Capital Performance Advisors LLP Purchases Shares of 854 AECOM (NYSE:ACM)

Capital Performance Advisors LLP acquired a new position in shares of AECOM (NYSE:ACM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 854 shares of the construction company’s stock, valued at approximately $88,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mackenzie Financial Corp raised its holdings in AECOM by 12.5% during the 2nd quarter. Mackenzie Financial Corp now owns 10,621 shares of the construction company’s stock worth $936,000 after purchasing an additional 1,180 shares during the last quarter. Acadian Asset Management LLC bought a new position in AECOM during the first quarter worth $1,085,000. Janney Montgomery Scott LLC lifted its holdings in AECOM by 1,082.9% in the first quarter. Janney Montgomery Scott LLC now owns 34,778 shares of the construction company’s stock valued at $3,411,000 after buying an additional 31,838 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in AECOM by 102.7% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 232,223 shares of the construction company’s stock valued at $22,777,000 after acquiring an additional 117,646 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in AECOM during the 1st quarter worth about $741,000. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Down 0.3 %

AECOM stock opened at $110.37 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. The firm’s fifty day moving average price is $103.29 and its two-hundred day moving average price is $95.04. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 59.34, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17. AECOM has a 1-year low of $78.11 and a 1-year high of $115.74.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, October 2nd were paid a dividend of $0.22 per share. The ex-dividend date was Wednesday, October 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 0.80%. AECOM’s dividend payout ratio (DPR) is currently 47.31%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Barclays upped their target price on AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. Robert W. Baird raised their price objective on shares of AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. StockNews.com upgraded shares of AECOM from a “hold” rating to a “buy” rating in a research report on Sunday, October 27th. KeyCorp increased their target price on shares of AECOM from $115.00 to $122.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Royal Bank of Canada lifted their price target on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $113.29.

Insiders Place Their Bets

In related news, CFO Gaurav Kapoor sold 42,400 shares of AECOM stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $115.34, for a total transaction of $4,890,416.00. Following the transaction, the chief financial officer now owns 31,228 shares of the company’s stock, valued at $3,601,837.52. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.42% of the company’s stock.

AECOM Company 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.