Vanguard Group Inc. Sells 50,312 Shares of Arcosa, Inc. $ACA

Vanguard Group Inc. trimmed its holdings in Arcosa, Inc. (NYSE:ACA - Free Report) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,348,625 shares of the company's stock after selling 50,312 shares during the quarter. Vanguard Group Inc. owned about 10.91% of Arcosa worth $568,666,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. CWM LLC boosted its stake in Arcosa by 11.5% in the 4th quarter. CWM LLC now owns 923 shares of the company's stock worth $98,000 after purchasing an additional 95 shares during the period. GPS Wealth Strategies Group LLC boosted its position in shares of Arcosa by 15.7% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 787 shares of the company's stock valued at $74,000 after acquiring an additional 107 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Arcosa by 0.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 40,083 shares of the company's stock valued at $4,281,000 after acquiring an additional 107 shares during the last quarter. Bessemer Group Inc. boosted its position in shares of Arcosa by 47.8% during the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company's stock valued at $35,000 after acquiring an additional 119 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Arcosa by 73.4% during the 4th quarter. Farther Finance Advisors LLC now owns 307 shares of the company's stock valued at $33,000 after acquiring an additional 130 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ACA shares. Zacks Research downgraded Arcosa from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 28th. Barclays increased their target price on Arcosa from $115.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday. DA Davidson raised their price target on Arcosa from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Monday, March 2nd. Weiss Ratings upgraded Arcosa from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, April 27th. Finally, Texas Capital upgraded Arcosa to a "strong-buy" rating in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $132.50.

Arcosa Stock Performance

ACA stock opened at $123.48 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 2.32 and a debt-to-equity ratio of 0.57. The business's fifty day simple moving average is $111.65 and its two-hundred day simple moving average is $109.50. Arcosa, Inc. has a twelve month low of $81.59 and a twelve month high of $131.00. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 2.29 and a beta of 1.08.

Arcosa (NYSE:ACA - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.38. Arcosa had a return on equity of 8.52% and a net margin of 7.88%.The business had revenue of $571.70 million for the quarter, compared to analyst estimates of $642.40 million. During the same quarter last year, the firm posted $0.49 earnings per share. The business's revenue was up 5.0% compared to the same quarter last year. Analysts predict that Arcosa, Inc. will post 3.4 earnings per share for the current year.

Arcosa Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, April 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Arcosa's dividend payout ratio (DPR) is currently 4.72%.

Arcosa Profile

Arcosa, Inc NYSE: ACA is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries' construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company's Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.

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