Vulcan Materials (NYSE:VMC) Shares Purchased by BSW Wealth Partners

BSW Wealth Partners grew its position in shares of Vulcan Materials (NYSE:VMC) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,487 shares of the construction company’s stock after acquiring an additional 63 shares during the period. BSW Wealth Partners’ holdings in Vulcan Materials were worth $383,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Virtu Financial LLC purchased a new position in shares of Vulcan Materials in the 3rd quarter valued at $811,000. Campbell Newman Asset Management Inc. purchased a new position in Vulcan Materials in the fourth quarter valued at about $15,719,000. Franklin Resources Inc. lifted its stake in shares of Vulcan Materials by 284.9% during the third quarter. Franklin Resources Inc. now owns 44,650 shares of the construction company’s stock worth $11,104,000 after purchasing an additional 33,051 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in shares of Vulcan Materials in the fourth quarter worth about $612,000. Finally, Heritage Family Offices LLP acquired a new stake in shares of Vulcan Materials in the fourth quarter valued at about $994,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Vulcan Materials Trading Down 0.9 %

NYSE VMC opened at $272.71 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 2.86. Vulcan Materials has a one year low of $223.90 and a one year high of $298.31. The company has a 50-day simple moving average of $271.37 and a 200-day simple moving average of $260.34. The firm has a market capitalization of $36.01 billion, a PE ratio of 43.01, a price-to-earnings-growth ratio of 2.16 and a beta of 0.83.

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VMC. UBS Group started coverage on Vulcan Materials in a research note on Thursday, November 7th. They set a “buy” rating and a $349.00 target price for the company. Citigroup lowered their price objective on Vulcan Materials from $325.00 to $301.00 and set a “buy” rating for the company in a research note on Monday, January 6th. JPMorgan Chase & Co. upped their target price on Vulcan Materials from $245.00 to $290.00 and gave the company a “neutral” rating in a research report on Wednesday, November 27th. Raymond James decreased their price target on shares of Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. Finally, Barclays upped their price target on shares of Vulcan Materials from $250.00 to $285.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $301.18.

Vulcan Materials Profile

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.