Creekmur Asset Management LLC Invests $512,000 in Arcosa, Inc. (NYSE:ACA)

Creekmur Asset Management LLC purchased a new stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,638 shares of the company's stock, valued at approximately $512,000.

Several other large investors have also made changes to their positions in the company. Xponance Inc. lifted its stake in Arcosa by 4.3% in the first quarter. Xponance Inc. now owns 3,654 shares of the company's stock valued at $282,000 after buying an additional 149 shares during the period. Captrust Financial Advisors lifted its stake in Arcosa by 4.5% in the fourth quarter. Captrust Financial Advisors now owns 5,027 shares of the company's stock valued at $486,000 after buying an additional 218 shares during the period. Summit Investment Advisors Inc. lifted its stake in Arcosa by 4.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock valued at $491,000 after buying an additional 235 shares during the period. QRG Capital Management Inc. lifted its stake in Arcosa by 12.7% in the first quarter. QRG Capital Management Inc. now owns 3,178 shares of the company's stock valued at $245,000 after buying an additional 357 shares during the period. Finally, Versant Capital Management Inc lifted its stake in Arcosa by 81.5% in the first quarter. Versant Capital Management Inc now owns 804 shares of the company's stock valued at $62,000 after buying an additional 361 shares during the period. Institutional investors and hedge funds own 90.66% of the company's stock.

Arcosa Trading Down 0.2%

Shares of Arcosa stock traded down $0.15 during trading hours on Friday, hitting $89.93. The company's stock had a trading volume of 548,549 shares, compared to its average volume of 275,328. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.98 and a quick ratio of 1.27. The company has a market capitalization of $4.39 billion, a PE ratio of 56.56 and a beta of 0.99. Arcosa, Inc. has a 12 month low of $68.11 and a 12 month high of $113.43. The stock has a 50 day moving average of $87.94 and a 200 day moving average of $87.74.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.20. The business had revenue of $632.00 million during 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%. Arcosa's quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. Analysts predict that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a $0.05 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.22%. Arcosa's payout ratio is 12.58%.

Insider Buying and Selling

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

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.