Universal Beteiligungs und Servicegesellschaft mbH Decreases Stock Holdings in Vulcan Materials Company $VMC

Universal Beteiligungs und Servicegesellschaft mbH lowered its holdings in shares of Vulcan Materials Company (NYSE:VMC) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 219,589 shares of the construction company’s stock after selling 4,447 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Vulcan Materials were worth $67,550,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VMC. Vanguard Group Inc. lifted its holdings in shares of Vulcan Materials by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 16,895,644 shares of the construction company’s stock valued at $4,406,722,000 after acquiring an additional 195,982 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Vulcan Materials by 12.3% during the second quarter. JPMorgan Chase & Co. now owns 7,824,987 shares of the construction company’s stock worth $2,040,914,000 after acquiring an additional 857,210 shares during the last quarter. State Street Corp raised its position in Vulcan Materials by 1.7% during the second quarter. State Street Corp now owns 5,558,791 shares of the construction company’s stock valued at $1,449,844,000 after purchasing an additional 95,256 shares during the period. Geode Capital Management LLC lifted its stake in shares of Vulcan Materials by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 3,491,618 shares of the construction company’s stock valued at $906,961,000 after purchasing an additional 27,531 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Vulcan Materials by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 2,309,444 shares of the construction company’s stock worth $602,349,000 after purchasing an additional 133,523 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on VMC shares. Barclays increased their price target on Vulcan Materials from $305.00 to $320.00 and gave the company an “overweight” rating in a report on Monday, October 20th. JPMorgan Chase & Co. increased their price objective on shares of Vulcan Materials from $330.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Citigroup upped their target price on Vulcan Materials from $342.00 to $345.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Stifel Nicolaus set a $327.00 price objective on shares of Vulcan Materials in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada reduced their price target on shares of Vulcan Materials from $279.00 to $278.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Vulcan Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $319.92.

Insider Activity

In other news, SVP Denson N. Franklin III sold 665 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $295.00, for a total value of $196,175.00. Following the completion of the transaction, the senior vice president directly owned 8,284 shares in the company, valued at $2,443,780. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David P. Clement sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $288.55, for a total value of $577,100.00. Following the completion of the sale, the senior vice president owned 832 shares in the company, valued at approximately $240,073.60. This represents a 70.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 20,471 shares of company stock valued at $6,054,615. Company insiders own 0.61% of the company’s stock.

Vulcan Materials Stock Performance

Shares of Vulcan Materials stock opened at $296.23 on Wednesday. The company has a market capitalization of $39.14 billion, a PE ratio of 35.18, a P/E/G ratio of 2.32 and a beta of 1.06. The company has a 50-day simple moving average of $293.68 and a two-hundred day simple moving average of $290.44. Vulcan Materials Company has a one year low of $215.08 and a one year high of $313.37. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.56 and a current ratio of 2.23.

Vulcan Materials (NYSE:VMC) last issued its quarterly earnings data on Thursday, October 30th. The construction company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.72 by $0.12. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. Vulcan Materials had a net margin of 14.19% and a return on equity of 13.47%. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.22 EPS. Research analysts expect that Vulcan Materials Company will post 8.69 EPS for the current fiscal year.

Vulcan Materials Company Profile

Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.

Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.