Arcosa, Inc. (NYSE:ACA) Stock Holdings Boosted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC lifted its position in Arcosa, Inc. (NYSE:ACA) by 24.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,894 shares of the company’s stock after buying an additional 12,827 shares during the period. Aptus Capital Advisors LLC owned approximately 0.13% of Arcosa worth $5,413,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. nVerses Capital LLC acquired a new position in Arcosa in the second quarter worth approximately $25,000. ICA Group Wealth Management LLC acquired a new position in shares of Arcosa in the 4th quarter worth $33,000. Scarborough Advisors LLC acquired a new stake in shares of Arcosa during the fourth quarter worth $42,000. Innealta Capital LLC purchased a new stake in shares of Arcosa during the second quarter valued at $69,000. Finally, Covestor Ltd lifted its holdings in shares of Arcosa by 38.8% during the first quarter. Covestor Ltd now owns 888 shares of the company’s stock valued at $77,000 after purchasing an additional 248 shares during the last quarter. Institutional investors and hedge funds own 90.66% of the company’s stock.

Insider Buying and Selling

In other news, insider Bryan Stevenson sold 4,000 shares of Arcosa stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $83.78, for a total transaction of $335,120.00. Following the completion of the sale, the insider now directly owns 35,333 shares in the company, valued at approximately $2,960,198.74. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Arcosa news, CEO Antonio Carrillo bought 12,125 shares of the stock in a transaction on Thursday, August 8th. The shares were purchased at an average cost of $82.05 per share, with a total value of $994,856.25. Following the completion of the transaction, the chief executive officer now directly owns 406,275 shares of the company’s stock, valued at approximately $33,334,863.75. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bryan Stevenson sold 4,000 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $83.78, for a total value of $335,120.00. Following the completion of the sale, the insider now directly owns 35,333 shares of the company’s stock, valued at approximately $2,960,198.74. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Arcosa Stock Up 1.1 %

Shares of ACA traded up $1.02 during trading hours on Friday, reaching $91.49. The company’s stock had a trading volume of 275,412 shares, compared to its average volume of 325,388. The company has a 50 day moving average of $85.91 and a two-hundred day moving average of $84.24. The company has a quick ratio of 1.36, a current ratio of 2.31 and a debt-to-equity ratio of 0.29. The firm has a market cap of $4.46 billion, a price-to-earnings ratio of 31.33 and a beta of 0.74. Arcosa, Inc. has a 1-year low of $61.98 and a 1-year high of $95.50.

Arcosa (NYSE:ACA) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.08. The firm had revenue of $664.70 million for the quarter, compared to analyst estimates of $661.54 million. Arcosa had a net margin of 6.05% and a return on equity of 6.35%. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 EPS. As a group, research analysts predict that Arcosa, Inc. will post 3.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ACA. Oppenheimer boosted their price objective on Arcosa from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Monday, August 19th. Stephens upgraded shares of Arcosa from an “equal weight” rating to an “overweight” rating and set a $96.00 price target on the stock in a report on Wednesday, August 7th. Finally, DA Davidson raised their price objective on shares of Arcosa from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, May 17th.

Arcosa Company Profile

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.