EntryPoint Capital LLC Invests $379,000 in Vulcan Materials Company $VMC

Key Points

• EntryPoint Capital LLC has acquired a new stake in Vulcan Materials Company, buying 1,624 shares valued at approximately $379,000.
• Vulcan Materials reported $2.45 EPS for the last quarter, missing analysts' expectations, with revenue of $2.10 billion, below the anticipated $2.23 billion.
• The company has announced a quarterly dividend of $0.49, which will be paid on September 3rd, and its current dividend payout ratio stands at 27.37%.

EntryPoint Capital LLC purchased a new stake in Vulcan Materials Company (NYSE:VMC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,624 shares of the construction company's stock, valued at approximately $379,000.

A number of other large investors have also added to or reduced their stakes in VMC. Opal Wealth Advisors LLC bought a new stake in Vulcan Materials in the 1st quarter valued at $27,000. Kapitalo Investimentos Ltda bought a new stake in Vulcan Materials in the 4th quarter valued at $35,000. Manchester Capital Management LLC raised its stake in Vulcan Materials by 26.9% in the 1st quarter. Manchester Capital Management LLC now owns 184 shares of the construction company's stock valued at $43,000 after acquiring an additional 39 shares during the period. Wayfinding Financial LLC bought a new stake in Vulcan Materials in the 1st quarter valued at $45,000. Finally, Fourth Dimension Wealth LLC bought a new stake in Vulcan Materials in the 4th quarter valued at $46,000. Institutional investors own 90.39% of the company's stock.

Vulcan Materials Price Performance

Shares of VMC traded up $4.0170 during trading hours on Friday, hitting $292.2970. 529,856 shares of the company were exchanged, compared to its average volume of 1,045,533. The company has a market cap of $38.62 billion, a price-to-earnings ratio of 40.82, a P/E/G ratio of 2.39 and a beta of 0.83. Vulcan Materials Company has a fifty-two week low of $215.08 and a fifty-two week high of $298.31. The company has a quick ratio of 1.13, a current ratio of 1.67 and a debt-to-equity ratio of 0.52. The firm's fifty day moving average is $272.36 and its 200 day moving average is $259.08.

Vulcan Materials (NYSE:VMC - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The construction company reported $2.45 earnings per share for the quarter, missing the consensus estimate of $2.65 by ($0.20). The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.23 billion. Vulcan Materials had a net margin of 12.52% and a return on equity of 12.81%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $2.35 earnings per share. On average, equities analysts anticipate that Vulcan Materials Company will post 8.69 earnings per share for the current fiscal year.

Vulcan Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Thursday, August 14th will be given a $0.49 dividend. The ex-dividend date is Thursday, August 14th. This represents a $1.96 annualized dividend and a yield of 0.7%. Vulcan Materials's dividend payout ratio (DPR) is currently 27.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Stifel Nicolaus increased their price target on Vulcan Materials from $287.00 to $309.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. UBS Group raised Vulcan Materials from a "neutral" rating to a "buy" rating and upped their price objective for the company from $280.00 to $318.00 in a report on Friday, May 16th. Citigroup reaffirmed a "buy" rating and issued a $321.00 price objective (up from $305.00) on shares of Vulcan Materials in a report on Monday, August 4th. Stephens set a $315.00 price objective on Vulcan Materials and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Raymond James Financial decreased their price objective on Vulcan Materials from $300.00 to $295.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Vulcan Materials currently has an average rating of "Buy" and a consensus price target of $304.27.

Vulcan Materials 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.