AECOM (NYSE:ACM) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of AECOM (NYSE:ACM - Free Report) by 27.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 197,823 shares of the construction company's stock after selling 73,965 shares during the quarter. Thrivent Financial for Lutherans owned 0.15% of AECOM worth $21,131,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several equities analysts have recently commented on ACM shares. Robert W. Baird reduced their price target on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research 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 report on Wednesday, January 29th. Barclays boosted their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report 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 note on Wednesday, January 8th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM presently has a consensus rating of "Buy" and a consensus price target of $120.38.

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AECOM Stock Performance

NYSE ACM traded down $1.10 during trading hours on Tuesday, hitting $94.72. The company had a trading volume of 1,163,077 shares, compared to its average volume of 818,482. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm has a market cap of $12.56 billion, a P/E ratio of 26.91, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The business has a fifty day simple moving average of $101.53 and a 200-day simple moving average of $105.20.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data 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%. Equities analysts predict that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is 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.