills Initiatives Over Next Three Years to Equip Disadvantaged People for Work in the Digital Age

Analysts expect Independent Bank Corp. (NASDAQ:INDB) to report $1.40 EPS on January, 17 before the open.They anticipate $0.11 EPS change or 8.53% from last quarter’s $1.29 EPS. INDB’s profit would be $48.81 million giving it 14.33 P/E if the $1.40 EPS is correct. After having $1.50 EPS previously, Independent Bank Corp.’s analysts see -6.67% EPS growth. The stock decreased 1.39% or $1.13 during the last trading session, reaching $80.26. About 139,593 shares traded or 10.00% up from the average. Independent Bank Corp. (NASDAQ:INDB) has risen 12.63% since January 16, 2019 and is uptrending. It has outperformed by 12.63% the S&P500. Some Historical INDB News: 19/03/2018 – Rockland Trust Launches “Small Business, Big Dreams” Contest; 19/04/2018 – Independent Bank MA Total Assets Were $8.1 Billion at March 31; 20/04/2018 – DJ Independent Bank Corp, Inst Holders, 1Q 2018 (INDB); 29/05/2018 – Independent Bank Corp. and MNB Bancorp Sign Merger Agreement for Rockland Trust Company to Acquire the Milford National Bank an; 29/05/2018 – Independent Bank MA: Transaction Is Valued at Approximately $54.2 M; 19/04/2018 – INDB 1Q OPER EPS $1.00, EST. $1.05; 29/05/2018 – Independent Bank Anticipates Acquisition Will Be About 10c Accretive to Its 2019 Earnings; 11/04/2018 – Idaho Independent Bank 1Q EPS 18c; 29/05/2018 – INDEPENDENT BANK, MNB BANCORP SIGN MERGER PACT FOR ROCKLAND; 29/05/2018 – INDEPENDENT BANK – INTENDS TO FUND CASH PORTION OF CONSIDERATION FROM INTERNAL SOURCES

Among 13 analysts covering Accenture (NYSE:ACN), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Accenture has $23500 highest and $20500 lowest target. $222.31’s average target is 7.26% above currents $207.26 stock price. Accenture had 21 analyst reports since September 12, 2019 according to SRatingsIntel. Wells Fargo maintained Accenture plc (NYSE:ACN) on Thursday, January 9 with “Outperform” rating. Stifel Nicolaus maintained Accenture plc (NYSE:ACN) on Friday, December 13 with “Buy” rating. The firm has “Neutral” rating given on Friday, December 20 by Robert W. Baird. RBC Capital Markets maintained Accenture plc (NYSE:ACN) rating on Friday, December 20. RBC Capital Markets has “Outperform” rating and $22000 target. The stock of Accenture plc (NYSE:ACN) has “Buy” rating given on Friday, December 20 by Citigroup. The stock of Accenture plc (NYSE:ACN) has “Peer Perform” rating given on Monday, January 6 by Wolfe Research. The firm has “Neutral” rating by UBS given on Friday, December 20. JP Morgan maintained the stock with “Overweight” rating in Wednesday, December 18 report. The rating was maintained by Cowen & Co with “Outperform” on Monday, December 23. Argus Research maintained Accenture plc (NYSE:ACN) on Thursday, December 26 with “Buy” rating.

Investors sentiment decreased to 1.02 in 2019 Q3. Its down 0.01, from 1.03 in 2019Q2. It is negative, as 34 investors sold ACN shares while 412 reduced holdings. 114 funds opened positions while 339 raised stakes. 445.79 million shares or 0.19% less from 446.64 million shares in 2019Q2 were reported. Carroll Fincl Inc accumulated 1,714 shares. Redmond Asset Mngmt Ltd Llc holds 7,423 shares. 9,710 were reported by Montag A And Associate. Compton Cap Mgmt Ri has 8,652 shares. 7.15 million were accumulated by Financial Bank Of America De. Spears Abacus Advsrs Lc holds 2,315 shares. Tower Research Capital Ltd (Trc) invested 0.1% of its portfolio in Accenture plc (NYSE:ACN). Jones Lllp accumulated 1,938 shares. 1,188 are held by E&G Advsrs Lp. The Washington-based Smead Cap Management has invested 3.04% in Accenture plc (NYSE:ACN). Moreover, Roffman Miller Associate Pa has 0.37% invested in Accenture plc (NYSE:ACN). Wetherby Asset Management Incorporated has 22,655 shares for 0.45% of their portfolio. First Commonwealth Fincl Corporation Pa owns 3,553 shares or 0.41% of their US portfolio. British Columbia Inv Mgmt invested 0.66% in Accenture plc (NYSE:ACN). Tower Bridge Advisors stated it has 0% of its portfolio in Accenture plc (NYSE:ACN).

