Virtu Financial LLC purchased a new stake in AECOM (NYSE:ACM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,026 shares of the construction company's stock, valued at approximately $323,000.
A number of other large investors have also made changes to their positions in ACM. Principal Securities Inc. raised its holdings in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after buying an additional 116 shares during the period. Allworth Financial LP increased its position in shares of AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after acquiring an additional 207 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of AECOM during the third quarter worth $30,000. True Wealth Design LLC lifted its position in AECOM by 4,242.9% in the 3rd 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. Finally, National Pension Service acquired a new position in AECOM in the 4th quarter worth $32,000. Institutional investors own 85.41% of the company's stock.
AECOM Stock Up 1.5 %
ACM traded up $1.41 during trading on Tuesday, reaching $94.14. 858,663 shares of the stock were exchanged, compared to its average volume of 862,044. 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 stock's 50 day moving average price is $99.68 and its two-hundred day moving average price is $105.13. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The stock has a market cap of $12.49 billion, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22.
AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, topping 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 expect that AECOM will post 5.1 EPS for the current year.
AECOM Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be given a $0.26 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.10%. AECOM's payout ratio is 29.55%.
Wall Street Analyst Weigh In
ACM has been the topic of several recent research reports. Citigroup dropped their price target on AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Barclays boosted their target price 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 reduced their price target on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Finally, KeyCorp cut their price objective on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a research report on Wednesday, January 8th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $120.38.
Check Out Our Latest Stock Report on AECOM
AECOM Company Profile
(
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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