M&T Bank Has Decreased Accenture Plc Ireland (ACN) Position; Hawk Ridge Management Has Upped By $6.77 Million Its Gentherm (THRM) Holding

July 12, 2018 - By Ricky Cave

Gentherm Incorporated (NASDAQ:THRM) Logo

Hawk Ridge Management Llc increased Gentherm Inc (THRM) stake by 123.44% reported in 2018Q1 SEC filing. Hawk Ridge Management Llc acquired 205,000 shares as Gentherm Inc (THRM)’s stock rose 9.52%. The Hawk Ridge Management Llc holds 371,075 shares with $12.60M value, up from 166,075 last quarter. Gentherm Inc now has $1.46 billion valuation. The stock decreased 0.50% or $0.2 during the last trading session, reaching $39.7. About 86,061 shares traded. Gentherm Incorporated (NASDAQ:THRM) has declined 5.39% since July 12, 2017 and is downtrending. It has underperformed by 17.96% the S&P500. Some Historical THRM News: 24/04/2018 – GENTHERM INC – FOURTH AMENDMENT ALSO MODIFIES MAXIMUM PERMITTED INVESTMENT IN VIETNAM WAS INCREASED TO $45 MLN; 26/04/2018 – GENTHERM INC – QTRLY ADJ SHR, EXCLUDING UNREALIZED CURRENCY LOSSES, EXPENSES AND OTHER IMPACTS RELATED TO ACQUISITIONS WAS $0.50; 26/04/2018 – Gentherm 1Q EPS 35c; 14/05/2018 – Westwood Holdings Group Buys New 1.2% Position in Gentherm; 15/05/2018 – Wellington Management Group Buys New 1.2% Position in Gentherm; 27/04/2018 – Gentherm Forms Golden Cross: Technicals; 22/04/2018 – DJ Gentherm Incorporated, Inst Holders, 1Q 2018 (THRM); 01/05/2018 – Gentherm Closes Above 50-Day Moving Average: Technicals; 26/04/2018 – Gentherm Debuts Automotive lndustry’s First Thermoelectric Battery Thermal Management Solution for 48-volt Lithium-lon Batteries; 24/04/2018 – GENTHERM SAYS CREDIT AGREEMENT ALSO PROVIDES ALL LOANS DENOMINATED IN A CURRENCY OTHER THAN U.S. DOLLAR MUST BE EUROCURRENCY RATE LOANS – SEC FILING

M&T Bank Corp decreased Accenture Plc Ireland (ACN) stake by 2.57% reported in 2018Q1 SEC filing. M&T Bank Corp sold 3,343 shares as Accenture Plc Ireland (ACN)’s stock declined 5.31%. The M&T Bank Corp holds 126,744 shares with $19.46M value, down from 130,087 last quarter. Accenture Plc Ireland now has $107.55 billion valuation. The stock increased 0.93% or $1.54 during the last trading session, reaching $167.85. About 1.02 million shares traded. Accenture plc (NYSE:ACN) has risen 26.72% since July 12, 2017 and is uptrending. It has outperformed by 14.15% the S&P500. Some Historical ACN News: 08/03/2018 – Accenture Announces Progress Toward a Gender-Balanced Workforce as Part of Its International Women’s Day Celebration; 29/03/2018 – Meredith Corp to Sell Meredith Xcelerated Marketing to Accenture; 09/03/2018 – TOYOTA MOTOR CORP – THE COMPANIES HAVE STARTED TO DEPLOY THE SYSTEM IN METROPOLITAN TOKYO ON A TRIAL BASIS; 23/05/2018 – ACCENTURE COMMITS $200M TO JOB TRAINING SKILLS OVER THREE YEARS; 22/03/2018 – Accenture 2Q Net $863.7M; 22/03/2018 – ACCENTURE PLC – CONSULTING NET REVENUES FOR QUARTER WERE $5.16 BLN, AN INCREASE OF 17 PERCENT IN U.S. DOLLARS; 14/03/2018 – Industry Consortium Successfully Tests Blockchain Solution Developed by Accenture That Could Revolutionize Ocean Shipping; 22/03/2018 – Accenture Beats Profit And Revenue Expectations, Raises Outlook — MarketWatch; 22/03/2018 – Accenture Sees 3Q Rev $9.9B-$10.15B; 17/05/2018 – Delphix Adds Longtime Accenture, Tech Veteran to Advisory Board

Analysts await Accenture plc (NYSE:ACN) to report earnings on September, 27. They expect $1.56 EPS, up 5.41% or $0.08 from last year’s $1.48 per share. ACN’s profit will be $999.57 million for 26.90 P/E if the $1.56 EPS becomes a reality. After $1.79 actual EPS reported by Accenture plc for the previous quarter, Wall Street now forecasts -12.85% negative EPS growth.

