Universal Beteiligungs und Servicegesellschaft mbH Buys New Shares in AECOM (NYSE:ACM)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in AECOM (NYSE:ACM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 158,744 shares of the construction company's stock, valued at approximately $16,957,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of AECOM at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Alliancebernstein L.P. boosted its stake in shares of AECOM by 11.2% in the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after buying an additional 373,991 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of AECOM by 34.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company's stock valued at $286,305,000 after buying an additional 691,020 shares in the last quarter. Norges Bank purchased a new stake in AECOM during the fourth quarter worth $190,495,000. Northern Trust Corp boosted its position in AECOM by 53.5% during the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after purchasing an additional 580,078 shares in the last quarter. Finally, FMR LLC boosted its position in AECOM by 2.9% during the fourth quarter. FMR LLC now owns 1,360,510 shares of the construction company's stock worth $145,330,000 after purchasing an additional 38,177 shares in the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Price Performance

Shares of NYSE:ACM traded up $1.75 on Tuesday, hitting $110.84. The company had a trading volume of 837,925 shares, compared to its average volume of 910,031. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The business has a 50 day moving average of $99.92 and a 200 day moving average of $103.43. The company has a market cap of $14.66 billion, a PE ratio of 31.49, a PEG ratio of 1.63 and a beta of 0.96.

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

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were given a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 0.94%. AECOM's dividend payout ratio is currently 22.66%.

Analyst Ratings Changes

A number of analysts have commented on ACM shares. Royal Bank of Canada boosted their target price on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Robert W. Baird boosted their target price on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. KeyCorp decreased their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Citigroup boosted their target price on AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Finally, Truist Financial decreased their target price on AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $120.86.

About AECOM

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.