Boston Partners Has $16.49 Million Stake in Arcosa, Inc. (NYSE:ACA)

Boston Partners trimmed its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 43.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 170,387 shares of the company's stock after selling 130,727 shares during the period. Boston Partners owned 0.35% of Arcosa worth $16,487,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ACA. KBC Group NV lifted its holdings in Arcosa by 20.5% during the 3rd quarter. KBC Group NV now owns 1,424 shares of the company's stock valued at $135,000 after purchasing an additional 242 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Arcosa by 8.2% in the third quarter. Natixis Advisors LLC now owns 39,692 shares of the company's stock valued at $3,761,000 after purchasing an additional 3,013 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Arcosa by 10.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 72,387 shares of the company's stock worth $6,859,000 after buying an additional 6,992 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Arcosa by 5.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 38,445 shares of the company's stock worth $3,643,000 after buying an additional 1,944 shares during the period. Finally, Intech Investment Management LLC grew its stake in Arcosa by 116.2% in the 3rd quarter. Intech Investment Management LLC now owns 10,620 shares of the company's stock valued at $1,006,000 after buying an additional 5,707 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

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

Arcosa Stock Performance

NYSE ACA traded up $0.39 during trading on Tuesday, reaching $82.24. The company's stock had a trading volume of 423,684 shares, compared to its average volume of 244,457. The firm has a 50 day moving average price of $92.64 and a 200 day moving average price of $96.28. Arcosa, Inc. has a 12 month low of $72.75 and a 12 month high of $113.43. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 31.27 and a beta of 0.81. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend is Tuesday, April 15th. Arcosa's dividend payout ratio is currently 10.47%.

Arcosa 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.