AECOM (NYSE:ACM) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in shares of AECOM (NYSE:ACM) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,804,619 shares of the construction company’s stock after selling 90,501 shares during the period. Vanguard Group Inc. owned approximately 0.10% of AECOM worth $1,367,789,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACM. LPL Financial LLC boosted its position in shares of AECOM by 3.2% during the 4th quarter. LPL Financial LLC now owns 142,015 shares of the construction company’s stock valued at $15,170,000 after purchasing an additional 4,400 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in AECOM during the fourth quarter valued at approximately $418,000. KLP Kapitalforvaltning AS bought a new stake in AECOM during the fourth quarter worth approximately $9,774,000. Knights of Columbus Asset Advisors LLC grew its position in AECOM by 3.2% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 80,091 shares of the construction company’s stock worth $8,555,000 after buying an additional 2,473 shares during the last quarter. Finally, AXQ Capital LP increased its holdings in shares of AECOM by 35.1% in the fourth quarter. AXQ Capital LP now owns 9,639 shares of the construction company’s stock valued at $1,030,000 after buying an additional 2,505 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors.

AECOM Price Performance

NYSE ACM opened at $94.54 on Friday. The company has a 50 day simple moving average of $100.67 and a 200-day simple moving average of $105.06. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The firm has a market capitalization of $12.54 billion, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last released its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Equities research analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The company 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 $0.26 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.10%. AECOM’s dividend payout ratio (DPR) is currently 29.55%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ACM. Citigroup decreased 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. Robert W. Baird dropped their price target 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 reduced their price objective on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Barclays lifted their target price on shares of AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM currently has a consensus rating of “Buy” and a consensus target price of $120.38.

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.