Greenhaven Associates Inc adds Aecom (ACM) to its portfolio

Aecom (ACM) : Greenhaven Associates Inc added new position in Aecom during the most recent quarter end. The investment management firm now holds 1,508,915 shares of Aecom which is valued at $52,978,006 , the company said in a statement filed on Aug 3, 2016 with the SEC.Aecom makes up approximately 0.99% of Greenhaven Associates Inc’s portfolio.

Other Hedge Funds, Including , Cadence Capital Management boosted its stake in ACM in the latest quarter, The investment management firm added 11,320 additional shares and now holds a total of 56,733 shares of Aecom which is valued at $1,991,896. Aecom makes up approx 0.15% of Cadence Capital Management’s portfolio.Wedge Capital Management L L Pnc reduced its stake in ACM by selling 32,612 shares or 2.24% in the most recent quarter. The Hedge Fund company now holds 1,420,882 shares of ACM which is valued at $50,427,102. Aecom makes up approx 0.55% of Wedge Capital Management L L Pnc’s portfolio.Advisory Services Network reduced its stake in ACM by selling 2 shares or 4.65% in the most recent quarter. The Hedge Fund company now holds 41 shares of ACM which is valued at $1,483.Louisiana State Employees Retirement System reduced its stake in ACM by selling 1,500 shares or 3.55% in the most recent quarter. The Hedge Fund company now holds 40,800 shares of ACM which is valued at $1,475,736. Aecom makes up approx 0.08% of Louisiana State Employees Retirement System’s portfolio.Pamplona Capital Management reduced its stake in ACM by selling 15,410 shares or 2.2% in the most recent quarter. The Hedge Fund company now holds 685,546 shares of ACM which is valued at $22,520,186. Aecom makes up approx 42.16% of Pamplona Capital Management’s portfolio.

Aecom closed down -0.37 points or -1.03% at $35.43 with 11,84,813 shares getting traded on Monday. Post opening the session at $35.9, the shares hit an intraday low of $35.41 and an intraday high of $36.02 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Aecom reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $0.70. The company had revenue of $4408.78 million for the quarter, compared to analysts expectations of $4543.83 million. The company’s revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.74 EPS.

Many Wall Street Analysts have commented on Aecom. Company shares were Resumed by DA Davidson on Aug 10, 2016 to “Neutral”, Firm has raised the Price Target to $ 38 from a previous price target of $33 .

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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