Arcosa, Inc. (NYSE:ACA) Holdings Boosted by River Global Investors LLP

River Global Investors LLP boosted its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 11.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,228 shares of the company's stock after acquiring an additional 8,222 shares during the period. Arcosa comprises about 1.6% of River Global Investors LLP's investment portfolio, making the stock its 14th biggest holding. River Global Investors LLP owned about 0.16% of Arcosa worth $7,596,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. nVerses Capital LLC bought a new position in Arcosa in the second quarter worth about $25,000. Innealta Capital LLC bought a new position in Arcosa in the second quarter worth about $69,000. Covestor Ltd lifted its holdings in Arcosa by 38.8% in the first quarter. Covestor Ltd now owns 888 shares of the company's stock worth $77,000 after acquiring an additional 248 shares during the last quarter. First Trust Direct Indexing L.P. bought a new stake in shares of Arcosa during the third quarter valued at approximately $206,000. Finally, Bank & Trust Co bought a new stake in shares of Arcosa during the second quarter valued at approximately $196,000. Institutional investors own 90.66% of the company's stock.

Arcosa Price Performance

NYSE:ACA traded up $1.86 during midday trading on Friday, hitting $105.72. 284,990 shares of the stock were exchanged, compared to its average volume of 248,178. Arcosa, Inc. has a one year low of $67.43 and a one year high of $106.89. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 40.20 and a beta of 0.71. The business has a 50-day moving average price of $92.87 and a two-hundred day moving average price of $88.01. 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 (NYSE:ACA - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.78 by $0.13. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The firm had revenue of $640.40 million for the quarter, compared to analysts' expectations of $682.52 million. During the same quarter in the previous year, the company earned $0.73 earnings per share. The firm's quarterly revenue was up 8.2% compared to the same quarter last year. Sell-side analysts predict that Arcosa, Inc. will post 3.38 EPS for the current year.

Arcosa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 15th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, October 15th. This represents a $0.20 annualized dividend and a yield of 0.19%. Arcosa's payout ratio is 7.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Stephens raised Arcosa from an "equal weight" rating to an "overweight" rating and set a $96.00 price target on the stock in a report on Wednesday, August 7th. Oppenheimer lifted their price target on Arcosa from $100.00 to $105.00 and gave the company an "outperform" rating in a report on Monday, August 19th. Finally, Barclays assumed coverage on Arcosa in a report on Tuesday, October 29th. They set an "overweight" rating and a $106.00 price target on the stock.

Insider Buying and Selling

In other Arcosa news, insider Bryan Stevenson sold 4,000 shares of Arcosa stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $83.78, for a total value of $335,120.00. Following the transaction, the insider now owns 35,333 shares in the company, valued at approximately $2,960,198.74. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Arcosa news, insider Bryan Stevenson sold 4,000 shares of Arcosa stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $83.78, for a total value of $335,120.00. Following the transaction, the insider now owns 35,333 shares in the company, valued at approximately $2,960,198.74. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven J. Demetriou purchased 6,000 shares of the firm's stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of $87.70 per share, for a total transaction of $526,200.00. Following the transaction, the director now owns 9,943 shares of the company's stock, valued at $872,001.10. The trade was a 100.00 % increase in their position. The disclosure for this purchase can be found here. 1.30% of the stock is owned by corporate insiders.

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.