Arcosa, Inc. (NYSE:ACA – Get Rating) CAO Mary E. Henderson sold 6,000 shares of the stock in a transaction on Monday, December 12th. The stock was sold at an average price of $58.46, for a total transaction of $350,760.00. Following the sale, the chief accounting officer now owns 37,315 shares of the company's stock, valued at approximately $2,181,434.90. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Arcosa Stock Performance

Shares of ACA stock traded up $0.28 during mid-day trading on Monday, hitting $59.23. The stock had a trading volume of 180,521 shares, compared to its average volume of 210,420. Arcosa, Inc. has a fifty-two week low of $43.42 and a fifty-two week high of $65.80. The firm has a market cap of $2.86 billion, a PE ratio of 28.76 and a beta of 0.49. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 1.40. The company's 50-day simple moving average is $60.39 and its 200-day simple moving average is $56.15.

Arcosa (NYSE:ACA – Get Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.58 by $0.12. Arcosa had a net margin of 4.43% and a return on equity of 5.77%. The firm had revenue of $603.90 million during the quarter, compared to analysts' expectations of $580.94 million. During the same quarter last year, the business earned $0.57 earnings per share. The business's revenue for the quarter was up 8.0% compared to the same quarter last year. Sell-side analysts anticipate that Arcosa, Inc. will post 2.14 earnings per share for the current year.

Arcosa Dividend Announcement

Institutional Trading of Arcosa

Several hedge funds and other institutional investors have recently made changes to their positions in ACA. The Manufacturers Life Insurance Company acquired a new stake in shares of Arcosa in the first quarter valued at about $28,879,000. Capital World Investors increased its holdings in Arcosa by 19.0% during the 1st quarter. Capital World Investors now owns 1,881,470 shares of the company's stock valued at $107,714,000 after acquiring an additional 300,000 shares in the last quarter. Macquarie Group Ltd. increased its holdings in Arcosa by 57.4% during the 3rd quarter. Macquarie Group Ltd. now owns 399,419 shares of the company's stock valued at $22,893,000 after acquiring an additional 145,583 shares in the last quarter. Ancora Advisors LLC increased its holdings in Arcosa by 131.2% during the 1st quarter. Ancora Advisors LLC now owns 246,059 shares of the company's stock valued at $16,016,000 after acquiring an additional 139,639 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Arcosa by 5.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,459,593 shares of the company's stock valued at $140,639,000 after acquiring an additional 130,903 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company's stock.

Analyst Ratings Changes

Separately, Stephens cut shares of Arcosa from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $75.00 to $65.00 in a research note on Monday, November 7th.

About Arcosa

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Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, energy, and transportation markets in North America. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products. The Construction Products segment offers natural and recycled aggregates; specialty materials; and trench shields and shoring products for residential and non-residential construction, agriculture, specialty building products, as well as for infrastructure related projects.

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