Vinva Investment Management Ltd Acquires 74,781 Shares of AECOM (NYSE:ACM)

Vinva Investment Management Ltd lifted its holdings in AECOM (NYSE:ACM) by 198.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 112,469 shares of the construction company’s stock after purchasing an additional 74,781 shares during the period. Vinva Investment Management Ltd owned about 0.08% of AECOM worth $12,040,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its holdings in shares of AECOM by 1.5% in the third quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company’s stock valued at $655,000 after purchasing an additional 91 shares in the last quarter. Ranch Capital Advisors Inc. lifted its position in shares of AECOM by 2.3% during the fourth 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. PNC Financial Services Group Inc. lifted its position in shares of AECOM by 1.1% during the third quarter. PNC Financial Services Group Inc. now owns 9,459 shares of the construction company’s stock worth $977,000 after purchasing an additional 103 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of AECOM by 1.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company’s stock worth $809,000 after purchasing an additional 109 shares during the last quarter. Finally, Avitas Wealth Management LLC increased its stake in shares of AECOM by 0.6% during the fourth quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company’s stock valued at $2,023,000 after buying an additional 110 shares during the period. 85.41% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Citigroup cut their price target on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Robert W. Baird dropped their target price on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 4th. Barclays upped their target price on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. KeyCorp lowered their price objective on AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group began coverage on AECOM in a research report on Friday, November 22nd. They set a “buy” rating and a $130.00 target price on the stock. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM presently has an average rating of “Buy” and a consensus price target of $120.38.

AECOM Stock Down 0.3 %

Shares of ACM opened at $95.34 on Wednesday. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The company has a market capitalization of $12.65 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The stock has a fifty day simple moving average of $102.48 and a two-hundred day simple moving average of $105.26. 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 (NYSE:ACM) last issued its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

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 yield of 1.09%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) 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.