Barrow Hanley Mewhinney & Strauss LLC cut its holdings in shares of AECOM (NYSE:ACM - Free Report) by 3.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,205,755 shares of the construction company's stock after selling 84,227 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.66% of AECOM worth $235,619,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Schroder Investment Management Group increased its position in shares of AECOM by 39.9% in the fourth quarter. Schroder Investment Management Group now owns 8,792 shares of the construction company's stock valued at $939,000 after acquiring an additional 2,508 shares during the last quarter. Allstate Corp acquired a new position in shares of AECOM during the 4th quarter worth approximately $419,000. Brown Brothers Harriman & Co. raised its stake in shares of AECOM by 17.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company's stock worth $74,000 after purchasing an additional 103 shares in the last quarter. Norges Bank acquired a new stake in shares of AECOM in the 4th quarter valued at approximately $190,495,000. Finally, Loomis Sayles & Co. L P boosted its holdings in shares of AECOM by 3.7% in the 4th quarter. Loomis Sayles & Co. L P now owns 169,508 shares of the construction company's stock valued at $18,107,000 after buying an additional 6,007 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.
AECOM Price Performance
Shares of NYSE ACM traded down $2.19 during mid-day trading on Thursday, reaching $93.65. The company had a trading volume of 643,520 shares, compared to its average volume of 863,209. The firm has a market cap of $12.42 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.63 and a beta of 1.22. The business's 50-day simple moving average is $99.38 and its 200 day simple moving average is $105.07. AECOM has a one year low of $82.23 and a one year high of $118.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14.
AECOM (NYSE:ACM - Get Free Report) last released its earnings results on Monday, February 3rd. The construction company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. On average, research analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.
AECOM Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.11%. AECOM's dividend payout ratio (DPR) is presently 29.55%.
Wall Street Analysts Forecast Growth
ACM has been the topic of several analyst reports. Citigroup dropped their price target on shares of AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Barclays increased their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Robert W. Baird cut their price target on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a report on Tuesday, February 4th. Finally, KeyCorp decreased their price objective on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $120.38.
Get Our Latest Stock Analysis on ACM
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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