Poplar Forest Capital LLC Lowered Holding in Aecom (ACM) by $33.09 Million

October 13, 2018 - By Louis Casey

AECOM (NYSE:ACM) LogoInvestors sentiment decreased to 1.04 in 2018 Q2. Its down 0.07, from 1.11 in 2018Q1. It worsened, as 32 investors sold ACM shares while 82 reduced holdings. 31 funds opened positions while 88 raised stakes. 133.32 million shares or 0.47% less from 133.96 million shares in 2018Q1 were reported. Connecticut-based Mark Sheptoff Fincl Planning Ltd Co has invested 0.01% in AECOM (NYSE:ACM). New Mexico Educational Retirement Board, New Mexico-based fund reported 37,613 shares. Moreover, Barclays Public Limited Company has 0% invested in AECOM (NYSE:ACM) for 15,524 shares. Webster Bancorp N A stated it has 2,589 shares. Dupont Corporation stated it has 0.06% in AECOM (NYSE:ACM). State Board Of Administration Of Florida Retirement Systems accumulated 226,241 shares. Morgan Dempsey Capital Mgmt Ltd Co holds 0.01% or 928 shares in its portfolio. S&T Bank Pa, a Pennsylvania-based fund reported 338,892 shares. Bankshares Of New York Mellon Corp reported 0.02% of its portfolio in AECOM (NYSE:ACM). Moreover, Peak6 Invs LP has 0% invested in AECOM (NYSE:ACM). Commonwealth Of Pennsylvania School Empls Retrmt has 0.02% invested in AECOM (NYSE:ACM) for 43,276 shares. Raymond James Advsrs has 9,103 shares for 0% of their portfolio. Tudor Inv Corp Et Al holds 0.01% or 7,578 shares in its portfolio. California Employees Retirement Sys invested in 443,257 shares or 0.02% of the stock. First Trust Advisors Ltd Partnership reported 877,902 shares stake.

Since June 1, 2018, it had 0 insider purchases, and 3 selling transactions for $743,038 activity. Poloni Lara sold $52,211 worth of stock or 1,607 shares. 19,700 shares were sold by Chiao Chuan-Sheng, worth $657,827 on Friday, June 1.

Poplar Forest Capital Llc decreased its stake in Aecom (ACM) by 74.07% based on its latest 2018Q2 regulatory filing with the SEC. Poplar Forest Capital Llc sold 1.00M shares as the company’s stock declined 4.93% while stock markets rallied. The institutional investor held 350,938 shares of the military and government and technical company at the end of 2018Q2, valued at $11.59M, down from 1.35M at the end of the previous reported quarter. Poplar Forest Capital Llc who had been investing in Aecom for a number of months, seems to be less bullish one the $4.94B market cap company. The stock decreased 0.13% or $0.04 during the last trading session, reaching $30.75. About 1.24 million shares traded or 66.35% up from the average. AECOM (NYSE:ACM) has declined 5.40% since October 13, 2017 and is downtrending. It has underperformed by 21.02% the S&P500.

Poplar Forest Capital Llc, which manages about $919.26 million and $1.19B US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 514,066 shares to 840,885 shares, valued at $47.19 million in 2018Q2, according to the filing. It also increased its holding in Newell Brands Inc (NYSE:NWL) by 151,987 shares in the quarter, for a total of 1.54M shares, and has risen its stake in American Intl Group Inc (NYSE:AIG).

Analysts await AECOM (NYSE:ACM) to report earnings on November, 12. They expect $0.82 earnings per share, up 10.81 % or $0.08 from last year’s $0.74 per share. ACM’s profit will be $131.84M for 9.38 P/E if the $0.82 EPS becomes a reality. After $0.62 actual earnings per share reported by AECOM for the previous quarter, Wall Street now forecasts 32.26 % EPS growth.

AECOM (NYSE:ACM) Ratings Coverage

Among 3 analysts covering AECOM (NYSE:ACM), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. AECOM had 4 analyst reports since July 23, 2018 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Wednesday, August 8. Credit Suisse maintained AECOM (NYSE:ACM) on Wednesday, August 8 with “Neutral” rating. The rating was downgraded by Argus Research on Wednesday, August 15 to “Hold”. On Monday, July 23 the stock rating was maintained by Citigroup with “Buy”.

AECOM (NYSE:ACM) Ratings Chart

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