Virtu Financial LLC Makes New $323,000 Investment in AECOM (NYSE:ACM)

Virtu Financial LLC bought a new stake in shares of AECOM (NYSE:ACM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,026 shares of the construction company’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ACM. Principal Securities Inc. boosted its position in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock valued at $25,000 after acquiring an additional 116 shares in the last quarter. Allworth Financial LP lifted its stake in shares of AECOM by 390.6% in the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock valued at $29,000 after purchasing an additional 207 shares during the period. Private Trust Co. NA bought a new stake in shares of AECOM during the third quarter valued at approximately $30,000. National Pension Service purchased a new stake in AECOM in the fourth quarter worth $32,000. Finally, True Wealth Design LLC raised its holdings in AECOM by 4,242.9% in the third quarter. True Wealth Design LLC now owns 304 shares of the construction company’s stock worth $31,000 after purchasing an additional 297 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Trading Down 0.1 %

Shares of NYSE ACM opened at $94.54 on Friday. The firm’s 50 day moving average price is $100.67 and its 200-day moving average price is $105.06. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. 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 company has a market cap of $12.54 billion, a PE ratio of 26.86, a P/E/G ratio of 1.63 and a beta of 1.22.

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%. On average, equities research analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The firm 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 $0.26 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.10%. AECOM’s payout ratio is 29.55%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ACM shares. Citigroup dropped their target price on shares of AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. KeyCorp cut their price objective on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird lowered their target price on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a report on Tuesday, February 4th. Finally, Barclays upped their price target on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price 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.