Coldstream Capital Management Inc. Has $600,000 Holdings in Vulcan Materials (NYSE:VMC)

Coldstream Capital Management Inc. increased its stake in Vulcan Materials (NYSE:VMC) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,332 shares of the construction company’s stock after buying an additional 94 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Vulcan Materials were worth $600,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VMC. Principal Financial Group Inc. boosted its holdings in shares of Vulcan Materials by 19.9% in the 3rd quarter. Principal Financial Group Inc. now owns 5,320,570 shares of the construction company’s stock valued at $1,332,431,000 after buying an additional 884,580 shares during the last quarter. Barclays PLC boosted its holdings in shares of Vulcan Materials by 29.0% in the 3rd quarter. Barclays PLC now owns 472,194 shares of the construction company’s stock valued at $118,251,000 after buying an additional 106,187 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Vulcan Materials in the 3rd quarter valued at approximately $811,000. Wilmington Savings Fund Society FSB acquired a new stake in Vulcan Materials during the 3rd quarter valued at $671,000. Finally, Tidal Investments LLC lifted its holdings in Vulcan Materials by 185.0% during the 3rd quarter. Tidal Investments LLC now owns 21,661 shares of the construction company’s stock valued at $5,425,000 after purchasing an additional 14,061 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised Vulcan Materials from a “neutral” rating to an “overweight” rating and cut their price target for the company from $290.00 to $285.00 in a report on Wednesday, March 19th. Royal Bank of Canada raised their price target on Vulcan Materials from $269.00 to $286.00 and gave the company a “sector perform” rating in a report on Wednesday, February 19th. Stephens reaffirmed an “overweight” rating and set a $325.00 price target on shares of Vulcan Materials in a report on Thursday, January 2nd. UBS Group downgraded Vulcan Materials from a “buy” rating to a “neutral” rating and cut their price target for the company from $343.00 to $258.00 in a report on Monday, April 7th. Finally, Stifel Nicolaus began coverage on Vulcan Materials in a report on Tuesday, March 4th. They set a “buy” rating and a $287.00 price target for the company. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $293.64.

Vulcan Materials Trading Down 0.0 %

VMC opened at $245.38 on Wednesday. The stock has a market capitalization of $32.46 billion, a price-to-earnings ratio of 35.82, a P/E/G ratio of 2.03 and a beta of 0.80. The company has a quick ratio of 2.02, a current ratio of 1.83 and a debt-to-equity ratio of 0.60. Vulcan Materials has a twelve month low of $215.08 and a twelve month high of $298.31. The company has a 50-day simple moving average of $238.23 and a 200 day simple moving average of $259.55.

Vulcan Materials (NYSE:VMC) last posted its quarterly earnings results on Tuesday, February 18th. The construction company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.41. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. Vulcan Materials had a net margin of 12.30% and a return on equity of 12.83%. During the same quarter last year, the business posted $1.46 EPS. Analysts predict that Vulcan Materials will post 8.69 EPS for the current fiscal year.

Vulcan Materials Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a dividend of $0.49 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 0.80%. This is a boost from Vulcan Materials’s previous quarterly dividend of $0.46. Vulcan Materials’s payout ratio is 28.61%.

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.