Cascade Investment Advisors Inc. Buys Shares of 10,477 Arcosa Inc (ACA)
Cascade Investment Advisors Inc. bought a new position in Arcosa Inc (NYSE:ACA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,477 shares of the company’s stock, valued at approximately $290,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Shine Investment Advisory Services Inc. bought a new stake in shares of Arcosa in the 4th quarter worth about $31,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Arcosa in the 4th quarter worth about $78,000. CenterStar Asset Management LLC bought a new stake in shares of Arcosa in the 4th quarter worth about $95,000. Boston Advisors LLC bought a new stake in shares of Arcosa in the 4th quarter worth about $208,000. Finally, Strategic Wealth Partners Ltd. bought a new stake in shares of Arcosa in the 4th quarter worth about $241,000. 0.48% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have recently weighed in on ACA. Zacks Investment Research lowered shares of Arcosa from a “buy” rating to a “hold” rating in a report on Monday, January 21st. Gabelli began coverage on shares of Arcosa in a report on Tuesday, November 6th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Susquehanna Bancshares began coverage on shares of Arcosa in a report on Monday, November 5th. They issued a “positive” rating and a $37.00 target price on the stock.
The business also recently declared a Not Available dividend, which will be paid on Thursday, January 31st. Investors of record on Tuesday, January 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, January 14th.
Arcosa, Inc manufactures and sells infrastructure-related products and services for the construction, energy, and transportation markets. It operates through three segments: Construction Products Group, Energy Equipment Group, and Transportation Products Group. The Construction Products Group segment offers lightweight and natural construction aggregates, and trench shields and shoring products that are used in construction landscape, including commercial, industrial, road and bridge, and underground construction.
Read More: Why do company’s buyback their stock?
Want to see what other hedge funds are holding ACA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arcosa Inc (NYSE:ACA).
Receive News & Ratings for Arcosa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arcosa and related companies with MarketBeat.com's FREE daily email newsletter.