400 Shares in Arcosa, Inc. (NYSE:ACA) Bought by Criterion Capital Advisors LLC

Criterion Capital Advisors LLC bought a new position in shares of Arcosa, Inc. (NYSE:ACA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 400 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACA. McGlone Suttner Wealth Management Inc. bought a new position in shares of Arcosa during the fourth quarter worth $36,000. Point72 Asset Management L.P. bought a new position in Arcosa during the second quarter valued at $45,000. Quantbot Technologies LP bought a new position in Arcosa during the first quarter valued at $59,000. Harvest Fund Management Co. Ltd lifted its position in Arcosa by 533.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 925 shares of the company’s stock valued at $67,000 after purchasing an additional 779 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in Arcosa during the third quarter valued at $81,000. Institutional investors own 90.66% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ACA. Oppenheimer increased their price objective on shares of Arcosa from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. DA Davidson increased their price objective on shares of Arcosa from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $90.00.

Arcosa Trading Up 0.1 %

Shares of ACA opened at $75.88 on Monday. Arcosa, Inc. has a twelve month low of $57.74 and a twelve month high of $89.07. The company has a market cap of $3.68 billion, a P/E ratio of 23.28 and a beta of 0.66. The company has a current ratio of 2.12, a quick ratio of 1.18 and a debt-to-equity ratio of 0.24. The company’s fifty day simple moving average is $82.50 and its 200-day simple moving average is $78.04.

Arcosa (NYSE:ACA) last announced its earnings results on Friday, February 23rd. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.35. Arcosa had a net margin of 6.90% and a return on equity of 6.90%. The business had revenue of $582.20 million for the quarter, compared to the consensus estimate of $554.54 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. The business’s revenue for the quarter was up 16.4% on a year-over-year basis. As a group, analysts expect that Arcosa, Inc. will post 3.38 EPS for the current year.

Arcosa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, April 12th. Arcosa’s dividend payout ratio is currently 6.13%.

About Arcosa

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.