JustInvest LLC Has $379,000 Holdings in Vulcan Materials (NYSE:VMC)

JustInvest LLC grew its stake in Vulcan Materials (NYSE:VMC) by 26.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,242 shares of the construction company’s stock after buying an additional 475 shares during the period. JustInvest LLC’s holdings in Vulcan Materials were worth $379,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Ieq Capital LLC lifted its position in shares of Vulcan Materials by 49.5% in the third quarter. Ieq Capital LLC now owns 1,809 shares of the construction company’s stock worth $306,000 after buying an additional 599 shares during the last quarter. Candriam Luxembourg S.C.A. increased its stake in shares of Vulcan Materials by 1.9% in the third quarter. Candriam Luxembourg S.C.A. now owns 9,390 shares of the construction company’s stock worth $1,588,000 after purchasing an additional 175 shares during the period. TD Asset Management Inc. increased its stake in shares of Vulcan Materials by 14.4% in the third quarter. TD Asset Management Inc. now owns 63,742 shares of the construction company’s stock worth $10,783,000 after purchasing an additional 8,032 shares during the period. Toronto Dominion Bank increased its stake in shares of Vulcan Materials by 5.4% in the third quarter. Toronto Dominion Bank now owns 81,070 shares of the construction company’s stock worth $13,714,000 after purchasing an additional 4,180 shares during the period. Finally, Mackenzie Financial Corp increased its stake in shares of Vulcan Materials by 15.9% in the third quarter. Mackenzie Financial Corp now owns 114,557 shares of the construction company’s stock worth $19,378,000 after purchasing an additional 15,748 shares during the period. 88.57% of the stock is owned by institutional investors.

NYSE:VMC opened at $192.23 on Friday. The stock’s fifty day moving average price is $202.19 and its two-hundred day moving average price is $187.53. Vulcan Materials has a 52-week low of $143.10 and a 52-week high of $213.65. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.38 and a current ratio of 1.96. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 39.72, a P/E/G ratio of 1.78 and a beta of 0.65.

Vulcan Materials (NYSE:VMC) last posted its quarterly earnings data on Thursday, November 4th. The construction company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.11). Vulcan Materials had a return on equity of 10.44% and a net margin of 12.64%. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company posted $1.56 EPS. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, equities analysts predict that Vulcan Materials will post 4.99 EPS for the current fiscal year.

A number of equities analysts have recently commented on the company. Loop Capital lifted their price objective on Vulcan Materials from $205.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, November 5th. Exane BNP Paribas lowered Vulcan Materials from an “outperform” rating to a “neutral” rating and set a $202.00 price target on the stock. in a research note on Wednesday, November 10th. Barclays boosted their price target on Vulcan Materials from $239.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday. Argus upgraded Vulcan Materials from a “hold” rating to a “buy” rating and set a $240.00 price target on the stock in a research note on Tuesday, November 9th. Finally, JPMorgan Chase & Co. boosted their price target on Vulcan Materials from $190.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, December 15th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $204.94.

In other news, SVP Jerry F. Perkins, Jr. sold 2,968 shares of the stock in a transaction on Monday, November 22nd. The stock was sold at an average price of $198.37, for a total value of $588,762.16. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jason P. Teter sold 1,390 shares of the stock in a transaction on Thursday, November 18th. The shares were sold at an average price of $201.52, for a total value of $280,112.80. The disclosure for this sale can be found here. 0.55% of the stock is currently owned by corporate insiders.

Vulcan Materials Company Profile

Vulcan Materials Co engages in the provision of basic materials and supply for infrastructure and construction industry. It operates through the following business segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment produces and sells asphalt mix and ready-mixed concrete primarily in its mid-Atlantic, Georgia, Southwestern, Tennessee, and Western markets.

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

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