Mutual of America Capital Management LLC Has $7.10 Million Holdings in Arcosa, Inc. (NYSE:ACA)

Mutual of America Capital Management LLC cut its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 12.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,364 shares of the company's stock after selling 10,888 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.15% of Arcosa worth $7,097,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of Arcosa during the 4th quarter valued at $30,000. GAMMA Investing LLC raised its position in Arcosa by 80.9% in the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company's stock valued at $32,000 after purchasing an additional 148 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Arcosa during the third quarter valued at about $37,000. Blue Trust Inc. grew its holdings 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 purchasing an additional 175 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Arcosa by 20.5% during the third quarter. KBC Group NV now owns 1,424 shares of the company's stock worth $135,000 after purchasing an additional 242 shares during the last quarter. Institutional investors own 90.66% of the company's stock.

Analysts Set New Price Targets

Separately, Oppenheimer lifted 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.

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Arcosa Trading Down 1.8 %

NYSE:ACA traded down $1.48 during trading hours on Thursday, hitting $80.86. 211,023 shares of the company were exchanged, compared to its average volume of 275,069. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 30.74 and a beta of 0.81. Arcosa, Inc. has a one year low of $72.75 and a one year high of $113.43. The company has a fifty day simple moving average of $96.77 and a 200 day simple moving average of $96.96. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date 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.