November 29, 2016 - By Darrin Black · 0 Comments
Vulcan Materials Co (NYSE:VMC) institutional sentiment decreased to 1.11 in 2016 Q2. Its down -0.07, from 1.18 in 2016Q1. The ratio has dropped, as 231 active investment managers opened new or increased equity positions, while 195 trimmed and sold positions in Vulcan Materials Co. The active investment managers in our partner’s database now possess: 112.91 million shares, down from 117.72 million shares in 2016Q1. Also, the number of active investment managers holding Vulcan Materials Co in their top 10 equity positions increased from 11 to 14 for an increase of 3. Sold All: 35 Reduced: 160 Increased: 168 New Position: 63.
Vulcan Materials Company is a producer of construction aggregates and a producer of asphalt mix and ready-mixed concrete. The company has a market cap of $15.73 billion. The Firm has four divisions organized around its principal product lines: Aggregates, Asphalt Mix, Concrete and Calcium. It has a 44.46 P/E ratio. The Firm operates approximately 344 aggregates facilities.
About 254,999 shares traded hands. Vulcan Materials Company (NYSE:VMC) has risen 14.08% since April 26, 2016 and is uptrending. It has outperformed by 8.82% the S&P500.
Analysts await Vulcan Materials Company (NYSE:VMC) to report earnings on February, 2. They expect $0.83 EPS, up 12.16% or $0.09 from last year’s $0.74 per share. VMC’s profit will be $103.60 million for 37.96 P/E if the $0.83 EPS becomes a reality. After $1.01 actual EPS reported by Vulcan Materials Company for the previous quarter, Wall Street now forecasts -17.82% negative EPS growth.
According to Zacks Investment Research, “Vulcan Materials Company, a member of the S&P 500 Index, is the nation’s largest producer of construction aggregates, a major producer of asphalt mix and concrete, and a leading producer of cement in Florida.”
Narwhal Capital Management holds 15.73% of its portfolio in Vulcan Materials Company for 416,080 shares. Longbow Capital Partners L.P. owns 5,022 shares or 13.46% of their US portfolio. Moreover, Theleme Partners Llp has 12.36% invested in the company for 1.37 million shares. The North Carolina-based Chapter Iv Investors Llc has invested 11.01% in the stock. Capital Growth Management Lp, a Massachusetts-based fund reported 999,000 shares.#img1#
Ratings analysis reveals 70% of Vulcan Materials Company’s analysts are positive. Out of 10 Wall Street analysts rating Vulcan Materials Company, 7 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $96 while the high is $146. The stock’s average target of $120.63 is -4.28% below today’s ($126.02) share price. VMC was included in 17 notes of analysts from August 6, 2015. Suntrust Robinson upgraded Vulcan Materials Company (NYSE:VMC) on Wednesday, October 26 to “Buy” rating. The stock has “Neutral” rating given by DA Davidson on Monday, August 17. Argus Research maintained it with “Buy” rating and $118 target price in Thursday, November 19 report. The rating was maintained by RBC Capital Markets on Wednesday, August 5 with “Outperform”. The firm has “Neutral” rating by Bank of America given on Wednesday, November 16. The firm has “Buy” rating given on Wednesday, October 26 by SunTrust. The stock of Vulcan Materials Company (NYSE:VMC) earned “Buy” rating by Goldman Sachs on Wednesday, June 8. The firm has “Outperform” rating by RBC Capital Markets given on Friday, February 5. The stock has “Neutral” rating given by Alembic on Thursday, June 9. The stock of Vulcan Materials Company (NYSE:VMC) earned “Buy” rating by Argus Research on Friday, August 14.
Vulcan Materials Company, incorporated on February 14, 2007, is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Firm has four divisions organized around its principal product lines: Aggregates, Asphalt Mix, Concrete and Calcium. The Firm operates approximately 344 aggregates facilities.
More recent Vulcan Materials Company (NYSE:VMC) news were published by: Al.com which released: “Vulcan Materials Co. reports income up 13 percent despite decrease in revenues” on November 02, 2016. Also Nasdaq.com published the news titled: “Vulcan Materials Company (VMC) Ex-Dividend Date Scheduled for November 21, 2016” on November 18, 2016. Prnewswire.com‘s news article titled: “Vulcan Materials To Webcast 2016 Aggregates Day” with publication date: September 26, 2016 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Darrin Black