EFG Asset Management Americas Corp. lessened its stake in shares of Vulcan Materials (NYSE:VMC) by 7.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,171 shares of the construction company’s stock after selling 1,216 shares during the period. EFG Asset Management Americas Corp.’s holdings in Vulcan Materials were worth $1,819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VMC. Cerebellum GP LLC purchased a new stake in Vulcan Materials in the 4th quarter valued at about $133,000. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in Vulcan Materials in the 4th quarter valued at about $200,000. FCA Corp TX purchased a new stake in Vulcan Materials in the 3rd quarter valued at about $215,000. WINTON GROUP Ltd purchased a new stake in Vulcan Materials in the 2nd quarter valued at about $218,000. Finally, LMR Partners LLP purchased a new stake in Vulcan Materials in the 3rd quarter valued at about $220,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

In other news, insider Michael R. Mills sold 3,738 shares of the business’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $134.56, for a total transaction of $502,985.28. Following the completion of the transaction, the insider now directly owns 44,581 shares of the company’s stock, valued at $5,998,819.36. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael R. Mills sold 4,659 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $133.25, for a total value of $620,811.75. Following the transaction, the insider now directly owns 45,351 shares of the company’s stock, valued at $6,043,020.75. The disclosure for this sale can be found here. Insiders own 0.89% of the company’s stock.

Several equities analysts have weighed in on the company. Bank of America lifted their target price on Vulcan Materials from $129.00 to $139.00 and gave the company a “neutral” rating in a research report on Monday, February 5th. Citigroup lifted their target price on Vulcan Materials from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Zacks Investment Research raised Vulcan Materials from a “strong sell” rating to a “hold” rating in a research report on Sunday, January 21st. Jefferies Group reaffirmed a “hold” rating and issued a $135.00 target price on shares of Vulcan Materials in a research report on Wednesday, January 17th. Finally, Stephens reaffirmed a “buy” rating and issued a $158.00 target price on shares of Vulcan Materials in a research report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $146.13.

Vulcan Materials (NYSE:VMC) opened at $125.00 on Monday. Vulcan Materials has a 52-week low of $108.95 and a 52-week high of $141.20. The company has a market capitalization of $16,535.56, a PE ratio of 42.09, a PEG ratio of 1.83 and a beta of 0.84. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.34 and a current ratio of 4.22.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Friday, February 23rd will be given a dividend of $0.28 per share. This is an increase from Vulcan Materials’s previous quarterly dividend of $0.25. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.90%. Vulcan Materials’s payout ratio is currently 34.97%.

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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).

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

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