Dimensional Fund Advisors LP increased its position in AECOM (NYSE:ACM) by 0.5% during the fourth quarter, Holdings Channel reports. The fund owned 4,139,374 shares of the company’s stock after buying an additional 18,895 shares during the period. Dimensional Fund Advisors LP owned about 2.69% of AECOM worth $150,510,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of ACM. FNY Partners Fund LP acquired a new position in shares of AECOM during the fourth quarter worth $271,000. Front Street Capital Management Inc. acquired a new position in shares of AECOM during the second quarter worth $299,000. LS Investment Advisors LLC increased its position in shares of AECOM by 5.8% in the third quarter. LS Investment Advisors LLC now owns 10,057 shares of the company’s stock worth $299,000 after buying an additional 548 shares in the last quarter. Neuberger Berman Group LLC acquired a new position in shares of AECOM during the third quarter worth $316,000. Finally, Riverhead Capital Management LLC increased its position in shares of AECOM by 122.2% in the third quarter. Riverhead Capital Management LLC now owns 12,100 shares of the company’s stock worth $360,000 after buying an additional 6,655 shares in the last quarter. Institutional investors and hedge funds own 84.21% of the company’s stock.
AECOM (NYSE:ACM) traded down 1.25% during mid-day trading on Friday, reaching $37.92. The company had a trading volume of 90,019 shares. The stock has a market cap of $5.89 billion, a PE ratio of 36.32 and a beta of 1.90. AECOM has a 12 month low of $25.46 and a 12 month high of $40.72. The firm’s 50-day moving average price is $37.10 and its 200-day moving average price is $33.54.
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AECOM (NYSE:ACM) last released its quarterly earnings data on Tuesday, February 7th. The company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.02. AECOM had a net margin of 0.94% and a return on equity of 12.28%. The business earned $4.36 billion during the quarter, compared to analysts’ expectations of $4.23 billion. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. Equities research analysts forecast that AECOM will post $2.95 EPS for the current fiscal year.
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A number of research analysts have recently weighed in on ACM shares. TheStreet downgraded AECOM from a “buy” rating to a “hold” rating in a report on Monday, October 24th. Argus upgraded AECOM from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a report on Tuesday, November 15th. Canaccord Genuity lifted their price target on AECOM from $33.00 to $38.00 and gave the company a “hold” rating in a report on Tuesday, November 15th. Zacks Investment Research downgraded AECOM from a “hold” rating to a “strong sell” rating in a report on Thursday, November 17th. Finally, DA Davidson reiterated a “hold” rating and set a $40.00 price target on shares of AECOM in a report on Friday, November 25th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $41.78.
In other AECOM news, CFO Troy Rudd sold 8,976 shares of the stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $39.00, for a total transaction of $350,064.00. Following the completion of the transaction, the chief financial officer now owns 11,221 shares in the company, valued at approximately $437,619. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Frederick W. Werner sold 44,928 shares of the stock in a transaction dated Wednesday, January 4th. The stock was sold at an average price of $37.15, for a total value of $1,669,075.20. Following the transaction, the insider now owns 65,101 shares of the company’s stock, valued at approximately $2,418,502.15. The disclosure for this sale can be found here. In the last 90 days, insiders sold 139,038 shares of company stock valued at $5,289,783. 1.14% of the stock is owned by corporate insiders.
AECOM Company Profile
AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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