ProShare Advisors LLC Sells 217 Shares of AECOM (NYSE:ACM)

ProShare Advisors LLC cut its stake in AECOM (NYSE:ACM – Free Report ) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,420 shares of the construction company’s stock after selling 217 shares during the quarter. ProShare Advisors LLC’s holdings in AECOM were worth $566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Findlay Park Partners LLP boosted its position in shares of AECOM by 22.6% in the first quarter. Findlay Park Partners LLP now owns 2,561,327 shares of the construction company’s stock worth $251,215,000 after buying an additional 472,944 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in AECOM by 5.5% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,339,185 shares of the construction company’s stock worth $206,176,000 after purchasing an additional 122,015 shares in the last quarter. Impax Asset Management Group plc raised its position in AECOM by 15.5% during the second quarter. Impax Asset Management Group plc now owns 1,752,487 shares of the construction company’s stock worth $154,464,000 after purchasing an additional 235,350 shares in the last quarter. Bank of New York Mellon Corp raised its stake in AECOM by 18.8% in the second quarter. Bank of New York Mellon Corp now owns 1,628,924 shares of the construction company’s stock valued at $143,573,000 after acquiring an additional 258,250 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in shares of AECOM by 2.7% in the first quarter. Jacobs Levy Equity Management Inc. now owns 980,228 shares of the construction company’s stock valued at $96,141,000 after acquiring an additional 26,079 shares during the period. Institutional investors own 85.41% of the company’s shares.

Analysts set new price targets

A number of equities research analysts have recently issued reports on ACM shares. Royal Bank of Canada boosted their target price on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. KeyCorp boosted their price objective on AECOM from $94.00 to $99.00 and gave the company an “overweight” rating in a research note on Wednesday, August 7th. Citigroup cut their price target on AECOM from $116.00 to $104.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Barclays upped their target price on AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Finally, Robert W. Baird upped their price objective on shares of AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Eight research analysts have rated the stock with a buy rating. The stock currently has a consensus rating of “Buy” and a consensus price target of $105.00, based on data from MarketBeat.

Get our latest analysis on AECOM

AECOM stock 0.0%

Shares of ACM stock opened at $103.23 on Monday. AECOM has a fifty-two week low of $74.40 and a fifty-two week high of $104.63. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13, and a quick ratio of 1.13. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of -1,147.00, a PEG ratio of 1.70 and a beta of 1.17. The company’s fifty day moving average price is $95.91 and its two hundred day moving average price is $92.69.

AECOM (NYSE:ACM – Get Your Free Report ) last posted its quarterly earnings results on Monday, August 5th. The construction company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.04. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $1.85 billion. In the same period last year, the company earned $0.94 per share. AECOM’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, equities analysts anticipate that AECOM will post 4.46 earnings per share for the current year.

AECOM dividend announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, October 2nd will be paid a $0.22 dividend. This represents an annualized dividend of $0.88 and a dividend yield of 0.85%. The ex-dividend date is Wednesday, October 2. AECOM’s dividend payout ratio (DPR) is currently -977.78%.

AECOM company profile

(Free Report)

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International and AECOM Capital. The company provides planning, consulting, architectural and engineering design, construction and program management, as well as investment and development services to public and private clients.

See Also

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