Vulcan Materials (VMC) is San Francisco Sentry Investment Group CA’s 4th Largest Position

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San Francisco Sentry Investment Group CA reduced its position in Vulcan Materials (NYSE:VMC) by 17.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,116 shares of the construction company’s stock after selling 15,615 shares during the quarter. Vulcan Materials makes up 3.9% of San Francisco Sentry Investment Group CA’s portfolio, making the stock its 4th largest holding. San Francisco Sentry Investment Group CA’s holdings in Vulcan Materials were worth $9,436,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Sumitomo Life Insurance Co. lifted its holdings in shares of Vulcan Materials by 4.5% during the second quarter. Sumitomo Life Insurance Co. now owns 9,549 shares of the construction company’s stock valued at $1,232,000 after acquiring an additional 411 shares during the period. IFM Investors Pty Ltd lifted its holdings in shares of Vulcan Materials by 11.0% during the first quarter. IFM Investors Pty Ltd now owns 4,414 shares of the construction company’s stock valued at $504,000 after acquiring an additional 439 shares during the period. Howard Capital Management lifted its holdings in shares of Vulcan Materials by 0.4% during the second quarter. Howard Capital Management now owns 113,716 shares of the construction company’s stock valued at $14,676,000 after acquiring an additional 496 shares during the period. Schroder Investment Management Group lifted its holdings in shares of Vulcan Materials by 25.1% during the first quarter. Schroder Investment Management Group now owns 2,489 shares of the construction company’s stock valued at $284,000 after acquiring an additional 500 shares during the period. Finally, Capital Analysts LLC lifted its holdings in shares of Vulcan Materials by 2.4% during the second quarter. Capital Analysts LLC now owns 23,092 shares of the construction company’s stock valued at $2,980,000 after acquiring an additional 552 shares during the period. 94.73% of the stock is owned by institutional investors.

Vulcan Materials stock opened at $110.51 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.46 and a quick ratio of 0.96. Vulcan Materials has a 12-month low of $108.17 and a 12-month high of $141.20. The stock has a market capitalization of $14.93 billion, a P/E ratio of 32.73, a price-to-earnings-growth ratio of 1.07 and a beta of 0.94.

Vulcan Materials (NYSE:VMC) last released its quarterly earnings results on Tuesday, July 31st. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.37 by ($0.14). Vulcan Materials had a net margin of 15.72% and a return on equity of 9.46%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm earned $0.89 earnings per share. The business’s quarterly revenue was up 16.4% compared to the same quarter last year. sell-side analysts predict that Vulcan Materials will post 4.32 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Wednesday, August 22nd will be issued a $0.28 dividend. The ex-dividend date is Tuesday, August 21st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.01%. Vulcan Materials’s dividend payout ratio is 36.84%.

In related news, VP John R. Mcpherson sold 21,618 shares of Vulcan Materials stock in a transaction dated Monday, June 11th. The stock was sold at an average price of $130.37, for a total value of $2,818,338.66. Following the completion of the transaction, the vice president now directly owns 102,610 shares of the company’s stock, valued at $13,377,265.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stanley G. Bass sold 4,109 shares of Vulcan Materials stock in a transaction dated Monday, June 11th. The shares were sold at an average price of $130.00, for a total value of $534,170.00. Following the completion of the transaction, the insider now directly owns 31,569 shares of the company’s stock, valued at $4,103,970. The disclosure for this sale can be found here. Insiders own 0.89% of the company’s stock.

VMC has been the subject of a number of analyst reports. Bank of America cut Vulcan Materials from a “buy” rating to a “neutral” rating and set a $130.00 price objective for the company. in a report on Wednesday, July 25th. They noted that the move was a valuation call. Royal Bank of Canada raised Vulcan Materials from a “sector perform” rating to an “outperform” rating and set a $97.00 price objective for the company in a report on Wednesday, August 1st. They noted that the move was a valuation call. Zacks Investment Research cut Vulcan Materials from a “hold” rating to a “sell” rating in a report on Tuesday, May 1st. Jefferies Financial Group raised Vulcan Materials from a “hold” rating to a “buy” rating and set a $128.00 price objective for the company in a report on Wednesday, August 1st. Finally, ValuEngine cut Vulcan Materials from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $132.25.

Vulcan Materials Profile

Vulcan Materials Company produces and supplies construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stone, sand and gravel, sand, and other aggregates; and related products and services for use in the 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.

Further Reading: Analyst Ratings

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

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