Investors purchased shares of Vulcan Materials Co. (NYSE:VMC) on weakness during trading on Thursday. $33.41 million flowed into the stock on the tick-up and $25.31 million flowed out of the stock on the tick-down, for a money net flow of $8.10 million into the stock. Of all companies tracked, Vulcan Materials had the 20th highest net in-flow for the day. Vulcan Materials traded down ($0.44) for the day and closed at $121.10

VMC has been the subject of several analyst reports. Zacks Investment Research raised shares of Vulcan Materials from a “hold” rating to a “buy” rating and set a $129.00 price target for the company in a research report on Wednesday, June 29th. Bank of America Corp. reissued a “buy” rating on shares of Vulcan Materials in a research report on Friday, June 17th. Sterne Agee CRT reissued a “buy” rating on shares of Vulcan Materials in a research report on Monday, May 16th. Argus reissued a “buy” rating and set a $129.00 price target on shares of Vulcan Materials in a research report on Monday, May 16th. Finally, Stifel Nicolaus increased their price target on shares of Vulcan Materials from $123.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, May 16th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Vulcan Materials currently has a consensus rating of “Buy” and an average price target of $128.22.

The firm has a market capitalization of $15.82 billion and a P/E ratio of 45.37. The stock has a 50-day moving average price of $121.72 and a 200-day moving average price of $110.08.

Vulcan Materials (NYSE:VMC) last released its earnings results on Monday, August 1st. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.00 by $0.10. During the same period in the prior year, the company posted $0.35 earnings per share. The business earned $956.80 million during the quarter, compared to the consensus estimate of $1.01 billion. Vulcan Materials’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, equities research analysts predict that Vulcan Materials Co. will post $3.42 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Wednesday, August 24th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Monday, August 22nd.

In other news, insider Stanley G. Bass sold 829 shares of the business’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $121.07, for a total transaction of $100,367.03. Following the completion of the transaction, the insider now directly owns 15,185 shares of the company’s stock, valued at $1,838,447.95. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider David J. Grayson sold 2,025 shares of the business’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $118.77, for a total value of $240,509.25. Following the transaction, the insider now directly owns 18,637 shares of the company’s stock, valued at $2,213,516.49. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in VMC. Suntrust Banks Inc. increased its position in shares of Vulcan Materials by 1,023.1% in the fourth quarter. Suntrust Banks Inc. now owns 26,156 shares of the company’s stock worth $2,484,000 after buying an additional 23,827 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Vulcan Materials by 37.8% in the fourth quarter. Advisors Asset Management Inc. now owns 25,860 shares of the company’s stock worth $2,456,000 after buying an additional 7,087 shares in the last quarter. Aberdeen Asset Management PLC UK increased its position in shares of Vulcan Materials by 29.0% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 25,815 shares of the company’s stock worth $2,409,000 after buying an additional 5,802 shares in the last quarter. Advantus Capital Management Inc increased its position in shares of Vulcan Materials by 3.4% in the fourth quarter. Advantus Capital Management Inc now owns 12,936 shares of the company’s stock worth $1,229,000 after buying an additional 421 shares in the last quarter. Finally, Andra AP fonden increased its position in shares of Vulcan Materials by 4.9% in the fourth quarter. Andra AP fonden now owns 27,800 shares of the company’s stock worth $2,640,000 after buying an additional 1,300 shares in the last quarter.

Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company has four segments organized around its principal product lines: Aggregates, Asphalt Mix, Concrete and Calcium. The Company operates approximately 344 aggregates facilities.

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