Dynamic Technology Lab Private Ltd bought a new position in shares of Vulcan Materials (NYSE:VMC) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,320 shares of the construction company’s stock, valued at approximately $949,000.

A number of other large investors also recently made changes to their positions in the stock. MML Investors Services LLC raised its position in Vulcan Materials by 11.6% during the 4th quarter. MML Investors Services LLC now owns 3,933 shares of the construction company’s stock worth $505,000 after purchasing an additional 408 shares during the last quarter. IFM Investors Pty Ltd raised its position in Vulcan Materials by 11.0% during the 1st quarter. IFM Investors Pty Ltd now owns 4,414 shares of the construction company’s stock worth $504,000 after purchasing an additional 439 shares during the last quarter. Schroder Investment Management Group raised its position in Vulcan Materials by 25.1% during the 1st quarter. Schroder Investment Management Group now owns 2,489 shares of the construction company’s stock worth $284,000 after purchasing an additional 500 shares during the last quarter. Tiverton Asset Management LLC raised its position in Vulcan Materials by 41.9% during the 1st quarter. Tiverton Asset Management LLC now owns 2,008 shares of the construction company’s stock worth $229,000 after purchasing an additional 593 shares during the last quarter. Finally, Natixis Advisors L.P. raised its position in Vulcan Materials by 5.3% during the 1st quarter. Natixis Advisors L.P. now owns 12,233 shares of the construction company’s stock worth $1,396,000 after purchasing an additional 615 shares during the last quarter. 94.08% of the stock is owned by institutional investors and hedge funds.

In related news, VP John R. Mcpherson sold 21,618 shares of the business’s stock in a transaction dated Monday, June 11th. The stock was sold at an average price of $130.37, for a total value of $2,818,338.66. Following the completion of the sale, the vice president now directly owns 102,610 shares of the company’s stock, valued at approximately $13,377,265.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David P. Clement sold 1,828 shares of the business’s stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $124.00, for a total value of $226,672.00. Following the completion of the sale, the insider now directly owns 5,340 shares of the company’s stock, valued at $662,160. The disclosure for this sale can be found here. Insiders sold a total of 49,001 shares of company stock valued at $6,278,803 over the last ninety days. 0.81% of the stock is currently owned by corporate insiders.

Several research firms have recently weighed in on VMC. Bank of America raised Vulcan Materials from a “neutral” rating to a “buy” rating and set a $134.00 price objective for the company in a research report on Wednesday, May 2nd. Stephens set a $137.00 price objective on Vulcan Materials and gave the stock a “buy” rating in a research report on Friday, April 13th. Citigroup set a $150.00 price objective on Vulcan Materials and gave the stock a “buy” rating in a research report on Tuesday, February 27th. Jefferies Financial Group reissued a “hold” rating and issued a $129.00 price objective on shares of Vulcan Materials in a research report on Monday, April 23rd. Finally, Zacks Investment Research lowered Vulcan Materials from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. Vulcan Materials has a consensus rating of “Hold” and a consensus target price of $141.13.

Vulcan Materials opened at $127.76 on Wednesday, Marketbeat reports. Vulcan Materials has a 1-year low of $108.17 and a 1-year high of $141.20. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.73 and a quick ratio of 1.05. The stock has a market capitalization of $17.39 billion, a PE ratio of 42.03, a price-to-earnings-growth ratio of 1.41 and a beta of 1.01.

Vulcan Materials (NYSE:VMC) last issued its earnings results on Thursday, May 3rd. The construction company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. Vulcan Materials had a return on equity of 8.76% and a net margin of 15.40%. The business had revenue of $854.00 million during the quarter, compared to analyst estimates of $817.85 million. During the same period in the previous year, the company posted $0.34 EPS. The firm’s revenue was up 8.5% compared to the same quarter last year. analysts expect that Vulcan Materials will post 4.45 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 8th. Investors of record on Thursday, May 24th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend was Wednesday, May 23rd. Vulcan Materials’s payout ratio is 36.84%.

Vulcan Materials Profile

Vulcan Materials Company produces and supplies construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stone, sand and gravel, sand, and other aggregates; and related products and services for use in the construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities.

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Institutional Ownership by Quarter for Vulcan Materials (NYSE:VMC)

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