Arcosa, Inc. (NYSE:ACA) Shares Sold by Guidance Capital Inc.

Guidance Capital Inc. decreased its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 15.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,116 shares of the company’s stock after selling 938 shares during the period. Guidance Capital Inc.’s holdings in Arcosa were worth $513,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. State Street Corp boosted its stake in shares of Arcosa by 1.1% in the third quarter. State Street Corp now owns 1,981,385 shares of the company’s stock valued at $187,756,000 after buying an additional 22,258 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Arcosa by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 1,129,456 shares of the company’s stock worth $107,047,000 after purchasing an additional 16,032 shares during the period. Franklin Resources Inc. increased its holdings in shares of Arcosa by 6.5% in the 3rd quarter. Franklin Resources Inc. now owns 778,246 shares of the company’s stock valued at $74,214,000 after purchasing an additional 47,474 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of Arcosa by 0.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 196,766 shares of the company’s stock valued at $19,035,000 after purchasing an additional 1,408 shares during the period. Finally, Algert Global LLC boosted its holdings in Arcosa by 3.2% during the third quarter. Algert Global LLC now owns 110,271 shares of the company’s stock worth $10,449,000 after buying an additional 3,394 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ACA shares. Barclays began coverage on shares of Arcosa in a research report on Tuesday, October 29th. They set an “overweight” rating and a $106.00 price target for the company. Oppenheimer lifted their price objective on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, January 14th.

Arcosa Stock Up 1.4 %

Shares of NYSE ACA opened at $101.37 on Wednesday. The firm’s 50-day moving average is $101.13 and its two-hundred day moving average is $95.63. The company has a market capitalization of $4.94 billion, a PE ratio of 38.54 and a beta of 0.76. Arcosa, Inc. has a 12-month low of $72.75 and a 12-month 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.

Arcosa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend was Wednesday, January 15th. Arcosa’s dividend payout ratio (DPR) is presently 7.60%.

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.