Vulcan Materials (NYSE:VMC) Shares Sold by Appleton Partners Inc. MA

Appleton Partners Inc. MA lowered its holdings in shares of Vulcan Materials (NYSE:VMC) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,379 shares of the construction company’s stock after selling 750 shares during the period. Appleton Partners Inc. MA’s holdings in Vulcan Materials were worth $8,329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. raised its position in shares of Vulcan Materials by 16.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 254 shares of the construction company’s stock worth $65,000 after purchasing an additional 36 shares during the last quarter. United Asset Strategies Inc. increased its position in Vulcan Materials by 1.1% during the 3rd quarter. United Asset Strategies Inc. now owns 3,747 shares of the construction company’s stock worth $938,000 after purchasing an additional 39 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Vulcan Materials by 2.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,987 shares of the construction company’s stock valued at $498,000 after purchasing an additional 44 shares during the last quarter. Marcum Wealth LLC lifted its holdings in Vulcan Materials by 5.7% in the 3rd quarter. Marcum Wealth LLC now owns 854 shares of the construction company’s stock valued at $214,000 after purchasing an additional 46 shares in the last quarter. Finally, Golden State Equity Partners boosted its stake in shares of Vulcan Materials by 4.5% during the 3rd quarter. Golden State Equity Partners now owns 1,099 shares of the construction company’s stock worth $275,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Vulcan Materials Trading Down 1.6 %

Shares of VMC stock opened at $272.65 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.42. Vulcan Materials has a fifty-two week low of $225.36 and a fifty-two week high of $298.31. The firm’s 50 day moving average price is $269.82 and its two-hundred day moving average price is $261.12. The stock has a market cap of $36.01 billion, a price-to-earnings ratio of 43.00, a price-to-earnings-growth ratio of 2.14 and a beta of 0.84.

Analyst Ratings Changes

VMC has been the subject of a number of analyst reports. UBS Group assumed coverage on shares of Vulcan Materials in a research report on Thursday, November 7th. They issued a “buy” rating and a $349.00 price objective for the company. StockNews.com raised Vulcan Materials from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Truist Financial lifted their price objective on Vulcan Materials from $300.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Stephens reiterated an “overweight” rating and issued a $325.00 target price on shares of Vulcan Materials in a research note on Thursday, January 2nd. Finally, Raymond James decreased their price target on Vulcan Materials from $298.00 to $295.00 and set an “outperform” rating on the stock in a research note on Thursday, January 16th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Vulcan Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $301.18.

About Vulcan Materials

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.