Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Position in Eagle Materials Inc $EXP

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH lowered its position by 33.1% in Eagle Materials (NYSE:EXP) in Q4, ending the period with 19,281 shares (about 0.06% ownership) worth roughly $3.99 million.
• Eagle Materials missed Q4 expectations, reporting $3.22 EPS versus a $3.32 consensus and roughly flat revenue (~$556M) year-over-year, and it pays a $0.25 quarterly dividend (annualized $1.00, ~0.5% yield).
• Analyst sentiment is mixed—the consensus rating is "Hold" with an average price target of $228.82, while recent target revisions range from $210 to $246 and analyst ratings include 2 Buys, 10 Holds, and 1 Sell.

Universal Beteiligungs und Servicegesellschaft mbH lowered its position in Eagle Materials Inc (NYSE:EXP - Free Report) by 33.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,281 shares of the construction company's stock after selling 9,538 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Eagle Materials worth $3,985,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Park Avenue Securities LLC boosted its position in shares of Eagle Materials by 1.5% in the third quarter. Park Avenue Securities LLC now owns 2,962 shares of the construction company's stock valued at $690,000 after acquiring an additional 45 shares during the period. Caisse de depot et placement du Quebec boosted its position in shares of Eagle Materials by 3.6% in the third quarter. Caisse de depot et placement du Quebec now owns 1,426 shares of the construction company's stock valued at $332,000 after acquiring an additional 50 shares during the period. Signaturefd LLC boosted its position in shares of Eagle Materials by 15.8% in the fourth quarter. Signaturefd LLC now owns 389 shares of the construction company's stock valued at $80,000 after acquiring an additional 53 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Eagle Materials by 20.3% in the third quarter. Smartleaf Asset Management LLC now owns 326 shares of the construction company's stock valued at $76,000 after acquiring an additional 55 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Eagle Materials by 5.9% in the fourth quarter. GAMMA Investing LLC now owns 1,048 shares of the construction company's stock valued at $217,000 after acquiring an additional 58 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

Eagle Materials Stock Down 1.3%

Shares of NYSE EXP opened at $204.64 on Thursday. The company has a quick ratio of 2.68, a current ratio of 4.27 and a debt-to-equity ratio of 1.17. Eagle Materials Inc has a 52 week low of $171.99 and a 52 week high of $243.64. The firm's fifty day moving average is $199.73 and its 200 day moving average is $213.51. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 15.49 and a beta of 1.39.

Eagle Materials (NYSE:EXP - Get Free Report) last issued its earnings results on Thursday, January 29th. The construction company reported $3.22 EPS for the quarter, missing the consensus estimate of $3.32 by ($0.10). Eagle Materials had a return on equity of 28.96% and a net margin of 18.70%.The firm had revenue of $555.96 million during the quarter, compared to analysts' expectations of $556.41 million. During the same period in the previous year, the firm earned $3.59 earnings per share. The firm's quarterly revenue was down .4% compared to the same quarter last year. On average, equities research analysts expect that Eagle Materials Inc will post 12.72 earnings per share for the current year.

Eagle Materials Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Monday, March 16th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 16th. Eagle Materials's payout ratio is presently 7.57%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on EXP shares. Citigroup cut 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 report on Tuesday, February 3rd. DA Davidson cut their price objective on shares of Eagle Materials from $225.00 to $210.00 and set a "neutral" rating for the company in a research report on Monday, February 2nd. Wells Fargo & Company raised their price objective on shares of Eagle Materials from $240.00 to $246.00 and gave the company an "overweight" rating in a research report on Wednesday, April 15th. Stephens reiterated an "equal weight" rating and set a $245.00 target price on shares of Eagle Materials in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $215.00 target price (down from $230.00) on shares of Eagle Materials in a research report on Monday, February 16th. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target 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.

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