Jackson Creek Investment Advisors LLC Buys Shares of 17,300 Arcosa, Inc. $ACA

Jackson Creek Investment Advisors LLC bought a new stake in Arcosa, Inc. (NYSE:ACA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,300 shares of the company’s stock, valued at approximately $1,839,000.

Other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in Arcosa by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 307 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of Arcosa by 47.8% during the 3rd quarter. Bessemer Group Inc. now owns 368 shares of the company’s stock worth $35,000 after purchasing an additional 119 shares in the last quarter. Allworth Financial LP raised its stake in shares of Arcosa by 392.5% during the 4th quarter. Allworth Financial LP now owns 394 shares of the company’s stock worth $42,000 after purchasing an additional 314 shares in the last quarter. Quarry LP raised its stake in shares of Arcosa by 160.0% during the 3rd quarter. Quarry LP now owns 403 shares of the company’s stock worth $38,000 after purchasing an additional 248 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Arcosa during the 4th quarter worth approximately $62,000. Institutional investors own 90.66% of the company’s stock.

Arcosa Stock Performance

ACA opened at $125.64 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.32 and a quick ratio of 1.60. The business has a fifty day simple moving average of $115.18 and a 200 day simple moving average of $112.90. Arcosa, Inc. has a 1 year low of $81.91 and a 1 year high of $135.58. The company has a market capitalization of $6.17 billion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 1.79 and a beta of 1.08.

Arcosa (NYSE:ACA) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.38. Arcosa had a return on equity of 8.52% and a net margin of 7.88%.The firm 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 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Research analysts expect that Arcosa, Inc. will post 4.22 EPS for the current year.

Arcosa Dividend Announcement

The firm 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 dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 15th. Arcosa’s dividend payout ratio (DPR) is currently 4.42%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Weiss Ratings cut Arcosa from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. DA Davidson upped their price objective on Arcosa from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Wall Street Zen downgraded shares of Arcosa from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Texas Capital upgraded Arcosa to a “strong-buy” rating in a report on Friday, March 27th. Finally, Zacks Research downgraded Arcosa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Arcosa has a consensus rating of “Moderate Buy” and an average target price of $132.50.

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.