More notable recent Accenture plc (NYSE:ACN) news were published by: Finance.Yahoo.com which released: “Is Accenture plc (NYSE:ACN) Potentially Undervalued? – Yahoo Finance” on January 08, 2020, also Finance.Yahoo.com with their article: “How Does Accenture plc (NYSE:ACN) Fare As A Dividend Stock? – Yahoo Finance” published on December 19, 2019, Seekingalpha.com published: “Accenture: Strong Cash Generation And Reasonable Valuation – Seeking Alpha” on January 09, 2020. More interesting news about Accenture plc (NYSE:ACN) were released by: Fool.com and their article: “How Accenture’s Shares Gained 49% in 2019 – Motley Fool” published on January 13, 2020 as well as Investorideas.com‘s news article titled: “Investorideas.com Newswire – The AI Eye: GBT Technologies (OTCPINK: GTCH) Receives Early Patent Granting for Microchip and Accenture (NYSE: ACN) Opens Intelligent Operations Center – InvestorIdeas.com” with publication date: January 15, 2020.

Colony Group Llc decreased Iq Hedge Multi (QAI) stake by 11,276 shares to 482,771 valued at $14.69 million in 2019Q3. It also reduced Cable One Inc Com stake by 544 shares and now owns 1,424 shares. Pimco Enhanced Short Maturity (MINT) was reduced too.

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $2.80 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 16.95 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

More notable recent Independent Bank Corp. (NASDAQ:INDB) news were published by: Nasdaq.com which released: “ACBI vs. INDB: Which Stock Is the Better Value Option? – Nasdaq” on January 08, 2020, also Finance.Yahoo.com with their article: “Hedge Funds Have Never Been This Bullish On Independent Bank Corp (INDB) – Yahoo Finance” published on December 19, 2019, Fool.com published: “Independent Bank Corp (Mass) (INDB) Q3 2019 Earnings Call Transcript – Motley Fool” on January 06, 2020. More interesting news about Independent Bank Corp. (NASDAQ:INDB) were released by: Nasdaq.com and their article: “3 Reasons Why Yum! Brands Is Acquiring Habit Restaurants – Nasdaq” published on January 06, 2020 as well as Nasdaq.com‘s news article titled: “Warren Buffett’s 3 Best-Performing Stocks of 2019: Are They Buys Now? – Nasdaq” with publication date: January 08, 2020.

Investors sentiment decreased to 1.17 in Q3 2019. Its down 1.45, from 2.62 in 2019Q2. It turned negative, as 15 investors sold Independent Bank Corp. shares while 51 reduced holdings. 14 funds opened positions while 63 raised stakes. 26.65 million shares or 0.05% more from 26.64 million shares in 2019Q2 were reported. Envestnet Asset accumulated 11,644 shares. Baystate Wealth Mgmt Ltd Limited Liability Company holds 0.01% or 1,303 shares in its portfolio. Gemmer Asset Mngmt Ltd Llc holds 0% in Independent Bank Corp. (NASDAQ:INDB) or 85 shares. Tarbox Family Office Inc accumulated 17 shares. Voya Mgmt Limited Liability invested in 0% or 13,758 shares. Aqr Cap Mgmt Limited holds 0% or 7,867 shares in its portfolio. Diversified Tru Co accumulated 4,650 shares. Moreover, Strs Ohio has 0% invested in Independent Bank Corp. (NASDAQ:INDB). Aperio Gp Limited Company invested in 0% or 10,740 shares. Brinker Capital stated it has 6,602 shares or 0.02% of all its holdings. Us Savings Bank De invested 0% in Independent Bank Corp. (NASDAQ:INDB). Huntington Retail Bank holds 0% in Independent Bank Corp. (NASDAQ:INDB) or 353 shares. Louisiana State Employees Retirement accumulated 0.05% or 12,700 shares. Ameritas Inv owns 2,823 shares. Champlain Limited Liability Company holds 1.11 million shares or 0.68% of its portfolio.

Independent Bank Corp. (NASDAQ:INDB) Institutional Positions Chart