Elo Mutual Pension Insurance Co Buys 1,729 Shares of AECOM (NYSE:ACM)

Elo Mutual Pension Insurance Co boosted its position in AECOM (NYSE:ACM) by 14.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,821 shares of the construction company’s stock after purchasing an additional 1,729 shares during the period. Elo Mutual Pension Insurance Co’s holdings in AECOM were worth $1,476,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Magnus Financial Group LLC lifted its position in shares of AECOM by 93.5% during the 4th quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company’s stock valued at $519,000 after buying an additional 2,348 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock valued at $79,339,000 after purchasing an additional 220,035 shares during the last quarter. TT International Asset Management LTD bought a new position in AECOM during the fourth quarter worth about $3,578,000. Raymond James Financial Inc. purchased a new position in shares of AECOM in the fourth quarter worth about $9,705,000. Finally, Park Avenue Securities LLC raised its position in shares of AECOM by 176.9% in the fourth quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company’s stock valued at $773,000 after purchasing an additional 4,625 shares during the period. 85.41% of the stock is owned by institutional investors.

AECOM Trading Down 2.2 %

Shares of AECOM stock opened at $92.48 on Friday. 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 has a 1 year low of $82.23 and a 1 year high of $118.56. The firm has a market cap of $12.27 billion, a PE ratio of 26.27, a PEG ratio of 1.63 and a beta of 1.22. The company has a 50 day simple moving average of $100.34 and a two-hundred day simple moving average of $105.12.

AECOM (NYSE:ACM) last announced its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.12%. AECOM’s dividend payout ratio is 29.55%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. KeyCorp cut their price objective 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. Barclays lifted their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Robert W. Baird dropped their price objective on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup reduced their target price on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus 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.