Three Peaks Capital Management LLC Raises Holdings in Aecom (ACM)

Three Peaks Capital Management LLC grew its stake in Aecom (NYSE:ACM) by 77.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 271,174 shares of the construction company’s stock after purchasing an additional 117,936 shares during the period. Three Peaks Capital Management LLC owned approximately 0.17% of Aecom worth $10,074,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Reilly Financial Advisors LLC grew its stake in shares of Aecom by 0.9% in the 4th quarter. Reilly Financial Advisors LLC now owns 252,068 shares of the construction company’s stock valued at $9,364,000 after purchasing an additional 2,205 shares during the period. TIAA FSB grew its position in Aecom by 41.6% during the 4th quarter. TIAA FSB now owns 39,163 shares of the construction company’s stock worth $1,455,000 after acquiring an additional 11,514 shares during the last quarter. SG Americas Securities LLC grew its position in Aecom by 44.4% during the 4th quarter. SG Americas Securities LLC now owns 36,735 shares of the construction company’s stock worth $1,365,000 after acquiring an additional 11,292 shares during the last quarter. Boston Advisors LLC bought a new stake in Aecom during the 4th quarter worth approximately $206,000. Finally, Smith Graham & Co. Investment Advisors LP grew its position in Aecom by 21.3% during the 4th quarter. Smith Graham & Co. Investment Advisors LP now owns 164,850 shares of the construction company’s stock worth $6,124,000 after acquiring an additional 29,000 shares during the last quarter. Institutional investors own 81.52% of the company’s stock.

In other news, Vice Chairman Daniel R. Tishman sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $38.88, for a total value of $583,200.00. Following the completion of the transaction, the insider now owns 129,095 shares in the company, valued at approximately $5,019,213.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael S. Burke sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $39.00, for a total value of $1,170,000.00. Following the completion of the transaction, the chief executive officer now owns 157,649 shares of the company’s stock, valued at approximately $6,148,311. The disclosure for this sale can be found here. In the last quarter, insiders have sold 82,486 shares of company stock valued at $3,170,752. Corporate insiders own 0.74% of the company’s stock.

Shares of Aecom (NYSE:ACM) traded up $0.14 during trading on Wednesday, reaching $35.04. The company had a trading volume of 749,244 shares, compared to its average volume of 908,923. The firm has a market cap of $5,580.00, a P/E ratio of 13.85, a PEG ratio of 1.86 and a beta of 1.70. Aecom has a twelve month low of $30.15 and a twelve month high of $39.90. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.21 and a quick ratio of 1.21.

Aecom (NYSE:ACM) last issued its quarterly earnings data on Tuesday, February 6th. The construction company reported $0.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.02. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.71 billion. Aecom had a return on equity of 11.74% and a net margin of 2.15%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS. equities research analysts predict that Aecom will post 2.68 EPS for the current fiscal year.

ACM has been the topic of a number of research analyst reports. Credit Suisse Group restated a “neutral” rating on shares of Aecom in a research report on Tuesday, November 14th. DA Davidson upped their price objective on Aecom to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Zacks Investment Research downgraded Aecom from a “hold” rating to a “sell” rating in a report on Thursday, February 1st. Robert W. Baird raised Aecom from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $40.00 to $45.00 in a report on Wednesday, January 3rd. Finally, Citigroup increased their price target on Aecom from $44.00 to $47.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Aecom presently has an average rating of “Hold” and a consensus target price of $36.40.

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Aecom Profile

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.

Institutional Ownership by Quarter for Aecom (NYSE:ACM)

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