Arcosa, Inc. (NYSE:ACA) Insider Sells $744,422.40 in Stock

Arcosa, Inc. (NYSE:ACA - Get Free Report) insider Jesse E. Jr. Collins sold 8,616 shares of Arcosa stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $86.40, for a total transaction of $744,422.40. Following the transaction, the insider now directly owns 12,551 shares of the company's stock, valued at approximately $1,084,406.40. This trade represents a 40.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Arcosa Stock Up 1.4%

NYSE:ACA traded up $1.17 on Tuesday, reaching $86.73. 320,792 shares of the stock traded hands, compared to its average volume of 270,965. The company has a current ratio of 1.98, a quick ratio of 1.27 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 30.89 and a beta of 1.01. Arcosa, Inc. has a 12 month low of $68.11 and a 12 month high of $113.43. The company's fifty day simple moving average is $83.90 and its 200 day simple moving average is $90.18.

Arcosa (NYSE:ACA - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.29 by $0.20. The company had revenue of $632.00 million during the quarter, compared to the consensus estimate of $613.95 million. Arcosa had a return on equity of 5.59% and a net margin of 3.00%. Arcosa's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. Equities analysts predict that Arcosa, Inc. will post 3.23 EPS for the current fiscal year.

Arcosa Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend is Tuesday, July 15th. Arcosa's payout ratio is currently 12.58%.

Institutional Trading of Arcosa

Several large investors have recently added to or reduced their stakes in ACA. Xponance Inc. raised its holdings in Arcosa by 4.3% in the 1st quarter. Xponance Inc. now owns 3,654 shares of the company's stock worth $282,000 after purchasing an additional 149 shares during the period. Arizona State Retirement System increased its position in Arcosa by 1.2% in the fourth quarter. Arizona State Retirement System now owns 14,159 shares of the company's stock worth $1,370,000 after buying an additional 170 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Arcosa by 2.7% in the first quarter. PNC Financial Services Group Inc. now owns 7,257 shares of the company's stock worth $560,000 after buying an additional 189 shares during the period. Captrust Financial Advisors grew its stake in shares of Arcosa by 4.5% during the 4th quarter. Captrust Financial Advisors now owns 5,027 shares of the company's stock valued at $486,000 after acquiring an additional 218 shares during the period. Finally, Summit Investment Advisors Inc. lifted its holdings in Arcosa by 4.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock valued at $491,000 after purchasing an additional 235 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors.

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.

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