Yousif Capital Management LLC Has $5.97 Million Position in AECOM (NYSE:ACM)

Yousif Capital Management LLC reduced its stake in shares of AECOM (NYSE:ACM – Get Rating) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,310 shares of the construction company’s stock after selling 870 shares during the quarter. Yousif Capital Management LLC owned about 0.05% of AECOM worth $5,971,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Point72 Hong Kong Ltd acquired a new position in shares of AECOM in the 1st quarter valued at approximately $25,000. Bessemer Group Inc. grew its position in shares of AECOM by 4,060.0% in the 3rd quarter. Bessemer Group Inc. now owns 416 shares of the construction company’s stock valued at $28,000 after purchasing an additional 406 shares during the period. Brown Brothers Harriman & Co. acquired a new position in shares of AECOM in the 2nd quarter valued at approximately $35,000. Quadrant Capital Group LLC grew its position in shares of AECOM by 20.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 805 shares of the construction company’s stock valued at $55,000 after purchasing an additional 136 shares during the period. Finally, Fred Alger Management LLC acquired a new position in shares of AECOM in the 3rd quarter valued at approximately $59,000. 84.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at AECOM

In other news, insider Todd Battley sold 2,800 shares of the company’s stock in a transaction that occurred on Thursday, January 5th. The stock was sold at an average price of $83.96, for a total transaction of $235,088.00. Following the sale, the insider now owns 16,295 shares in the company, valued at approximately $1,368,128.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Todd Battley sold 2,800 shares of the stock in a transaction on Thursday, January 5th. The stock was sold at an average price of $83.96, for a total value of $235,088.00. Following the sale, the insider now owns 16,295 shares in the company, valued at approximately $1,368,128.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Lara Poloni sold 6,498 shares of the stock in a transaction on Monday, January 9th. The shares were sold at an average price of $83.10, for a total value of $539,983.80. Following the completion of the sale, the president now owns 73,351 shares in the company, valued at approximately $6,095,468.10. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

AECOM Trading Down 1.3 %

NYSE:ACM opened at $82.36 on Friday. AECOM has a twelve month low of $60.74 and a twelve month high of $92.16. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.80. The business has a 50 day moving average price of $87.24 and a two-hundred day moving average price of $80.70. The company has a market cap of $11.44 billion, a P/E ratio of 34.46, a price-to-earnings-growth ratio of 2.05 and a beta of 1.30.

AECOM (NYSE:ACM – Get Rating) last announced its quarterly earnings data on Tuesday, February 7th. The construction company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. AECOM had a return on equity of 18.50% and a net margin of 2.54%. The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the prior year, the business posted $0.89 EPS. The business’s revenue was up 3.5% compared to the same quarter last year. As a group, analysts expect that AECOM will post 3.67 EPS for the current fiscal year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 21st. Stockholders of record on Wednesday, April 5th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Tuesday, April 4th. AECOM’s dividend payout ratio is currently 30.13%.

Wall Street Analyst Weigh In

ACM has been the subject of several research analyst reports. KeyCorp boosted their price objective on AECOM from $91.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, January 17th. Royal Bank of Canada boosted their price objective on AECOM from $94.00 to $102.00 in a research report on Wednesday, February 8th. StockNews.com started coverage on AECOM in a research report on Thursday. They issued a “hold” rating for the company. Barclays upped their price target on AECOM from $90.00 to $94.00 and gave the stock an “overweight” rating in a research report on Friday, January 13th. Finally, UBS Group set a $94.00 price target on AECOM in a research report on Wednesday, November 23rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.43.

About AECOM

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AECOM engages in the design, manufacture, financing, and operation of infrastructure assets for governments, businesses and organizations. It operates through the following segments: Americas, International, and AECOM Capital. The Americas segment deals with planning, consulting, architectural and engineering design and construction management services to commercial and government clients in the United States, Canada and Latin America in major end markets such as transportation, water, government, facilities, environmental and energy.