Arcosa, Inc. (NYSE:ACA) Stock Holdings Cut by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. reduced its position in Arcosa, Inc. (NYSE:ACA - Free Report) by 64.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,726 shares of the company's stock after selling 23,111 shares during the period. D. E. Shaw & Co. Inc.'s holdings in Arcosa were worth $1,231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC purchased a new position in Arcosa in the 4th quarter valued at about $52,000. AlphaQuest LLC boosted its position in Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after buying an additional 723 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in Arcosa by 1,044.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock valued at $92,000 after buying an additional 867 shares during the last quarter. Blue Trust Inc. boosted its position in 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 buying an additional 175 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in Arcosa in the 4th quarter valued at about $161,000. 90.66% of the stock is owned by hedge funds and other institutional investors.

Arcosa Stock Down 0.1%

Shares of ACA stock traded down $0.09 during trading hours on Friday, hitting $84.69. 162,871 shares of the company were exchanged, compared to its average volume of 269,857. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.77 and a current ratio of 3.61. Arcosa, Inc. has a one year low of $68.11 and a one year high of $113.43. The business's 50-day simple moving average is $80.85 and its two-hundred day simple moving average is $92.29. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 32.20 and a beta of 1.00.

Arcosa (NYSE:ACA - Get Free Report) last issued its quarterly 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. Arcosa had a net margin of 5.17% and a return on equity of 6.64%. The business had revenue of $632.00 million for the quarter, compared to analysts' expectations of $613.95 million. During the same quarter last year, the company posted $0.73 earnings per share. The company's quarterly revenue was up 5.6% compared to the same quarter last year. Sell-side analysts predict that Arcosa, Inc. will post 3.23 EPS for the current fiscal year.

Arcosa Dividend Announcement

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

Insider Transactions at Arcosa

In other Arcosa news, VP Eric D. Hurst sold 835 shares of the firm's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $88.57, for a total value of $73,955.95. Following the transaction, the vice president now owns 4,112 shares of the company's stock, valued at $364,199.84. This trade represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate 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.