Fox Run Management L.L.C. Takes $418,000 Position in AECOM (NYSE:ACM)

Fox Run Management L.L.C. bought a new position in shares of AECOM (NYSE:ACM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,909 shares of the construction company’s stock, valued at approximately $418,000.

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

AECOM Price Performance

AECOM stock opened at $94.72 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The company has a fifty day simple moving average of $101.23 and a 200-day simple moving average of $105.21. The stock 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 12-month low of $82.23 and a 12-month high of $118.56.

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

AECOM Announces Dividend

The business 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 dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.10%. AECOM’s dividend payout ratio is presently 29.55%.

Analysts Set New Price Targets

ACM has been the topic of several analyst reports. KeyCorp dropped their target price on AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Citigroup dropped their price objective on shares of 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 shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Robert W. Baird dropped 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. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $120.38.

AECOM Company 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.