Maven Securities LTD Purchases Shares of 4,190 Vulcan Materials (NYSE:VMC)

Maven Securities LTD bought a new stake in shares of Vulcan Materials (NYSE:VMC - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,190 shares of the construction company's stock, valued at approximately $1,049,000.

A number of other institutional investors have also recently modified their holdings of VMC. Cetera Investment Advisers boosted its position in shares of Vulcan Materials by 111.5% during the 1st quarter. Cetera Investment Advisers now owns 14,423 shares of the construction company's stock worth $3,936,000 after acquiring an additional 7,603 shares in the last quarter. Cetera Advisors LLC boosted its holdings in shares of Vulcan Materials by 118.1% in the 1st quarter. Cetera Advisors LLC now owns 4,146 shares of the construction company's stock valued at $1,132,000 after purchasing an additional 2,245 shares in the last quarter. Mather Group LLC. increased its stake in shares of Vulcan Materials by 16.1% in the 2nd quarter. Mather Group LLC. now owns 491 shares of the construction company's stock valued at $134,000 after purchasing an additional 68 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of Vulcan Materials by 7.9% during the 2nd quarter. Park Avenue Securities LLC now owns 2,760 shares of the construction company's stock worth $686,000 after buying an additional 201 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Vulcan Materials by 44.4% during the 2nd quarter. CWM LLC now owns 3,871 shares of the construction company's stock worth $963,000 after buying an additional 1,191 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on VMC shares. Royal Bank of Canada decreased their target price on Vulcan Materials from $267.00 to $257.00 and set a "sector perform" rating on the stock in a research report on Wednesday, August 7th. UBS Group assumed coverage on shares of Vulcan Materials in a report on Thursday, November 7th. They set a "buy" rating and a $349.00 price target on the stock. Citigroup dropped their price objective on shares of Vulcan Materials from $297.00 to $292.00 and set a "buy" rating for the company in a research note on Thursday, August 8th. JPMorgan Chase & Co. boosted their target price on shares of Vulcan Materials from $245.00 to $290.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 27th. Finally, StockNews.com upgraded Vulcan Materials from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $283.92.

Vulcan Materials Trading Up 0.7 %

Shares of NYSE:VMC traded up $2.00 during trading on Thursday, reaching $287.65. The stock had a trading volume of 765,667 shares, compared to its average volume of 831,820. Vulcan Materials has a 52 week low of $210.85 and a 52 week high of $298.31. The firm's fifty day moving average is $268.17 and its 200 day moving average is $255.97. The stock has a market cap of $37.99 billion, a price-to-earnings ratio of 45.37, a P/E/G ratio of 2.77 and a beta of 0.81. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 2.86.

Vulcan Materials (NYSE:VMC - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts' consensus estimates of $2.34 by ($0.12). The business had revenue of $2 billion for the quarter, compared to analyst estimates of $2.01 billion. Vulcan Materials had a return on equity of 11.88% and a net margin of 11.43%. During the same quarter in the previous year, the business posted $2.29 earnings per share. The business's revenue was down 8.3% on a year-over-year basis. As a group, equities analysts forecast that Vulcan Materials will post 7.16 EPS for the current fiscal year.

Vulcan Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 4th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.64%. The ex-dividend date was Monday, November 4th. Vulcan Materials's dividend payout ratio (DPR) is presently 29.02%.

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.