AECOM (NYSE:ACM) Position Increased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of AECOM (NYSE:ACM) by 10.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 99,672 shares of the construction company’s stock after purchasing an additional 9,707 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.08% of AECOM worth $10,740,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Korea Investment CORP lifted its holdings in AECOM by 43.1% in the fourth quarter. Korea Investment CORP now owns 157,332 shares of the construction company’s stock worth $16,806,000 after acquiring an additional 47,371 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of AECOM during the 4th quarter worth approximately $737,000. Prudential Financial Inc. lifted its holdings in shares of AECOM by 16.6% in the 4th quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company’s stock worth $2,940,000 after purchasing an additional 3,921 shares during the last quarter. LPL Financial LLC boosted its position in AECOM by 3.2% during the 4th quarter. LPL Financial LLC now owns 142,015 shares of the construction company’s stock valued at $15,170,000 after purchasing an additional 4,400 shares during the period. Finally, Fox Run Management L.L.C. bought a new position in AECOM during the 4th quarter worth $418,000. 85.41% of the stock is currently owned by institutional investors.

AECOM Trading Up 0.2 %

AECOM stock opened at $92.69 on Tuesday. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. The stock has a market capitalization of $12.29 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The firm has a 50 day simple moving average of $100.01 and a 200-day simple moving average of $105.16. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, equities research analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Wednesday, April 2nd. AECOM’s payout ratio is 29.55%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ACM shares. Citigroup cut their target price on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Robert W. Baird reduced their target price on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 4th. KeyCorp dropped their price target on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays boosted their price objective on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $120.38.

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.