Oberweis Asset Management Inc. Invests $19.64 Million in Arcosa, Inc. (NYSE:ACA)

Oberweis Asset Management Inc. bought a new stake in Arcosa, Inc. (NYSE:ACA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 203,000 shares of the company's stock, valued at approximately $19,638,000. Arcosa makes up approximately 0.9% of Oberweis Asset Management Inc.'s holdings, making the stock its 29th biggest holding. Oberweis Asset Management Inc. owned approximately 0.42% of Arcosa at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its stake in Arcosa by 80.9% in the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company's stock valued at $32,000 after acquiring an additional 148 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Arcosa by 1.2% in the 4th quarter. Arizona State Retirement System now owns 14,159 shares of the company's stock valued at $1,370,000 after purchasing an additional 170 shares during the period. Blue Trust Inc. boosted its position in shares of Arcosa by 16.4% in the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock worth $118,000 after purchasing an additional 175 shares during the last quarter. Summit Investment Advisors Inc. boosted its position in shares of Arcosa by 4.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock worth $491,000 after purchasing an additional 235 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Arcosa by 0.4% during the fourth quarter. HighTower Advisors LLC now owns 72,916 shares of the company's stock worth $7,054,000 after purchasing an additional 284 shares during the period. 90.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Oppenheimer increased their target price on Arcosa from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, January 14th.

Arcosa Trading Down 0.2 %

Shares of ACA stock traded down $0.18 on Monday, hitting $80.06. The stock had a trading volume of 221,251 shares, compared to its average volume of 266,996. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. Arcosa, Inc. has a twelve month low of $68.11 and a twelve month high of $113.43. The company has a fifty day moving average price of $80.84 and a two-hundred day moving average price of $93.72. The firm has a market cap of $3.91 billion, a P/E ratio of 30.44 and a beta of 0.85.

Arcosa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%. Arcosa's payout ratio is 10.47%.

Arcosa Company Profile

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.