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

Elo Mutual Pension Insurance Co lifted its holdings in shares of AECOM (NYSE:ACM) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Magnus Financial Group LLC boosted its holdings 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 worth $519,000 after buying an additional 2,348 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock worth $79,339,000 after acquiring an additional 220,035 shares in the last quarter. TT International Asset Management LTD acquired a new stake in AECOM in the fourth quarter worth $3,578,000. Raymond James Financial Inc. bought a new stake in AECOM in the fourth quarter valued at $9,705,000. Finally, Park Avenue Securities LLC raised its holdings in shares of AECOM by 176.9% during 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. Institutional investors and hedge funds own 85.41% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on ACM shares. Robert W. Baird reduced their target price on AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 4th. Citigroup decreased 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. KeyCorp cut 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. Finally, Barclays lifted 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. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $120.38.

AECOM Price Performance

ACM opened at $92.48 on Friday. The firm’s fifty day moving average price is $100.34 and its two-hundred day moving average price is $105.12. The company has a market capitalization of $12.27 billion, a price-to-earnings ratio of 26.27, 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 has a 1 year low of $82.23 and a 1 year high of $118.56.

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

AECOM Dividend Announcement

The firm also recently declared 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 yield of 1.12%. AECOM’s dividend payout ratio (DPR) is currently 29.55%.

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.