Aptus Capital Advisors LLC Acquires 16,546 Shares of Arcosa, Inc. (NYSE:ACA)

Aptus Capital Advisors LLC increased its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 22.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,522 shares of the company's stock after buying an additional 16,546 shares during the period. Aptus Capital Advisors LLC owned 0.19% of Arcosa worth $8,854,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Arcosa by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,666,144 shares of the company's stock valued at $548,143,000 after acquiring an additional 14,207 shares in the last quarter. Neuberger Berman Group LLC increased its position in shares of Arcosa by 21.6% in the fourth quarter. Neuberger Berman Group LLC now owns 3,016,597 shares of the company's stock worth $291,831,000 after purchasing an additional 536,349 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Arcosa by 3.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,702,718 shares of the company's stock valued at $164,721,000 after purchasing an additional 60,818 shares in the last quarter. Capital International Investors lifted its position in Arcosa by 42.5% during the fourth quarter. Capital International Investors now owns 888,559 shares of the company's stock worth $85,959,000 after purchasing an additional 265,056 shares during the period. Finally, Franklin Resources Inc. lifted its position in Arcosa by 6.5% during the third quarter. Franklin Resources Inc. now owns 778,246 shares of the company's stock worth $74,214,000 after purchasing an additional 47,474 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Arcosa Price Performance

Shares of Arcosa stock traded up $1.79 during trading on Tuesday, reaching $85.81. 507,768 shares of the company's stock were exchanged, compared to its average volume of 266,565. The firm's 50-day moving average price is $79.20 and its 200 day moving average price is $93.10. The company has a market cap of $4.19 billion, a P/E ratio of 32.63 and a beta of 1.00. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year 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.

Arcosa (NYSE:ACA - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.20. Arcosa had a net margin of 5.17% and a return on equity of 6.64%. During the same quarter in the previous year, the firm earned $0.73 EPS. The company's revenue was up 5.6% on a year-over-year basis. As a group, research analysts anticipate that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th were given a $0.05 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.23%. Arcosa's dividend payout ratio is presently 10.47%.

Arcosa Company 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.