Natixis Advisors LLC Has $3.76 Million Stake in Arcosa, Inc. (NYSE:ACA)

Natixis Advisors LLC increased its position in shares of Arcosa, Inc. (NYSE:ACA) by 8.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,692 shares of the company’s stock after purchasing an additional 3,013 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Arcosa worth $3,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. KBC Group NV increased its position in Arcosa by 20.5% during the 3rd quarter. KBC Group NV now owns 1,424 shares of the company’s stock worth $135,000 after buying an additional 242 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of Arcosa by 15.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 74,976 shares of the company’s stock valued at $7,105,000 after acquiring an additional 10,082 shares during the period. Peregrine Asset Advisers Inc. acquired a new stake in shares of Arcosa during the 3rd quarter worth $590,000. River Global Investors LLP increased its position in shares of Arcosa by 11.4% in the third quarter. River Global Investors LLP now owns 80,228 shares of the company’s stock worth $7,596,000 after purchasing an additional 8,222 shares during the period. Finally, QRG Capital Management Inc. lifted its position in Arcosa by 15.5% during the third quarter. QRG Capital Management Inc. now owns 3,018 shares of the company’s stock worth $286,000 after purchasing an additional 406 shares during the period. 90.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ACA shares. Stephens upgraded shares of Arcosa from an “equal weight” rating to an “overweight” rating and set a $96.00 target price for the company in a research report on Wednesday, August 7th. Barclays began coverage on Arcosa in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $106.00 target price on the stock. Finally, Oppenheimer lifted their target price on shares of Arcosa from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Monday, August 19th.

Arcosa Stock Up 2.1 %

Shares of ACA opened at $110.58 on Friday. The stock’s 50-day moving average price is $96.78 and its two-hundred day moving average price is $89.69. Arcosa, Inc. has a 12 month low of $72.75 and a 12 month high of $111.10. The company has a market capitalization of $5.39 billion, a PE ratio of 42.05 and a beta of 0.71. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51.

Arcosa (NYSE:ACA) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.13. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The company had revenue of $640.40 million for the quarter, compared to analyst estimates of $682.52 million. During the same period in the previous year, the firm earned $0.73 earnings per share. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. On average, analysts anticipate that Arcosa, Inc. will post 3.38 EPS for the current year.

Arcosa Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.18%. The ex-dividend date was Tuesday, October 15th. Arcosa’s dividend payout ratio is currently 7.60%.

Insider Transactions at Arcosa

In other Arcosa news, Director Steven J. Demetriou acquired 6,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were bought at an average cost of $87.70 per share, with a total value of $526,200.00. Following the purchase, the director now directly owns 9,943 shares of the company’s stock, valued at $872,001.10. This trade represents a 152.17 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

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.