V Square Quantitative Management LLC Has $342,000 Stock Holdings in Vulcan Materials (NYSE:VMC)

V Square Quantitative Management LLC lifted its stake in shares of Vulcan Materials (NYSE:VMC) by 6.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,329 shares of the construction company’s stock after buying an additional 84 shares during the quarter. V Square Quantitative Management LLC’s holdings in Vulcan Materials were worth $342,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Geneos Wealth Management Inc. increased its position in Vulcan Materials by 16.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 254 shares of the construction company’s stock worth $65,000 after acquiring an additional 36 shares during the period. United Asset Strategies Inc. increased its position in Vulcan Materials by 1.1% during the third quarter. United Asset Strategies Inc. now owns 3,747 shares of the construction company’s stock worth $938,000 after acquiring an additional 39 shares during the period. Sequoia Financial Advisors LLC increased its position in Vulcan Materials by 2.3% during the third quarter. Sequoia Financial Advisors LLC now owns 1,987 shares of the construction company’s stock worth $498,000 after acquiring an additional 44 shares during the period. Golden State Equity Partners increased its position in Vulcan Materials by 4.5% during the third quarter. Golden State Equity Partners now owns 1,099 shares of the construction company’s stock worth $275,000 after acquiring an additional 47 shares during the period. Finally, Valley Brook Capital Group Inc. increased its position in Vulcan Materials by 5.1% during the third quarter. Valley Brook Capital Group Inc. now owns 1,025 shares of the construction company’s stock worth $257,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Vulcan Materials Trading Up 0.5 %

Shares of Vulcan Materials stock opened at $270.58 on Monday. The firm 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 company has a current ratio of 2.86, a quick ratio of 2.02 and a debt-to-equity ratio of 0.42. The firm’s 50 day moving average is $267.64 and its 200 day moving average is $261.49. Vulcan Materials has a 1 year low of $225.36 and a 1 year high of $298.31.

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 (DPR) is currently 29.02%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on VMC shares. UBS Group started coverage on shares of Vulcan Materials in a research report on Thursday, November 7th. They set a “buy” rating and a $349.00 price target on the stock. JPMorgan Chase & Co. raised their price target on shares of Vulcan Materials from $245.00 to $290.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 27th. StockNews.com raised shares of Vulcan Materials from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Truist Financial raised their target price on shares of Vulcan Materials from $300.00 to $315.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, Citigroup decreased their target price 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. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.