CNA Financial Corp continued to hold its stake in AECOM (NYSE:ACM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,202 shares of the construction company’s stock at the end of the 2nd quarter. CNA Financial Corp’s holdings in AECOM were worth $1,041,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ACM. Bank of Montreal Can grew its stake in AECOM by 12.2% during the first quarter. Bank of Montreal Can now owns 30,036 shares of the construction company’s stock worth $1,069,000 after buying an additional 3,255 shares in the last quarter. Wells Fargo & Company MN grew its stake in AECOM by 103.9% during the first quarter. Wells Fargo & Company MN now owns 313,090 shares of the construction company’s stock worth $11,143,000 after buying an additional 159,507 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in AECOM by 74.4% during the first quarter. Canada Pension Plan Investment Board now owns 27,200 shares of the construction company’s stock worth $968,000 after buying an additional 11,600 shares in the last quarter. Bank of New York Mellon Corp grew its stake in AECOM by 3.1% during the first quarter. Bank of New York Mellon Corp now owns 2,255,361 shares of the construction company’s stock worth $80,268,000 after buying an additional 68,734 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in AECOM by 8.0% during the first quarter. BNP Paribas Arbitrage SA now owns 80,694 shares of the construction company’s stock worth $2,872,000 after buying an additional 5,971 shares in the last quarter. Hedge funds and other institutional investors own 82.06% of the company’s stock.

AECOM (NYSE:ACM) traded down 0.631% during midday trading on Wednesday, hitting $33.855. 35,828 shares of the stock were exchanged. The company’s 50 day moving average is $32.03 and its 200 day moving average is $33.28. The company has a market capitalization of $5.31 billion, a P/E ratio of 20.732 and a beta of 1.70. AECOM has a 1-year low of $26.46 and a 1-year high of $40.72.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Tuesday, August 8th. The construction company reported $0.78 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.78. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.54 billion. AECOM had a net margin of 1.46% and a return on equity of 12.19%. AECOM’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.81 earnings per share. Analysts predict that AECOM will post $2.91 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “AECOM (ACM) Holdings Held by CNA Financial Corp” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/13/aecom-acm-holdings-held-by-cna-financial-corp.html.

A number of equities research analysts have issued reports on the stock. Robert W. Baird reiterated a “hold” rating and set a $36.00 price objective on shares of AECOM in a research note on Tuesday, September 5th. KeyCorp reiterated a “buy” rating and set a $40.00 price objective on shares of AECOM in a research note on Friday, August 25th. Citigroup Inc. set a $40.00 price objective on shares of AECOM and gave the stock a “buy” rating in a research note on Thursday, August 17th. Zacks Investment Research downgraded shares of AECOM from a “hold” rating to a “strong sell” rating in a research note on Friday, August 11th. Finally, Credit Suisse Group reiterated a “hold” rating and set a $37.00 price objective on shares of AECOM in a research note on Thursday, August 10th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $38.45.

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.

Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM).

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

Receive News & Stock Ratings for AECOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AECOM and related stocks with our FREE daily email newsletter.