Teachers Retirement System of The State of Kentucky Has $1.56 Million Stake in AECOM (NYSE:ACM)

Teachers Retirement System of The State of Kentucky trimmed its stake in AECOM (NYSE:ACMGet Rating) by 6.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,291 shares of the construction company’s stock after selling 1,400 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in AECOM were worth $1,559,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE increased its holdings in AECOM by 0.7% in the first quarter. Bank of America Corp DE now owns 980,245 shares of the construction company’s stock valued at $75,294,000 after purchasing an additional 7,196 shares during the period. Advisory Services Network LLC acquired a new stake in AECOM in the first quarter valued at $245,000. BNP Paribas Arbitrage SA increased its holdings in AECOM by 93.9% in the first quarter. BNP Paribas Arbitrage SA now owns 36,440 shares of the construction company’s stock valued at $2,799,000 after purchasing an additional 17,643 shares during the period. Virtu Financial LLC acquired a new stake in AECOM during the 1st quarter worth about $601,000. Finally, Lido Advisors LLC grew its holdings in AECOM by 9.5% during the 1st quarter. Lido Advisors LLC now owns 8,734 shares of the construction company’s stock worth $670,000 after acquiring an additional 755 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on ACM. StockNews.com upgraded AECOM from a “hold” rating to a “buy” rating in a report on Thursday, July 28th. Credit Suisse Group increased their price target on AECOM to $81.00 in a report on Monday, August 15th. Robert W. Baird increased their price target on AECOM from $82.00 to $89.00 and gave the stock an “outperform” rating in a report on Friday, August 26th. Finally, Citigroup decreased their price target on AECOM from $92.00 to $85.00 in a report on Friday, July 22nd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $88.38.

AECOM Stock Performance

Shares of ACM opened at $71.04 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a 50-day moving average of $72.24 and a 200-day moving average of $71.34. The company has a market cap of $9.92 billion, a PE ratio of 33.83, a P/E/G ratio of 1.43 and a beta of 1.38. AECOM has a one year low of $60.74 and a one year high of $79.97.

AECOM (NYSE:ACMGet Rating) last announced its quarterly earnings results on Monday, August 8th. The construction company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04. AECOM had a net margin of 2.30% and a return on equity of 18.25%. The business had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter last year, the firm earned $0.73 EPS. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. On average, equities research analysts predict that AECOM will post 3.46 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 21st. Investors of record on Wednesday, October 5th will be given a $0.15 dividend. The ex-dividend date is Tuesday, October 4th. This represents a $0.60 annualized dividend and a yield of 0.84%. AECOM’s payout ratio is 28.57%.

AECOM Company Profile

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AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through 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 commercial and government clients.

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Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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