AECOM (NYSE:ACM) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in AECOM (NYSE:ACM) by 18.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 623,917 shares of the construction company’s stock after selling 144,349 shares during the quarter. JPMorgan Chase & Co. owned about 0.47% of AECOM worth $66,647,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Townsquare Capital LLC acquired a new position in AECOM in the third quarter worth approximately $279,000. Captrust Financial Advisors grew its holdings in shares of AECOM by 28.1% in the 3rd quarter. Captrust Financial Advisors now owns 6,742 shares of the construction company’s stock worth $696,000 after acquiring an additional 1,480 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of AECOM by 14.8% during the third quarter. Integrated Wealth Concepts LLC now owns 2,681 shares of the construction company’s stock worth $277,000 after purchasing an additional 346 shares during the period. Parallax Volatility Advisers L.P. acquired a new stake in shares of AECOM during the third quarter worth $783,000. Finally, Quarry LP purchased a new stake in shares of AECOM during the third quarter valued at $84,000. Institutional investors own 85.41% of the company’s stock.

AECOM Trading Down 3.8 %

Shares of NYSE:ACM opened at $89.23 on Friday. The firm has a fifty day moving average of $98.67 and a two-hundred day moving average of $104.92. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. The firm has a market capitalization of $11.83 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22.

AECOM (NYSE:ACM) last released its quarterly earnings data 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 return on equity of 26.84% and a net margin of 2.93%. On average, equities analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

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

Wall Street Analyst Weigh In

ACM has been the topic of several recent analyst reports. KeyCorp cut their price objective on AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird reduced their price target 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. Barclays raised their price objective on shares of AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Citigroup cut their target price on shares of AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $120.38.

AECOM Company 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.