BNP Paribas Financial Markets Has $741,000 Position in Arcosa, Inc. (NYSE:ACA)

BNP Paribas Financial Markets reduced its stake in Arcosa, Inc. (NYSE:ACA - Free Report) by 30.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,655 shares of the company's stock after selling 3,279 shares during the period. BNP Paribas Financial Markets' holdings in Arcosa were worth $741,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ACA. Flagship Wealth Advisors LLC acquired a new stake in Arcosa in the fourth quarter valued at about $52,000. AlphaQuest LLC grew its stake in Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company's stock worth $71,000 after acquiring an additional 723 shares during the period. Creative Financial Designs Inc. ADV grew its stake in Arcosa by 1,044.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock worth $92,000 after acquiring an additional 867 shares during the period. Blue Trust Inc. boosted its holdings in shares of Arcosa by 16.4% in the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock valued at $118,000 after purchasing an additional 175 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in shares of Arcosa in the 4th quarter valued at $161,000. Hedge funds and other institutional investors own 90.66% of the company's stock.

Insider Buying and Selling at Arcosa

In other Arcosa news, VP Eric D. Hurst sold 835 shares of the 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 completion of the sale, the vice president now directly owns 4,112 shares of the company's stock, valued at $364,199.84. This represents a 16.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.00% of the company's stock.

Arcosa Stock Down 1.4%

ACA stock traded down $1.19 during trading on Wednesday, reaching $86.49. The stock had a trading volume of 14,534 shares, compared to its average volume of 268,864. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year 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 company has a market capitalization of $4.22 billion, a P/E ratio of 32.88 and a beta of 1.00. The firm has a fifty day moving average price of $81.06 and a 200 day moving average price of $92.12.

Arcosa (NYSE:ACA - Get Free Report) last announced its quarterly earnings data 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 net margin of 5.17% and a return on equity of 6.64%. The business had revenue of $632.00 million during the quarter, compared to the consensus estimate of $613.95 million. During the same quarter in the prior year, the firm earned $0.73 EPS. The company's revenue for the quarter was up 5.6% compared to the same quarter last year. On average, equities analysts anticipate that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Dividend Announcement

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