Vulcan Materials (NYSE:VMC) Shares Acquired by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP grew its position in Vulcan Materials (NYSE:VMC - Free Report) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,007 shares of the construction company's stock after purchasing an additional 1,007 shares during the quarter. Hudson Bay Capital Management LP's holdings in Vulcan Materials were worth $11,577,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in Vulcan Materials by 16.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 254 shares of the construction company's stock valued at $65,000 after acquiring an additional 36 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Vulcan Materials by 2.5% in the fourth quarter. Quadrant Capital Group LLC now owns 1,791 shares of the construction company's stock valued at $461,000 after purchasing an additional 44 shares in the last quarter. Howard Capital Management Inc. increased its holdings in shares of Vulcan Materials by 5.2% during the fourth quarter. Howard Capital Management Inc. now owns 906 shares of the construction company's stock valued at $233,000 after acquiring an additional 45 shares in the last quarter. Washington Trust Advisors Inc. increased its holdings in Vulcan Materials by 30.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 208 shares of the construction company's stock worth $54,000 after purchasing an additional 48 shares in the last quarter. Finally, Sound View Wealth Advisors Group LLC raised its position in Vulcan Materials by 4.3% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 1,169 shares of the construction company's stock valued at $301,000 after buying an additional 48 shares during the last quarter. Institutional investors own 90.39% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VMC. Stifel Nicolaus upped their target price on Vulcan Materials from $287.00 to $309.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Stephens set a $315.00 price target on Vulcan Materials and gave the company an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley upped 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. Citigroup reaffirmed a "buy" rating on shares of Vulcan Materials in a research note on Monday, March 24th. Finally, JPMorgan Chase & Co. raised Vulcan Materials from a "neutral" rating to an "overweight" rating and lowered their target price for the company from $290.00 to $285.00 in a research note on Wednesday, March 19th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Vulcan Materials has an average rating of "Moderate Buy" and a consensus price target of $302.91.

Vulcan Materials Stock Up 1.8%

NYSE VMC traded up $4.75 during trading on Friday, hitting $275.82. The company's stock had a trading volume of 382,766 shares, compared to its average volume of 942,891. Vulcan Materials has a fifty-two week low of $215.08 and a fifty-two week high of $298.31. The company has a market cap of $36.44 billion, a PE ratio of 40.27, a P/E/G 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. The business's 50 day simple moving average is $244.71 and its 200-day simple moving average is $260.50.

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

Vulcan Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.49 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.96 annualized dividend and a dividend yield of 0.71%. Vulcan Materials's payout ratio is 27.80%.

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.