Investment House LLC Sells 130 Shares of AECOM (NYSE:ACM)

Investment House LLC decreased its position in AECOM (NYSE:ACM) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,296 shares of the construction company’s stock after selling 130 shares during the quarter. Investment House LLC’s holdings in AECOM were worth $2,061,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vinva Investment Management Ltd increased its holdings in shares of AECOM by 198.4% during the fourth quarter. Vinva Investment Management Ltd now owns 112,469 shares of the construction company’s stock valued at $12,040,000 after acquiring an additional 74,781 shares in the last quarter. Xponance Inc. increased its holdings in shares of AECOM by 7.7% during the fourth quarter. Xponance Inc. now owns 25,079 shares of the construction company’s stock valued at $2,679,000 after acquiring an additional 1,802 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of AECOM by 29.5% during the fourth 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 in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of AECOM by 10.3% during the fourth quarter. Advisors Asset Management Inc. now owns 44,537 shares of the construction company’s stock valued at $4,757,000 after acquiring an additional 4,147 shares in the last quarter. Finally, Twin Tree Management LP bought a new position in shares of AECOM during the fourth quarter valued at $2,476,000. 85.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ACM has been the subject of several analyst reports. Barclays raised their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Truist Financial lifted their price objective on AECOM from $119.00 to $129.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. The Goldman Sachs Group began coverage on AECOM in a report on Friday, November 22nd. They issued a “buy” rating and a $130.00 price objective for the company. KeyCorp reduced their price objective on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, Citigroup reduced their price objective 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.com, the stock currently has an average rating of “Buy” and a consensus target price of $120.38.

AECOM Trading Down 0.3 %

Shares of NYSE:ACM opened at $95.34 on Wednesday. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 27.09, a PEG ratio of 1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50-day simple moving average is $102.48 and its two-hundred day simple moving average is $105.26. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56.

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 return on equity of 26.84% and a net margin of 2.93%. Analysts expect that AECOM will post 5.1 EPS for the current year.

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 $0.26 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.09%. AECOM’s payout ratio is 29.55%.

About AECOM

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.