Natixis Advisors LLC Sells 13,823 Shares of Arcosa, Inc. (NYSE:ACA)

Natixis Advisors LLC cut its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 34.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,869 shares of the company's stock after selling 13,823 shares during the period. Natixis Advisors LLC owned approximately 0.05% of Arcosa worth $2,503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Proficio Capital Partners LLC acquired a new position in shares of Arcosa during the 4th quarter worth about $30,000. GAMMA Investing LLC boosted its stake 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 last quarter. Point72 DIFC Ltd bought a new stake in Arcosa in the third quarter valued at approximately $37,000. AlphaQuest LLC raised its holdings in Arcosa by 12,050.0% in the fourth quarter. AlphaQuest LLC now owns 729 shares of the company's stock worth $71,000 after purchasing an additional 723 shares during the period. Finally, Blue Trust Inc. raised its holdings in Arcosa by 16.4% in 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 period. Institutional investors own 90.66% of the company's stock.

Wall Street Analyst Weigh In

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

Remove Ads

Arcosa Stock Up 0.6 %

Shares of ACA traded up $0.52 on Thursday, hitting $81.88. The company's stock had a trading volume of 405,026 shares, compared to its average volume of 246,954. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 31.13 and a beta of 0.81. The firm's fifty day moving average price is $92.02 and its 200-day moving average price is $96.18. Arcosa, Inc. has a fifty-two week low of $72.75 and a fifty-two week high of $113.43.

Arcosa Announces Dividend

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 issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.24%. Arcosa's payout ratio is 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.