AECOM (NYSE:ACM) Shares Sold by National Bank of Canada FI

National Bank of Canada FI decreased its holdings in AECOM (NYSE:ACM) by 73.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,474 shares of the construction company’s stock after selling 201,383 shares during the period. National Bank of Canada FI owned approximately 0.06% of AECOM worth $7,858,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Principal Securities Inc. increased its holdings in shares of AECOM by 95.9% in the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock valued at $25,000 after purchasing an additional 116 shares during the last quarter. Allworth Financial LP grew its holdings in 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 buying an additional 207 shares in the last quarter. National Pension Service acquired a new stake in shares of AECOM in the 4th quarter worth $32,000. Wingate Wealth Advisors Inc. purchased a new position in shares of AECOM during the 4th quarter worth $51,000. Finally, Jones Financial Companies Lllp boosted its position in shares of AECOM by 821.4% during the 4th quarter. Jones Financial Companies Lllp now owns 645 shares of the construction company’s stock valued at $69,000 after acquiring an additional 575 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Stock Down 3.8 %

AECOM stock opened at $89.23 on Friday. 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 firm has a 50 day moving average price of $98.67 and a 200 day moving average price of $104.97. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The company has a market capitalization of $11.83 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03.

AECOM (NYSE:ACM) last posted 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%. Research analysts expect that AECOM will post 5.1 earnings per share for the current year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.17%. AECOM’s dividend payout ratio is presently 29.55%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Robert W. Baird cut their price objective on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a research report on Tuesday, February 4th. KeyCorp cut their price target 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. Citigroup decreased their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Finally, Barclays raised their target price on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM has an average rating of “Buy” and an average 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.