First Trust Advisors LP Boosts Holdings in Arcosa, Inc. (NYSE:ACA)

First Trust Advisors LP increased its position in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 32.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 592,394 shares of the company's stock after buying an additional 146,711 shares during the period. First Trust Advisors LP owned 1.21% of Arcosa worth $57,308,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in shares of Arcosa in the 4th quarter valued at about $30,000. GAMMA Investing LLC raised its stake in shares of Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after buying an additional 148 shares during the period. Flagship Wealth Advisors LLC purchased a new position in shares of Arcosa during the 4th quarter valued at approximately $52,000. AlphaQuest LLC grew its stake in Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after acquiring an additional 723 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in Arcosa by 1,044.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock valued at $92,000 after acquiring an additional 867 shares during the period. Institutional investors and hedge funds own 90.66% of the company's stock.

Analyst Upgrades and Downgrades

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

Arcosa Price Performance

ACA stock traded down $0.37 during midday trading on Friday, reaching $80.13. The stock had a trading volume of 184,860 shares, compared to its average volume of 266,787. Arcosa, Inc. has a 52-week low of $68.11 and a 52-week high of $113.43. 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 company's fifty day simple moving average is $80.84 and its 200 day simple moving average is $93.72. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 30.47 and a beta of 0.85.

Arcosa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.05 per share. 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 is currently 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.