John G Ullman & Associates Inc. Has $5.86 Million Holdings in Eagle Materials Inc $EXP

John G Ullman & Associates Inc. boosted its stake in shares of Eagle Materials Inc (NYSE:EXP) by 15.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,330 shares of the construction company’s stock after purchasing an additional 3,830 shares during the quarter. John G Ullman & Associates Inc. owned 0.09% of Eagle Materials worth $5,855,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EXP. Versant Capital Management Inc raised its stake in Eagle Materials by 130.9% during the 3rd quarter. Versant Capital Management Inc now owns 127 shares of the construction company’s stock valued at $30,000 after purchasing an additional 72 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Eagle Materials during the 3rd quarter valued at $30,000. Measured Wealth Private Client Group LLC acquired a new position in Eagle Materials during the 3rd quarter valued at $34,000. EverSource Wealth Advisors LLC raised its stake in Eagle Materials by 102.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 172 shares of the construction company’s stock valued at $35,000 after purchasing an additional 87 shares during the last quarter. Finally, Eastern Bank acquired a new position in Eagle Materials during the 3rd quarter valued at $49,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Eagle Materials Stock Down 3.7%

EXP opened at $194.63 on Friday. The firm’s 50-day simple moving average is $196.11 and its 200-day simple moving average is $211.39. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.68 and a current ratio of 4.27. Eagle Materials Inc has a twelve month low of $171.99 and a twelve month high of $243.64. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 14.73 and a beta of 1.38.

Analysts Set New Price Targets

EXP has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Eagle Materials from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup dropped their price objective on shares of Eagle Materials from $232.00 to $224.00 and set a “neutral” rating for the company in a research note on Tuesday, February 3rd. Wells Fargo & Company upped their target price on shares of Eagle Materials from $240.00 to $246.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Royal Bank Of Canada set a $208.00 target price on shares of Eagle Materials in a research note on Tuesday, February 24th. Finally, Stephens reissued an “equal weight” rating and issued a $245.00 target price on shares of Eagle Materials in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $228.82.

About Eagle Materials

Eagle Materials Inc (NYSE:EXP) is a Dallas, Texas–based manufacturer of building materials serving construction and heavy industry markets across the United States. The company’s primary products include portland and masonry cements, gypsum wallboard, lightweight aggregate, paperboard packaging, and roofing granules. These product lines support a wide range of end uses—from residential and commercial buildings to infrastructure projects and industrial applications.

Since its spin-off from a major homebuilding company in 2004, Eagle Materials has grown through targeted facility expansions and strategic acquisitions.