Stephens Inc. AR Has $1.02 Million Holdings in Vulcan Materials (NYSE:VMC)

Stephens Inc. AR trimmed its stake in shares of Vulcan Materials (NYSE:VMCFree Report) by 28.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,499 shares of the construction company’s stock after selling 1,807 shares during the period. Stephens Inc. AR’s holdings in Vulcan Materials were worth $1,021,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC acquired a new position in Vulcan Materials during the 4th quarter worth approximately $28,000. Private Wealth Management Group LLC bought a new position in Vulcan Materials in the fourth quarter valued at $45,000. Avalon Trust Co acquired a new stake in Vulcan Materials in the 4th quarter valued at $58,000. Atlantic Edge Private Wealth Management LLC bought a new stake in Vulcan Materials during the 4th quarter worth about $59,000. Finally, VisionPoint Advisory Group LLC boosted its stake in shares of Vulcan Materials by 1,447.1% during the 4th quarter. VisionPoint Advisory Group LLC now owns 263 shares of the construction company’s stock worth $60,000 after buying an additional 246 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank of Canada upped their target price on Vulcan Materials from $269.00 to $272.00 and gave the stock a “sector perform” rating in a report on Friday, May 3rd. Jefferies Financial Group upped their price objective on Vulcan Materials from $298.00 to $319.00 and gave the stock a “buy” rating in a research note on Thursday, April 18th. Truist Financial raised their target price on shares of Vulcan Materials from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Citigroup upped their price target on shares of Vulcan Materials from $263.00 to $322.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $270.00 price objective (up previously from $245.00) on shares of Vulcan Materials in a research report on Friday, March 22nd. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $277.08.

View Our Latest Stock Analysis on Vulcan Materials

Vulcan Materials Trading Up 0.1 %

Shares of VMC stock opened at $247.81 on Tuesday. Vulcan Materials has a 12-month low of $190.51 and a 12-month high of $276.58. The company has a market capitalization of $32.77 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 1.84 and a beta of 0.84. The firm has a 50 day moving average price of $260.53 and a two-hundred day moving average price of $246.57. The company has a quick ratio of 1.81, a current ratio of 2.74 and a debt-to-equity ratio of 0.44.

Vulcan Materials (NYSE:VMCGet Free Report) last released its quarterly earnings results on Thursday, May 2nd. The construction company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.11). Vulcan Materials had a return on equity of 12.32% and a net margin of 11.92%. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business posted $0.95 earnings per share. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. As a group, analysts predict that Vulcan Materials will post 8.55 earnings per share for the current year.

Vulcan Materials Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 24th were paid a $0.46 dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.84 annualized dividend and a dividend yield of 0.74%. Vulcan Materials’s dividend payout ratio (DPR) is presently 26.86%.

Insider Buying and Selling

In other Vulcan Materials news, SVP David P. Clement sold 1,000 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $254.50, for a total value of $254,500.00. Following the completion of the sale, the senior vice president now owns 2,660 shares of the company’s stock, valued at approximately $676,970. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, President Thompson S. Baker II sold 8,600 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of $272.95, for a total transaction of $2,347,370.00. Following the sale, the president now directly owns 1,300 shares of the company’s stock, valued at approximately $354,835. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP David P. Clement sold 1,000 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $254.50, for a total value of $254,500.00. Following the completion of the transaction, the senior vice president now directly owns 2,660 shares of the company’s stock, valued at approximately $676,970. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,410 shares of company stock valued at $5,266,356. 0.61% of the stock is owned by company insiders.

Vulcan Materials Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vulcan Materials (NYSE:VMC)

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