Arcosa, Inc. (NYSE:ACA) Position Trimmed by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL cut its stake in Arcosa, Inc. (NYSE:ACA - Free Report) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,037 shares of the company's stock after selling 20,434 shares during the period. Gamco Investors INC. ET AL owned 0.39% of Arcosa worth $18,481,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Arcosa by 80.9% in the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company's stock worth $32,000 after acquiring an additional 148 shares during the period. Arizona State Retirement System boosted its position in shares of Arcosa by 1.2% during 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 during the period. Blue Trust Inc. grew its holdings in Arcosa by 16.4% in the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock worth $118,000 after buying an additional 175 shares in the last quarter. Summit Investment Advisors Inc. increased its position in Arcosa by 4.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock valued at $491,000 after acquiring an additional 235 shares during the period. Finally, HighTower Advisors LLC raised its stake in Arcosa by 0.4% during the 4th quarter. HighTower Advisors LLC now owns 72,916 shares of the company's stock valued at $7,054,000 after acquiring an additional 284 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors.

Arcosa Price Performance

NYSE:ACA traded down $1.95 during midday trading on Monday, hitting $75.44. 30,155 shares of the stock were exchanged, compared to its average volume of 268,120. The business has a 50-day moving average price of $83.04 and a two-hundred day moving average price of $94.25. 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 company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 28.68 and a beta of 0.85. Arcosa, Inc. has a one year low of $68.11 and a one year high of $113.43.

Arcosa Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.27%. Arcosa's dividend payout ratio is currently 10.47%.

Analysts Set New Price Targets

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

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.