Jane Street Group LLC Has $3.47 Million Holdings in Arcosa, Inc. (NYSE:ACA)

Jane Street Group LLC cut its position in Arcosa, Inc. (NYSE:ACA - Free Report) by 61.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 35,816 shares of the company's stock after selling 56,136 shares during the period. Jane Street Group LLC owned about 0.07% of Arcosa worth $3,465,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. GAMMA Investing LLC increased its position in shares of Arcosa by 80.9% in the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company's stock valued at $32,000 after acquiring an additional 148 shares during the last quarter. Arizona State Retirement System grew its holdings in Arcosa by 1.2% during the fourth quarter. Arizona State Retirement System now owns 14,159 shares of the company's stock worth $1,370,000 after purchasing an additional 170 shares during the period. Blue Trust Inc. raised its stake in 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 buying an additional 175 shares during the period. Summit Investment Advisors Inc. raised its stake in Arcosa by 4.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,077 shares of the company's stock valued at $491,000 after buying an additional 235 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of Arcosa by 0.4% in the fourth quarter. HighTower Advisors LLC now owns 72,916 shares of the company's stock valued at $7,054,000 after buying an additional 284 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Insider Activity at Arcosa

In other Arcosa news, VP Eric D. Hurst sold 835 shares of the business's 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 completion of the transaction, the vice president now directly owns 4,112 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. 1.20% of the stock is currently owned by corporate insiders.

Arcosa Stock Performance

Shares of NYSE:ACA traded up $0.86 on Friday, hitting $89.14. The company had a trading volume of 259,708 shares, compared to its average volume of 270,428. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year high of $113.43. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 33.89 and a beta of 1.00. The stock has a 50 day moving average price of $80.14 and a 200 day moving average price of $92.81. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51.

Arcosa (NYSE:ACA - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.20. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The business had revenue of $632.00 million during the quarter, compared to analysts' expectations of $613.95 million. During the same period last year, the firm posted $0.73 EPS. The firm's revenue for the quarter was up 5.6% compared to the same quarter last year. Analysts expect that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be paid 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 dividend payout ratio (DPR) is presently 12.58%.

About Arcosa

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.