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

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

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of Arcosa by 330.9% during the 3rd quarter. Barclays PLC now owns 81,782 shares of the company's stock valued at $7,750,000 after buying an additional 62,804 shares during the last quarter. Sheets Smith Wealth Management purchased a new position in shares of Arcosa during the 4th quarter valued at approximately $536,000. Nisa Investment Advisors LLC boosted its stake in shares of Arcosa by 8.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,092 shares of the company's stock valued at $589,000 after buying an additional 463 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Arcosa by 16.4% during the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock valued at $118,000 after buying an additional 175 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Arcosa by 52.2% during the 4th quarter. KBC Group NV now owns 2,168 shares of the company's stock valued at $210,000 after buying an additional 744 shares during the last quarter. Hedge funds and other institutional investors own 90.66% of the company's stock.

Arcosa Stock Down 0.1%

Shares of Arcosa stock traded down $0.09 on Friday, hitting $84.69. 162,871 shares of the company's stock traded hands, compared to its average volume of 269,857. The stock has a market cap of $4.13 billion, a P/E ratio of 32.20 and a beta of 1.00. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The firm's 50-day moving average is $80.85 and its 200 day moving average is $92.29. Arcosa, Inc. has a 52-week low of $68.11 and a 52-week high of $113.43.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $613.95 million. During the same period in the prior year, the company posted $0.73 EPS. The business's revenue was up 5.6% compared to the same quarter last year. Equities analysts anticipate that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.24%. The ex-dividend date is Tuesday, July 15th. Arcosa's dividend payout ratio is presently 12.58%.

Insiders Place Their Bets

In other news, VP Eric D. Hurst sold 835 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $88.57, for a total transaction of $73,955.95. Following the transaction, the vice president now directly owns 4,112 shares of the company's stock, valued at approximately $364,199.84. This trade represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is owned by corporate insiders.

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.