Guidance Capital Inc. Decreases Position in Arcosa, Inc. (NYSE:ACA)

Guidance Capital Inc. trimmed its holdings in Arcosa, Inc. (NYSE:ACA) by 15.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,116 shares of the company’s stock after selling 938 shares during the period. Guidance Capital Inc.’s holdings in Arcosa were worth $513,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC increased its holdings in shares of Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock worth $32,000 after buying an additional 148 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Arcosa in the 3rd quarter valued at about $37,000. Blue Trust Inc. grew its holdings in Arcosa by 16.4% during the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock worth $118,000 after acquiring an additional 175 shares in the last quarter. KBC Group NV increased its holdings in Arcosa by 20.5% in the third quarter. KBC Group NV now owns 1,424 shares of the company’s stock valued at $135,000 after buying an additional 242 shares during the last quarter. Finally, First Trust Direct Indexing L.P. acquired a new stake in Arcosa in the third quarter valued at $206,000. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Arcosa Price Performance

Shares of NYSE ACA opened at $101.37 on Wednesday. The stock has a market cap of $4.94 billion, a P/E ratio of 38.54 and a beta of 0.76. Arcosa, Inc. has a twelve month low of $72.75 and a twelve month high of $113.43. The stock has a 50 day moving average of $101.13 and a two-hundred day moving average of $95.63. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a $0.05 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.20%. Arcosa’s payout ratio is 7.60%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ACA shares. Oppenheimer upped their price objective on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. Barclays initiated coverage on shares of Arcosa in a research report on Tuesday, October 29th. They set an “overweight” rating and a $106.00 price objective for the company.

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.