Russell Investments Group Ltd. Sells 89,444 Shares of Arcosa, Inc. (NYSE:ACA)

Russell Investments Group Ltd. decreased its position in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 33.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,813 shares of the company's stock after selling 89,444 shares during the period. Russell Investments Group Ltd. owned 0.37% of Arcosa worth $17,492,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ACA. Proficio Capital Partners LLC bought a new position in Arcosa during the fourth quarter valued at approximately $30,000. GAMMA Investing LLC increased its position in Arcosa by 80.9% during the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after buying an additional 148 shares during the last quarter. Flagship Wealth Advisors LLC bought a new position in shares of Arcosa in the 4th quarter valued at approximately $52,000. AlphaQuest LLC grew its position in shares of Arcosa by 12,050.0% in the fourth quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after purchasing an additional 723 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of Arcosa by 1,044.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock worth $92,000 after purchasing an additional 867 shares during the period. 90.66% of the stock is owned by institutional investors and hedge funds.

Arcosa Price Performance

Shares of ACA stock traded up $0.49 during trading hours on Tuesday, hitting $78.40. The company had a trading volume of 49,178 shares, compared to its average volume of 268,330. Arcosa, Inc. has a 12 month low of $68.11 and a 12 month high of $113.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.77 and a current ratio of 3.61. The firm's fifty day moving average is $85.03 and its 200 day moving average is $94.68. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 29.79 and a beta of 0.85.

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Arcosa Dividend Announcement

The firm also recently declared 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 is Tuesday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.26%. Arcosa's dividend payout ratio is 10.47%.

Analysts Set New Price Targets

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

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.