3,482 Shares in Vulcan Materials Company $VMC Bought by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC purchased a new stake in Vulcan Materials Company (NYSE:VMC) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,482 shares of the construction company’s stock, valued at approximately $908,000.

Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in shares of Vulcan Materials in the 4th quarter valued at about $497,000. Allworth Financial LP boosted its holdings in Vulcan Materials by 10.0% in the first quarter. Allworth Financial LP now owns 651 shares of the construction company’s stock worth $163,000 after acquiring an additional 59 shares in the last quarter. Cerity Partners LLC grew its stake in Vulcan Materials by 74.0% in the first quarter. Cerity Partners LLC now owns 23,332 shares of the construction company’s stock valued at $5,443,000 after acquiring an additional 9,923 shares during the period. Stephens Inc. AR increased its holdings in shares of Vulcan Materials by 32.6% during the first quarter. Stephens Inc. AR now owns 4,557 shares of the construction company’s stock valued at $1,063,000 after acquiring an additional 1,120 shares in the last quarter. Finally, CWM LLC raised its position in shares of Vulcan Materials by 102.5% during the first quarter. CWM LLC now owns 10,036 shares of the construction company’s stock worth $2,341,000 after purchasing an additional 5,081 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Vulcan Materials Trading Down 3.9%

Shares of VMC stock opened at $283.72 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.13 and a current ratio of 1.67. The company has a market capitalization of $37.49 billion, a price-to-earnings ratio of 39.63, a PEG ratio of 2.39 and a beta of 0.95. Vulcan Materials Company has a 52-week low of $215.08 and a 52-week high of $311.74. The company has a 50-day simple moving average of $296.30 and a two-hundred day simple moving average of $280.31.

Vulcan Materials (NYSE:VMC) last posted its earnings results on Thursday, October 30th. The construction company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.72 by $0.12. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Vulcan Materials had a net margin of 12.52% and a return on equity of 12.81%. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.22 EPS. Research analysts anticipate that Vulcan Materials Company will post 8.69 EPS for the current fiscal year.

Vulcan Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Monday, November 10th will be given a $0.49 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.96 annualized dividend and a yield of 0.7%. Vulcan Materials’s payout ratio is currently 23.28%.

Analyst Ratings Changes

VMC has been the subject of several research reports. Citigroup reduced their price target on shares of Vulcan Materials from $356.00 to $342.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. Royal Bank Of Canada reduced their price objective on shares of Vulcan Materials from $279.00 to $278.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. Barclays boosted their target price on shares of Vulcan Materials from $305.00 to $320.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Raymond James Financial raised their price target on shares of Vulcan Materials from $295.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, October 21st. Finally, Wells Fargo & Company raised Vulcan Materials to a “hold” rating in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Vulcan Materials has an average rating of “Moderate Buy” and a consensus target price of $317.58.

Insiders Place Their Bets

In other news, SVP David P. Clement sold 698 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $298.56, for a total transaction of $208,394.88. Following the completion of the sale, the senior vice president directly owned 2,832 shares of the company’s stock, valued at $845,521.92. This trade represents a 19.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Thompson S. Baker II sold 5,818 shares of Vulcan Materials stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $292.26, for a total value of $1,700,368.68. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,369 shares of company stock valued at $3,343,456 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

About Vulcan Materials

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.