Capital International Investors Raises Stock Holdings in Arcosa, Inc. (NYSE:ACA)

Capital International Investors raised its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 42.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 888,559 shares of the company's stock after buying an additional 265,056 shares during the quarter. Capital International Investors owned 1.82% of Arcosa worth $85,959,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Barclays PLC lifted its position in shares of Arcosa by 330.9% during the 3rd quarter. Barclays PLC now owns 81,782 shares of the company's stock worth $7,750,000 after buying an additional 62,804 shares during the period. Franklin Resources Inc. lifted its position in Arcosa by 6.5% during the 3rd quarter. Franklin Resources Inc. now owns 778,246 shares of the company's stock valued at $74,214,000 after purchasing an additional 47,474 shares during the period. GAMMA Investing LLC grew its holdings in Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after acquiring an additional 148 shares during the period. Harbor Capital Advisors Inc. lifted its stake in Arcosa by 0.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 196,766 shares of the company's stock valued at $19,035,000 after buying an additional 1,408 shares during the period. Finally, Sheets Smith Wealth Management acquired a new position in Arcosa during the fourth quarter valued at approximately $536,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Arcosa Price Performance

ACA stock traded up $1.60 during mid-day trading on Tuesday, hitting $76.59. The stock had a trading volume of 259,830 shares, compared to its average volume of 268,059. Arcosa, Inc. has a 52 week low of $68.11 and a 52 week high of $113.43. The firm has a market capitalization of $3.74 billion, a P/E ratio of 29.12 and a beta of 0.85. 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 firm has a fifty day simple moving average of $82.06 and a 200 day simple moving average of $94.00.

Arcosa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Tuesday, April 15th. Arcosa's payout ratio is 10.47%.

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.