UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in Arcosa, Inc. (NYSE:ACA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 16.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,521 shares of the company's stock after acquiring an additional 17,958 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.26% of Arcosa worth $12,433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of ACA. Norges Bank purchased a new stake in shares of Arcosa in the fourth quarter worth $73,178,000. Neuberger Berman Group LLC grew its position in 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 purchasing an additional 536,349 shares during the last quarter. Capital International Investors grew its position in Arcosa by 42.5% during the 4th quarter. Capital International Investors now owns 888,559 shares of the company's stock valued at $85,959,000 after purchasing an additional 265,056 shares during the last quarter. Oberweis Asset Management Inc. bought a new stake in Arcosa during the 4th quarter valued at about $19,638,000. Finally, Bank of America Corp DE raised its holdings in Arcosa by 197.7% in the fourth quarter. Bank of America Corp DE now owns 282,061 shares of the company's stock worth $27,287,000 after buying an additional 187,306 shares during the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Arcosa Stock Up 2.0%

Shares of NYSE ACA traded up $1.71 during midday trading on Tuesday, hitting $88.04. The stock had a trading volume of 121,155 shares, compared to its average volume of 267,803. The business's 50 day moving average is $81.58 and its 200-day moving average is $91.52. Arcosa, Inc. has a 52 week low of $68.11 and a 52 week high of $113.43. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The company has a market cap of $4.30 billion, a P/E ratio of 33.47 and a beta of 1.00.

Arcosa (NYSE:ACA - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.49 earnings per share (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 analysts' expectations of $613.95 million. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 EPS. As a group, analysts predict that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Announces Dividend

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 given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.23%. Arcosa's dividend payout ratio (DPR) is presently 12.58%.

Insider Buying and Selling

In related 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 transaction of $73,955.95. Following the transaction, the vice president now owns 4,112 shares in the company, valued at $364,199.84. This represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is owned by corporate 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.