4D Advisors LLC Buys New Position in Arcosa, Inc. (NYSE:ACA)

4D Advisors LLC purchased a new position in Arcosa, Inc. (NYSE:ACA - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 25,000 shares of the company's stock, valued at approximately $2,418,000. Arcosa makes up 1.7% of 4D Advisors LLC's portfolio, making the stock its 28th biggest holding. 4D Advisors LLC owned about 0.05% of Arcosa as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of Arcosa by 330.9% during the 3rd quarter. Barclays PLC now owns 81,782 shares of the company's stock worth $7,750,000 after acquiring an additional 62,804 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Arcosa by 6.5% during the third quarter. Franklin Resources Inc. now owns 778,246 shares of the company's stock valued at $74,214,000 after purchasing an additional 47,474 shares during the last quarter. GAMMA Investing LLC increased its stake 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 in the last quarter. Harbor Capital Advisors Inc. increased its stake in Arcosa by 0.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 196,766 shares of the company's stock worth $19,035,000 after purchasing an additional 1,408 shares in the last quarter. Finally, Sheets Smith Wealth Management purchased a new stake in Arcosa during the fourth quarter valued at about $536,000. 90.66% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Arcosa Stock Up 2.7 %

Shares of Arcosa stock opened at $82.21 on Friday. Arcosa, Inc. has a 1 year low of $68.11 and a 1 year high of $113.43. The company has a market cap of $4.01 billion, a P/E ratio of 31.26 and a beta of 0.85. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average price of $79.68 and a 200 day moving average price of $93.34.

Arcosa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.24%. The ex-dividend date was Tuesday, April 15th. Arcosa's dividend payout ratio is currently 10.47%.

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.

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