Deutsche Bank AG Purchases 41,187 Shares of Arcosa, Inc. (NYSE:ACA)

Deutsche Bank AG lifted its position in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 119.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,583 shares of the company's stock after buying an additional 41,187 shares during the period. Deutsche Bank AG owned about 0.15% of Arcosa worth $7,312,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Arcosa by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 5,666,144 shares of the company's stock valued at $548,143,000 after buying an additional 14,207 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in shares of Arcosa by 21.6% during the 4th quarter. Neuberger Berman Group LLC now owns 3,016,597 shares of the company's stock valued at $291,831,000 after buying an additional 536,349 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Arcosa by 3.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,702,718 shares of the company's stock valued at $164,721,000 after buying an additional 60,818 shares in the last quarter. Capital International Investors increased its stake in Arcosa by 42.5% in the 4th quarter. Capital International Investors now owns 888,559 shares of the company's stock worth $85,959,000 after purchasing an additional 265,056 shares during the period. Finally, Norges Bank purchased a new position in Arcosa in the 4th quarter worth approximately $73,178,000. 90.66% of the stock is owned by hedge funds and other institutional investors.

Arcosa Trading Down 0.1%

Arcosa stock traded down $0.09 during trading hours on Friday, reaching $84.69. The company had a trading volume of 162,871 shares, compared to its average volume of 269,656. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77. The company has a 50-day moving average price of $80.85 and a 200 day moving average price of $92.45. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 32.20 and a beta of 1.00. Arcosa, Inc. has a 12-month low of $68.11 and a 12-month high of $113.43.

Arcosa (NYSE:ACA - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.20. The business had revenue of $632.00 million for the quarter, compared to analysts' expectations of $613.95 million. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. Equities analysts forecast that Arcosa, Inc. will post 3.23 earnings per share for the current year.

Arcosa Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be paid a $0.05 dividend. 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 0.24%. Arcosa's dividend payout ratio (DPR) is currently 12.58%.

Insiders Place Their Bets

In other 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 value of $73,955.95. Following the sale, the vice president now directly owns 4,112 shares in the company, valued at approximately $364,199.84. This trade represents a 16.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.00% of the company's stock.

Arcosa Company 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.