Siemens Fonds Invest GmbH Has $1.12 Million Stake in Vulcan Materials (NYSE:VMC)

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

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Murphy & Mullick Capital Management Corp acquired a new stake in Vulcan Materials during the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. purchased a new stake in shares of Vulcan Materials in the 4th quarter valued at approximately $31,000. Generali Asset Management SPA SGR purchased a new stake in shares of Vulcan Materials in the 4th quarter valued at approximately $32,000. Kapitalo Investimentos Ltda purchased a new stake in Vulcan Materials in the 4th quarter worth approximately $35,000. Finally, UMB Bank n.a. lifted its position in Vulcan Materials by 138.5% in the 4th quarter. UMB Bank n.a. now owns 186 shares of the construction company's stock worth $48,000 after buying an additional 108 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vulcan Materials

In related news, SVP David P. Clement sold 1,500 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $270.00, for a total value of $405,000.00. Following the transaction, the senior vice president now directly owns 2,832 shares in the company, valued at approximately $764,640. This trade represents a 34.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.62% of the stock is currently owned by company insiders.

Vulcan Materials Stock Down 1.0%

Shares of VMC traded down $2.63 during mid-day trading on Tuesday, hitting $273.38. 651,195 shares of the company's stock were exchanged, compared to its average volume of 944,897. The firm has a fifty day moving average of $246.69 and a two-hundred day moving average of $260.44. Vulcan Materials has a twelve month low of $215.08 and a twelve month high of $298.31. The stock has a market cap of $36.11 billion, a price-to-earnings ratio of 39.91, a P/E/G ratio of 2.03 and a beta of 0.84. The company has a quick ratio of 2.02, a current ratio of 1.83 and a debt-to-equity ratio of 0.60.

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 (EPS) for the quarter, beating 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 analyst estimates of $1.64 billion. During the same period last year, the business posted $0.80 EPS. Vulcan Materials's revenue was up 5.8% compared to the same quarter last year. On average, sell-side analysts forecast that Vulcan Materials will post 8.69 earnings per share for the current year.

Vulcan Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 23rd will be paid a $0.49 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.96 dividend on an annualized basis and a yield of 0.72%. Vulcan Materials's payout ratio is presently 27.80%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VMC shares. UBS Group upgraded shares of Vulcan Materials from a "neutral" rating to a "buy" rating and increased their target price for the stock from $280.00 to $318.00 in a research report on Friday. JPMorgan Chase & Co. upgraded shares of Vulcan Materials from a "neutral" rating to an "overweight" rating and cut their target price for the stock from $290.00 to $285.00 in a research report on Wednesday, March 19th. Raymond James cut their target price on shares of Vulcan Materials from $300.00 to $295.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Argus upgraded shares of Vulcan Materials to a "strong-buy" rating in a research report on Thursday, April 24th. Finally, Stifel Nicolaus increased their target price on shares of Vulcan Materials from $287.00 to $309.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $302.91.

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.