Arcosa, Inc. (NYSE:ACA) Shares Acquired by Barclays PLC

Barclays PLC raised its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 330.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,782 shares of the company's stock after purchasing an additional 62,804 shares during the period. Barclays PLC owned 0.17% of Arcosa worth $7,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. nVerses Capital LLC purchased a new position in shares of Arcosa during the 2nd quarter worth about $25,000. Point72 DIFC Ltd purchased a new position in shares of Arcosa during the third quarter valued at approximately $37,000. Innealta Capital LLC bought a new position in shares of Arcosa during the second quarter valued at approximately $69,000. KBC Group NV raised its holdings in shares of Arcosa by 20.5% in 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. Finally, First Trust Direct Indexing L.P. bought a new stake in shares of Arcosa during the 3rd quarter worth approximately $206,000. 90.66% of the stock is owned by institutional investors.

Arcosa Trading Down 1.7 %

ACA stock traded down $1.69 during mid-day trading on Thursday, reaching $99.08. The company had a trading volume of 394,946 shares, compared to its average volume of 241,467. The company has a market capitalization of $4.83 billion, a PE ratio of 37.67 and a beta of 0.74. The firm has a 50 day moving average of $102.07 and a 200 day moving average of $92.29. Arcosa, Inc. has a 12 month low of $72.75 and a 12 month high of $113.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77.

Arcosa (NYSE:ACA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.13. The firm had revenue of $640.40 million during the quarter, compared to analyst estimates of $682.52 million. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. Arcosa's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 earnings per share. On average, equities analysts predict that Arcosa, Inc. will post 3.37 earnings per share for the current fiscal year.

Arcosa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.05 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.20%. Arcosa's dividend payout ratio is currently 7.60%.

Wall Street Analyst Weigh In

Separately, Barclays assumed coverage on Arcosa in a research report on Tuesday, October 29th. They issued an "overweight" rating and a $106.00 price objective on the stock.

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.