AECOM (NYSE:ACM) Position Trimmed by Sei Investments Co.

Sei Investments Co. reduced its holdings in AECOM (NYSE:ACM) by 49.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 90,708 shares of the construction company’s stock after selling 90,088 shares during the quarter. Sei Investments Co. owned approximately 0.07% of AECOM worth $9,689,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of ACM. Franklin Resources Inc. lifted its holdings in AECOM by 1.5% in the third quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company’s stock worth $655,000 after acquiring an additional 91 shares during the last quarter. Ranch Capital Advisors Inc. lifted its holdings in shares of AECOM by 2.3% in the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company’s stock worth $479,000 after purchasing an additional 99 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in AECOM by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company’s stock valued at $809,000 after purchasing an additional 109 shares during the period. Avitas Wealth Management LLC grew its stake in AECOM by 0.6% during the 4th quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company’s stock worth $2,023,000 after buying an additional 110 shares during the last quarter. Finally, Principal Securities Inc. increased its position in AECOM by 95.9% in the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock worth $25,000 after buying an additional 116 shares during the period. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Performance

Shares of NYSE ACM opened at $92.48 on Monday. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. 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 stock has a fifty day moving average price of $100.34 and a two-hundred day moving average price of $105.18. The firm has a market cap of $12.27 billion, a P/E ratio of 26.27, a PEG ratio of 1.63 and a beta of 1.22.

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

AECOM Dividend Announcement

The firm 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 dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.12%. The ex-dividend date is Wednesday, April 2nd. AECOM’s dividend payout ratio is presently 29.55%.

Analysts Set New Price Targets

Several equities analysts have recently commented on ACM shares. Barclays upped their price target 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. KeyCorp decreased their target price 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. Robert W. Baird cut their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup decreased their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM has a consensus rating of “Buy” and a consensus target price of $120.38.

About AECOM

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.