Vulcan Materials (NYSE:VMC) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. boosted its stake in Vulcan Materials (NYSE:VMC) by 138.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186 shares of the construction company’s stock after acquiring an additional 108 shares during the period. UMB Bank n.a.’s holdings in Vulcan Materials were worth $48,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board increased its stake in shares of Vulcan Materials by 70.0% during the second quarter. Public Sector Pension Investment Board now owns 5,066 shares of the construction company’s stock worth $1,260,000 after acquiring an additional 2,086 shares during the period. Evergreen Capital Management LLC raised its position in Vulcan Materials by 9.7% in the second quarter. Evergreen Capital Management LLC now owns 913 shares of the construction company’s stock worth $227,000 after acquiring an additional 81 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Vulcan Materials by 136.1% in the second quarter. AQR Capital Management LLC now owns 184,471 shares of the construction company’s stock valued at $45,874,000 after acquiring an additional 106,324 shares during the period. MBB Public Markets I LLC boosted its position in shares of Vulcan Materials by 694.2% during the 2nd quarter. MBB Public Markets I LLC now owns 9,475 shares of the construction company’s stock worth $2,356,000 after purchasing an additional 8,282 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Vulcan Materials by 32.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 316,555 shares of the construction company’s stock valued at $78,721,000 after purchasing an additional 76,678 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Barclays increased their target price on shares of Vulcan Materials from $250.00 to $285.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. JPMorgan Chase & Co. upped their target price on Vulcan Materials from $245.00 to $290.00 and gave the company a “neutral” rating in a report on Wednesday, November 27th. StockNews.com upgraded shares of Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Raymond James cut their target price on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Finally, UBS Group began coverage on Vulcan Materials in a research report on Thursday, November 7th. They set a “buy” rating and a $349.00 price objective for the company. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $301.18.

Vulcan Materials Stock Up 1.0 %

Shares of NYSE VMC opened at $277.61 on Friday. 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 stock has a market capitalization of $36.66 billion, a PE ratio of 43.79, a P/E/G ratio of 2.16 and a beta of 0.83. The firm has a fifty day moving average of $271.50 and a 200-day moving average of $259.83. Vulcan Materials has a 52-week low of $221.01 and a 52-week high of $298.31.

Vulcan Materials (NYSE:VMC) last released its quarterly earnings data 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 firm 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 business’s revenue for the quarter was down 8.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.29 earnings per share. On average, analysts anticipate that Vulcan Materials will post 7.16 EPS for the current year.

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.