Ontario Teachers Pension Plan Board Trims Position in AECOM (NYSE:ACM)

Ontario Teachers Pension Plan Board trimmed its position in shares of AECOM (NYSE:ACM - Free Report) by 52.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,705 shares of the construction company's stock after selling 11,789 shares during the period. Ontario Teachers Pension Plan Board's holdings in AECOM were worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Principal Securities Inc. raised its stake in AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after acquiring an additional 116 shares during the period. Allworth Financial LP boosted its holdings in AECOM by 390.6% in the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after buying an additional 207 shares during the period. National Pension Service purchased a new position in AECOM in the 4th quarter valued at approximately $32,000. Wingate Wealth Advisors Inc. bought a new stake in AECOM during the 4th quarter valued at $51,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of AECOM during the fourth quarter worth $55,000. 85.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on ACM. Robert W. Baird decreased their price objective on AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 4th. KeyCorp decreased their price target on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Citigroup cut their price objective on shares of AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Barclays upped their target price on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Finally, Truist Financial cut their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $117.88.

AECOM Trading Down 2.1 %

Shares of ACM traded down $1.99 during mid-day trading on Monday, reaching $92.37. The company's stock had a trading volume of 101,292 shares, compared to its average volume of 904,721. AECOM has a 52 week low of $82.23 and a 52 week high of $118.56. The stock has a market cap of $12.25 billion, a PE ratio of 26.24, a P/E/G ratio of 1.63 and a beta of 1.03. The company's fifty day moving average price is $95.41 and its two-hundred day moving average price is $104.17. The company has a current ratio of 1.14, a quick 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, analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is presently 29.55%.

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.