Jane Street Group LLC purchased a new stake in shares of Aecom (NYSE:ACM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,654 shares of the construction company’s stock, valued at approximately $203,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Aecom by 1.5% in the third quarter. Vanguard Group Inc. now owns 14,139,854 shares of the construction company’s stock worth $461,808,000 after purchasing an additional 204,643 shares during the period. Vanguard Group Inc lifted its holdings in Aecom by 1.5% in the third quarter. Vanguard Group Inc now owns 14,139,854 shares of the construction company’s stock worth $461,808,000 after purchasing an additional 204,643 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Aecom by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,798,549 shares of the construction company’s stock worth $127,160,000 after purchasing an additional 60,019 shares during the period. Pzena Investment Management LLC lifted its holdings in Aecom by 33.6% in the fourth quarter. Pzena Investment Management LLC now owns 3,240,077 shares of the construction company’s stock worth $85,862,000 after purchasing an additional 815,398 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Aecom by 2,617.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,705,832 shares of the construction company’s stock worth $64,000 after purchasing an additional 1,643,066 shares during the period. 87.86% of the stock is owned by institutional investors.
ACM stock opened at $32.79 on Friday. The stock has a market capitalization of $5.12 billion, a P/E ratio of 12.24, a P/E/G ratio of 1.35 and a beta of 1.70. Aecom has a fifty-two week low of $24.83 and a fifty-two week high of $36.97. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.20 and a quick ratio of 1.20.
Aecom (NYSE:ACM) last issued its quarterly earnings results on Tuesday, February 5th. The construction company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.52 by $0.04. Aecom had a net margin of 0.38% and a return on equity of 10.15%. The firm had revenue of $5.04 billion for the quarter, compared to analysts’ expectations of $4.97 billion. During the same period in the previous year, the business earned $0.57 earnings per share. Aecom’s revenue for the quarter was up 2.6% compared to the same quarter last year. On average, analysts anticipate that Aecom will post 2.75 EPS for the current fiscal year.
In other Aecom news, EVP Carla J. Christofferson sold 8,403 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $32.00, for a total value of $268,896.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Daniel R. Tishman sold 25,000 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $30.11, for a total transaction of $752,750.00. Following the completion of the sale, the director now owns 97,978 shares in the company, valued at $2,950,117.58. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.
Several equities research analysts recently weighed in on ACM shares. Zacks Investment Research raised shares of Aecom from a “strong sell” rating to a “hold” rating in a report on Monday, January 14th. KeyCorp set a $35.00 price objective on shares of Aecom and gave the stock a “buy” rating in a report on Tuesday, January 29th. Finally, ValuEngine downgraded shares of Aecom from a “hold” rating to a “sell” rating in a report on Friday, February 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $35.88.
Aecom Company Profile
AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.
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