Genesee Valley Trust Co Lowers stake in Aecom (ACM)

Aecom (ACM) : Genesee Valley Trust Co reduced its stake in Aecom by 8.44% during the most recent quarter end. The investment management company now holds a total of 28,459 shares of Aecom which is valued at $1,029,362 after selling 2,623 shares in Aecom , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Aecom makes up approximately 0.67% of Genesee Valley Trust Co’s portfolio.

Other Hedge Funds, Including , American Century Companies Inc added ACM to its portfolio by purchasing 13,814 company shares during the most recent quarter which is valued at $499,652.Ferguson Wellman Capital Management Inc reduced its stake in ACM by selling 3,225 shares or 0.81% in the most recent quarter. The Hedge Fund company now holds 394,366 shares of ACM which is valued at $13,637,176. Aecom makes up approx 0.56% of Ferguson Wellman Capital Management Inc’s portfolio.

Aecom closed down -0.45 points or -1.25% at $35.49 with 13,93,744 shares getting traded on Friday. Post opening the session at $35.9, the shares hit an intraday low of $35.32 and an intraday high of $35.925 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Aecom reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.73. The company had revenue of $4381.00 million for the quarter, compared to analysts expectations of $4559.85 million. The company’s revenue was down -2.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.

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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