Royce & Associates LP Has $119.89 Million Position in Arcosa, Inc. (NYSE:ACA)

Royce & Associates LP lessened its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,239,249 shares of the company’s stock after selling 128,525 shares during the quarter. Arcosa comprises 1.1% of Royce & Associates LP’s portfolio, making the stock its biggest holding. Royce & Associates LP owned 2.54% of Arcosa worth $119,885,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACA. GAMMA Investing LLC raised its position in shares of Arcosa by 80.9% during the fourth quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock valued at $32,000 after buying an additional 148 shares during the last quarter. Arizona State Retirement System increased its holdings in Arcosa by 1.2% in the 4th quarter. Arizona State Retirement System now owns 14,159 shares of the company’s stock valued at $1,370,000 after acquiring an additional 170 shares during the last quarter. Blue Trust Inc. lifted its stake in Arcosa by 16.4% in the 4th quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock worth $118,000 after purchasing an additional 175 shares in the last quarter. KBC Group NV boosted its holdings in shares of Arcosa by 20.5% during the 3rd quarter. KBC Group NV now owns 1,424 shares of the company’s stock valued at $135,000 after purchasing an additional 242 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Arcosa by 0.4% during 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 in the last quarter. Institutional investors own 90.66% of the company’s stock.

Arcosa Price Performance

ACA stock opened at $80.84 on Friday. Arcosa, Inc. has a 52 week low of $72.75 and a 52 week high of $113.43. The firm has a market capitalization of $3.94 billion, a P/E ratio of 30.74 and a beta of 0.81. The company has a fifty day simple moving average of $94.30 and a two-hundred day simple moving average of $96.53. 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 Dividend Announcement

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

Analysts Set New Price Targets

Separately, Oppenheimer boosted their target price on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th.

Arcosa 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.