River Global Investors LLP Sells 37,227 Shares of Arcosa, Inc. (NYSE:ACA)

River Global Investors LLP lowered its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 46.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,001 shares of the company's stock after selling 37,227 shares during the quarter. Arcosa makes up approximately 0.8% of River Global Investors LLP's portfolio, making the stock its 26th largest holding. River Global Investors LLP owned about 0.09% of Arcosa worth $4,163,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Arcosa during the 4th quarter valued at approximately $15,919,000. Jacobs Levy Equity Management Inc. purchased a new position in Arcosa in the third quarter valued at approximately $8,327,000. HighTower Advisors LLC grew its holdings in Arcosa by 969.5% during the third quarter. HighTower Advisors LLC now owns 72,632 shares of the company's stock valued at $6,812,000 after purchasing an additional 65,841 shares during the period. Point72 Asset Management L.P. increased its position in Arcosa by 236.8% in the third quarter. Point72 Asset Management L.P. now owns 92,512 shares of the company's stock worth $8,766,000 after buying an additional 65,041 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Arcosa by 330.9% in the third quarter. Barclays PLC now owns 81,782 shares of the company's stock valued at $7,750,000 after buying an additional 62,804 shares during the period. Hedge funds and other institutional investors own 90.66% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Oppenheimer increased their price target on Arcosa from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 14th.

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Arcosa Stock Performance

Shares of ACA stock traded down $1.35 during trading on Wednesday, reaching $80.16. 331,675 shares of the company's stock traded hands, compared to its average volume of 292,769. The firm's 50-day moving average is $95.34 and its 200 day moving average is $96.82. The company has a market capitalization of $3.91 billion, a P/E ratio of 30.48 and a beta of 0.81. Arcosa, Inc. has a 1 year low of $72.75 and a 1 year 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.

Arcosa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.25%. 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.