Blue Trust Inc. Boosts Holdings in Arcosa, Inc. (NYSE:ACA)

Blue Trust Inc. grew its position in Arcosa, Inc. (NYSE:ACA) by 16.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,240 shares of the company’s stock after acquiring an additional 175 shares during the quarter. Blue Trust Inc.’s holdings in Arcosa were worth $118,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its position in Arcosa by 80.9% in the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock worth $32,000 after purchasing an additional 148 shares during the period. Point72 DIFC Ltd bought a new position in shares of Arcosa during the third quarter valued at approximately $37,000. KBC Group NV raised its holdings in shares of Arcosa by 20.5% in the third quarter. KBC Group NV now owns 1,424 shares of the company’s stock worth $135,000 after buying an additional 242 shares during the period. First Trust Direct Indexing L.P. bought a new stake in shares of Arcosa during the 3rd quarter worth approximately $206,000. Finally, Sawgrass Asset Management LLC purchased a new position in Arcosa during the 3rd quarter valued at $215,000. Institutional investors own 90.66% of the company’s stock.

Analyst Upgrades and Downgrades

ACA has been the subject of several research analyst reports. Barclays started coverage on Arcosa in a research report on Tuesday, October 29th. They set an “overweight” rating and a $106.00 target price for the company. Oppenheimer lifted their price objective on shares of Arcosa from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th.

Arcosa Trading Up 0.7 %

NYSE ACA opened at $103.36 on Friday. Arcosa, Inc. has a one year low of $72.75 and a one year high of $113.43. The company’s 50-day simple moving average is $100.96 and its two-hundred day simple moving average is $95.73. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 39.30 and a beta of 0.76. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.77 and a current ratio of 3.61.

Arcosa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.19%. Arcosa’s payout ratio is 7.60%.

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.