Virtu Financial LLC bought a new stake in shares of AECOM (NYSE:ACM – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 3,026 shares of the construction company’s stock, valued at approximately $323,000.
A number of other hedge funds also recently bought and sold shares of ACM. Northwest & Ethical Investments L.P. increased its holdings in AECOM by 60.0% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 111,606 shares of the construction company’s stock valued at $11,922,000 after buying an additional 41,865 shares during the last quarter. Teacher Retirement System of Texas increased its position in AECOM by 58.1% in the fourth quarter. Teacher Retirement System of Texas now owns 349,991 shares of the construction company’s stock worth $37,386,000 after buying an additional 128,580 shares in the last quarter. Vinva Investment Management Ltd raised its stake in shares of AECOM by 198.4% in the fourth quarter. Vinva Investment Management Ltd now owns 112,469 shares of the construction company’s stock worth $12,040,000 after buying an additional 74,781 shares during the period. Xponance Inc. lifted its position in shares of AECOM by 7.7% during the 4th quarter. Xponance Inc. now owns 25,079 shares of the construction company’s stock valued at $2,679,000 after buying an additional 1,802 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in shares of AECOM by 29.5% during the 4th quarter. Intech Investment Management LLC now owns 80,333 shares of the construction company’s stock valued at $8,581,000 after acquiring an additional 18,283 shares during the period. Hedge funds and other institutional investors own 85.41% of the company’s stock.
AECOM Trading Down 0.1 %
ACM stock opened at $94.54 on Friday. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The firm’s 50-day moving average is $100.67 and its 200 day moving average is $105.06. The company has a market capitalization of $12.54 billion, a PE ratio of 26.86, a P/E/G 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 Announces Dividend
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 given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.
Analysts Set New Price Targets
ACM has been the topic of a number of recent analyst reports. KeyCorp decreased their target price on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Barclays raised their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Citigroup dropped their target price on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Finally, Robert W. Baird decreased their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $120.38.
Get Our Latest Stock Report on AECOM
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.
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