Arcosa, Inc. (NYSE:ACA) Holdings Trimmed by Two Sigma Advisers LP

Two Sigma Advisers LP cut its stake in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 35.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,200 shares of the company's stock after selling 2,900 shares during the quarter. Two Sigma Advisers LP's holdings in Arcosa were worth $503,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC purchased a new stake in shares of Arcosa during the fourth quarter worth approximately $30,000. Flagship Wealth Advisors LLC acquired a new stake in Arcosa in the fourth quarter valued at $52,000. AlphaQuest LLC grew its holdings in Arcosa by 12,050.0% in 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. Creative Financial Designs Inc. ADV lifted its position in shares of Arcosa by 1,044.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock valued at $92,000 after acquiring an additional 867 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Arcosa by 16.4% in the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company's stock valued at $118,000 after acquiring an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 90.66% of the company's stock.

Arcosa Trading Up 0.6%

NYSE ACA traded up $0.56 during trading hours on Friday, hitting $89.48. 174,632 shares of the company's stock were exchanged, compared to its average volume of 268,606. The business's 50 day moving average is $82.20 and its 200-day moving average is $91.07. Arcosa, Inc. has a 12-month low of $68.11 and a 12-month high of $113.43. The firm has a market capitalization of $4.37 billion, a P/E ratio of 34.02 and a beta of 1.01. 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 (NYSE:ACA - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.29 by $0.20. The business had revenue of $632.00 million for the quarter, compared to the consensus estimate of $613.95 million. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The company's revenue was up 5.6% on a year-over-year basis. During the same period last year, the business posted $0.73 EPS. As a group, analysts anticipate that Arcosa, Inc. will post 3.23 EPS for the current fiscal year.

Arcosa Announces Dividend

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

Insider Transactions at Arcosa

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 completion of the transaction, the vice president now 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 legal 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.