Arcosa, Inc. (NYSE:ACA) Holdings Decreased by Royce & Associates LP

Royce & Associates LP trimmed its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,367,774 shares of the company's stock after selling 61,136 shares during the period. Arcosa accounts for 1.2% of Royce & Associates LP's holdings, making the stock its 2nd biggest position. Royce & Associates LP owned about 2.80% of Arcosa worth $129,610,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ACA. The Manufacturers Life Insurance Company raised its position in Arcosa by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 553,157 shares of the company's stock valued at $46,139,000 after purchasing an additional 6,673 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Arcosa by 2.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 456,066 shares of the company's stock valued at $38,040,000 after acquiring an additional 9,602 shares during the period. Boston Partners raised its stake in Arcosa by 272.6% during the 1st quarter. Boston Partners now owns 220,961 shares of the company's stock valued at $18,947,000 after acquiring an additional 161,662 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in Arcosa by 152.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 195,358 shares of the company's stock worth $18,512,000 after buying an additional 117,892 shares during the last quarter. Finally, Thornburg Investment Management Inc. boosted its holdings in shares of Arcosa by 7.6% in the second quarter. Thornburg Investment Management Inc. now owns 166,128 shares of the company's stock valued at $13,850,000 after acquiring an additional 11,735 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Arcosa Trading Down 2.2 %

Shares of NYSE ACA traded down $2.28 during midday trading on Friday, hitting $101.39. The stock had a trading volume of 309,031 shares, compared to its average volume of 240,729. The company has a market capitalization of $4.95 billion, a price-to-earnings ratio of 39.42 and a beta of 0.71. 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 1-year low of $71.89 and a 1-year high of $107.79. The company has a fifty day moving average price of $94.30 and a 200 day moving average price of $88.61.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.13. The company had revenue of $640.40 million during the quarter, compared to analysts' expectations of $682.52 million. Arcosa had a net margin of 5.17% and a return on equity of 6.64%. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 EPS. On average, analysts predict that Arcosa, Inc. will post 3.38 earnings per share for the current year.

Arcosa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.20%. The ex-dividend date was Tuesday, October 15th. Arcosa's dividend payout ratio (DPR) is presently 7.60%.

Insider Buying and Selling

In other Arcosa news, Director Steven J. Demetriou purchased 6,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were bought at an average cost of $87.70 per share, with a total value of $526,200.00. Following the completion of the acquisition, the director now owns 9,943 shares of the company's stock, valued at approximately $872,001.10. This trade represents a 152.17 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ACA has been the topic of a number of recent analyst reports. Barclays began coverage on shares of Arcosa in a research note on Tuesday, October 29th. They set an "overweight" rating and a $106.00 price target on the stock. Oppenheimer boosted their price target on Arcosa from $100.00 to $105.00 and gave the company an "outperform" rating in a report on Monday, August 19th. Finally, Stephens upgraded shares of Arcosa from an "equal weight" rating to an "overweight" rating and set a $96.00 price objective on the stock in a report on Wednesday, August 7th.

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.