New York State Teachers Retirement System Has $4.44 Million Holdings in Arcosa, Inc. (NYSE:ACA)

New York State Teachers Retirement System decreased its stake in Arcosa, Inc. (NYSE:ACA - Free Report) by 13.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,505 shares of the company's stock after selling 8,600 shares during the period. New York State Teachers Retirement System owned 0.12% of Arcosa worth $4,435,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Arizona State Retirement System increased its position in shares of Arcosa by 1.2% during the 4th quarter. Arizona State Retirement System now owns 14,159 shares of the company's stock valued at $1,370,000 after purchasing an additional 170 shares during the period. Captrust Financial Advisors grew its holdings in shares of Arcosa by 4.5% in the 4th quarter. Captrust Financial Advisors now owns 5,027 shares of the company's stock worth $486,000 after acquiring an additional 218 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in shares of Arcosa by 4.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock worth $491,000 after acquiring an additional 235 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Arcosa by 0.4% in the 4th quarter. HighTower Advisors LLC now owns 72,916 shares of the company's stock worth $7,054,000 after acquiring an additional 284 shares during the last quarter. Finally, Xponance Inc. grew its holdings in shares of Arcosa by 10.0% in the 4th quarter. Xponance Inc. now owns 3,505 shares of the company's stock worth $339,000 after acquiring an additional 319 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Arcosa Price Performance

Shares of NYSE ACA traded up $0.21 during mid-day trading on Thursday, reaching $91.76. The company had a trading volume of 209,573 shares, compared to its average volume of 273,323. The company has a current ratio of 1.98, a quick ratio of 1.27 and a debt-to-equity ratio of 0.68. The stock has a market cap of $4.48 billion, a PE ratio of 57.71 and a beta of 0.99. The company has a 50-day moving average price of $87.26 and a two-hundred day moving average price of $88.25. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year high of $113.43.

Arcosa (NYSE:ACA - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.29 by $0.20. The business had revenue of $632.00 million during the quarter, compared to analysts' expectations of $613.95 million. Arcosa had a return on equity of 5.59% and a net margin of 3.00%. Arcosa's revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. On average, equities analysts anticipate that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Announces Dividend

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 given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.22%. Arcosa's payout ratio is 12.58%.

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.