Murphy & Mullick Capital Management Corp Invests $200,000 in Arcosa, Inc. (NYSE:ACA)

Murphy & Mullick Capital Management Corp acquired a new stake in Arcosa, Inc. (NYSE:ACA) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,065 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors have also added to or reduced their stakes in ACA. GAMMA Investing LLC lifted its stake in shares of Arcosa by 80.9% during the 4th quarter. GAMMA Investing LLC now owns 331 shares of the company’s stock valued at $32,000 after buying an additional 148 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Arcosa by 1.2% during the fourth quarter. Arizona State Retirement System now owns 14,159 shares of the company’s stock worth $1,370,000 after acquiring an additional 170 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Arcosa by 16.4% in the fourth quarter. Blue Trust Inc. now owns 1,240 shares of the company’s stock worth $118,000 after acquiring an additional 175 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Arcosa by 0.4% in the fourth quarter. HighTower Advisors LLC now owns 72,916 shares of the company’s stock worth $7,054,000 after acquiring an additional 284 shares during the period. Finally, Xponance Inc. grew its position in shares of Arcosa by 10.0% in the fourth quarter. Xponance Inc. now owns 3,505 shares of the company’s stock valued at $339,000 after purchasing an additional 319 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Oppenheimer raised their target price on Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 14th.

Arcosa Stock Down 1.5 %

Shares of NYSE:ACA opened at $81.15 on Thursday. The firm has a fifty day moving average price of $92.02 and a two-hundred day moving average price of $96.18. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 30.86 and a beta of 0.81. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.61 and a quick ratio of 2.77. Arcosa, Inc. has a one year low of $72.75 and a one year high of $113.43.

Arcosa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Tuesday, April 15th. Arcosa’s dividend payout ratio is 10.47%.

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.