AECOM (NYSE:ACM) Short Interest Up 29.5% in August

AECOM (NYSE:ACM) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 2,020,000 shares, a growth of 29.5% from the August 15th total of 1,560,000 shares. Based on an average trading volume of 667,900 shares, the short-interest ratio is presently 3.0 days. Approximately 1.4% of the shares of the company are short sold.

In other AECOM news, Director Daniel R. Tishman sold 29,792 shares of AECOM stock in a transaction dated Wednesday, August 25th. The stock was sold at an average price of $66.00, for a total transaction of $1,966,272.00. Following the completion of the transaction, the director now owns 89,599 shares of the company’s stock, valued at approximately $5,913,534. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.33% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of AECOM by 2.6% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,673 shares of the construction company’s stock valued at $423,000 after acquiring an additional 167 shares during the period. K.J. Harrison & Partners Inc boosted its stake in shares of AECOM by 0.4% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 40,175 shares of the construction company’s stock valued at $2,546,000 after purchasing an additional 175 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of AECOM by 6.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,781 shares of the construction company’s stock valued at $239,000 after purchasing an additional 214 shares in the last quarter. The PNC Financial Services Group Inc. boosted its stake in shares of AECOM by 1.8% during the 1st quarter. The PNC Financial Services Group Inc. now owns 12,827 shares of the construction company’s stock valued at $823,000 after purchasing an additional 230 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of AECOM by 5.7% during the 2nd quarter. Fisher Asset Management LLC now owns 4,488 shares of the construction company’s stock valued at $284,000 after purchasing an additional 241 shares in the last quarter. Institutional investors own 85.90% of the company’s stock.

Shares of NYSE ACM traded down $3.16 during mid-day trading on Monday, reaching $62.23. 21,259 shares of the company were exchanged, compared to its average volume of 840,637. AECOM has a 52 week low of $37.76 and a 52 week high of $70.04. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $8.96 billion, a PE ratio of -70.31, a PEG ratio of 0.95 and a beta of 1.58. The company’s 50 day moving average price is $63.71 and its 200 day moving average price is $64.10.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Sunday, August 8th. The construction company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. AECOM had a negative net margin of 1.13% and a positive return on equity of 13.15%. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.21 billion. During the same period in the previous year, the firm posted $0.55 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year. On average, sell-side analysts predict that AECOM will post 2.82 earnings per share for the current year.

AECOM Company Profile

AECOM engages in the design, build, finance, and operation of infrastructure assets for governments, businesses and organizations. It operates through the following segments: Americas, International, and AECOM Capital. The Americas segment engages in planning, consulting, architectural and engineering design, and construction management services to commercial and government clients in the United States, Canada, and Latin America in major end markets such as transportation, water, government, facilities, environmental, and energy.

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