Hantz Financial Services Inc. Sells 1,294 Shares of Vulcan Materials (NYSE:VMC)

Hantz Financial Services Inc. lessened its holdings in Vulcan Materials (NYSE:VMC - Free Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,303 shares of the construction company's stock after selling 1,294 shares during the quarter. Hantz Financial Services Inc.'s holdings in Vulcan Materials were worth $8,052,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Virtu Financial LLC bought a new position in shares of Vulcan Materials in the third quarter valued at about $811,000. Campbell Newman Asset Management Inc. bought a new position in shares of Vulcan Materials in the fourth quarter worth about $15,719,000. Franklin Resources Inc. raised its stake in shares of Vulcan Materials by 284.9% in the third quarter. Franklin Resources Inc. now owns 44,650 shares of the construction company's stock worth $11,104,000 after acquiring an additional 33,051 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Vulcan Materials during the fourth quarter worth approximately $612,000. Finally, Heritage Family Offices LLP bought a new stake in shares of Vulcan Materials during the fourth quarter valued at approximately $994,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Vulcan Materials Trading Up 1.2 %

Shares of VMC traded up $3.22 during trading hours on Thursday, reaching $275.42. The stock had a trading volume of 118,464 shares, compared to its average volume of 628,051. The company has a market cap of $36.37 billion, a P/E ratio of 43.44, a P/E/G ratio of 2.16 and a beta of 0.83. Vulcan Materials has a 52 week low of $223.90 and a 52 week high of $298.31. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average of $271.26 and a 200 day moving average of $260.43.

Vulcan Materials (NYSE:VMC - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The construction company reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.34 by ($0.12). The company had revenue of $2 billion during the quarter, compared to analyst estimates of $2.01 billion. Vulcan Materials had a net margin of 11.43% and a return on equity of 11.88%. The firm's quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 EPS. On average, sell-side analysts expect that Vulcan Materials will post 7.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VMC has been the topic of several research reports. UBS Group assumed coverage on Vulcan Materials in a report on Thursday, November 7th. They set a "buy" rating and a $349.00 price objective on the stock. Barclays lifted their price objective on Vulcan Materials from $250.00 to $285.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 29th. Citigroup cut their target price on shares of Vulcan Materials from $325.00 to $301.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. Stephens reiterated an "overweight" rating and set a $325.00 price target on shares of Vulcan Materials in a research report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of Vulcan Materials from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $301.18.

About Vulcan Materials

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.