Aecom (NYSE:ACM) Director Rob J. Routs sold 6,468 shares of the company’s stock in a transaction that occurred on Wednesday, December 26th. The stock was sold at an average price of $37.12, for a total transaction of $240,092.16. Following the transaction, the director now owns 18,904 shares of the company’s stock, valued at $701,716.48. The transaction was disclosed in a filing with the SEC, which is available through this link.

Aecom (NYSE ACM) opened at $38.61 on Thursday. The stock has a market cap of $5,945.59, a P/E ratio of 18.04, a P/E/G ratio of 2.03 and a beta of 1.73. Aecom has a 12-month low of $30.15 and a 12-month high of $39.50. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.88.

Aecom (NYSE:ACM) last announced its quarterly earnings results on Monday, November 13th. The construction company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.03. Aecom had a net margin of 1.86% and a return on equity of 12.12%. The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.63 billion. During the same period in the prior year, the company posted $0.65 EPS. The company’s revenue was up 12.3% on a year-over-year basis. analysts anticipate that Aecom will post 2.66 earnings per share for the current year.

Aecom declared that its Board of Directors has initiated a stock buyback plan on Thursday, September 21st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the construction company to purchase up to 18.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Crow Point Partners LLC acquired a new position in Aecom in the 3rd quarter valued at approximately $102,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Aecom by 12.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,359 shares of the construction company’s stock valued at $173,000 after acquiring an additional 576 shares during the period. CIBC Asset Management Inc acquired a new position in Aecom in the 3rd quarter valued at approximately $204,000. GAM Holding AG acquired a new position in Aecom in the 2nd quarter valued at approximately $194,000. Finally, ING Groep NV acquired a new position in Aecom in the 3rd quarter valued at approximately $224,000. Hedge funds and other institutional investors own 82.36% of the company’s stock.

A number of research firms recently issued reports on ACM. Robert W. Baird upgraded shares of 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 research report on Wednesday. Barclays began coverage on shares of Aecom in a research report on Tuesday, December 12th. They set an “underweight” rating and a $34.00 price objective for the company. Argus upped their price objective on shares of Aecom from $37.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, November 27th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Aecom from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $36.00 price objective on shares of Aecom in a research report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $32.00.

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Aecom Company 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.

Insider Buying and Selling by Quarter for Aecom (NYSE:ACM)

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