Flagship Wealth Advisors LLC acquired a new position in Arcosa, Inc. (NYSE:ACA – Free Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 536 shares of the company’s stock, valued at approximately $52,000.
A number of other hedge funds have also recently made changes to their positions in ACA. Raymond James Financial Inc. bought a new stake in shares of Arcosa in the 4th quarter worth approximately $15,919,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Arcosa in the 3rd quarter worth approximately $8,327,000. HighTower Advisors LLC raised its holdings in Arcosa by 969.5% during the 3rd quarter. HighTower Advisors LLC now owns 72,632 shares of the company’s stock valued at $6,812,000 after buying an additional 65,841 shares during the last quarter. Point72 Asset Management L.P. raised its holdings in Arcosa by 236.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 92,512 shares of the company’s stock valued at $8,766,000 after buying an additional 65,041 shares during the last quarter. Finally, Barclays PLC raised its holdings in Arcosa by 330.9% during the 3rd quarter. Barclays PLC now owns 81,782 shares of the company’s stock valued at $7,750,000 after buying an additional 62,804 shares during the last quarter. 90.66% of the stock is currently owned by institutional investors.
Arcosa Trading Up 0.7 %
NYSE:ACA opened at $81.28 on Tuesday. The company has a fifty day moving average of $93.97 and a 200 day moving average of $96.51. Arcosa, Inc. has a 52 week low of $72.75 and a 52 week high of $113.43. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $3.96 billion, a P/E ratio of 30.91 and a beta of 0.81.
Arcosa Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, Oppenheimer upped their price target on shares of Arcosa from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th.
View Our Latest Research Report on Arcosa
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.
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