Sei Investments Co. lowered its position in AECOM (NYSE:ACM - Free Report) by 49.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,708 shares of the construction company's stock after selling 90,088 shares during the quarter. Sei Investments Co. owned about 0.07% of AECOM worth $9,689,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in AECOM by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,270,408 shares of the construction company's stock worth $233,918,000 after acquiring an additional 14,511 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of AECOM by 17.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,989,238 shares of the construction company's stock worth $205,429,000 after purchasing an additional 289,513 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of AECOM by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 893,903 shares of the construction company's stock worth $95,487,000 after purchasing an additional 6,513 shares during the last quarter. AGF Management Ltd. raised its stake in AECOM by 0.7% in the fourth quarter. AGF Management Ltd. now owns 871,893 shares of the construction company's stock valued at $93,136,000 after purchasing an additional 5,660 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock valued at $79,339,000 after purchasing an additional 220,035 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on ACM shares. Robert W. Baird decreased their price target on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a report on Tuesday, February 4th. Citigroup reduced their target price on AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Barclays lifted their price target on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, KeyCorp reduced their price objective on AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $120.38.
Get Our Latest Analysis on ACM
AECOM Trading Down 3.1 %
Shares of ACM traded down $3.02 during trading hours on Thursday, hitting $92.82. The company had a trading volume of 2,013,574 shares, compared to its average volume of 869,648. The firm has a market cap of $12.31 billion, a P/E ratio of 26.37, a P/E/G ratio of 1.63 and a beta of 1.22. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The stock's 50 day moving average price is $99.07 and its 200 day moving average price is $104.98. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.
AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. On average, research analysts predict that AECOM will post 5.1 EPS for the current year.
AECOM Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.12%. AECOM's payout ratio is currently 29.55%.
About AECOM
(
Free Report)
AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
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