Loomis Sayles & Co. L P Has $88.06 Million Holdings in Arcosa, Inc. (NYSE:ACA)

Loomis Sayles & Co. L P decreased its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 910,290 shares of the company’s stock after selling 9,709 shares during the quarter. Loomis Sayles & Co. L P owned about 1.87% of Arcosa worth $88,061,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ACA. GAMMA Investing LLC boosted its stake in Arcosa by 80.9% in the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock valued at $32,000 after acquiring an additional 148 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Arcosa by 1.2% in the 4th quarter. Arizona State Retirement System now owns 14,159 shares of the company’s stock worth $1,370,000 after purchasing an additional 170 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Arcosa by 16.4% during the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock worth $118,000 after purchasing an additional 175 shares during the period. HighTower Advisors LLC increased its holdings in Arcosa by 0.4% in the fourth quarter. HighTower Advisors LLC now owns 72,916 shares of the company’s stock valued at $7,054,000 after purchasing an additional 284 shares during the last quarter. Finally, Xponance Inc. increased its holdings in Arcosa by 10.0% in the fourth quarter. Xponance Inc. now owns 3,505 shares of the company’s stock valued at $339,000 after purchasing an additional 319 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Arcosa Price Performance

Shares of ACA stock opened at $81.15 on Thursday. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. Arcosa, Inc. has a 12-month low of $72.75 and a 12-month high of $113.43. The firm has a fifty day moving average of $92.02 and a 200-day moving average of $96.18. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 30.86 and a beta of 0.81.

Arcosa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%. Arcosa’s payout ratio is 10.47%.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer raised their target price on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a report 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.