Hantz Financial Services Inc. Sells 1,896 Shares of Vulcan Materials Company $VMC

Hantz Financial Services Inc. reduced its stake in shares of Vulcan Materials Company (NYSE:VMC) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,034 shares of the construction company’s stock after selling 1,896 shares during the quarter. Hantz Financial Services Inc.’s holdings in Vulcan Materials were worth $8,009,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of Vulcan Materials in the 4th quarter worth approximately $497,000. NewEdge Advisors LLC lifted its stake in Vulcan Materials by 3.9% in the first quarter. NewEdge Advisors LLC now owns 4,359 shares of the construction company’s stock valued at $1,017,000 after buying an additional 163 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Vulcan Materials by 6.3% in the first quarter. Empowered Funds LLC now owns 3,195 shares of the construction company’s stock valued at $745,000 after purchasing an additional 190 shares in the last quarter. Focus Partners Wealth boosted its holdings in Vulcan Materials by 28.5% during the first quarter. Focus Partners Wealth now owns 3,321 shares of the construction company’s stock worth $775,000 after purchasing an additional 736 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Vulcan Materials by 31.5% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the construction company’s stock worth $78,000 after acquiring an additional 80 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on VMC shares. Wells Fargo & Company boosted their price objective on shares of Vulcan Materials from $310.00 to $317.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. Barclays raised their price objective on Vulcan Materials from $305.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Royal Bank Of Canada reduced their target price on Vulcan Materials from $279.00 to $278.00 and set a “sector perform” rating on the stock in a report on Friday, October 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Vulcan Materials in a research note on Tuesday, January 27th. Finally, Raymond James Financial lifted their price objective on Vulcan Materials from $295.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $320.38.

Insider Buying and Selling at Vulcan Materials

In related news, SVP Denson N. Franklin III sold 665 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $295.00, for a total value of $196,175.00. Following the sale, the senior vice president directly owned 8,284 shares of the company’s stock, valued at $2,443,780. This trade represents a 7.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP David P. Clement sold 2,000 shares of Vulcan Materials stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $288.55, for a total value of $577,100.00. Following the sale, the senior vice president directly owned 832 shares of the company’s stock, valued at approximately $240,073.60. This trade represents a 70.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 14,653 shares of company stock valued at $4,354,247 in the last 90 days. 0.62% of the stock is currently owned by company insiders.

Vulcan Materials Stock Up 0.1%

VMC opened at $311.38 on Thursday. The company has a quick ratio of 1.56, a current ratio of 2.23 and a debt-to-equity ratio of 0.50. The stock has a market cap of $41.14 billion, a price-to-earnings ratio of 36.98, a PEG ratio of 2.33 and a beta of 1.07. Vulcan Materials Company has a twelve month low of $215.08 and a twelve month high of $318.67. The company’s 50-day moving average price is $297.17 and its two-hundred day moving average price is $293.06.

About Vulcan Materials

Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.

Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.