Impax Asset Management Group plc Has $6.25 Million Stake in Arcosa, Inc. (NYSE:ACA)

Impax Asset Management Group plc lessened its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 36.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,000 shares of the company's stock after selling 46,500 shares during the quarter. Impax Asset Management Group plc owned about 0.17% of Arcosa worth $6,247,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Proficio Capital Partners LLC bought a new position in shares of Arcosa in the fourth quarter valued at $30,000. Flagship Wealth Advisors LLC acquired a new position in shares of Arcosa in the 4th quarter worth $52,000. Versant Capital Management Inc raised its position in shares of Arcosa by 81.5% during the first quarter. Versant Capital Management Inc now owns 804 shares of the company's stock worth $62,000 after purchasing an additional 361 shares during the period. AlphaQuest LLC lifted its holdings in shares of Arcosa by 12,050.0% during the fourth quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after purchasing an additional 723 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Arcosa by 223.0% in the 1st quarter. GAMMA Investing LLC now owns 1,069 shares of the company's stock valued at $82,000 after purchasing an additional 738 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Arcosa Trading Down 0.8%

NYSE ACA traded down $0.73 on Monday, hitting $89.29. 306,921 shares of the company were exchanged, compared to its average volume of 272,965. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.98 and a quick ratio of 1.27. Arcosa, Inc. has a twelve month low of $68.11 and a twelve month high of $113.43. The firm has a market capitalization of $4.36 billion, a P/E ratio of 56.16 and a beta of 0.99. The company's 50 day moving average price is $86.84 and its 200-day moving average price is $88.22.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.20. Arcosa had a net margin of 3.00% and a return on equity of 5.59%. The firm had revenue of $632.00 million for the quarter, compared to analysts' expectations of $613.95 million. During the same period in the previous year, the company posted $0.73 EPS. The company's quarterly revenue was up 5.6% compared to the same quarter last year. Analysts predict that Arcosa, Inc. will post 3.23 earnings per share for the current fiscal year.

Arcosa Dividend Announcement

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

Insider Transactions at Arcosa

In other Arcosa news, VP Eric D. Hurst sold 835 shares of the stock in a transaction that occurred 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 owned 4,112 shares in the company, valued at $364,199.84. This represents a 16.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jesse E. Jr. Collins sold 8,616 shares of the business's stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $86.40, for a total transaction of $744,422.40. Following the transaction, the insider owned 12,551 shares in the company, valued at approximately $1,084,406.40. This represents a 40.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.20% of the company's stock.

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.