Eric D. Hurst Sells 835 Shares of Arcosa, Inc. (NYSE:ACA) Stock

Arcosa, Inc. (NYSE:ACA) VP Eric D. Hurst sold 835 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $88.57, for a total value of $73,955.95. Following the sale, the vice president now owns 4,112 shares of the company’s stock, valued at approximately $364,199.84. The trade was a 16.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Arcosa Stock Performance

Shares of Arcosa stock opened at $89.14 on Friday. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $80.29 and a two-hundred day moving average price of $92.76. Arcosa, Inc. has a 1-year low of $68.11 and a 1-year high of $113.43. The company has a market cap of $4.35 billion, a P/E ratio of 33.89 and a beta of 1.00.

Arcosa (NYSE:ACA) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.20. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The firm had revenue of $632.00 million during the quarter, compared to the consensus estimate of $613.95 million. During the same period last year, the business posted $0.73 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. As a group, analysts anticipate that Arcosa, Inc. will post 3.23 EPS for the current year.

Arcosa Announces Dividend

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 paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.22%. Arcosa’s dividend payout ratio is presently 12.58%.

Institutional Trading of Arcosa

Several large investors have recently made changes to their positions in ACA. Banque Cantonale Vaudoise acquired a new stake in shares of Arcosa in the 1st quarter valued at about $28,000. Proficio Capital Partners LLC acquired a new stake in shares of Arcosa in the 4th quarter valued at about $30,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Arcosa in the 4th quarter valued at about $52,000. Versant Capital Management Inc grew its stake in shares of Arcosa by 81.5% in the 1st quarter. Versant Capital Management Inc now owns 804 shares of the company’s stock valued at $62,000 after buying an additional 361 shares during the period. Finally, AlphaQuest LLC grew its stake in shares of Arcosa by 12,050.0% in the 4th quarter. AlphaQuest LLC now owns 729 shares of the company’s stock valued at $71,000 after buying an additional 723 shares during the period. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Arcosa Company 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.