Aecom (NYSE:ACM) Stake Decreased by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC decreased its position in Aecom (NYSE:ACM) by 15.0% during the 1st quarter, HoldingsChannel reports. The fund owned 418,484 shares of the construction company’s stock after selling 73,688 shares during the quarter. Parametric Portfolio Associates LLC’s holdings in Aecom were worth $12,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc grew its holdings in shares of Aecom by 1.5% during the third quarter. Vanguard Group Inc now owns 14,139,854 shares of the construction company’s stock worth $461,808,000 after buying an additional 204,643 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Aecom by 1.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,798,549 shares of the construction company’s stock worth $127,160,000 after purchasing an additional 60,019 shares in the last quarter. Pzena Investment Management LLC increased its stake in Aecom by 33.6% during the fourth quarter. Pzena Investment Management LLC now owns 3,240,077 shares of the construction company’s stock valued at $85,862,000 after purchasing an additional 815,398 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of Aecom by 2,617.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,705,832 shares of the construction company’s stock worth $64,000 after acquiring an additional 1,643,066 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Aecom by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 1,631,090 shares of the construction company’s stock valued at $43,223,000 after buying an additional 63,085 shares in the last quarter. Hedge funds and other institutional investors own 87.06% of the company’s stock.

Aecom stock traded down $0.48 during midday trading on Wednesday, hitting $32.95. 6,321 shares of the company’s stock were exchanged, compared to its average volume of 863,339. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.85. Aecom has a 52-week low of $24.83 and a 52-week high of $35.00. The stock has a market cap of $5.18 billion, a price-to-earnings ratio of 12.34 and a beta of 1.68.

Aecom (NYSE:ACM) last posted its earnings results on Wednesday, May 8th. The construction company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. The firm had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $4.89 billion. Aecom had a return on equity of 10.08% and a net margin of 1.34%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 EPS. On average, research analysts anticipate that Aecom will post 2.78 earnings per share for the current year.

In other Aecom news, EVP Carla J. Christofferson sold 8,403 shares of the stock in a transaction on Friday, April 12th. The stock was sold at an average price of $32.00, for a total value of $268,896.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.26% of the stock is currently owned by company insiders.

A number of analysts have recently issued reports on ACM shares. TheStreet raised shares of Aecom from a “c+” rating to a “b-” rating in a research report on Monday, April 29th. Zacks Investment Research raised Aecom from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research report on Wednesday, April 10th. Finally, ValuEngine upgraded Aecom from a “sell” rating to a “hold” rating in a research note on Wednesday, February 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. Aecom currently has an average rating of “Hold” and an average target price of $35.29.

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About Aecom

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.

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Institutional Ownership by Quarter for Aecom (NYSE:ACM)

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