John G Ullman & Associates Inc. Purchases 3,830 Shares of Eagle Materials Inc $EXP

John G Ullman & Associates Inc. lifted its position in Eagle Materials Inc (NYSE:EXP) by 15.6% during the 4th quarter, Holdings Channel reports. The firm owned 28,330 shares of the construction company’s stock after buying an additional 3,830 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Eagle Materials were worth $5,855,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Baupost Group LLC MA grew its holdings in Eagle Materials by 39.0% during the 3rd quarter. Baupost Group LLC MA now owns 939,660 shares of the construction company’s stock worth $218,978,000 after acquiring an additional 263,403 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Eagle Materials during the 3rd quarter worth about $51,812,000. Bank of New York Mellon Corp grew its holdings in Eagle Materials by 61.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 500,474 shares of the construction company’s stock worth $116,630,000 after acquiring an additional 189,725 shares during the last quarter. Cartenna Capital LP bought a new stake in Eagle Materials during the 3rd quarter worth about $29,480,000. Finally, Ameriprise Financial Inc. grew its holdings in Eagle Materials by 56.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 227,869 shares of the construction company’s stock worth $46,047,000 after acquiring an additional 82,679 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on EXP shares. Wells Fargo & Company increased their price objective on shares of Eagle Materials from $240.00 to $246.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Stephens reissued an “equal weight” rating and set a $245.00 price objective on shares of Eagle Materials in a report on Tuesday, January 20th. DA Davidson decreased their price objective on shares of Eagle Materials from $225.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada set a $208.00 price objective on shares of Eagle Materials in a report on Tuesday, February 24th. Finally, Wall Street Zen raised shares of Eagle Materials from a “sell” rating to a “hold” rating in a research note on Saturday. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $228.82.

Eagle Materials Stock Down 3.7%

Shares of NYSE EXP opened at $194.63 on Friday. The firm has a market capitalization of $6.12 billion, a PE ratio of 14.73 and a beta of 1.38. The company has a current ratio of 4.27, a quick ratio of 2.68 and a debt-to-equity ratio of 1.17. Eagle Materials Inc has a 1 year low of $171.99 and a 1 year high of $243.64. The firm’s 50-day moving average is $196.11 and its 200-day moving average is $211.39.

Eagle Materials Company Profile

Eagle Materials Inc (NYSE:EXP) is a Dallas, Texas–based manufacturer of building materials serving construction and heavy industry markets across the United States. The company’s primary products include portland and masonry cements, gypsum wallboard, lightweight aggregate, paperboard packaging, and roofing granules. These product lines support a wide range of end uses—from residential and commercial buildings to infrastructure projects and industrial applications.

Since its spin-off from a major homebuilding company in 2004, Eagle Materials has grown through targeted facility expansions and strategic acquisitions.