Vulcan Materials (NYSE:VMC) Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in shares of Vulcan Materials (NYSE:VMC) by 0.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 897,658 shares of the construction company’s stock after acquiring an additional 3,048 shares during the period. Dimensional Fund Advisors LP owned about 0.68% of Vulcan Materials worth $107,359,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Sun Life Financial INC grew its position in shares of Vulcan Materials by 10,666.7% during the 2nd quarter. Sun Life Financial INC now owns 969 shares of the construction company’s stock valued at $123,000 after acquiring an additional 960 shares during the period. Schroder Investment Management Group bought a new position in shares of Vulcan Materials during the 2nd quarter valued at approximately $187,000. FCA Corp TX bought a new position in shares of Vulcan Materials during the 3rd quarter valued at approximately $215,000. WINTON GROUP Ltd bought a new position in shares of Vulcan Materials during the 2nd quarter valued at approximately $218,000. Finally, LMR Partners LLP bought a new position in shares of Vulcan Materials during the 3rd quarter valued at approximately $220,000. 89.02% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Vulcan Materials (NYSE VMC) traded up $2.78 during mid-day trading on Thursday, hitting $135.18. 916,251 shares of the company were exchanged, compared to its average volume of 1,330,000. The stock has a market cap of $17,880.00, a PE ratio of 46.14, a P/E/G ratio of 1.96 and a beta of 0.87. The company has a quick ratio of 3.34, a current ratio of 4.22 and a debt-to-equity ratio of 0.60. Vulcan Materials has a 12 month low of $108.95 and a 12 month high of $136.82.

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

A number of research firms have recently weighed in on VMC. Barclays began coverage on shares of Vulcan Materials in a research report on Tuesday, December 12th. They set an “overweight” rating and a $135.00 target price for the company. Zacks Investment Research raised shares of Vulcan Materials from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Citigroup reissued a “buy” rating and set a $140.00 target price (down from $145.00) on shares of Vulcan Materials in a research report on Monday, October 9th. Stephens restated a “buy” rating and set a $158.00 price target on shares of Vulcan Materials in a research note on Wednesday, January 3rd. Finally, Royal Bank of Canada restated a “buy” rating and set a $154.00 price target on shares of Vulcan Materials in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $142.13.

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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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