Tradewinds Capital Management LLC Invests $114,000 in Arcosa, Inc. (NYSE:ACA)

Tradewinds Capital Management LLC purchased a new position in shares of Arcosa, Inc. (NYSE:ACA) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,333 shares of the company’s stock, valued at approximately $114,000.

A number of other institutional investors have also recently bought and sold shares of the company. Criterion Capital Advisors LLC acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $33,000. ICA Group Wealth Management LLC acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $33,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $36,000. Scarborough Advisors LLC acquired a new position in shares of Arcosa in the fourth quarter valued at approximately $42,000. Finally, Quadrant Capital Group LLC boosted its holdings in shares of Arcosa by 22.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,072 shares of the company’s stock valued at $89,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 90.66% of the company’s stock.

Analyst Ratings Changes

Separately, DA Davidson boosted their price objective on shares of Arcosa from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Arcosa presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

Arcosa Stock Performance

NYSE ACA traded up $0.27 on Wednesday, hitting $81.92. 51,172 shares of the stock were exchanged, compared to its average volume of 223,895. The company has a market capitalization of $3.98 billion, a PE ratio of 27.98 and a beta of 0.74. The business’s fifty day moving average is $84.28 and its 200 day moving average is $82.43. Arcosa, Inc. has a 52 week low of $61.98 and a 52 week high of $89.44. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.28 and a quick ratio of 1.36.

Arcosa (NYSE:ACA) last issued its quarterly earnings data on Friday, May 3rd. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.21. The company had revenue of $598.60 million for the quarter, compared to analyst estimates of $580.06 million. Arcosa had a net margin of 6.05% and a return on equity of 6.13%. The company’s revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share. Research analysts anticipate that Arcosa, Inc. will post 3.58 EPS for the current fiscal year.

Arcosa Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.24%. The ex-dividend date is Monday, July 15th. Arcosa’s payout ratio is presently 6.85%.

Insider Activity

In related news, insider Kerry S. Cole sold 10,978 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $88.71, for a total value of $973,858.38. Following the transaction, the insider now directly owns 18,527 shares in the company, valued at $1,643,530.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.20% of the company’s stock.

About Arcosa

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.