SG Americas Securities LLC Purchases 7,972 Shares of Arcosa, Inc. (NYSE:ACA)

SG Americas Securities LLC grew its position in Arcosa, Inc. (NYSE:ACA) by 267.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,950 shares of the company’s stock after purchasing an additional 7,972 shares during the quarter. SG Americas Securities LLC’s holdings in Arcosa were worth $844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in shares of Arcosa by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 658,875 shares of the company’s stock valued at $63,740,000 after acquiring an additional 14,708 shares during the last quarter. JPMorgan Chase & Co. raised its position in Arcosa by 16.9% during the 4th quarter. JPMorgan Chase & Co. now owns 490,954 shares of the company’s stock valued at $47,495,000 after purchasing an additional 70,919 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Arcosa in the 4th quarter worth approximately $15,919,000. Proficio Capital Partners LLC bought a new stake in Arcosa during the fourth quarter valued at about $30,000. Finally, TCW Group Inc. boosted its stake in Arcosa by 11.0% in the fourth quarter. TCW Group Inc. now owns 45,673 shares of the company’s stock valued at $4,418,000 after acquiring an additional 4,539 shares in the last quarter. 90.66% of the stock is owned by institutional investors.

Arcosa Trading Up 0.2%

Arcosa stock opened at $86.80 on Friday. The stock has a 50-day moving average of $84.47 and a two-hundred day moving average of $89.98. The stock has a market cap of $4.24 billion, a PE ratio of 54.59 and a beta of 1.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.27 and a current ratio of 1.98. Arcosa, Inc. has a one year low of $68.11 and a one year high of $113.43.

Arcosa (NYSE:ACA) last issued its earnings results on Tuesday, May 6th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.20. The firm had revenue of $632.00 million for the quarter, compared to analyst estimates of $613.95 million. Arcosa had a return on equity of 5.59% and a net margin of 3.00%. Arcosa’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 earnings per share. On average, research analysts anticipate that Arcosa, Inc. will post 3.23 EPS for the current fiscal year.

Arcosa Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend is Tuesday, July 15th. Arcosa’s dividend payout ratio (DPR) is 12.58%.

Insider Transactions at Arcosa

In other news, VP Eric D. Hurst sold 835 shares of the company’s stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $88.57, for a total value of $73,955.95. Following the completion of the sale, the vice president now directly owns 4,112 shares in the company, valued at $364,199.84. This represents a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jesse E. Jr. Collins sold 8,616 shares of Arcosa stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $86.40, for a total value of $744,422.40. Following the transaction, the insider now owns 12,551 shares in the company, valued at approximately $1,084,406.40. This represents a 40.70% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

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.