Inceptionr LLC Invests $357,000 in Arcosa, Inc. (NYSE:ACA)

Inceptionr LLC acquired a new position in shares of Arcosa, Inc. (NYSE:ACA - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,694 shares of the company's stock, valued at approximately $357,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACA. Proficio Capital Partners LLC acquired a new stake in shares of Arcosa during the fourth quarter valued at about $30,000. GAMMA Investing LLC boosted its position in shares of Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after purchasing an additional 148 shares during the period. Point72 DIFC Ltd acquired a new stake in Arcosa in the 3rd quarter valued at approximately $37,000. Blue Trust Inc. raised its position in Arcosa by 16.4% in the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock valued at $118,000 after purchasing an additional 175 shares during the period. Finally, KBC Group NV boosted its position in shares of Arcosa by 20.5% during the third quarter. KBC Group NV now owns 1,424 shares of the company's stock worth $135,000 after buying an additional 242 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.

Arcosa Stock Down 1.7 %

ACA stock traded down $1.35 during midday trading on Wednesday, hitting $80.16. The company's stock had a trading volume of 224,949 shares, compared to its average volume of 289,723. The firm has a 50-day simple moving average of $95.34 and a 200-day simple moving average of $96.82. The firm has a market capitalization of $3.91 billion, a P/E ratio of 30.48 and a beta of 0.81. 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, Inc. has a 52-week low of $72.75 and a 52-week high of $113.43.

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Arcosa Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Oppenheimer boosted their price objective on Arcosa from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, January 14th.

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.