AECOM (NYSE:ACM) Shares Bought by Korea Investment CORP

Korea Investment CORP boosted its holdings in shares of AECOM (NYSE:ACM - Free Report) by 43.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,332 shares of the construction company's stock after acquiring an additional 47,371 shares during the quarter. Korea Investment CORP owned 0.12% of AECOM worth $16,806,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ACM. Principal Securities Inc. boosted its stake in shares of AECOM by 95.9% during the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after purchasing an additional 116 shares during the period. Allworth Financial LP boosted its position in AECOM by 390.6% in the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after buying an additional 207 shares during the period. Private Trust Co. NA bought a new position in AECOM in the 3rd quarter worth about $30,000. National Pension Service purchased a new position in shares of AECOM during the fourth quarter worth approximately $32,000. Finally, True Wealth Design LLC raised its stake in shares of AECOM by 4,242.9% during the third quarter. True Wealth Design LLC now owns 304 shares of the construction company's stock valued at $31,000 after acquiring an additional 297 shares in the last quarter. Institutional investors own 85.41% of the company's stock.

AECOM Stock Down 3.2 %

NYSE:ACM traded down $3.06 during mid-day trading on Thursday, hitting $92.78. 485,305 shares of the company's stock traded hands, compared to its average volume of 1,027,436. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $12.31 billion, a P/E ratio of 26.36, a P/E/G ratio of 1.63 and a beta of 1.22. The company has a fifty day moving average of $99.38 and a 200 day moving average of $105.07. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56.

Remove Ads

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data 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, analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Wednesday, April 2nd. AECOM's dividend payout ratio is presently 29.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Robert W. Baird decreased their target price on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Citigroup lowered their price objective on shares of AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Barclays raised their target price on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, KeyCorp reduced their price target on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating for the company in a report on Wednesday, January 8th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM has an average rating of "Buy" and a consensus price target of $120.38.

AECOM Profile

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.