3,139 Shares in Vulcan Materials (NYSE:VMC) Bought by Little House Capital LLC

Little House Capital LLC bought a new stake in Vulcan Materials (NYSE:VMC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,139 shares of the construction company’s stock, valued at approximately $807,000.

Several other institutional investors also recently made changes to their positions in VMC. Ashton Thomas Securities LLC purchased a new stake in Vulcan Materials during the third quarter worth about $30,000. Concord Wealth Partners purchased a new position in Vulcan Materials in the third quarter valued at about $35,000. Washington Trust Advisors Inc. lifted its position in shares of Vulcan Materials by 240.4% during the 3rd quarter. Washington Trust Advisors Inc. now owns 160 shares of the construction company’s stock valued at $40,000 after acquiring an additional 113 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Vulcan Materials during the 3rd quarter worth approximately $42,000. Finally, UMB Bank n.a. grew its holdings in shares of Vulcan Materials by 138.5% in the 4th quarter. UMB Bank n.a. now owns 186 shares of the construction company’s stock worth $48,000 after acquiring an additional 108 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Vulcan Materials Trading Up 0.5 %

Shares of VMC opened at $270.58 on Friday. Vulcan Materials has a fifty-two week low of $225.36 and a fifty-two week high of $298.31. The company has a market capitalization of $35.73 billion, a PE ratio of 42.68, a price-to-earnings-growth ratio of 2.14 and a beta of 0.84. The stock has a fifty day moving average of $267.64 and a two-hundred day moving average of $261.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 2.86.

Vulcan Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 10th will be given a dividend of $0.49 per share. This is an increase from Vulcan Materials’s previous quarterly dividend of $0.46. This represents a $1.96 annualized dividend and a yield of 0.72%. Vulcan Materials’s dividend payout ratio is 29.02%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Truist Financial lifted their price objective on Vulcan Materials from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Stephens reiterated an “overweight” rating and issued a $325.00 price objective on shares of Vulcan Materials in a research report on Thursday, January 2nd. JPMorgan Chase & Co. raised their target price on shares of Vulcan Materials from $245.00 to $290.00 and gave the company a “neutral” rating in a report on Wednesday, November 27th. Citigroup reduced their price target on shares of Vulcan Materials from $325.00 to $301.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, UBS Group assumed coverage on shares of Vulcan Materials in a research note on Thursday, November 7th. They set a “buy” rating and a $349.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $301.18.

Vulcan Materials Company Profile

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.