Capital International Investors Grows Stock Position in Arcosa, Inc. (NYSE:ACA)

Capital International Investors boosted its position in Arcosa, Inc. (NYSE:ACA - Free Report) by 42.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 888,559 shares of the company's stock after buying an additional 265,056 shares during the quarter. Capital International Investors owned approximately 1.82% of Arcosa worth $85,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of ACA. Barclays PLC lifted its position in Arcosa by 330.9% in the third quarter. Barclays PLC now owns 81,782 shares of the company's stock valued at $7,750,000 after purchasing an additional 62,804 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Arcosa by 6.5% during the 3rd quarter. Franklin Resources Inc. now owns 778,246 shares of the company's stock worth $74,214,000 after acquiring an additional 47,474 shares during the period. GAMMA Investing LLC boosted its position in shares of Arcosa by 80.9% during the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company's stock valued at $32,000 after purchasing an additional 148 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in Arcosa by 0.7% in the fourth 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 position in Arcosa during the fourth quarter valued at $536,000. 90.66% of the stock is currently owned by institutional investors.

Arcosa Stock Down 0.0 %

Shares of ACA traded down $0.03 on Friday, hitting $80.47. 55,142 shares of the stock traded hands, compared to its average volume of 307,676. Arcosa, Inc. has a one year low of $68.11 and a one year high of $113.43. The company has a market capitalization of $3.93 billion, a PE ratio of 30.60 and a beta of 0.85. The business has a 50 day simple moving average of $81.24 and a 200 day simple moving average of $93.81. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Tuesday, April 15th. Arcosa's payout ratio is 10.47%.

Analyst Upgrades and Downgrades

Separately, Oppenheimer lifted their price objective on Arcosa from $105.00 to $110.00 and gave the company an "outperform" rating in a research note 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.