GSA Capital Partners LLP acquired a new stake in Vulcan Materials (NYSE:VMC) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,938 shares of the construction company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also modified their holdings of the company. New England Research & Management Inc. acquired a new position in shares of Vulcan Materials in the 3rd quarter valued at approximately $287,000. Caxton Associates LP grew its position in shares of Vulcan Materials by 166.7% in the 2nd quarter. Caxton Associates LP now owns 120,000 shares of the construction company’s stock valued at $15,202,000 after purchasing an additional 75,000 shares during the period. Global X MANAGEMENT CO LLC grew its position in shares of Vulcan Materials by 20.9% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 7,222 shares of the construction company’s stock valued at $864,000 after purchasing an additional 1,247 shares during the period. Quantitative Systematic Strategies LLC grew its position in shares of Vulcan Materials by 178.1% in the 3rd quarter. Quantitative Systematic Strategies LLC now owns 16,514 shares of the construction company’s stock valued at $1,975,000 after purchasing an additional 10,576 shares during the period. Finally, Candriam Luxembourg S.C.A. grew its position in shares of Vulcan Materials by 29.1% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 72,900 shares of the construction company’s stock valued at $8,719,000 after purchasing an additional 16,428 shares during the period. Institutional investors and hedge funds own 89.02% of the company’s stock.

In other news, insider Michael R. Mills sold 4,659 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $133.25, for a total transaction of $620,811.75. Following the sale, the insider now owns 45,351 shares in the company, valued at approximately $6,043,020.75. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.89% of the company’s stock.

Several equities research analysts have commented on VMC shares. Zacks Investment Research cut Vulcan Materials from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 6th. Stephens restated a “buy” rating and issued a $158.00 target price on shares of Vulcan Materials in a research note on Wednesday, January 3rd. Jefferies Group boosted their target price on Vulcan Materials from $122.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Citigroup restated a “buy” rating and issued a $140.00 target price (down previously from $145.00) on shares of Vulcan Materials in a research note on Monday, October 9th. Finally, Bank of America cut their target price on Vulcan Materials from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $142.13.

Shares of Vulcan Materials (NYSE:VMC) opened at $133.97 on Friday. The company has a market capitalization of $17,720.00, a P/E ratio of 45.72, a price-to-earnings-growth ratio of 1.96 and a beta of 0.87. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.22 and a quick ratio of 3.34. Vulcan Materials has a 12 month low of $108.95 and a 12 month high of $136.82.

Vulcan Materials (NYSE:VMC) last released its earnings results on Wednesday, November 1st. The construction company reported $1.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($0.36). Vulcan Materials had a net margin of 10.06% and a return on equity of 9.51%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. The company’s revenue was up 8.6% on a year-over-year basis. equities research analysts expect that Vulcan Materials will post 3.01 earnings per share for the current fiscal year.

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About Vulcan Materials

Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).

Institutional Ownership by Quarter for Vulcan Materials (NYSE:VMC)

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