Fmr LLC increased its position in shares of AECOM (NYSE:ACM) by 2.4% during the fourth quarter, Holdings Channel reports. The firm owned 22,964,598 shares of the company’s stock after buying an additional 530,815 shares during the period. Fmr LLC owned approximately 0.15% of AECOM worth $834,992,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of AECOM by 0.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 22,792 shares of the company’s stock worth $829,000 after buying an additional 59 shares during the period. Advantus Capital Management Inc boosted its position in shares of AECOM by 0.7% in the third quarter. Advantus Capital Management Inc now owns 18,706 shares of the company’s stock worth $556,000 after buying an additional 132 shares during the period. LS Investment Advisors LLC boosted 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 during the period. Boston Advisors LLC boosted its position in shares of AECOM by 2.6% in the third quarter. Boston Advisors LLC now owns 96,502 shares of the company’s stock worth $2,869,000 after buying an additional 2,409 shares during the period. Finally, Mutual of America Capital Management LLC boosted its position in shares of AECOM by 2.3% in the third quarter. Mutual of America Capital Management LLC now owns 117,564 shares of the company’s stock worth $3,495,000 after buying an additional 2,647 shares during the period. 84.21% of the stock is owned by institutional investors.
Shares of AECOM (NYSE:ACM) traded up 0.76% during mid-day trading on Tuesday, reaching $38.20. 529,875 shares of the company were exchanged. AECOM has a 12 month low of $23.27 and a 12 month high of $40.72. The company’s 50 day moving average price is $36.99 and its 200 day moving average price is $33.45. The firm has a market capitalization of $5.93 billion, a PE ratio of 36.59 and a beta of 1.90.
AECOM (NYSE:ACM) last posted its quarterly earnings data on Tuesday, February 7th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.02. The business earned $4.36 billion during the quarter, compared to the consensus estimate of $4.23 billion. AECOM had a net margin of 0.94% and a return on equity of 12.28%. AECOM’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. Equities analysts anticipate that AECOM will post $2.96 earnings per share for the current year.
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A number of brokerages have issued reports on ACM. Zacks Investment Research cut shares of AECOM from a “hold” rating to a “strong sell” rating in a report on Thursday, November 17th. Argus raised shares of AECOM from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Tuesday, November 15th. DA Davidson reaffirmed a “neutral” rating on shares of AECOM in a report on Wednesday, February 8th. TheStreet cut shares of AECOM from a “buy” rating to a “hold” rating in a report on Monday, October 24th. Finally, Robert W. Baird raised shares of AECOM from a “neutral” rating to an “outperform” rating and increased their target price for the company from $42.00 to $45.00 in a report on Wednesday, January 4th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. AECOM currently has a consensus rating of “Buy” and a consensus price target of $41.78.
In related news, insider Frederick W. Werner sold 44,928 shares of the company’s stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $37.15, for a total transaction of $1,669,075.20. Following the completion of the transaction, the insider now directly owns 65,101 shares in the company, valued at approximately $2,418,502.15. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Daniel P. Mcquade sold 4,546 shares of the company’s stock in a transaction on Monday, December 19th. The shares were sold at an average price of $38.00, for a total transaction of $172,748.00. Following the transaction, the insider now owns 11,033 shares of the company’s stock, valued at $419,254. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 139,038 shares of company stock valued at $5,289,783. 1.14% of the stock is owned by insiders.
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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