Arcosa, Inc. (NYSE:ACA) Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC decreased its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,230 shares of the company’s stock after selling 3,733 shares during the quarter. Kennedy Capital Management LLC’s holdings in Arcosa were worth $8,729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Arcosa by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 5,666,144 shares of the company’s stock worth $548,143,000 after purchasing an additional 14,207 shares during the period. Neuberger Berman Group LLC grew its stake in shares of Arcosa by 21.6% in the fourth quarter. Neuberger Berman Group LLC now owns 3,016,597 shares of the company’s stock valued at $291,831,000 after buying an additional 536,349 shares in the last quarter. State Street Corp raised its holdings in shares of Arcosa by 1.1% in the 3rd 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 during the period. Geode Capital Management LLC lifted its stake in 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 acquiring an additional 16,032 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Arcosa by 6.5% during the 3rd quarter. Franklin Resources Inc. now owns 778,246 shares of the company’s stock valued at $74,214,000 after acquiring an additional 47,474 shares during the period. Hedge funds and other institutional investors own 90.66% of the company’s stock.

Arcosa Stock Performance

Shares of ACA opened at $75.00 on Friday. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 28.52 and a beta of 0.85. Arcosa, Inc. has a 52-week low of $68.11 and a 52-week high of $113.43. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $86.01 and a 200 day moving average price of $94.90.

Arcosa Announces Dividend

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 paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.20 annualized dividend and a yield of 0.27%. Arcosa’s dividend payout ratio is currently 10.47%.

Analysts Set New Price Targets

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

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.