Arcosa, Inc. (NYSE:ACA) Shares Acquired by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC boosted its position in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,107,833 shares of the company's stock after buying an additional 42,842 shares during the period. Arcosa accounts for approximately 0.7% of Silvercrest Asset Management Group LLC's portfolio, making the stock its 27th biggest holding. Silvercrest Asset Management Group LLC owned about 2.27% of Arcosa worth $107,172,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC acquired a new position in Arcosa during the fourth quarter worth $52,000. AlphaQuest LLC lifted its position in shares of Arcosa by 12,050.0% in the fourth quarter. AlphaQuest LLC now owns 729 shares of the company's stock valued at $71,000 after acquiring an additional 723 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Arcosa by 1,044.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 950 shares of the company's stock valued at $92,000 after acquiring an additional 867 shares in the last quarter. Blue Trust Inc. lifted its position in shares of 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 acquiring an additional 175 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in Arcosa in the fourth quarter valued at $161,000. Institutional investors and hedge funds own 90.66% of the company's stock.

Arcosa Trading Down 1.3%

Arcosa stock traded down $1.19 during trading on Monday, hitting $87.80. The company's stock had a trading volume of 151,684 shares, compared to its average volume of 270,605. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 33.38 and a beta of 1.00. 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 stock's fifty day moving average is $80.44 and its 200 day moving average is $92.71. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year high of $113.43.

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

Arcosa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be paid 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 yield of 0.23%. Arcosa's dividend payout ratio is presently 12.58%.

Insiders Place Their Bets

In other news, VP Eric D. Hurst sold 835 shares of the 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 completion of the sale, the vice president now owns 4,112 shares in the company, valued at approximately $364,199.84. This trade represents a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is currently owned by insiders.

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.