Vulcan Materials Company (NYSE:VMC) insider Michael R. Mills sold 981 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $117.55, for a total transaction of $115,316.55. Following the sale, the insider now owns 23,871 shares of the company’s stock, valued at $2,806,036.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Vulcan Materials Company (NYSE VMC) opened at 113.21 on Monday. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 36.45 and a beta of 0.94. The firm has a 50 day moving average of $117.66 and a 200-day moving average of $122.33. Vulcan Materials Company has a 52-week low of $105.71 and a 52-week high of $138.18.

Vulcan Materials (NYSE:VMC) last posted its earnings results on Wednesday, August 2nd. The construction company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.32). The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Vulcan Materials had a net margin of 11.28% and a return on equity of 8.72%. Vulcan Materials’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.90 earnings per share. Equities analysts expect that Vulcan Materials Company will post $3.40 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Monday, August 21st. Vulcan Materials’s dividend payout ratio (DPR) is 32.36%.

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Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Vulcan Materials from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada restated a “buy” rating and set a $154.00 target price on shares of Vulcan Materials in a research report on Monday, June 19th. Jefferies Group LLC set a $114.00 target price on shares of Vulcan Materials and gave the company a “hold” rating in a research report on Tuesday, August 22nd. BidaskClub lowered shares of Vulcan Materials from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, Stephens upgraded shares of Vulcan Materials from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $140.00 to $145.00 in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. Vulcan Materials currently has a consensus rating of “Hold” and an average target price of $136.00.

Several large investors have recently bought and sold shares of the company. Eads & Heald Investment Counsel increased its holdings in shares of Vulcan Materials by 0.8% during the 2nd quarter. Eads & Heald Investment Counsel now owns 2,257 shares of the construction company’s stock valued at $286,000 after purchasing an additional 17 shares in the last quarter. Traynor Capital Management Inc. increased its holdings in shares of Vulcan Materials by 0.7% during the 2nd quarter. Traynor Capital Management Inc. now owns 2,317 shares of the construction company’s stock valued at $287,000 after purchasing an additional 17 shares in the last quarter. L & S Advisors Inc increased its holdings in shares of Vulcan Materials by 0.7% during the 2nd quarter. L & S Advisors Inc now owns 3,870 shares of the construction company’s stock valued at $490,000 after purchasing an additional 25 shares in the last quarter. Gardner Russo & Gardner LLC increased its holdings in shares of Vulcan Materials by 1.0% during the 1st quarter. Gardner Russo & Gardner LLC now owns 4,950 shares of the construction company’s stock valued at $596,000 after purchasing an additional 50 shares in the last quarter. Finally, Bahl & Gaynor Inc. increased its holdings in shares of Vulcan Materials by 2.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 3,118 shares of the construction company’s stock valued at $376,000 after purchasing an additional 60 shares in the last quarter. 87.13% of the stock is owned by hedge funds and other institutional investors.

Vulcan Materials Company Profile

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).

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