Howard Capital Management Group LLC Acquires 328 Shares of Vulcan Materials (NYSE:VMC)

Howard Capital Management Group LLC grew its stake in shares of Vulcan Materials (NYSE:VMCFree Report) by 0.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,193 shares of the construction company’s stock after buying an additional 328 shares during the period. Vulcan Materials accounts for about 2.5% of Howard Capital Management Group LLC’s investment portfolio, making the stock its 13th largest position. Howard Capital Management Group LLC owned about 0.11% of Vulcan Materials worth $36,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ballentine Partners LLC lifted its position in shares of Vulcan Materials by 8.7% in the fourth quarter. Ballentine Partners LLC now owns 1,015 shares of the construction company’s stock worth $261,000 after buying an additional 81 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in Vulcan Materials by 16.1% during the 4th quarter. Koshinski Asset Management Inc. now owns 928 shares of the construction company’s stock valued at $239,000 after buying an additional 129 shares in the last quarter. UMB Bank n.a. increased its stake in Vulcan Materials by 138.5% in the 4th quarter. UMB Bank n.a. now owns 186 shares of the construction company’s stock worth $48,000 after acquiring an additional 108 shares during the last quarter. Artemis Investment Management LLP raised its holdings in shares of Vulcan Materials by 67.9% during the 4th quarter. Artemis Investment Management LLP now owns 402,106 shares of the construction company’s stock worth $103,434,000 after acquiring an additional 162,567 shares in the last quarter. Finally, HB Wealth Management LLC boosted its position in shares of Vulcan Materials by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 2,423 shares of the construction company’s stock valued at $623,000 after acquiring an additional 244 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on VMC. Raymond James reduced their price target on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating on the stock in a research report on Thursday, January 16th. StockNews.com upgraded shares of Vulcan Materials from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Stephens reaffirmed an “overweight” rating and issued a $325.00 price target on shares of Vulcan Materials in a report on Thursday, January 2nd. JPMorgan Chase & Co. boosted their price objective on Vulcan Materials from $245.00 to $290.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 27th. Finally, Citigroup decreased their price objective on Vulcan Materials from $325.00 to $301.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $301.18.

Get Our Latest Stock Analysis on VMC

Vulcan Materials Trading Up 2.0 %

VMC opened at $275.61 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 2.86. The stock’s 50 day moving average price is $272.20 and its 200-day moving average price is $259.15. Vulcan Materials has a one year low of $219.73 and a one year high of $298.31. The stock has a market cap of $36.40 billion, a price-to-earnings ratio of 43.47, a P/E/G ratio of 2.12 and a beta of 0.83.

Vulcan Materials (NYSE:VMCGet Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The construction company reported $2.22 EPS for the quarter, missing the consensus estimate of $2.34 by ($0.12). Vulcan Materials had a net margin of 11.43% and a return on equity of 11.88%. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the company earned $2.29 EPS. The business’s revenue was down 8.3% compared to the same quarter last year. On average, equities analysts forecast that Vulcan Materials will post 7.16 EPS for the current year.

Vulcan Materials Profile

(Free Report)

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.

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

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