Martin Marietta Materials, Inc. (MLM) Shares Sold by IFP Advisors Inc
IFP Advisors Inc lessened its stake in Martin Marietta Materials, Inc. (NYSE:MLM) by 64.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 486 shares of the construction company’s stock after selling 867 shares during the quarter. IFP Advisors Inc’s holdings in Martin Marietta Materials were worth $107,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Highlander Capital Management LLC acquired a new position in shares of Martin Marietta Materials during the 3rd quarter valued at $124,000. Massey Quick Simon & CO. LLC acquired a new position in shares of Martin Marietta Materials during the 3rd quarter valued at $152,000. Westwood Holdings Group Inc. acquired a new position in shares of Martin Marietta Materials during the 2nd quarter valued at $187,000. Numeric Investors LLC acquired a new position in shares of Martin Marietta Materials during the 2nd quarter valued at $200,000. Finally, Fisher Asset Management LLC acquired a new position in shares of Martin Marietta Materials during the 4th quarter valued at $216,000. Institutional investors own 97.80% of the company’s stock.
Martin Marietta Materials, Inc. (MLM) opened at $214.38 on Friday. Martin Marietta Materials, Inc. has a 1-year low of $191.09 and a 1-year high of $244.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.73 and a quick ratio of 1.50. The company has a market cap of $13,475.93, a price-to-earnings ratio of 31.25, a price-to-earnings-growth ratio of 2.23 and a beta of 1.10.
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Martin Marietta Materials Profile
Martin Marietta Materials, Inc is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications.
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