Natixis Advisors LLC Sells 10,162 Shares of AECOM (NYSE:ACM)

Natixis Advisors LLC cut its stake in shares of AECOM (NYSE:ACM) by 27.4% during the 4th quarter, Holdings Channel reports. The fund owned 26,960 shares of the construction company’s stock after selling 10,162 shares during the period. Natixis Advisors LLC’s holdings in AECOM were worth $2,879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. HighTower Advisors LLC boosted its stake in AECOM by 24.7% during the fourth quarter. HighTower Advisors LLC now owns 14,457 shares of the construction company’s stock worth $1,544,000 after acquiring an additional 2,863 shares in the last quarter. Wealthfront Advisers LLC bought a new position in AECOM during the fourth quarter worth $704,000. AGF Management Ltd. raised its holdings in AECOM by 0.7% during the fourth quarter. AGF Management Ltd. now owns 871,893 shares of the construction company’s stock worth $93,136,000 after buying an additional 5,660 shares during the last quarter. Ranch Capital Advisors Inc. raised its holdings in AECOM by 2.3% during the fourth quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company’s stock worth $479,000 after buying an additional 99 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in AECOM by 50.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 60,900 shares of the construction company’s stock worth $6,505,000 after buying an additional 20,500 shares during the last quarter. 85.41% of the stock is owned by institutional investors.

AECOM Stock Performance

Shares of ACM stock opened at $94.14 on Monday. The firm has a 50-day moving average of $101.78 and a 200-day moving average of $105.20. The company has a market cap of $12.49 billion, a P/E ratio of 26.74, a P/E/G ratio of 1.63 and a beta of 1.22. 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 has a one year low of $82.23 and a one year high of $118.56.

AECOM (NYSE:ACM) last announced its earnings results on Monday, February 3rd. The construction company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Equities research analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.10%. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Analysts Set New Price Targets

Several research firms have weighed in on ACM. KeyCorp lowered their price objective on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Citigroup lowered their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Robert W. Baird lowered their price objective on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, Barclays upped their price objective on shares of AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, AECOM currently has an average 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.