Selz Capital buys $5,164,600 stake in Aecom (ACM)

Aecom (ACM) : Selz Capital scooped up 70,000 additional shares in Aecom during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 14, 2016. The investment management firm now holds a total of 170,000 shares of Aecom which is valued at $5,164,600.Aecom makes up approximately 1.55% of Selz Capital’s portfolio.

Aecom opened for trading at $30.08 and hit $30.7026 on the upside on Monday, eventually ending the session at $30.54, with a gain of 0.53% or 0.16 points. The heightened volatility saw the trading volume jump to 3,12,835 shares. Company has a market cap of $4,661 M.

Other Hedge Funds, Including , Oregon Public Employees Retirement Fund boosted its stake in ACM in the latest quarter, The investment management firm added 1,259 additional shares and now holds a total of 65,218 shares of Aecom which is valued at $1,981,323. Aecom makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio. First United Bank Trust sold out all of its stake in ACM during the most recent quarter. The investment firm sold 14,912 shares of ACM which is valued $453,027.Capstone Asset Management Co reduced its stake in ACM by selling 340 shares or 2.11% in the most recent quarter. The Hedge Fund company now holds 15,803 shares of ACM which is valued at $480,095. Aecom makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Creative Planning reduced its stake in ACM by selling 125 shares or 51.44% in the most recent quarter. The Hedge Fund company now holds 118 shares of ACM which is valued at $3,513.

On the company’s financial health, Aecom reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $0.63. The company had revenue of $4298.00 million for the quarter, compared to analysts expectations of $4346.44 million. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Many Wall Street Analysts have commented on Aecom. Canaccord Genuity Initiated Aecom on Apr 12, 2016 to “Hold”, Price Target of the shares are set at $31.Deutsche Bank Initiated Aecom on Apr 7, 2016 to “Buy”, Price Target of the shares are set at $41.Aecom was Downgraded by BB&T Capital Mkts to ” Hold” on Mar 21, 2016.

AECOM formerly AECOM Technology Corporation designs builds finances and operates infrastructure assets for governments businesses and organizations around the world. The Company provides program and facilities management and maintenance training logistics consulting technical assistance and systems integration and information technology (IT) services. The Company operates through three segments: Design and Consulting Services (DCS) Construction Services (CS) and Management Services (MS). The DCS segment provides planning consulting architectural and engineering design and program and construction management services to commercial and government clients across the world. Its CS segment provides construction program and construction management services including building construction and energy infrastructure and industrial construction primarily in the Americas. The Company through its MS segment is a contractor to the United States Federal Government.

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