Barclays PLC Boosts Stake in Arcosa, Inc. (NYSE:ACA)

Barclays PLC boosted its holdings in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 5.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,929 shares of the company's stock after purchasing an additional 4,147 shares during the period. Barclays PLC owned 0.18% of Arcosa worth $8,313,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ACA. Proficio Capital Partners LLC acquired a new position in shares of Arcosa during the 4th quarter worth about $30,000. GAMMA Investing LLC increased its position in Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after buying an additional 148 shares during the period. Flagship Wealth Advisors LLC acquired a new stake in Arcosa in the 4th quarter worth about $52,000. AlphaQuest LLC raised its holdings in Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after acquiring an additional 723 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its stake in Arcosa by 1,044.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock worth $92,000 after buying an additional 867 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer upped their price objective 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 Down 0.4 %

ACA traded down $0.29 during midday trading on Tuesday, reaching $79.89. 20,148 shares of the company were exchanged, compared to its average volume of 266,030. The company's fifty day moving average price is $80.47 and its 200 day moving average price is $93.62. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 30.37 and a beta of 0.85. Arcosa, Inc. has a one year low of $68.11 and a one 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.25%. Arcosa's payout ratio is 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.