Royce & Associates LP Increases Stock Holdings in Arcosa, Inc. (NYSE:ACA)

Royce & Associates LP increased its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 1.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,254,088 shares of the company's stock after acquiring an additional 14,839 shares during the quarter. Arcosa comprises about 1.0% of Royce & Associates LP's investment portfolio, making the stock its 3rd biggest holding. Royce & Associates LP owned about 2.57% of Arcosa worth $96,715,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. increased its position in 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 boosted its holdings in Arcosa by 21.6% in the fourth quarter. Neuberger Berman Group LLC now owns 3,016,597 shares of the company's stock worth $291,831,000 after acquiring an additional 536,349 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of Arcosa by 3.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,702,718 shares of the company's stock valued at $164,721,000 after acquiring an additional 60,818 shares in the last quarter. Silvercrest Asset Management Group LLC increased its holdings in shares of Arcosa by 4.0% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 1,107,833 shares of the company's stock valued at $107,172,000 after acquiring an additional 42,842 shares in the last quarter. Finally, Capital International Investors raised its position in shares of 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 last quarter. 90.66% of the stock is currently owned by institutional investors.

Arcosa Stock Down 0.6%

ACA stock traded down $0.56 during trading on Thursday, hitting $90.40. 25,838 shares of the stock traded hands, compared to its average volume of 286,697. Arcosa, Inc. has a 1 year low of $68.11 and a 1 year high of $113.43. The firm's 50 day moving average is $87.93 and its two-hundred day moving average is $87.64. The stock has a market cap of $4.41 billion, a price-to-earnings ratio of 57.11 and a beta of 0.99. 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 (NYSE:ACA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, beating 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 company had revenue of $632.00 million for the quarter, compared to the consensus estimate of $613.95 million. During the same period in the prior year, the firm posted $0.73 EPS. Arcosa's revenue for the quarter was up 5.6% on a year-over-year basis. On average, sell-side analysts anticipate that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Dividend Announcement

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

Insider Transactions at Arcosa

In other Arcosa news, insider Jesse E. Jr. Collins sold 8,616 shares of the company's stock in a transaction dated 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Eric D. Hurst sold 835 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $88.57, for a total transaction of $73,955.95. Following the transaction, 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 disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.

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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