Siemens Fonds Invest GmbH Purchases 2,944 Shares of Vulcan Materials (NYSE:VMC)

Siemens Fonds Invest GmbH boosted its holdings in Vulcan Materials (NYSE:VMC - Free Report) by 211.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,335 shares of the construction company's stock after buying an additional 2,944 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Vulcan Materials were worth $1,115,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VMC. Murphy & Mullick Capital Management Corp acquired a new stake in Vulcan Materials during the 4th quarter valued at approximately $30,000. SBI Securities Co. Ltd. acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $31,000. Generali Asset Management SPA SGR acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $32,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $35,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in shares of Vulcan Materials during the 4th quarter worth approximately $46,000. Institutional investors own 90.39% of the company's stock.

Analyst Ratings Changes

VMC has been the subject of several recent analyst reports. Stephens set a $315.00 price objective on shares of Vulcan Materials and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley raised their price objective on shares of Vulcan Materials from $273.00 to $303.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Royal Bank of Canada raised their price objective on shares of Vulcan Materials from $269.00 to $286.00 and gave the stock a "sector perform" rating in a research report on Wednesday, February 19th. Raymond James cut their target price on Vulcan Materials from $300.00 to $295.00 and set an "outperform" rating on the stock in a report on Tuesday, April 29th. Finally, Stifel Nicolaus increased their target price on Vulcan Materials from $287.00 to $309.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Vulcan Materials presently has a consensus rating of "Moderate Buy" and a consensus target price of $302.91.

Insider Buying and Selling at Vulcan Materials

In other news, SVP David P. Clement sold 1,500 shares of the business's stock in a transaction dated 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 transaction, the senior vice president now owns 2,832 shares of the company's stock, valued at approximately $764,640. The trade was a 34.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.62% of the company's stock.

Vulcan Materials Stock Performance

Shares of NYSE VMC traded down $1.97 during mid-day trading on Monday, reaching $263.10. 818,093 shares of the company's stock were exchanged, compared to its average volume of 962,897. The firm has a 50-day moving average price of $252.99 and a two-hundred day moving average price of $259.27. Vulcan Materials has a 52 week low of $215.08 and a 52 week high of $298.31. The firm has a market capitalization of $34.76 billion, a price-to-earnings ratio of 38.41, a price-to-earnings-growth ratio of 2.03 and a beta of 0.84. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.83 and a quick ratio of 2.02.

Vulcan Materials (NYSE:VMC - Get Free Report) last posted its earnings results 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. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Vulcan Materials had a return on equity of 12.83% and a net margin of 12.30%. The company's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 EPS. Analysts predict that Vulcan Materials will post 8.69 EPS for the current year.

Vulcan Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Friday, May 23rd. Vulcan Materials's payout ratio is presently 27.80%.

About Vulcan Materials

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.