OMERS ADMINISTRATION Corp Makes New Investment in Arcosa, Inc. (NYSE:ACA)

OMERS ADMINISTRATION Corp purchased a new position in Arcosa, Inc. (NYSE:ACA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,700 shares of the company's stock, valued at approximately $358,000.

Several other institutional investors have also modified their holdings of ACA. Proficio Capital Partners LLC acquired a new position in shares of Arcosa in the fourth quarter worth $30,000. Flagship Wealth Advisors LLC acquired a new position in shares of Arcosa in the fourth quarter worth $52,000. AlphaQuest LLC grew its stake in shares of Arcosa by 12,050.0% in the fourth quarter. AlphaQuest LLC now owns 729 shares of the company's stock worth $71,000 after acquiring an additional 723 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Arcosa by 1,044.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock worth $92,000 after purchasing an additional 867 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Arcosa by 16.4% during the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock worth $118,000 after purchasing an additional 175 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Arcosa Stock Performance

Shares of ACA stock opened at $87.80 on Tuesday. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average price of $80.44 and a 200 day moving average price of $92.71. The company has a market cap of $4.29 billion, a P/E ratio of 33.38 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 issued its 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 firm had revenue of $632.00 million during the quarter, compared to the consensus estimate of $613.95 million. Arcosa had a net margin of 5.17% and a return on equity of 6.64%. The company's revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 earnings per share. Sell-side analysts predict that Arcosa, Inc. will post 3.23 earnings per share for the current fiscal year.

Arcosa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.23%. Arcosa's payout ratio is currently 12.58%.

Insider Buying and Selling

In related news, VP Eric D. Hurst sold 835 shares of the business's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $88.57, for a total transaction of $73,955.95. Following the completion of the transaction, the vice president now owns 4,112 shares in the company, valued at approximately $364,199.84. The trade was a 16.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.

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