Maryland State Retirement & Pension System Sells 611 Shares of AECOM (NYSE:ACM)

Maryland State Retirement & Pension System decreased its position in shares of AECOM (NYSE:ACM) by 7.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,142 shares of the construction company’s stock after selling 611 shares during the quarter. Maryland State Retirement & Pension System’s holdings in AECOM were worth $763,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Xponance Inc. raised its stake in AECOM by 7.7% during the 4th quarter. Xponance Inc. now owns 25,079 shares of the construction company’s stock worth $2,679,000 after buying an additional 1,802 shares during the period. Intech Investment Management LLC raised its holdings in AECOM by 29.5% during the 4th quarter. Intech Investment Management LLC now owns 80,333 shares of the construction company’s stock worth $8,581,000 after buying an additional 18,283 shares during the period. Advisors Asset Management Inc. lifted its stake in AECOM by 10.3% in the fourth quarter. Advisors Asset Management Inc. now owns 44,537 shares of the construction company’s stock valued at $4,757,000 after buying an additional 4,147 shares in the last quarter. Twin Tree Management LP acquired a new position in shares of AECOM in the fourth quarter valued at approximately $2,476,000. Finally, Glenview Trust co bought a new stake in shares of AECOM during the fourth quarter worth $778,000. Institutional investors own 85.41% of the company’s stock.

AECOM Stock Up 2.0 %

AECOM stock opened at $95.96 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14. The company’s 50-day moving average is $101.53 and its 200-day moving average is $105.20. The firm has a market capitalization of $12.73 billion, a PE ratio of 27.26, a P/E/G ratio of 1.63 and a beta of 1.22. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that AECOM will post 5.1 earnings per share for the current year.

AECOM Announces Dividend

The business also recently disclosed 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. 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 1.08%. AECOM’s dividend payout ratio (DPR) is 29.55%.

Analysts Set New Price Targets

ACM has been the topic of a number of research reports. Barclays boosted 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. Citigroup decreased their price target on shares of AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Robert W. Baird lowered their price objective on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, KeyCorp reduced 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. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $120.38.

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.