Fox Run Management L.L.C. Takes Position in AECOM (NYSE:ACM)

Fox Run Management L.L.C. purchased a new position in shares of AECOM (NYSE:ACM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,909 shares of the construction company’s stock, valued at approximately $418,000.

Other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its holdings in shares of AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock valued at $25,000 after acquiring an additional 116 shares during the period. Allworth Financial LP grew its position in AECOM by 390.6% during the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock worth $29,000 after purchasing an additional 207 shares during the last quarter. Private Trust Co. NA acquired a new position in AECOM in the third quarter valued at $30,000. True Wealth Design LLC raised its holdings in shares of AECOM by 4,242.9% in the third quarter. True Wealth Design LLC now owns 304 shares of the construction company’s stock valued at $31,000 after buying an additional 297 shares during the last quarter. Finally, National Pension Service acquired a new stake in shares of AECOM during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ACM. Citigroup reduced their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. KeyCorp decreased their price target on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Barclays boosted 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. Finally, 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. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $120.38.

AECOM Price Performance

Shares of NYSE ACM opened at $94.72 on Wednesday. The company’s fifty day moving average is $101.23 and its two-hundred day moving average is $105.21. 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 market capitalization of $12.56 billion, a P/E ratio of 26.91, a PEG ratio of 1.63 and a beta of 1.22. AECOM has a one year low of $82.23 and a one year high of $118.56.

AECOM (NYSE:ACM) last issued its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating 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 forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders 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 dividend on an annualized basis and a yield of 1.10%. AECOM’s payout ratio is 29.55%.

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.