Arcosa, Inc. (NYSE:ACA) Shares Sold by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC reduced its position in Arcosa, Inc. (NYSE:ACA - Free Report) by 57.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 170,245 shares of the company's stock after selling 228,181 shares during the quarter. Cramer Rosenthal Mcglynn LLC owned about 0.35% of Arcosa worth $16,470,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ACA. GAMMA Investing LLC boosted its position in shares of Arcosa by 80.9% in the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after purchasing an additional 148 shares in the last quarter. Arizona State Retirement System boosted its holdings in Arcosa by 1.2% in the fourth quarter. Arizona State Retirement System now owns 14,159 shares of the company's stock worth $1,370,000 after acquiring an additional 170 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Arcosa by 16.4% during the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock worth $118,000 after acquiring an additional 175 shares during the last quarter. Summit Investment Advisors Inc. increased its holdings in shares of Arcosa by 4.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock valued at $491,000 after acquiring an additional 235 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Arcosa by 0.4% in the 4th quarter. HighTower Advisors LLC now owns 72,916 shares of the company's stock valued at $7,054,000 after purchasing an additional 284 shares during the last quarter. 90.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Oppenheimer boosted their target price 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

Shares of Arcosa stock traded up $2.24 on Wednesday, reaching $78.97. 128,823 shares of the stock were exchanged, compared to its average volume of 267,530. The business has a 50 day moving average price of $82.06 and a two-hundred day moving average price of $94.00. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 30.03 and a beta of 0.85. Arcosa, Inc. has a twelve month low of $68.11 and a twelve month high of $113.43. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Tuesday, April 15th. Arcosa's dividend payout ratio (DPR) is currently 10.47%.

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.