UBS Asset Management Americas Inc. boosted its position in Aecom (NYSE:ACM) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 139,976 shares of the construction company’s stock after purchasing an additional 4,316 shares during the quarter. UBS Asset Management Americas Inc. owned about 0.09% of Aecom worth $5,200,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of ACM. Aperio Group LLC lifted its position in Aecom by 15.7% in the 3rd quarter. Aperio Group LLC now owns 47,878 shares of the construction company’s stock valued at $1,762,000 after purchasing an additional 6,490 shares during the last quarter. Victory Capital Management Inc. lifted its position in Aecom by 37.2% in the 3rd quarter. Victory Capital Management Inc. now owns 36,114 shares of the construction company’s stock valued at $1,329,000 after purchasing an additional 9,801 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Aecom by 100.6% in the 3rd quarter. Canada Pension Plan Investment Board now owns 93,300 shares of the construction company’s stock valued at $3,434,000 after purchasing an additional 46,800 shares during the last quarter. Stevens Capital Management LP bought a new stake in shares of Aecom during the 3rd quarter worth about $1,603,000. Finally, Prudential Financial Inc. raised its position in shares of Aecom by 7.5% during the 3rd quarter. Prudential Financial Inc. now owns 1,048,130 shares of the construction company’s stock worth $38,581,000 after buying an additional 73,060 shares in the last quarter. Hedge funds and other institutional investors own 83.99% of the company’s stock.
Shares of Aecom (NYSE:ACM) opened at $36.54 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.86. Aecom has a fifty-two week low of $30.15 and a fifty-two week high of $39.90. The company has a market cap of $5,820.00, a P/E ratio of 12.30, a P/E/G ratio of 2.46 and a beta of 1.71.
In related news, Director Linda M. Griego sold 5,160 shares of the business’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $38.11, for a total value of $196,647.60. Following the sale, the director now directly owns 33,335 shares in the company, valued at approximately $1,270,396.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman Daniel R. Tishman sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $37.00, for a total transaction of $555,000.00. Following the completion of the sale, the insider now owns 114,095 shares in the company, valued at $4,221,515. The disclosure for this sale can be found here. Insiders sold a total of 97,486 shares of company stock worth $3,725,752 over the last quarter. Insiders own 0.74% of the company’s stock.
A number of analysts have commented on ACM shares. Credit Suisse Group restated a “neutral” rating on shares of Aecom in a research report on Tuesday, November 14th. UBS Group restated a “buy” rating and set a $4.00 price target (down from $40.00) on shares of Aecom in a research report on Tuesday, November 14th. DA Davidson restated a “hold” rating and set a $39.00 price target on shares of Aecom in a research report on Tuesday, November 14th. Canaccord Genuity restated a “hold” rating and set a $36.00 price target on shares of Aecom in a research report on Tuesday, November 14th. Finally, Zacks Investment Research upgraded shares of Aecom from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $36.40.
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AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.
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