7,673 Shares in Arcosa, Inc. $ACA Acquired by Schuylkill Financial LLC

Schuylkill Financial LLC acquired a new stake in Arcosa, Inc. (NYSE:ACA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 7,673 shares of the company’s stock, valued at approximately $1,115,000. Arcosa comprises about 1.0% of Schuylkill Financial LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC acquired a new position in shares of Arcosa during the second quarter worth $240,000. Nykredit A S acquired a new stake in shares of Arcosa during the 2nd quarter valued at $428,000. Moore Capital Management LP bought a new stake in Arcosa during the 2nd quarter worth $5,446,000. Two Sigma Securities LLC bought a new stake in Arcosa during the 2nd quarter worth $365,000. Finally, Greenleaf Trust acquired a new position in Arcosa in the 2nd quarter worth about $226,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Texas Capital lowered Arcosa from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised Arcosa from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings upgraded shares of Arcosa from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, August 21st. Citigroup downgraded shares of Arcosa to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research raised shares of Arcosa from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $141.25.

Arcosa Stock Up 0.0%

Shares of ACA opened at $145.55 on Friday. The company has a market capitalization of $7.15 billion, a PE ratio of 14.58, a PEG ratio of 2.19 and a beta of 1.07. Arcosa, Inc. has a 12 month low of $89.03 and a 12 month high of $146.92. The stock’s 50-day moving average price is $145.14 and its two-hundred day moving average price is $128.43. The company has a current ratio of 3.12, a quick ratio of 2.31 and a debt-to-equity ratio of 0.48.

Arcosa (NYSE:ACA) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.05). Arcosa had a net margin of 17.90% and a return on equity of 7.90%. The company had revenue of $658.70 million during the quarter, compared to analyst estimates of $687.50 million. During the same period in the previous year, the company posted $1.27 EPS. The company’s quarterly revenue was down 10.6% on a year-over-year basis. On average, analysts anticipate that Arcosa, Inc. will post 4.16 EPS for the current year.

Arcosa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be issued a $0.05 dividend. The ex-dividend date is Thursday, October 15th. This represents a $0.20 annualized dividend and a yield of 0.1%. Arcosa’s dividend payout ratio is presently 2.00%.

Arcosa Profile

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.