Amundi Boosts Stock Position in Arcosa, Inc. (NYSE:ACA)

Amundi grew its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 191.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,000 shares of the company's stock after acquiring an additional 16,412 shares during the quarter. Amundi owned about 0.05% of Arcosa worth $2,375,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Arcosa in the 4th quarter worth approximately $15,919,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Arcosa in the third quarter worth $8,327,000. HighTower Advisors LLC increased its position in Arcosa by 969.5% during the third quarter. HighTower Advisors LLC now owns 72,632 shares of the company's stock valued at $6,812,000 after acquiring an additional 65,841 shares during the last quarter. Point72 Asset Management L.P. lifted its stake in shares of Arcosa by 236.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 92,512 shares of the company's stock worth $8,766,000 after purchasing an additional 65,041 shares during the period. Finally, Barclays PLC raised its position in Arcosa by 330.9% in the third quarter. Barclays PLC now owns 81,782 shares of the company's stock worth $7,750,000 after acquiring an additional 62,804 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Arcosa Trading Down 1.9 %

Shares of Arcosa stock traded down $1.57 on Thursday, hitting $80.25. 247,879 shares of the company traded hands, compared to its average volume of 242,404. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. The stock's 50 day moving average price is $93.41 and its 200-day moving average price is $96.33. The company has a market cap of $3.91 billion, a PE ratio of 30.51 and a beta of 0.81. 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Tuesday, April 15th. Arcosa's dividend payout ratio (DPR) is presently 10.47%.

Wall Street Analysts Forecast Growth

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

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.