Arcosa, Inc. (NYSE:ACA) Stock Position Boosted by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its stake in Arcosa, Inc. (NYSE:ACA - Free Report) by 8.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 212,734 shares of the company's stock after purchasing an additional 15,968 shares during the quarter. Arcosa comprises 0.7% of Harbor Capital Advisors Inc.'s portfolio, making the stock its 10th biggest holding. Harbor Capital Advisors Inc. owned about 0.44% of Arcosa worth $16,406,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of Arcosa by 24,806.6% in the 1st quarter. GAMMA Investing LLC now owns 82,441 shares of the company's stock worth $63,580,000 after purchasing an additional 82,110 shares during the period. Versant Capital Management Inc lifted its stake in shares of Arcosa by 81.5% during the 1st quarter. Versant Capital Management Inc now owns 804 shares of the company's stock worth $62,000 after acquiring an additional 361 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Arcosa by 16.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 128,521 shares of the company's stock worth $12,433,000 after acquiring an additional 17,958 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in shares of Arcosa during the 4th quarter worth approximately $318,000. Finally, Silvercrest Asset Management Group LLC lifted its stake in shares of Arcosa by 4.0% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 1,107,833 shares of the company's stock worth $107,172,000 after acquiring an additional 42,842 shares during the last quarter. Hedge funds and other institutional investors own 90.66% of the company's stock.

Arcosa Trading Down 2.5%

Shares of ACA stock traded down $2.18 on Friday, reaching $85.53. 317,767 shares of the company's stock were exchanged, compared to its average volume of 269,691. Arcosa, Inc. has a 52 week low of $68.11 and a 52 week high of $113.43. 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 stock has a market capitalization of $4.18 billion, a PE ratio of 32.52 and a beta of 1.01. The company's fifty day simple moving average is $83.60 and its 200 day simple moving average is $90.57.

Arcosa (NYSE:ACA - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.20. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The business had revenue of $632.00 million during the quarter, compared to analyst estimates of $613.95 million. During the same period in the previous year, the company posted $0.73 EPS. Arcosa's revenue was up 5.6% on a year-over-year basis. As a group, analysts forecast that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be issued a $0.05 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.23%. Arcosa's payout ratio is currently 12.58%.

Insider Activity at Arcosa

In related news, VP Eric D. Hurst sold 835 shares of Arcosa stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $88.57, for a total value of $73,955.95. Following the completion of the sale, the vice president now directly owns 4,112 shares in the company, valued at $364,199.84. The trade was a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Arcosa Company 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.