AECOM (NYSE:ACM) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC cut its position in AECOM (NYSE:ACM) by 3.7% during the fourth quarter, HoldingsChannel reports. The firm owned 2,205,755 shares of the construction company’s stock after selling 84,227 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in AECOM were worth $235,619,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Schroder Investment Management Group grew its holdings in shares of AECOM by 39.9% during the fourth quarter. Schroder Investment Management Group now owns 8,792 shares of the construction company’s stock worth $939,000 after purchasing an additional 2,508 shares during the last quarter. Allstate Corp acquired a new position in AECOM in the 4th quarter valued at $419,000. Brown Brothers Harriman & Co. raised its holdings in AECOM by 17.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company’s stock worth $74,000 after purchasing an additional 103 shares in the last quarter. Norges Bank acquired a new position in AECOM during the fourth quarter worth $190,495,000. Finally, Loomis Sayles & Co. L P grew its stake in shares of AECOM by 3.7% during the 4th quarter. Loomis Sayles & Co. L P now owns 169,508 shares of the construction company’s stock worth $18,107,000 after purchasing an additional 6,007 shares during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Trading Down 2.2 %

AECOM stock opened at $92.48 on Friday. The stock has a market cap of $12.27 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The business has a 50 day moving average price of $100.34 and a two-hundred day moving average price of $105.12. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM) last announced its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share 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%. As a group, equities analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The firm also recently disclosed 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 is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.12%. AECOM’s payout ratio is presently 29.55%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Barclays increased their price target 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. KeyCorp lowered their target price on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Citigroup reduced their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, Robert W. Baird dropped their price objective on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 4th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM currently has an average rating of “Buy” and a consensus price target of $120.38.

AECOM 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.