Investors sentiment increased to 0.97 in 2018 Q1. Its up 0.04, from 0.93 in 2017Q4. It improved, as 50 investors sold ACN shares while 396 reduced holdings. 105 funds opened positions while 326 raised stakes. 449.75 million shares or 1.56% less from 456.89 million shares in 2017Q4 were reported. First Fincl Bank Of Omaha, a Nebraska-based fund reported 70,564 shares. Hartwell J M Limited Partnership reported 0.15% of its portfolio in Accenture plc (NYSE:ACN). Alliancebernstein Lp stated it has 1.03 million shares or 0.11% of all its holdings. Murphy Pohlad Asset Mgmt Ltd Liability has invested 0.16% in Accenture plc (NYSE:ACN). Reik And Com Limited Com stated it has 0.21% of its portfolio in Accenture plc (NYSE:ACN). Eagle Ridge Invest reported 3,482 shares. Wilkins Counsel Inc holds 48,065 shares or 2.33% of its portfolio. Loomis Sayles & LP has invested 0.14% in Accenture plc (NYSE:ACN). Forward Mngmt Lc reported 6,402 shares stake. Arrowstreet Cap Partnership holds 0.1% or 284,769 shares. Buckingham Capital Management Inc owns 0.25% invested in Accenture plc (NYSE:ACN) for 7,927 shares. Plante Moran Financial Lc invested in 981 shares or 0.08% of the stock. Marshall Wace Limited Liability Partnership holds 0.11% or 16,596 shares in its portfolio. Clearbridge Invests Limited Liability holds 0.02% or 127,762 shares. State Bank Of Hawaii has invested 0.13% in Accenture plc (NYSE:ACN).

M&T Bank Corp increased Eastman Chem Co (NYSE:EMN) stake by 6,346 shares to 133,503 valued at $14.10 million in 2018Q1. It also upped Vanguard Bd Index Fd Inc (BND) stake by 340,091 shares and now owns 1.96 million shares. Cognex Corp (NASDAQ:CGNX) was raised too.

Among 12 analysts covering Accenture (NYSE:ACN), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Accenture had 16 analyst reports since February 5, 2018 according to SRatingsIntel. Wedbush maintained the shares of ACN in report on Tuesday, March 20 with “Outperform” rating. Stifel Nicolaus maintained Accenture plc (NYSE:ACN) rating on Thursday, June 21. Stifel Nicolaus has “Buy” rating and $179 target. KeyBanc Capital Markets maintained the stock with “Buy” rating in Friday, May 18 report. The company was maintained on Friday, June 29 by Cantor Fitzgerald. Robert W. Baird maintained the shares of ACN in report on Tuesday, March 20 with “Neutral” rating. The rating was maintained by Wedbush with “Buy” on Monday, April 2. Citigroup maintained the stock with “Neutral” rating in Friday, June 29 report. Susquehanna maintained it with “Hold” rating and $165.0 target in Tuesday, March 20 report. The stock has “Hold” rating by BMO Capital Markets on Thursday, March 22. The company was maintained on Friday, March 23 by Barclays Capital.

More important recent Accenture plc (NYSE:ACN) news were published by: Streetinsider.com which released: “Accenture (ACN) Reports Acquisition of Kogentix” on July 12, 2018, also Businesswire.com published article titled: “Accenture Named a Leader in Worldwide Life Sciences R&D BPO Services by IDC MarketScape for Third Consecutive …”, Businesswire.com published: “Accenture Federal Services Hires Veteran Defense Industry Executive George Batsakis to Lead Its Defense and …” on July 12, 2018. More interesting news about Accenture plc (NYSE:ACN) was released by: Fool.com and their article: “Smooth Sailing for Accenture” with publication date: July 02, 2018.

Hawk Ridge Management Llc decreased Forward Air Corp (NASDAQ:FWRD) stake by 54,500 shares to 128,152 valued at $6.77M in 2018Q1. It also reduced Milacron Hldgs Corp stake by 199,826 shares and now owns 526,489 shares. Servicemaster Global Hldgs I (NYSE:SERV) was reduced too.

Gentherm Incorporated (NASDAQ:THRM) Institutional Positions Chart

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