Victory Capital Management Inc. Sells 346,115 Shares of Arcosa, Inc. (NYSE:ACA)

Victory Capital Management Inc. trimmed its stake in Arcosa, Inc. (NYSE:ACAGet Rating) by 35.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 622,586 shares of the company’s stock after selling 346,115 shares during the period. Victory Capital Management Inc.’s holdings in Arcosa were worth $35,579,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ACA. Allspring Global Investments Holdings LLC purchased a new stake in Arcosa in the fourth quarter worth approximately $318,000. Yousif Capital Management LLC purchased a new stake in Arcosa in the fourth quarter worth approximately $2,319,000. CWM LLC purchased a new stake in Arcosa in the fourth quarter worth approximately $73,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Arcosa by 36.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,771 shares of the company’s stock worth $357,000 after buying an additional 1,804 shares in the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in Arcosa by 22.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 49,290 shares of the company’s stock worth $2,597,000 after buying an additional 9,156 shares in the last quarter. 89.41% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Kerry S. Cole sold 10,500 shares of the stock in a transaction that occurred on Thursday, June 2nd. The stock was sold at an average price of $52.82, for a total transaction of $554,610.00. Following the completion of the sale, the insider now owns 23,475 shares of the company’s stock, valued at $1,239,949.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.76% of the stock is owned by insiders.

Arcosa Stock Down 0.7 %

Shares of ACA opened at $51.78 on Wednesday. The firm has a market cap of $2.50 billion, a P/E ratio of 34.07 and a beta of 0.55. The stock has a 50 day simple moving average of $48.97 and a two-hundred day simple moving average of $51.24. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.08 and a quick ratio of 1.24. Arcosa, Inc. has a 1 year low of $43.42 and a 1 year high of $59.82.

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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Institutional Ownership by Quarter for Arcosa (NYSE:ACA)

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