AYAL Capital Advisors Ltd Grows Stock Position in Arcosa, Inc. $ACA

AYAL Capital Advisors Ltd raised its holdings in Arcosa, Inc. (NYSE:ACA) by 40.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 66,972 shares of the company’s stock after purchasing an additional 19,272 shares during the period. Arcosa makes up about 2.5% of AYAL Capital Advisors Ltd’s holdings, making the stock its 6th biggest holding. AYAL Capital Advisors Ltd’s holdings in Arcosa were worth $7,120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ACA. Farther Finance Advisors LLC grew its position in Arcosa by 73.4% in the fourth quarter. Farther Finance Advisors LLC now owns 307 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares during the last quarter. Quarry LP grew its position in Arcosa by 160.0% in the third quarter. Quarry LP now owns 403 shares of the company’s stock valued at $38,000 after acquiring an additional 248 shares during the last quarter. Allworth Financial LP grew its position in Arcosa by 392.5% in the fourth quarter. Allworth Financial LP now owns 394 shares of the company’s stock valued at $42,000 after acquiring an additional 314 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Arcosa during the fourth quarter worth about $62,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Arcosa by 77.2% during the second quarter. EverSource Wealth Advisors LLC now owns 739 shares of the company’s stock worth $64,000 after purchasing an additional 322 shares during the last quarter. Institutional investors own 90.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ACA shares. DA Davidson boosted their price target on Arcosa from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Zacks Research cut Arcosa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 28th. Texas Capital upgraded Arcosa to a “strong-buy” rating in a report on Friday, March 27th. Barclays boosted their price target on Arcosa from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Wall Street Zen upgraded Arcosa from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $138.33.

Arcosa Stock Performance

Shares of ACA stock opened at $133.71 on Thursday. The business’s 50 day simple moving average is $122.07 and its 200 day simple moving average is $115.74. Arcosa, Inc. has a one year low of $81.91 and a one year high of $136.00. The stock has a market capitalization of $6.57 billion, a PE ratio of 29.52, a PEG ratio of 1.95 and a beta of 1.06. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.32 and a quick ratio of 1.60.

Arcosa (NYSE:ACA) last announced its earnings results on Thursday, April 30th. The company reported $0.51 EPS for the quarter, beating 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 business had revenue of $571.70 million for the quarter, compared to analysts’ expectations of $642.40 million. During the same period in the prior year, the business posted $0.49 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. As a group, research analysts forecast that Arcosa, Inc. will post 4.25 earnings per share for the current year.

Arcosa Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.05 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $0.20 annualized dividend and a yield of 0.1%. Arcosa’s dividend payout ratio is presently 4.42%.

Arcosa Company 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.