Vulcan Materials Company $VMC Shares Sold by Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna trimmed its stake in shares of Vulcan Materials Company (NYSE:VMC) by 34.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,805 shares of the construction company’s stock after selling 3,000 shares during the quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna’s holdings in Vulcan Materials were worth $1,656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Syon Capital LLC raised its position in shares of Vulcan Materials by 7.0% during the 4th quarter. Syon Capital LLC now owns 3,053 shares of the construction company’s stock worth $871,000 after purchasing an additional 201 shares during the period. Mercuria Capital Strategies LLC acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $5,017,000. Nemes Rush Group LLC raised its position in shares of Vulcan Materials by 7.5% during the 4th quarter. Nemes Rush Group LLC now owns 1,112 shares of the construction company’s stock worth $317,000 after purchasing an additional 78 shares during the period. 111 Capital acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $538,000. Finally, MCF Advisors LLC raised its position in shares of Vulcan Materials by 18.9% during the 4th quarter. MCF Advisors LLC now owns 743 shares of the construction company’s stock worth $212,000 after purchasing an additional 118 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VMC. Raymond James Financial set a $325.00 price target on Vulcan Materials in a research report on Thursday, April 30th. Morgan Stanley dropped their price target on Vulcan Materials from $322.00 to $321.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Berenberg Bank set a $283.00 price target on Vulcan Materials and gave the stock a “hold” rating in a research report on Tuesday. Wall Street Zen upgraded Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Stifel Nicolaus set a $333.00 target price on Vulcan Materials in a research report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $326.92.

Vulcan Materials Stock Down 0.6%

VMC opened at $281.49 on Friday. Vulcan Materials Company has a 12 month low of $252.35 and a 12 month high of $331.09. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.59 and a quick ratio of 1.89. The stock has a market cap of $36.53 billion, a P/E ratio of 33.47, a P/E/G ratio of 2.03 and a beta of 1.05. The stock’s 50 day moving average price is $281.77 and its 200 day moving average price is $290.24.

Vulcan Materials (NYSE:VMC) last posted its earnings results on Wednesday, April 29th. The construction company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.10 by $0.25. Vulcan Materials had a return on equity of 12.95% and a net margin of 13.81%.The firm had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same period last year, the firm earned $1.00 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. As a group, research analysts predict that Vulcan Materials Company will post 9.29 earnings per share for the current year.

Vulcan Materials Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.52 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.08 annualized dividend and a dividend yield of 0.7%. Vulcan Materials’s dividend payout ratio (DPR) is 24.73%.

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.