Jane Street Group LLC Sells 56,136 Shares of Arcosa, Inc. (NYSE:ACA)

Jane Street Group LLC lowered its position in Arcosa, Inc. (NYSE:ACA - Free Report) by 61.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,816 shares of the company's stock after selling 56,136 shares during the quarter. Jane Street Group LLC owned approximately 0.07% of Arcosa worth $3,465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC bought a new stake in shares of Arcosa in the fourth quarter worth $30,000. GAMMA Investing LLC lifted its holdings in Arcosa by 80.9% in the 4th 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. Flagship Wealth Advisors LLC acquired a new stake in Arcosa during the 4th quarter worth about $52,000. AlphaQuest LLC increased its holdings in shares of Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after purchasing an additional 723 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of Arcosa by 1,044.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock valued at $92,000 after buying an additional 867 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company's stock.

Arcosa Stock Performance

Shares of ACA traded up $0.86 during mid-day trading on Friday, hitting $89.14. The company's stock had a trading volume of 259,708 shares, compared to its average volume of 271,082. The stock's 50-day moving average is $80.29 and its two-hundred day moving average is $92.75. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.77 and a current ratio of 3.61. The firm has a market capitalization of $4.35 billion, a PE ratio of 33.89 and a beta of 1.00. Arcosa, Inc. has a one year low of $68.11 and a one year high of $113.43.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings results 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. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The business had revenue of $632.00 million for the quarter, compared to analysts' expectations of $613.95 million. During the same quarter last year, the business earned $0.73 earnings per share. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Tuesday, July 15th. Arcosa's dividend payout ratio (DPR) is currently 12.58%.

Insiders Place Their Bets

In related news, VP Eric D. Hurst sold 835 shares of the stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $88.57, for a total transaction of $73,955.95. Following the completion of the sale, the vice president now directly owns 4,112 shares of the company's stock, valued at approximately $364,199.84. This trade represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate 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.