Arcosa, Inc. (NYSE:ACA) Shares Bought by TCW Group Inc.

TCW Group Inc. lifted its stake in shares of Arcosa, Inc. (NYSE:ACA) by 11.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,673 shares of the company’s stock after purchasing an additional 4,539 shares during the quarter. TCW Group Inc. owned about 0.09% of Arcosa worth $4,418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in ACA. GAMMA Investing LLC grew its stake in Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock worth $32,000 after buying an additional 148 shares during the last quarter. Point72 DIFC Ltd acquired a new position in shares of Arcosa during the third quarter valued at $37,000. Blue Trust Inc. grew its position in shares of Arcosa by 16.4% during the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock worth $118,000 after acquiring an additional 175 shares during the last quarter. KBC Group NV increased its holdings in shares of Arcosa by 20.5% in the 3rd quarter. KBC Group NV now owns 1,424 shares of the company’s stock worth $135,000 after acquiring an additional 242 shares during the period. Finally, Venturi Wealth Management LLC acquired a new stake in shares of Arcosa in the 4th quarter worth about $161,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ACA shares. Barclays initiated coverage on shares of Arcosa in a research note on Tuesday, October 29th. They set an “overweight” rating and a $106.00 target price for the company. Oppenheimer boosted their price objective on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th.

Arcosa Stock Performance

ACA stock opened at $92.79 on Monday. The company has a market capitalization of $4.53 billion, a P/E ratio of 35.28 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. The company has a 50-day simple moving average of $99.07 and a 200 day simple moving average of $96.83. Arcosa, Inc. has a fifty-two week low of $72.75 and a fifty-two week high of $113.43.

Arcosa Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend was Wednesday, January 15th. Arcosa’s dividend payout ratio (DPR) is presently 7.60%.

About Arcosa

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.