United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $737,000 in AECOM (NYSE:ACM)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in AECOM (NYSE:ACM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,900 shares of the construction company’s stock, valued at approximately $737,000.

A number of other institutional investors also recently modified their holdings of ACM. Geode Capital Management LLC raised its holdings in AECOM by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,270,408 shares of the construction company’s stock valued at $233,918,000 after acquiring an additional 14,511 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of AECOM by 17.0% during the 3rd 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. Charles Schwab Investment Management Inc. lifted its holdings in AECOM by 0.7% during the 4th 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 in the last quarter. AGF Management Ltd. boosted its stake in AECOM by 0.7% in the 4th quarter. AGF Management Ltd. now owns 871,893 shares of the construction company’s stock worth $93,136,000 after purchasing an additional 5,660 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in AECOM by 40.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock valued at $79,339,000 after buying an additional 220,035 shares in the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Down 1.1 %

Shares of NYSE:ACM opened at $94.72 on Wednesday. The firm has a market capitalization of $12.56 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The firm has a fifty day moving average of $101.23 and a 200 day moving average of $105.21.

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, topping analysts’ consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, research analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Wall Street Analyst Weigh In

ACM has been the subject of a number of analyst reports. KeyCorp cut their price objective on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Barclays raised their price target on shares of 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 on the stock in a report on Wednesday, January 29th. Finally, Robert W. Baird dropped their price objective on AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 4th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, AECOM currently has a consensus 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.