Public Employees Retirement System of Ohio Sells 3,340 Shares of AECOM (NYSE:ACM)

Public Employees Retirement System of Ohio reduced its position in AECOM (NYSE:ACM - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,955 shares of the construction company's stock after selling 3,340 shares during the quarter. Public Employees Retirement System of Ohio's holdings in AECOM were worth $4,909,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ACM. Blue Trust Inc. lifted its stake in AECOM by 20.7% in the fourth quarter. Blue Trust Inc. now owns 1,261 shares of the construction company's stock valued at $130,000 after buying an additional 216 shares during the period. KBC Group NV lifted its position in shares of AECOM by 24.4% during the 4th quarter. KBC Group NV now owns 19,255 shares of the construction company's stock valued at $2,057,000 after acquiring an additional 3,780 shares during the period. Nilsine Partners LLC boosted its stake in AECOM by 5.2% during the fourth quarter. Nilsine Partners LLC now owns 14,877 shares of the construction company's stock worth $1,589,000 after acquiring an additional 730 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in AECOM by 90.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 97,938 shares of the construction company's stock worth $10,462,000 after acquiring an additional 46,486 shares in the last quarter. Finally, Forsta AP Fonden grew its holdings in AECOM by 204.2% in the fourth quarter. Forsta AP Fonden now owns 79,100 shares of the construction company's stock worth $8,449,000 after purchasing an additional 53,100 shares during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Up 1.0%

ACM stock traded up $1.12 during mid-day trading on Friday, reaching $109.91. 2,196,935 shares of the company traded hands, compared to its average volume of 909,730. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm's 50 day moving average price is $99.30 and its 200 day moving average price is $103.39. The stock has a market cap of $14.54 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 1.63 and a beta of 0.96. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last posted its earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.10. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same quarter last year, the company earned $1.04 earnings per share. The company's revenue for the quarter was up 2.6% on a year-over-year basis. As a group, equities research analysts predict that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's payout ratio is currently 22.66%.

Analyst Ratings Changes

ACM has been the topic of several research reports. Royal Bank of Canada upped their price objective on shares of AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Citigroup upped their price target on AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Robert W. Baird increased their price target on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. KeyCorp reduced their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Finally, Barclays upped their target price on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $120.86.

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.