What’s Aecom (NYSE:ACM) Upside After This Short Interest Decrease?

April 17, 2018 - By Henry Gaston


Investors sentiment decreased to 1.27 in 2017 Q4. Its down 0.22, from 1.49 in 2017Q3. It worsened, as 30 investors sold AECOM shares while 77 reduced holdings. 40 funds opened positions while 96 raised stakes. 131.76 million shares or 3.35% more from 127.49 million shares in 2017Q3 were reported.
Moreover, Liberty Mutual Asset Mngmt has 0.04% invested in AECOM (NYSE:ACM). The North Carolina-based Verity Asset has invested 0.34% in AECOM (NYSE:ACM). Crestpoint Cap Limited Liability Corporation accumulated 10,700 shares. Maryland-based First United Bank Trust has invested 0.15% in AECOM (NYSE:ACM). Cna holds 0.29% or 32,202 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 8,130 shares. Employees Retirement Sys Of Texas holds 0.07% or 145,000 shares. Perigon Wealth Mgmt Ltd Liability Corporation, a California-based fund reported 104,455 shares. Asset Management One Company Limited holds 0.02% of its portfolio in AECOM (NYSE:ACM) for 243,752 shares. San Francisco Sentry Invest Grp Inc (Ca) stated it has 0.08% of its portfolio in AECOM (NYSE:ACM). 100 were reported by Focused Wealth Inc. Royal Comml Bank Of Canada reported 0% in AECOM (NYSE:ACM). Invest House Ltd Liability Corp holds 31,840 shares or 0.14% of its portfolio. Lord Abbett And Co Ltd Liability has invested 0.2% in AECOM (NYSE:ACM). Capital Investors has 1.00M shares.

Since December 12, 2017, it had 0 buys, and 8 sales for $3.91 million activity. On Friday, December 15 the insider Tishman Daniel R. sold $573,900. 12,935 shares were sold by McQuade Daniel P, worth $478,595. 5,160 AECOM (NYSE:ACM) shares with value of $196,648 were sold by GRIEGO LINDA M. Shares for $166,808 were sold by FORDYCE JAMES H. Poloni Lara sold $182,639 worth of stock.

The stock of Aecom (NYSE:ACM) registered a decrease of 1.01% in short interest. ACM’s total short interest was 6.85M shares in April as published by FINRA. Its down 1.01% from 6.92M shares, reported previously. With 827,000 shares average volume, it will take short sellers 8 days to cover their ACM’s short positions. The short interest to Aecom’s float is 4.37%.

The stock increased 0.89% or $0.32 during the last trading session, reaching $36.34. About 308,688 shares traded. AECOM (NYSE:ACM) has risen 2.60% since April 17, 2017 and is uptrending. It has underperformed by 8.95% the S&P500.

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company has market cap of $5.78 billion. The firm operates through three divisions: Design and Consulting Services , Construction Services (CS), and Management Services (MS). It has a 14.43 P/E ratio. The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.

AECOM (NYSE:ACM) Ratings Coverage

Among 10 analysts covering AECOM (NYSE:ACM), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. AECOM has $47 highest and $34.0 lowest target. $40.30’s average target is 10.90% above currents $36.34 stock price. AECOM had 13 analyst reports since October 27, 2017 according to SRatingsIntel. The stock has “Hold” rating by Canaccord Genuity on Monday, November 13. Robert W. Baird upgraded the shares of ACM in report on Wednesday, January 3 to “Outperform” rating. Barclays Capital initiated it with “Sell” rating and $34.0 target in Tuesday, December 12 report. The stock of AECOM (NYSE:ACM) earned “Buy” rating by KeyBanc Capital Markets on Monday, November 13. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, December 12 report. Citigroup maintained AECOM (NYSE:ACM) rating on Friday, October 27. Citigroup has “Buy” rating and $45 target. As per Tuesday, November 14, the company rating was maintained by Credit Suisse. The rating was maintained by UBS on Tuesday, November 14 with “Buy”. Robert W. Baird maintained it with “Hold” rating and $38.0 target in Friday, October 27 report. The stock of AECOM (NYSE:ACM) earned “Buy” rating by Citigroup on Tuesday, February 6.

AECOM (NYSE:ACM) Ratings Chart

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