Arcosa, Inc. (NYSE:ACA) Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division lowered its position in shares of Arcosa, Inc. (NYSE:ACAGet Rating) by 11.6% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 21,929 shares of the company’s stock after selling 2,873 shares during the quarter. Moody National Bank Trust Division’s holdings in Arcosa were worth $1,255,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Barclays PLC lifted its position in Arcosa by 66.1% during the 4th quarter. Barclays PLC now owns 64,565 shares of the company’s stock worth $3,402,000 after acquiring an additional 25,691 shares during the period. Orchard Capital Managment LLC lifted its position in Arcosa by 1.9% during the 4th quarter. Orchard Capital Managment LLC now owns 196,969 shares of the company’s stock worth $10,380,000 after acquiring an additional 3,600 shares during the period. University of Texas Texas AM Investment Managment Co. acquired a new stake in Arcosa during the 4th quarter worth about $372,000. Silvercrest Asset Management Group LLC lifted its position in Arcosa by 20.2% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 954,481 shares of the company’s stock worth $49,910,000 after acquiring an additional 160,124 shares during the period. Finally, Kennedy Capital Management Inc. lifted its position in Arcosa by 35.7% during the 4th quarter. Kennedy Capital Management Inc. now owns 205,147 shares of the company’s stock worth $10,811,000 after acquiring an additional 53,987 shares during the period. 89.41% of the stock is owned by institutional investors.

Shares of ACA stock opened at $46.30 on Thursday. The stock has a market cap of $2.24 billion, a PE ratio of 30.46 and a beta of 0.45. The business has a 50-day simple moving average of $52.45 and a 200-day simple moving average of $52.36. The company has a quick ratio of 1.24, a current ratio of 2.08 and a debt-to-equity ratio of 0.34. Arcosa, Inc. has a 52-week low of $43.42 and a 52-week high of $60.47.

Arcosa (NYSE:ACAGet Rating) last issued its quarterly earnings data on Thursday, April 28th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.20. The business had revenue of $535.80 million during the quarter, compared to analysts’ expectations of $476.40 million. Arcosa had a return on equity of 4.98% and a net margin of 3.47%. Sell-side analysts anticipate that Arcosa, Inc. will post 1.83 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Stockholders of record on Friday, July 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, July 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.43%. Arcosa’s dividend payout ratio (DPR) is presently 13.16%.

In other news, insider Kerry S. Cole sold 10,500 shares of the business’s stock in a transaction dated Thursday, June 2nd. The stock was sold at an average price of $52.82, for a total value of $554,610.00. Following the completion of the transaction, the insider now owns 23,475 shares of the company’s stock, valued at approximately $1,239,949.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.76% of the company’s stock.

Arcosa Profile (Get Rating)

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment offers natural and recycled aggregates; specialty materials; and trench shields and shoring products for residential and non-residential construction, agriculture, specialty building products, as well as for infrastructure related projects.

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