Aperio Group LLC boosted its stake in Vulcan Materials (NYSE:VMC) by 6.9% in the 4th quarter, HoldingsChannel reports. The firm owned 48,891 shares of the construction company’s stock after buying an additional 3,170 shares during the quarter. Aperio Group LLC’s holdings in Vulcan Materials were worth $6,276,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerebellum GP LLC acquired a new stake in Vulcan Materials in the 4th quarter valued at $133,000. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in Vulcan Materials in the 4th quarter valued at $200,000. WINTON GROUP Ltd acquired a new stake in Vulcan Materials in the 2nd quarter valued at $218,000. FCA Corp TX acquired a new stake in Vulcan Materials in the 3rd quarter valued at $215,000. Finally, LMR Partners LLP acquired a new stake in Vulcan Materials in the 3rd quarter valued at $220,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Shares of Vulcan Materials (VMC) opened at $129.37 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.34 and a current ratio of 4.22. The firm has a market capitalization of $17,110.00, a PE ratio of 44.15, a PEG ratio of 1.83 and a beta of 0.84. Vulcan Materials has a 52 week low of $108.95 and a 52 week high of $141.20.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.28 per share. The ex-dividend date is Thursday, February 22nd. This is an increase from Vulcan Materials’s previous quarterly dividend of $0.25. This represents a $1.12 annualized dividend and a dividend yield of 0.87%. Vulcan Materials’s dividend payout ratio (DPR) is currently 34.13%.

In other news, insider Michael R. Mills sold 3,738 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $134.56, for a total transaction of $502,985.28. Following the transaction, the insider now owns 44,581 shares of the company’s stock, valued at $5,998,819.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael R. Mills sold 4,659 shares of the stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $133.25, for a total transaction of $620,811.75. Following the transaction, the insider now directly owns 45,351 shares in the company, valued at approximately $6,043,020.75. The disclosure for this sale can be found here. 0.89% of the stock is owned by company insiders.

VMC has been the subject of several recent research reports. Bank of America lowered their price target on Vulcan Materials from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Thursday, October 19th. Jefferies Group raised their target price on Vulcan Materials from $122.00 to $128.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Citigroup restated a “buy” rating and set a $144.00 target price on shares of Vulcan Materials in a research note on Tuesday, December 26th. SunTrust Banks set a $145.00 target price on Vulcan Materials and gave the company a “buy” rating in a research note on Saturday, December 16th. Finally, Zacks Investment Research downgraded Vulcan Materials from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $146.13.

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About Vulcan Materials

Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).

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Institutional Ownership by Quarter for Vulcan Materials (NYSE:VMC)

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