2 weeks Ago By Defense World Staff
Bank of Montreal Can decreased its holdings in shares of Arcosa, Inc. ( NYSE:ACA – Free Report ) by 47.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 8,234 shares of the company’s stock after selling 7,494 shares during the quarter. Bank of Montreal Can’s holdings in Arcosa were worth $797,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also recently bought and sold shares of the business.
Vanguard Group Inc. lifted its position in shares of Arcosa by 0.3% in the fourth quarter.
Vanguard Group Inc. now owns 5,666,144 shares of the company’s stock worth $548,143,000 after purchasing an additional 14,207 shares in the last quarter. Franklin Resources Inc.
lifted its position in Arcosa by 6.5% in the 3rd quarter. Franklin Resources Inc.
now owns 778,246 shares of the company’s stock worth $74,214,000 after buying an additional 47,474 shares in the last quarter. Norges Bank acquired a new stake in shares of Arcosa during the 4th quarter valued at $73,178,000. Charles Schwab Investment Management Inc.
grew its holdings 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 in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Arcosa by 16.
9% in the fourth quarter. JPMorgan Chase & Co. now owns 490,954 shares of the company’s stock worth $47,495,000 after acquiring an additional 70,919 shares during the last quarter.
90.66% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades Separately, Oppenheimer lifted their price objective on Arcosa from $105.
00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. Arcosa Stock Performance ACA stock opened at $77.
47 on Friday. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 29.
45 and a beta of 0.85. The firm has a 50 day moving average of $83.
04 and a two-hundred day moving average of $94.23. The company has a quick ratio of 2.
77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51.
Arcosa, Inc. has a 12 month low of $68.11 and a 12 month high of $113.
43. Arcosa Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.
05 per share. This represents a $0.20 annualized dividend and a yield of 0.
26%. The ex-dividend date is Tuesday, April 15th. Arcosa’s payout ratio is 10.
47%. About Arcosa ( Free Report ) 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.
Further Reading Five stocks we like better than Arcosa Breakout Stocks: What They Are and How to Identify Them J.B. Hunt Transport Overcorrects Into a Buying Opportunity What is a Dividend King? AppLovin: Can Record Profits Overcome Market Skepticism? High Flyers: 3 Natural Gas Stocks for March 2022 MarketBeat Week in Review – 04/14 – 04/18 Want to see what other hedge funds are holding ACA? Visit HoldingsChannel.
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