AECOM (NYSE:ACM) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its stake in AECOM (NYSE:ACM - Free Report) by 58.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 349,991 shares of the construction company's stock after acquiring an additional 128,580 shares during the quarter. Teacher Retirement System of Texas owned 0.26% of AECOM worth $37,386,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew 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 valued at $205,429,000 after purchasing an additional 289,513 shares during the period. National Bank of Canada FI lifted its stake in AECOM by 1,847.8% in the 3rd quarter. National Bank of Canada FI now owns 274,857 shares of the construction company's stock valued at $28,384,000 after buying an additional 260,746 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in AECOM by 40.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock worth $79,339,000 after buying an additional 220,035 shares during the last quarter. Verition Fund Management LLC increased its stake in AECOM by 293.7% during the 3rd quarter. Verition Fund Management LLC now owns 180,602 shares of the construction company's stock worth $18,651,000 after buying an additional 134,730 shares in the last quarter. Finally, Flputnam Investment Management Co. raised its holdings in shares of AECOM by 88.8% during the fourth quarter. Flputnam Investment Management Co. now owns 272,888 shares of the construction company's stock valued at $29,150,000 after acquiring an additional 128,346 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.

Remove Ads

Wall Street Analysts Forecast Growth

ACM has been the topic of a number of research analyst reports. 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. KeyCorp lowered their target price on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 8th. Robert W. Baird reduced their target price on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Finally, Citigroup decreased their price target on shares of AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM has a consensus rating of "Buy" and a consensus price target of $120.38.

AECOM Trading Down 1.1 %

Shares of ACM stock traded down $1.10 on Tuesday, hitting $94.72. 1,163,077 shares of the stock traded hands, compared to its average volume of 818,482. 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 has a twelve month low of $82.23 and a twelve month high of $118.56. The firm's 50-day moving average price is $101.53 and its two-hundred day moving average price is $105.20. The stock has a market capitalization of $12.56 billion, a PE ratio of 26.91, a PEG ratio of 1.63 and a beta of 1.22.

AECOM (NYSE:ACM - Get Free Report) last posted its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share 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%. As a group, analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.10%. AECOM's dividend payout ratio (DPR) is 29.55%.

About AECOM

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.