O Shaughnessy Asset Management LLC Grows Stake in AECOM (NYSE:ACM)

O Shaughnessy Asset Management LLC raised its position in shares of AECOM (NYSE:ACM) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,664 shares of the construction company’s stock after purchasing an additional 1,057 shares during the period. O Shaughnessy Asset Management LLC’s holdings in AECOM were worth $1,566,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Schroder Investment Management Group lifted its position in shares of AECOM by 39.9% in the 4th quarter. Schroder Investment Management Group now owns 8,792 shares of the construction company’s stock worth $939,000 after purchasing an additional 2,508 shares during the period. Allstate Corp purchased a new stake in AECOM during the fourth quarter worth $419,000. Brown Brothers Harriman & Co. boosted its position in AECOM by 17.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company’s stock valued at $74,000 after acquiring an additional 103 shares in the last quarter. Norges Bank bought a new stake in AECOM during the 4th quarter valued at $190,495,000. Finally, Loomis Sayles & Co. L P raised its position in shares of AECOM by 3.7% in the 4th quarter. Loomis Sayles & Co. L P now owns 169,508 shares of the construction company’s stock worth $18,107,000 after acquiring an additional 6,007 shares in the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Down 3.8 %

NYSE:ACM opened at $89.23 on Friday. The company’s 50 day moving average is $98.67 and its two-hundred day moving average is $104.97. The company has a market cap of $11.83 billion, a PE ratio of 25.35, a P/E/G ratio of 1.63 and a beta of 1.03. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM) last released its earnings results 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%. Analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is 29.55%.

Analyst Ratings Changes

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