MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Grows Stock Position in Arcosa, Inc. (NYSE:ACA)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 363,389 shares of the company's stock after buying an additional 19,340 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.74% of Arcosa worth $35,154,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ACA. Focus Partners Wealth raised its position in Arcosa by 36.9% during the fourth quarter. Focus Partners Wealth now owns 2,956 shares of the company's stock valued at $288,000 after purchasing an additional 796 shares in the last quarter. Deutsche Bank AG raised its position in Arcosa by 119.7% during the fourth quarter. Deutsche Bank AG now owns 75,583 shares of the company's stock valued at $7,312,000 after purchasing an additional 41,187 shares in the last quarter. Cetera Investment Advisers raised its position in Arcosa by 11.8% during the fourth quarter. Cetera Investment Advisers now owns 5,140 shares of the company's stock valued at $497,000 after purchasing an additional 543 shares in the last quarter. Captrust Financial Advisors raised its position in Arcosa by 4.5% during the fourth quarter. Captrust Financial Advisors now owns 5,027 shares of the company's stock valued at $486,000 after purchasing an additional 218 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Arcosa by 197.7% during the fourth quarter. Bank of America Corp DE now owns 282,061 shares of the company's stock valued at $27,287,000 after purchasing an additional 187,306 shares in the last quarter. Institutional investors own 90.66% of the company's stock.

Arcosa Price Performance

NYSE ACA traded up $0.86 during trading hours on Friday, reaching $89.14. 259,708 shares of the stock traded hands, compared to its average volume of 270,806. The stock has a 50 day simple moving average of $80.29 and a two-hundred day simple moving average of $92.78. Arcosa, Inc. has a 1 year low of $68.11 and a 1 year high of $113.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 33.89 and a beta of 1.00.

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, beating analysts' consensus estimates 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 the consensus estimate of $613.95 million. During the same quarter last year, the business posted $0.73 earnings per share. The company's revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts predict that Arcosa, Inc. will post 3.23 EPS for the current fiscal year.

Arcosa Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be issued 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 is currently 12.58%.

Insider Transactions at Arcosa

In other news, VP Eric D. Hurst sold 835 shares of Arcosa stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $88.57, for a total value of $73,955.95. Following the transaction, the vice president now owns 4,112 shares in the company, valued at approximately $364,199.84. The trade was a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.20% of the company's stock.

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.