Arcosa, Inc. (NYSE:ACA) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC trimmed its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 34.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,869 shares of the company’s stock after selling 13,823 shares during the period. Natixis Advisors LLC’s holdings in Arcosa were worth $2,503,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in Arcosa during the 4th quarter valued at approximately $30,000. GAMMA Investing LLC increased its holdings in shares of Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock valued at $32,000 after purchasing an additional 148 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Arcosa during the 3rd quarter valued at approximately $37,000. AlphaQuest LLC increased its holdings in shares of Arcosa by 12,050.0% during the 4th quarter. AlphaQuest LLC now owns 729 shares of the company’s stock valued at $71,000 after purchasing an additional 723 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of Arcosa by 16.4% during the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock valued at $118,000 after purchasing an additional 175 shares in the last quarter. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Oppenheimer lifted their target price on shares of Arcosa from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th.

Arcosa Price Performance

NYSE:ACA opened at $79.49 on Monday. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 30.22 and a beta of 0.81. The company has a 50 day moving average price of $92.87 and a 200-day moving average price of $96.29. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77. Arcosa, Inc. has a 1-year low of $72.75 and a 1-year high of $113.43.

Arcosa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.25%. The ex-dividend date is Tuesday, April 15th. Arcosa’s payout ratio is presently 10.47%.

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.