3,670 Shares in Vulcan Materials (NYSE:VMC) Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC purchased a new position in shares of Vulcan Materials (NYSE:VMC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,670 shares of the construction company's stock, valued at approximately $944,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VMC. Murphy & Mullick Capital Management Corp acquired a new stake in Vulcan Materials during the fourth quarter worth about $30,000. SBI Securities Co. Ltd. acquired a new stake in Vulcan Materials during the fourth quarter worth about $31,000. Generali Asset Management SPA SGR acquired a new stake in Vulcan Materials during the fourth quarter worth about $32,000. Kapitalo Investimentos Ltda acquired a new stake in Vulcan Materials during the fourth quarter worth about $35,000. Finally, UMB Bank n.a. increased its stake in Vulcan Materials by 138.5% during the fourth quarter. UMB Bank n.a. now owns 186 shares of the construction company's stock worth $48,000 after acquiring an additional 108 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Vulcan Materials Price Performance

Shares of NYSE VMC opened at $271.65 on Friday. Vulcan Materials has a fifty-two week low of $215.08 and a fifty-two week high of $298.31. The business has a 50 day moving average price of $249.15 and a two-hundred day moving average price of $260.62. The company has a quick ratio of 2.02, a current ratio of 1.83 and a debt-to-equity ratio of 0.60. The firm has a market cap of $35.89 billion, a PE ratio of 39.66, a price-to-earnings-growth ratio of 2.03 and a beta of 0.84.

Vulcan Materials (NYSE:VMC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The construction company reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.20. Vulcan Materials had a return on equity of 12.83% and a net margin of 12.30%. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the firm earned $0.80 EPS. Vulcan Materials's quarterly revenue was up 5.8% on a year-over-year basis. Sell-side analysts expect that Vulcan Materials will post 8.69 earnings per share for the current fiscal year.

Vulcan Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.96 dividend on an annualized basis and a yield of 0.72%. Vulcan Materials's dividend payout ratio (DPR) is presently 27.80%.

Insider Buying and Selling at Vulcan Materials

In other Vulcan Materials news, SVP David P. Clement sold 1,500 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $270.00, for a total transaction of $405,000.00. Following the completion of the sale, the senior vice president now owns 2,832 shares in the company, valued at $764,640. This trade represents a 34.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on VMC shares. Raymond James dropped their price target on Vulcan Materials from $300.00 to $295.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. Morgan Stanley increased their target price on Vulcan Materials from $273.00 to $303.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Royal Bank of Canada increased their target price on Vulcan Materials from $269.00 to $286.00 and gave the company a "sector perform" rating in a research note on Wednesday, February 19th. Loop Capital lowered their target price on Vulcan Materials from $325.00 to $320.00 and set a "buy" rating for the company in a research note on Tuesday, April 1st. Finally, Wolfe Research upgraded Vulcan Materials from a "peer perform" rating to an "outperform" rating in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Vulcan Materials currently has a consensus rating of "Moderate Buy" and an average price target of $302.91.

Vulcan Materials Company Profile

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in 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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