Skylands Capital LLC bought a new position in shares of Arcosa Inc (NYSE:ACA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 31,300 shares of the company’s stock, valued at approximately $867,000. Skylands Capital LLC owned approximately 0.06% of Arcosa as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Yacktman Asset Management LP acquired a new stake in shares of Arcosa during the 4th quarter worth $22,831,000. Jennison Associates LLC acquired a new stake in Arcosa in the fourth quarter valued at about $13,232,000. Rutabaga Capital Management LLC MA acquired a new stake in Arcosa in the fourth quarter valued at about $12,263,000. WINTON GROUP Ltd acquired a new stake in Arcosa in the fourth quarter valued at about $9,901,000. Finally, Monarch Partners Asset Management LLC acquired a new stake in Arcosa in the fourth quarter valued at about $8,518,000. 7.43% of the stock is currently owned by institutional investors.
Several analysts recently weighed in on ACA shares. Gabelli started coverage on Arcosa in a research note on Tuesday, November 6th. They issued a “buy” rating and a $50.00 price objective on the stock. Zacks Investment Research lowered Arcosa from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. ValuEngine raised Arcosa from a “sell” rating to a “hold” rating in a research note on Friday, February 8th. Finally, Susquehanna Bancshares started coverage on Arcosa in a research note on Monday, November 5th. They issued a “positive” rating and a $37.00 price objective on the stock.
NYSE:ACA opened at $31.46 on Tuesday. Arcosa Inc has a twelve month low of $21.00 and a twelve month high of $34.92.
The firm also recently disclosed a Not Available dividend, which was paid on Thursday, January 31st. Investors of record on Tuesday, January 15th were paid a $0.05 dividend. The ex-dividend date was Monday, January 14th.
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Arcosa, Inc manufactures and sells infrastructure-related products and services for the construction, energy, and transportation markets. It operates through three segments: Construction Products Group, Energy Equipment Group, and Transportation Products Group. The Construction Products Group segment offers lightweight and natural construction aggregates, and trench shields and shoring products that are used in construction landscape, including commercial, industrial, road and bridge, and underground construction.
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