11,383 Shares in Arcosa, Inc. (NYSE:ACA) Bought by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP acquired 11,383 shares of Arcosa, Inc. (NYSE:ACA) valued at approximately $878,000 during the first quarter.
• Arcosa reported a net margin of 3.00% and earnings of $0.49 per share, exceeding estimates and marking a 5.6% revenue increase year-over-year for the recent quarter.
• The company announced a quarterly dividend of $0.05 per share, with an annualized yield of 0.2% and a dividend payout ratio of 12.58%.

GSA Capital Partners LLP bought a new position in Arcosa, Inc. (NYSE:ACA - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,383 shares of the company's stock, valued at approximately $878,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ACA. Neuberger Berman Group LLC grew its position in Arcosa by 21.6% during the 4th 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. Capital International Investors grew its position in Arcosa by 42.5% during the 4th 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. Oberweis Asset Management Inc. acquired a new stake in Arcosa during the 4th quarter worth about $19,638,000. Bank of America Corp DE grew its position in Arcosa by 197.7% during the 4th quarter. Bank of America Corp DE now owns 282,061 shares of the company's stock worth $27,287,000 after purchasing an additional 187,306 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Arcosa during the 4th quarter worth about $15,919,000. Hedge funds and other institutional investors own 90.66% of the company's stock.

Insider Transactions at Arcosa

In other news, VP Eric D. Hurst sold 835 shares of the firm's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $88.57, for a total transaction of $73,955.95. Following the sale, the vice president directly owned 4,112 shares in the company, valued at $364,199.84. This trade represents a 16.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jesse E. Jr. Collins sold 8,616 shares of the firm's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $86.40, for a total value of $744,422.40. Following the sale, the insider owned 12,551 shares in the company, valued at $1,084,406.40. This trade represents a 40.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

Arcosa Price Performance

Shares of ACA opened at $83.54 on Friday. The business's 50-day moving average is $88.07 and its two-hundred day moving average is $87.30. The company has a market capitalization of $4.08 billion, a P/E ratio of 52.54 and a beta of 1.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.27 and a current ratio of 1.98. Arcosa, Inc. has a fifty-two week low of $68.11 and a fifty-two week high of $113.43.

Arcosa (NYSE:ACA - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.20. The company had revenue of $632.00 million for 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%. The firm's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $0.73 EPS. Research analysts predict that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, July 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. Arcosa's dividend payout ratio (DPR) is 12.58%.

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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