Arcosa, Inc. (NYSE:ACA) Holdings Decreased by Moody National Bank Trust Division

Moody National Bank Trust Division trimmed its holdings in shares of Arcosa, Inc. (NYSE:ACAFree Report) by 6.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,248 shares of the company’s stock after selling 828 shares during the period. Moody National Bank Trust Division’s holdings in Arcosa were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its position in shares of Arcosa by 152.2% in the third quarter. Harbor Capital Advisors Inc. now owns 195,358 shares of the company’s stock worth $18,512,000 after purchasing an additional 117,892 shares in the last quarter. Algert Global LLC purchased a new stake in Arcosa in the 2nd quarter worth approximately $8,915,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Arcosa during the 3rd quarter valued at $8,327,000. HighTower Advisors LLC boosted its stake in shares of Arcosa by 969.5% during the 3rd quarter. HighTower Advisors LLC now owns 72,632 shares of the company’s stock valued at $6,812,000 after buying an additional 65,841 shares during the period. Finally, Point72 Asset Management L.P. grew its holdings in shares of Arcosa by 236.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 92,512 shares of the company’s stock valued at $8,766,000 after acquiring an additional 65,041 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Arcosa Stock Performance

ACA stock opened at $93.10 on Tuesday. The firm has a 50 day moving average of $103.10 and a two-hundred day moving average of $93.92. Arcosa, Inc. has a 12 month low of $72.75 and a 12 month high of $113.43. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 35.40 and a beta of 0.76. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51.

Arcosa (NYSE:ACAGet Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.78 by $0.13. Arcosa had a net margin of 5.17% and a return on equity of 6.64%. The firm had revenue of $640.40 million for the quarter, compared to the consensus estimate of $682.52 million. During the same period in the prior year, the business posted $0.73 earnings per share. The business’s quarterly revenue was up 8.2% on a year-over-year basis. As a group, equities analysts anticipate that Arcosa, Inc. will post 3.37 EPS for the current fiscal year.

Arcosa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.21%. Arcosa’s payout ratio is presently 7.60%.

Analyst Ratings Changes

Separately, Barclays initiated coverage on Arcosa in a research report on Tuesday, October 29th. They set an “overweight” rating and a $106.00 price objective for the company.

Read Our Latest Analysis on Arcosa

About Arcosa

(Free Report)

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.

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Institutional Ownership by Quarter for Arcosa (NYSE:ACA)

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