Arcosa, Inc. $ACA Shares Acquired by AYAL Capital Advisors Ltd

AYAL Capital Advisors Ltd raised its holdings in shares of Arcosa, Inc. (NYSE:ACA) by 40.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,972 shares of the company’s stock after purchasing an additional 19,272 shares during the quarter. Arcosa makes up 2.5% of AYAL Capital Advisors Ltd’s holdings, making the stock its 6th biggest position. AYAL Capital Advisors Ltd owned about 0.14% of Arcosa worth $7,120,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ACA. AQR Capital Management LLC lifted its holdings in Arcosa by 20.6% during the 1st quarter. AQR Capital Management LLC now owns 8,326 shares of the company’s stock valued at $642,000 after purchasing an additional 1,423 shares during the last quarter. United Services Automobile Association acquired a new stake in Arcosa during the 1st quarter valued at $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Arcosa by 11.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,244 shares of the company’s stock valued at $11,047,000 after purchasing an additional 14,723 shares during the last quarter. Jane Street Group LLC lifted its holdings in Arcosa by 193.8% during the 1st quarter. Jane Street Group LLC now owns 105,243 shares of the company’s stock valued at $8,116,000 after purchasing an additional 69,427 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Arcosa by 1.4% during the second quarter. American Century Companies Inc. now owns 12,690 shares of the company’s stock worth $1,100,000 after buying an additional 181 shares in the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Arcosa Stock Up 0.8%

Shares of NYSE ACA opened at $133.71 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.60 and a current ratio of 2.32. Arcosa, Inc. has a 52 week low of $81.91 and a 52 week high of $136.00. The stock has a market capitalization of $6.57 billion, a P/E ratio of 29.52, a PEG ratio of 1.95 and a beta of 1.06. The stock’s fifty day moving average is $122.07 and its 200 day moving average is $115.74.

Arcosa (NYSE:ACA) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.38. Arcosa had a return on equity of 8.52% and a net margin of 7.88%.The company had revenue of $571.70 million for the quarter, compared to analysts’ expectations of $642.40 million. During the same quarter last year, the business earned $0.49 earnings per share. Arcosa’s revenue was up 5.0% on a year-over-year basis. Sell-side analysts forecast that Arcosa, Inc. will post 4.25 earnings per share for the current fiscal year.

Arcosa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a $0.05 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.1%. Arcosa’s dividend payout ratio (DPR) is presently 4.42%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ACA shares. Weiss Ratings downgraded Arcosa from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Zacks Research downgraded Arcosa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 28th. Texas Capital raised Arcosa to a “strong-buy” rating in a report on Friday, March 27th. Wall Street Zen raised Arcosa from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Barclays lifted their target price on Arcosa from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $138.33.

About Arcosa

Arcosa, Inc (NYSE: ACA) is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries’ construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company’s Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.