AECOM (NYSE:ACM) Shares Sold by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. decreased its position in AECOM (NYSE:ACM) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,650 shares of the construction company’s stock after selling 2,478 shares during the quarter. Duff & Phelps Investment Management Co. owned 0.07% of AECOM worth $10,324,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in AECOM by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,270,408 shares of the construction company’s stock worth $233,918,000 after acquiring an additional 14,511 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of AECOM by 17.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,989,238 shares of the construction company’s stock valued at $205,429,000 after purchasing an additional 289,513 shares during the period. Norges Bank bought a new stake in shares of AECOM during the fourth quarter valued at about $190,495,000. Charles Schwab Investment Management Inc. lifted its holdings in AECOM by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 893,903 shares of the construction company’s stock worth $95,487,000 after purchasing an additional 6,513 shares during the period. Finally, AGF Management Ltd. raised its position in shares of AECOM by 0.7% during the 4th quarter. AGF Management Ltd. now owns 871,893 shares of the construction company’s stock worth $93,136,000 after buying an additional 5,660 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors.

AECOM Trading Down 0.1 %

Shares of NYSE:ACM opened at $94.54 on Friday. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. The firm has a fifty day moving average price of $100.67 and a 200 day moving average price of $105.06. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock has a market capitalization 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 issued its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share 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%. Analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Wednesday, April 2nd. AECOM’s payout ratio is presently 29.55%.

Wall Street Analyst Weigh In

ACM has been the topic of a number of research analyst reports. Robert W. Baird lowered their target price on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. 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 target price on AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Finally, Barclays upped their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $120.38.

AECOM 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.