Guggenheim Capital LLC Has $754,000 Stock Holdings in Eagle Materials Inc. (NYSE:EXP)

Guggenheim Capital LLC trimmed its holdings in shares of Eagle Materials Inc. (NYSE:EXP - Free Report) by 79.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,054 shares of the construction company's stock after selling 12,119 shares during the period. Guggenheim Capital LLC's holdings in Eagle Materials were worth $754,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Private Trust Co. NA boosted its holdings in shares of Eagle Materials by 53.0% during the fourth quarter. Private Trust Co. NA now owns 205 shares of the construction company's stock worth $51,000 after purchasing an additional 71 shares during the period. Huntington National Bank grew its holdings in shares of Eagle Materials by 154.8% during the 4th quarter. Huntington National Bank now owns 237 shares of the construction company's stock valued at $58,000 after acquiring an additional 144 shares in the last quarter. R Squared Ltd purchased a new position in Eagle Materials in the fourth quarter valued at about $81,000. Smartleaf Asset Management LLC raised its stake in shares of Eagle Materials by 10.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 569 shares of the construction company's stock worth $140,000 after purchasing an additional 56 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Eagle Materials by 10.6% during the 4th quarter. GAMMA Investing LLC now owns 676 shares of the construction company's stock valued at $167,000 after buying an additional 65 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on EXP shares. Loop Capital decreased their price target on shares of Eagle Materials from $280.00 to $245.00 and set a "hold" rating on the stock in a research report on Tuesday, April 1st. DA Davidson reduced their price target on shares of Eagle Materials from $265.00 to $260.00 and set a "neutral" rating on the stock in a research report on Thursday, January 30th. Truist Financial dropped their price objective on shares of Eagle Materials from $330.00 to $280.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Stifel Nicolaus assumed coverage on Eagle Materials in a research report on Tuesday, March 4th. They set a "hold" rating and a $242.00 price target on the stock. Finally, Citigroup lowered shares of Eagle Materials from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $334.00 to $280.00 in a research report on Monday, January 6th. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Eagle Materials presently has a consensus rating of "Hold" and a consensus target price of $274.40.

Insider Buying and Selling

In other Eagle Materials news, Director Michael R. Nicolais bought 310 shares of the firm's stock in a transaction on Monday, February 10th. The shares were purchased at an average price of $257.36 per share, for a total transaction of $79,781.60. Following the completion of the transaction, the director now directly owns 3,655 shares in the company, valued at approximately $940,650.80. The trade was a 9.27 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Eagle Materials Stock Performance

Shares of NYSE:EXP traded down $0.40 on Tuesday, reaching $220.97. 48,485 shares of the company's stock were exchanged, compared to its average volume of 331,952. The company has a current ratio of 2.76, a quick ratio of 1.01 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $7.36 billion, a price-to-earnings ratio of 15.73 and a beta of 1.25. The company has a fifty day moving average of $220.06 and a 200-day moving average of $255.20. Eagle Materials Inc. has a twelve month low of $201.61 and a twelve month high of $321.93.

Eagle Materials Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 17th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Monday, March 17th. Eagle Materials's dividend payout ratio (DPR) is presently 7.14%.

Eagle Materials Company Profile

Eagle Materials Inc, through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States. It operates in four segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement, including Portland limestone cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures, as well as well as containerboard and lightweight packaging grades; manufacture and sale of recycled paperboard to the gypsum wallboard industry and other paperboard converters; the sale of readymix concrete; and mining and sale of aggregates, such as crushed stone, sand, and gravel.